Organizations focused on optimizing cost performance are increasingly adopting core-flex approaches for employee mobility benefits. These policy types are fast becoming the norm and are particularly popular for permanent transfers of lower level profiles and inexperienced new hires. According to Benivo’s 2023 Core-Flex Policy Benchmark Survey, among the 64 respondents 53% indicated they have core-flex policies in place, and among those without core-flex today 90% report either having the policy types in development or on their radar for future use.
Read MoreIn today's rapidly evolving business landscape, companies are redefining their approach to employee mobility benefits. The traditional methods, which were primarily based on organizational hierarchy or employee level, are gradually giving way to a more purpose-driven matrix approach. This contemporary fit-for-purpose model considers the motivation behind the employee's move, whether it's for talent development or business reasons, and tailors the benefits accordingly.
Read MoreIn May 2023, Benivo conducted a pulse survey with an aim to provide clarity on the staffing practices within the global mobility function across various industries.
Read MoreIn recent episodes of "The View From The Top," host Brian Friedman conducted inspiring and thought-provoking interviews with Sue Kukadia and Suzie Chapman, both strong advocates for diversity, equity, accessibility, and inclusion (DE&I) in the Global Mobility industry.
Read MoreWe continue to see many companies making a move away from traditional mobility benefits approaches toward core-flex structures. These policy types aim to balance consistency and control over core provisions with flexibility for employees to make individualized choices among a set of flexible benefits. Technology is increasingly enabling these more complex benefit structures by automating much of the give-and-take workflow that comes with accommodating benefit choices. This automation also avoids burdening program managers with a cumbersome gatekeeper role just at a time when we know they are striving to elevate their roles as strategic contributors.
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