WTW-員工福利的全球優(yōu)先事項：2023年總部展望（英）-2022-29正式版

2023GlobalPrioritiesforEmployeeBenefitsAnHQPerspectiveOctober2022?2022WTW.Allrightsreserved.Keyfindings?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.2Multinationalsraisethebar:employeewellbeing,benefitsandESGFocusonpeopleaccelerates–includingforemployeebenefitsandwellbeing::?Alignemployeeexperienceofbenefits/wellbeingwithcompany’spurpose,culture,visionandvalues?Establishglobalminimumstandardsforcorebenefits?Benchmarkbenefitsprovisioneffectively?Alignbenefitcostanddesignwithmarketandemployeevaluesandpreferences?Integrateacrossareasofemployees’wellbeing/resilience:physical,emotional,socialandfinancialEmergingESGambitionsandexpectationsareraisingstandardsforbenefitsofferingsandrobustgovernanceSimplifyingcompanies’operatingmodelsisstillinfocus–withattentionturningtoemployeebenefits/pensions?Challengingmacro-landscapeandrisingemployeedemandscreateamajorchangeagenda:Needsbandwidthbeyondbusiness-as-usual?Globalorganisationsfaceexecutionchallengestobalanceambition,riskandresourcesacrosslargerandsmallercountryoperations?Handlingacquisitions/divestitures,reorganisations,legislation,etcaddstothesedemands?LeadingmultinationalsarerecognizinghowaneffectiveglobaloperatingmodelcanbalancetheserequirementsRisksneedongoingattentionandinflationbringscostsintofocus-tooptimizeuseofresources/capital:?Analyticstoassesskeydriversofriskandcost?Leverageglobalscaletobalanceriskretentionandtransfer?Managingoperational/reputationalrisksandprogramgovernanceareongoingrequirementsInthespotlight:Employeewellbeingandbenefitsaremorebusinessrelevant–andcomplextonavigate-thanever?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.3GlobalminimumstandardsandESGexpectationsdriveprogressTopthreeareasofpriorityfor2023:Reflectemphasisonpeopleaspectsofemployeebenefits:?Alignemployeeexperienceofbenefits/wellbeingwithcompany’spurpose,culture,visionandvalues(35%*)?

Establishglobalminimumstandardsforcorebenefits(33%*)?

Benchmarkbenefitseffectively(29%*)Countriesinfocus:US,UKandChinatopthelistfor2023EmergingESGambitionsandexpectationsareraisingstandardsforbenefitsofferingsandrobustgovernance?

80%ofcompanieswanttobeadvancing,leadingortransformingforemployeebenefits/pensions?

for75%,Socialaspectsareinprogressorbeingconsideredforemployeebenefits/wellbeing–

withmostfocustodateonhealthcare,leaves/PTOandfoundationalwellbeingprograms-andmoreprogressintheirkeycountries?

for70%,Environmentalaspectsareinprogressorbeingconsideredforemployeebenefits/wellbeing–

withmostfocustodateontransportation/mobilitybenefitsandretirementbenefits-andmoreprogressintheirkeycountries?

Governance:2022haspromptedtwo-thirdsofcompaniestoreviewglobalpolicies/guidingprinciplesandroles/responsibilitiesforemployeebenefits/wellbeing–

typicallyconnectedtoabroaderreview,egcoveringworkstyles,DEI**,totalrewards,employeeexperienceand/oremployeevalueproposition(EVP)Over50%ofcompaniesarelookingtosetadditionalglobalminimumstandardsforemployeebenefits/pensions?

Almost50%alreadyhaveglobalminimumstandards:mostcommonforriskbenefits,employeeassistanceprograms(EAP),flexibleworking,familyleaves?Growingconsiderationofglobalminimumstandardsforhealthcare,othertime-offandbroadersupportforwellbeing/resilienceincludingretirement/savingsMultinationalcompanies(MNCs)areatdifferentstagesinmanagingemployeebenefitsgloballyAlmostthreefifthsarefairlymatureExpandingfocusorHarnessingexperience;whilealmostaquarterareGettingstartedPerspectivecanhelpcompaniesateverystagemoveforward*%ofMNCswhoincludetheitemintheirtopfivepriorities**Diversity,equityandinclusion?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.42023prioritiesforHQshighlightopportunitiesandgaps1)CHANGINGFOCUS2)ENDURINGAREASOFFOCUSIncreasedpriorityfor2023vs2022?Integrateacrossareasofemployees’wellbeing/resilience(physical,emotional,socialandfinancial)(27%*)Amongthetop10areasoffocusforMNCsasusual:?Benchmarkbenefitseffectively(29%*)?Improvebenefitsdigitizationasanenabler(23%*)?Improvefinancingofinsurablebenefits(18%*)?Alignbenefitcostanddesignwithmarketandemployeevaluesandpreferences(28%*)?AddressEnvironmental,SocialandGovernance(ESG)aspectsofemployeebenefits?Improvegovernance(19%*)(17%*)?Anticipatingfuturedevelopments(16%*)andAnalytics&Insightstopics,egemployeelisteningaboutbenefits/wellbeing;healthmanagementanalytics;robustfinancialinformation3)MISSEDOPPORTUNITIESSimilarstrongpriorityfor2023vs2022?Diversity,equityandinclusion:Improveinclusivityofemployeebenefits(23%*)andImproveinclusivityofexperienceforemployees(10%*)It’ssurprisingtoseerelativelylowfocuson:?Enhancesupportforemployeedecisions(3%*)?Employeechoice:Offergreaterpersonalization(16%*)andImprovepersonalization/segmentationofexperienceforemployees(16%*)?RetirementbenefitswhichareasignificantinvestmentformostMNCs:Rationalisedefinedcontribution(DC)retirement(3%*);Reduceretirementrisk(13%*)Reducedpriorityfor2023vs2022–perhapstofreeupresourceforhigherpriorityfocusareas.?Ensurebenefitsarefitforpurposefornewwaysofworking(23%*)?Managehealthcarecostse.g.,,avoid,control,transfer(18%*)?Simplify/reconfigureoperatingmodel(11%*)*%ofMNCswhoincludetheitemintheirtopfivepriorities?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.5Challengingmacro-landscapeandrisingemployeedemandsneedaglobalapproachtodeliverbenefitseffectivelyandcost-efficientlyaroundtheworldTakeawaysforGlobalthemesTrendingmanagingemployeebenefitsaroundtheworld?????Employeehealth,wellbeingandresilienceInclusive,fairbenefits(DEI)?Coordinateacrosswellbeing,benefitsandDEItoacceleratestrategicprioritiesPeopleEmployeeexperience1.RisinginflationandpotentialrecessionSupportflexiblewaysofworkingAlignwiththecompany’svaluesandpurpose?Keeplookingahead?Planglobally,executelocallyEnduringfocus:Alignbenefitcosts/designwithmarket,employeevaluesandpreferences2.Worktransformation?Buildonfoundations(egcaptive,pensionde-risking)toaccelerate?riskoptimization?????Minimizeuseofresources/capitalanddistractions:Leverageglobalscale3.ESGandRiskoptimizationsustainabilityAnalytics:keydriversofrisk/costBalanceriskretentionandtransferOperational/reputationalrisks?costcontainment4.Globalminimumstandardsfor?KeeplookingaheademployeebenefitsEnduringfocus:Managehealthcarecosts?Planglobally,executelocally5.Financingandoperating?Simplifyoperatingmodelisinfocus?Getthebasicsright?visibilityOperatingmodel(includinggovernance)?

oftennotsolvedforemployeebenefitsefficiencies?

accommodatebothbusinessasusualandchangeagenda?efficiency?consistency6.Horizonscanningtoanticipatewhat‘sahead?

executionchallenges:fewkeycountriesvsbeyondtheseGovernancestillneedswork??Simplify/prioritizetohelpfreebandwidth?Planglobally,executelocallyEnduringfocus:Maintaininventoryofownbenefitplansandcosts;andbenchmarkeffectivelySources:WTWglobalresearch/marketintelligence.IncludingBenefitsAttitudesbienniealsurvey(In2022,35.549employeesacross23countries).BenefitsTrendsbiennialsurvey(In2021,3,600companiesacross100countries).BenefitsDataSourcerollingdatabase(18,000companiesacross120countries).GlobalProritiesforEmployeeBenefitsannualsurvey(For2023,HQsof206multinationals).PracticalexperienceofWTW‘s45,000colleaguesacross120+countries?2022WTW.Proprietaryandconfidential.ForWTWandWTWclientuseonly.6Surveyresults?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.7Foundationsfor2023:StageofmanagingbenefitsgloballyMultinationalcompaniesareatdifferentstagesandcanbenefitfromexperienceExpandingfocusGettingStartedInitialfocusHarnessingexperience32%26%23%19%(14%)(29%)(29%)(28%)HQ/regionalHQisfocusingonaninitialpriority.Initialprioritiesmightincludeachievingdesiredsenseof“grip”;orfinancialrisks;oroperationalgovernanceofbenefitplans;orcost?HQ/regionalHQfocusismovingbeyondtheirinitialpriorityeg,tobusinessasusual;moresophisticationoninitialpriorities;buildinginadditionalfocus(es);readytomovetoanextlevel/phase?InitialdatagatheringbyHQ/regionalHQto“knowwhatwehave”andtodefineinitialprioritiesforHQ/regionalHQfocus,and/orinitialexpansionoutsideHQcountry?Mature/experienced:combiningmultiplefocuses,“What’snext?”;“Whatarewemissing?”;globalcenter(s)ofexpertise,egforemployeebenefits,pensionsorreduction/control;orbenchmarkingbenefitswellbeingportfolios;and/orafewspecificcountriesPrioryearsurveyresultsinbracketsBase:Totalrespondentsn=191?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.8Managingforsuccess:FivekeydimensionsPortfolioinlinewithcompanyculture,objectives,marketnorms,employeeneedsandvalues.Portfolio:OptimalalignmentMonitoringdevelopmentsanddata-driveninsightsforinformedandrapiddecisions.Analytics&Insights:Data-drivendecisionsCostoptimizationandefficientriskretentionandtransfer.Financing:CostandriskefficienciesManageandoptimiseAdmin&Operations:OperationalefficienciesOperatingmodelandtechnologytostreamlinedecisions,andoptimizeinternalandexternalresources.EmployeeExperience:TalentCreatingapersonalisedexperiencetoengageemployeesinselectionandutilization.engagement?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.9Areasoffocusfor2023PortfolioFinancingEmployeeExperienceAdministration&Analytics&InsightsOperationsOperatingmodelandtechnologyforemployeebenefits/pensionstostreamlinedecisions,optimizeresourcesEmployeebenefits/pensionsportfolioinlinewithcompanyculture,objectives,marketnorms,employeeneedsandvaluesCostoptimizationandefficientriskretentionandtransferforemployeebenefits/pensionsPersonalizedexperiencetoengageemployeesinselection&utilizationofemployeebenefits/pensionsprogramsMonitoringdevelopmentsanddata-driveninsightsforinformedandrapiddecisionsaboutemployeebenefits/pensionsEstablishglobalminimumstandardsAlignemployeeexperienceofbenefits/wellbeingwithcompany’spurpose,culture,visionandvalues–35%Benchmarkbenefitsprovisionforcorebenefits-33%effectively–29%ImprovebenefitsdigitizationasanManagehealthcarecosts–18%enabler-23%Alignbenefitcostanddesignwithmarketandemployeevaluesandpreferences–28%Establish/refocusinventoryofemployeebenefitplans–16%Improvepersonalization/segmentationofexperienceforemployees–16%Improvefinancingofinsurablebenefits–18%Integrateacrossareasofemployees’wellbeing/resilience(physical,emotional,socialandfinancial)–27%Anticipatefuturedevelopments–16%Improve/establishongoingemployeelisteningaboutbenefits/wellbeing–14%Improveuseofemployee-facingReduceretirementrisk–13%portals–13%EnsurebenefitsarefitforpurposeforSimplify/reconfigureoperatingnewwaysofworking–23%Develop/maintainhealthmanagementanalytics–13%model–11%Rationalisedefinedcontribution(DC)ImproveinclusivityofexperienceforImproveinclusivityofemployeeretirement–3%employees–10%benefits-23%Establishrobustfinancialinformationforemployeebenefits-13%Manage/mitigateoperationalRationalisefinancingfornon-coreEnhancesupportforemployeeOffergreaterpersonalization–16%risks–8%benefits-3%decisions–3%Revisitroleofbenefits/wellbeing/resilience,egembedaspartofemployeeexperience,companyculture,totalrewards–21%Improvegovernance,egforrisk/healthcare/retirementbenefits;orforbroaderbenefits/wellbeing–19%AddressEnvironmental,SocialandGovernance(ESG)aspectsofemployeebenefits–17%Integrate/harmoniseapproachesand/orprogramsfollowingacquisition(s)/merger(s)-16%Base:TotalRespondentsn=179Respondentswereaskedtoselecttheirtopfiveareasoffocus.?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.10Countriesinfocusfor2023US,UKandChinatopcountriesinfocusUnitedStatesUnitedKingdomChina16%8%9%12%9%12%5%6%5%4%10%GermanyIndia5%8%7%4%USandUKtopthelist,withChinacomingintothetop3.Taiwan8%3%2%2%5%1%Mexico3%4%Benefits/wellbeingPortfolioisthemostcommonreasonforfocusBrazil5%2%1%2%3.8%1%2%3%Otherreasonsarealsoimportantinsomecountries:?

Acquisition:Germany,Mexico,France?

Administrationandoperation:Mexico?

Changingworkforce/workstyles:US,India,France?

Employeechoice:Taiwan,CanadaCanada2%4%France4%NetherlandsSingapore2%1%?

Employeeexperience:France?

Financing/costmanagement:US,UK,Germany?

Governance:MexicoSwitzerland2%Italy3%1%1%1%2%4%1stranked2ndranked3rdrankedIreland1%3%Base:TotalRespondentsn=159?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.11OverallESGconsiderationsforemployeebenefits(i)Howdoyouseethecompany’soverallESGambitions,and(ii)howdoyouseethecompany’sESGambitionsforemployeebenefits/pensions?(i)Company’soverallESGambitions(e.g.,in3-5years)Inkeycountries(e.g.,company’s3-5largestcountries)(n=154)Inmostcountries(e.g.,wherecompanyhasover50employees)(n=150)(ii)Company’sESGambitionforemployeebenefits/pensions(e.g.,in3-5years)Inkeycountries(e.g.,company’s3-5largestcountries)(n=152)12%36%31%21%20%41%29%11%17%40%30%13%Inmostcountries(e.g.,wherecompanyhasover50employees)(n=149)22%45%23%9%Initiating(compliant):Wedon’twanttogetsuedorfined.Leading:WearemoreprogressiveandcommittedtoESG.OtherAdvancing:Wedotherightthing.Transforming:ESGprinciplesareembeddedinallwedo.?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.12EnvironmentalconsiderationsforemployeebenefitsTowhatextenthasthecompanytranslateditsenvironmentalambitionsintohowtheyapplyforemployeebenefits,e.g.,byarticulatingpolicies,guidingprinciplesordesireddirections?Forcorebenefits*(n=150)Forbroaderbenefits(n=150)17%39%31%10%3%11%3%11%3%12%29%45%Foroverallemployeewellbeing(n=150)11%33%42%CompletedInprogressConsideringNotconsideringOther*Corebenefitstypicallyreferstoriskbenefits(eglife,accident,disability),healthcareandretirement/end-of-servicebenefits;increasinglyalsoleave/paidtime-off(PTO)andfoundationalwellbeingprograms,suchasemployeeassistanceprograms(EAPs),healthriskassessment(HRAs).?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.13EnvironmentalconsiderationsforemployeebenefitsInkeycountriesForeachtypeofemployeebenefit,towhatextentisyourcompanyimplementingitsglobalenvironmentalpoliciesatalocallevel?Hasyourcompanyreviewed/confirmedtheextenttowhichthefollowingalignwiththecompany’soverallenvironmentalframeworkandambitions…Inkeycountries(e.g.,company’s3-5largestcountries)…investmentofretirementplanassets(n=140)16%17%15%14%14%12%10%5%19%32%24%Retirement/end-of-servicebenefits…retirementbenefitsvendors’environmentalcredentials(e.g.investmentmanagers,administrators,insurancecompanies,advisers/intermediaries)(n=137)10%32%36%…riskbenefitsvendors’environmentalcredentials(e.g.insurancecompanies,advisers/intermediaries)(n=137)RiskBenefitsHealthcare4%8%4%8%10%31%31%42%…yourcompany’shealthcarebenefitvendors’environmentalcredentials(e.g.insurancecompanies,advisers/intermediaries,administrators)(n=137)42%Transportation/Mobility…transportation/mobilitybenefits(panycars,e-mobility,fuel/car/commutingallowances)(n=138)25%25%25%27%Foundationalwellbeingprograms…yourcompany’svendors’environmentalcredentials(e.g.EAPs,HRAs)(n=136)4%7%28%50%…includingoptionsinbenefitchoices(e.g.viaalifestyle/wellbeingaccount,carbonoffsets,bicycles,electriccarsubsidies)(n=138)Broaderbenefits/perquisites/allowances7%9%20%38%…connectiontooverallemployeewellbeingstrategy,egsupportingeco-anxiety,linkingtoenvironment-friendlyservices/benefits(n=137)Broaderwellbeing/employeeresilience8%3%17%38%Yes–implementing34%NotconsideredConfirmednochangerequiredAlreadychangedYes–considering?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.14EnvironmentalconsiderationsforemployeebenefitsInmostcountriesForeachtypeofemployeebenefit,towhatextentisyourcompanyimplementingitsglobalenvironmentalpoliciesatalocallevel?Hasyourcompanyreviewed/confirmedtheextenttowhichthefollowingalignwiththecompany’soverallenvironmentalframeworkandambitions…Inmostcountries(e.g.,wherecompanyhasover50employees)…investmentofretirementplanassets(n=131)14%13%4%7%2%6%34%41%Retirement/end-of-servicebenefits…retirementbenefitsvendors’environmentalcredentials(e.g.investmentmanagers,administrators,insurancecompanies,advisers/intermediaries)(n=127)33%46%…riskbenefitsvendors’environmentalcredentials(e.g.insurancecompanies,advisers/intermediaries)(n=129)RiskBenefitsHealthcare12%2%8%33%30%46%48%…yourcompany’shealthcarebenefitvendors’environmentalcredentials(e.g.insurancecompanies,advisers/intermediaries,administrators)(n=128)11%4%8%8%Transportation/Mobility…transportation/mobilitybenefits(panycars,e-mobility,fuel/car/commutingallowances)(n=128)13%20%30%30%Foundationalwellbeingprograms…yourcompany’svendors’environmentalcredentials(e.g.EAPs,HRAs)(n=128)10%5%7%14%25%53%…includingoptionsinbenefitchoices(e.g.viaalifestyle/wellbeingaccount,carbonoffsets,bicycles,electriccarsubsidies)(n=129)Broaderbenefits/perquisites/allowances5%2%41%38%…connectiontooverallemployeewellbeingstrategy,egsupportingeco-anxiety,linkingtoenvironment-friendlyservices/benefits(n=129)Broaderwellbeing/employeeresilience7%2%12%Alreadychanged40%40%ConfirmednochangerequiredYes–implementingYes–consideringNotconsidered?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.15SocialconsiderationsforemployeebenefitsTowhatextenthasthecompanytranslateditsDEIambitionsintohowtheyapplyforemployeebenefits,egbyarticulatingpolicies,guidingprinciplesordesireddirections?Forcorebenefits(n=140)Forbroaderbenefits(n=140)21%41%33%3%2%6%2%6%2%14%36%42%Foroverallemployeewellbeing(n=140)16%42%34%CompletedInprogressConsideringNotconsideringOther*Corebenefitstypicallyreferstoriskbenefits(eglife,accident,disability),healthcareandretirement/end-of-servicebenefits;increasinglyalsoleave/paidtime-off(PTO)andfoundationalwellbeingprograms,suchasemployeeassistanceprograms(EAPs),healthriskassessment(HRAs).?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.16SocialconsiderationsforemployeebenefitsInkeycountriesForeachtypeofemployeebenefit,towhatextentisyourcompanyimplementingitsglobalDEIpoliciesatalocallevel?Inkeycountries(e.g.,company’s3-5largestcountries)Riskbenefits(e.g.death,accidentdisability,businesstravelaccident)(n=133)20%12%16%36%16%17%16%25%32%10%Healthcare(n=134)21%7%16%34%23%Retirement/end-of-servicebenefits(n=133)Leaves/PTO(n=132)14%15%29%30%11%12%13%17%25%33%Foundationalwellbeingprograms(egEAPs,HRAs)(n=134)Broaderbenefitsbeyondabovetypes/perquisites/allowances(n=133)11%6%14%46%23%14%Confirmednochangerequired6%24%41%Yes–

considering15%NotconsideredBroaderemployeewellbeing/resilience(n=133)AlreadychangedYes–

implementing?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.17SocialconsiderationsforemployeebenefitsInmostcountriesForeachtypeofemployeebenefit,towhatextentisyourcompanyimplementingitsglobalDEIpoliciesatalocallevel?Inmostcountries(e.g.,wherecompanyhasover50employees)Riskbenefits(e.g.death,accidentdisability,businesstravelaccident)(n=122)17%16%18%8%12%41%21%8%17%45%13%Healthcare(n=122)5%9%38%30%Retirement/end-of-servicebenefits(n=122)Leaves/PTO(n=121)14%10%21%37%18%12%11%11%15%11%19%36%19%Foundationalwellbeingprograms(egEAPs,HRAs)(n=123)Broaderbenefitsbeyondabovetypes/perquisites/allowances(n=122)4%46%29%7%13%Alreadychanged48%Yes–

implementing20%NotconsideredBroaderemployeewellbeing/resilience(n=122)ConfirmednochangerequiredYes–

considering?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.18GlobalminimumstandardsforemployeebenefitsPleasechoosethestatementwhichbestdescribesyourcompanyintermsofglobalminimumstandardsforemployeebenefits/pensions,i.e.,standardsthatareintendedtoapplyforallemployeesinallcountries.14%33%29%24%Thecompanysetsminimumstandardsforsomeemployeebenefitsorpensionsforallemployeesinallcountries(“globalminimumstandards”).ThecompanysetsglobalminimumstandardsforsomeemployeebenefitsorpensionsANDISLOOKINGTOSETADDITIONALstandardsinthefuture.ThecompanydoesNOTCURRENTLYsetanyglobalminimumstandardsforanyemployeebenefitsorpensionsBUTISLOOKINGTOsetsuchstandardsinthefuture.ThecompanydoesNOTCURRENTLYsetanyglobalminimumstandardsforanyemployeebenefitsorpensionsandisNOTLOOKINGATsettinganysuchstandards.Base:TotalRespondentsn=141?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.19Natureofcompanies’currentglobalminimumstandardsBusinesstravelaccident(BTA)(n=74)Employeeassistanceprogram(EAP)(n=73)Flexibleworkarrangements(n=72)57%22%22%25%36%43%35%40%35%40%32%27%34%40%32%25%27%Familyleaves(e.g.,maternity,paternity,parental,other)(n=74)Life(n=75)38%32%28%Healthcareforemployees(n=72)33%21%32%39%40%48%Accident(n=75)Vacation/paidtime-off(PTO)(n=72)Otherwellbeingprograms/initiatives,egphysical,financial,emotionalorsocial…Disability(n=74)28%25%18%49%50%51%Retirementbenefits(n=72)18%25%23%32%24%24%Healthcareforemployees’partner/family(n=71)Savings/stockpurchase/stockownershipplansorvehicles(n=70)Otherleaves(n=70)53%57%17%16%26%26%17%Healthriskassessment(HRA)(n=69)Severance/involuntarytermination(n=69)Benefitschoice(n=70)58%59%23%14%17%69%NominimumstandardsforthisbenefitstypeGlobalminimumstandardrequiresprovision(ieatanylevel)GlobalminimumstandardspecifiesaminimumlevelofprovisionBase:Respondentsthathavesetglobalminimumstandardsorislookingtosetadditionalstandardsinthefuture?2022WTW.Allrightsreserved.ProprietaryandConfidential.ForWTWandWTWclientuseonly.Notsuitableforunintendedpurposeorusebyunauthorizedrecipient.20Natureofcompanies’currentglobalminimumstandardsIftheglobalminimumstandardspecifiesaminimumlevelofprovisionforanyofthefollowingbenefits,pleaseindicatethenatureofminimumstandard.Life(n=23)Accident(n=15)Disability(n=12)Accidentaldeathlumpsumof1xannualbasicpayLifeinsurancelumpsumof1xannualbasicpayDisabilitylumpsumof1xannual30%27%25%basicpayDisabilitylumpsumof2xannualbasicpayAccidentaldeathlumpsumof2xannualbasicsalarypay33%Lifeinsurancelumpsumof2xannualbasicpay26%20%Disabilitylumpsumof3xannualbasicpay8%Lifeinsurancelumpsumof3xannualbasicpayAccidentaldeathlumpsumof3xannualbasicpay9%Disabilitylumpsumofhig