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2024 Global Benefits Forum

Welcome to San Juan!

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Several hundred global benefits professionals gathered in San Juan to connect, learn and share at Lockton’s 2024 Global Benefits Forum. In our 9th year, the Forum has earned a reputation as an unmatched experience in the industry, with consistent annual attendee growth.
 
The key takeaways for the Forum include
  • Employee experience is as important as cost management
    • Few employers are considering cutting benefits or even shifting cost to better manage their budget
    • Only 8% of employers are looking at shifting more cost to employees
  • Adding more benefits is not always effective
    • Sometimes you just need to help people understand what’s available to them and how it can help = true value
    • 74% of employers are planning to communicate more
  • Investing in Communication will deliver the biggest impact
    • Knowing your people and their needs can help you prioritize by value and lead to greater engagement
    • Only 50% of employers collect employee feedback at least annually
  • Work to understand what matters most to employees
    • Employers may achieve more by refocusing on value and adding flexibility
    • Only 31% of employers are planning to add or enhance benefit
​Lockton’s Global Benefits Strategy Survey for Multinational Employers was underway during the Forum.

Nick Dobelbower gave us a preview of the 2024 results. 
Download his April 17, 2024 presentation - Global Benefits Strategy for Today & Tomorrow.  

Where are global employers facing now?
  • Competitive job market
  • Changing employee expectations
  • Remote work and other flexibility
  • Stress from work and non-work sources
  • Inflationary other economic pressures

Where are global employers focusing in 2024-25?
  • Communicating existing benefit programs
  • Aligning to desired market position
  • Greater parity across global locations
  • Mental health
  • DEI
  • Physical health and wellbeing
  • Financial wellbeing
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Interested in more Global Benefits Content!  
Our other session topics are outlined below. Click the session topic to view and download the presentation
  • The_Experience_Advantage / Transforming_Employee_and_Customer_Experience
  • Benefits_Reimagined_Designing_Solutions_for_a Changed_Work_Landscape
  • Aligning Benefits and Compensation to ESG and Company Values
  • Mental Health Effects and the Impact on Occupational Risk in LATAM
  • Regional Update - Ireland and the U.K.
  • Adopting an Explorer Mindset for Personal Wellness
  • If the Global EAP Case Management System Could Talk: Wellbeing Strategies & Insights
  • The Blueprint for a Culture of Well-Being
  • Leave: How to Align Company Philosophy with Regulatory Requirements
  • Navigating_Asia's_Dynamic_Workforce_and_Challenges
  • Pensions & Health in the Benelux
  • Solving Burnout: The What, Why, and How for Fixing the Root Causes
  • Bending the Global Medical Cost Curve
  • LATAM in Numbers: Trends and Market Practice
  • The Changing Landscape of DEI and Global Wellbeing
Copyright 2024 - BenefitSmith.com
  • Home
  • BenefitSmith Global
    • 2024 Global Benefits Forum
    • IEBA - US Branch
    • 2023 Global Risks & Rewards
    • Elevate Capacity & Well-Being
    • The Future of Talent
  • Insights
  • Self Insured Solutions
  • Where Employers Focus & How Lockton Helps
  • Benchmarking, Trends & Updates
  • Pharmacy Management
  • Data & Analytics
  • People Solutions
  • PE, VC and M&A Support
  • NEEBC & Lockton
  • About BenefitSmith
  • Contact
  • Resources
    • MA Benefit & Leave Mandates
    • Stream with Smith
    • Uncommon Perspectives
    • Lockton Benefit Blog
    • Lockton Employee Benefits
    • Lockton Global Benefits - Compliance News
    • Lockton Insights & Publications
    • Lockton Private Risk Solutions
    • Kaiser Health News
    • New England Employee Benefits Council