Whether your organization is just beginning to expand globally or is already operating on an international scale, aligning your benefits program with growth is essential.

At Fijoya, we understand the challenges of attracting top talent while managing the complexities of global benefits. Here are 5 ways to navigate these challenges effectively:

1. Shift from Global Parity to Health Equity
   Achieving global parity in benefits is often unrealistic and may not meet the diverse needs of a global workforce. Instead, focus on health equity, ensuring all employees have access to the benefits that matter most to them. For companies expanding globally, this means establishing minimum standards with room for regional customization. For those already global, it’s about refining these standards to better meet the needs of a diverse workforce.
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2. Clarify the ‘Why’ Behind Your Benefits
   Your benefits should align with your company’s culture and growth stage. Whether you’re scaling up or already established globally, having a clear philosophy behind your benefits decisions is crucial. This clarity not only helps attract the right talent but also ensures your benefits strategy supports long-term business goals.
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3. Maximize Current Benefit Utilization
   Before adding new benefits, ensure that your existing offerings are being fully utilized. This applies whether you’re scaling up or managing an established global benefits program. At Fijoya, we support data-informed decisions to optimize benefit engagement, using tools like AI-driven care navigation to help employees discover and utilize underused benefits.
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4. Avoid Benefits Bloat
   As your company grows or refines its global presence, it’s easy to accumulate too many specialized point solutions. Fijoya’s marketplace platform offers a streamlined approach, allowing employees to personalize their benefits choices without overwhelming them or your HR team with multiple vendors.
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5. Consider Self-Funded Health Plans
   Self-funded health plans can offer significant savings but come with risks. For companies scaling globally, it might be a strategic move to consider once you reach a certain size. For those already operating globally, reassessing your funding model could uncover opportunities for cost savings. Fijoya provides guidance on when and how to make this transition smoothly.

The Bottom Line:
Whether you’re scaling globally or refining an existing global benefits program, it’s crucial to balance global needs with localized solutions. At Fijoya, we’re here to help you make informed decisions that align with your company’s growth and ensure your benefits deliver value for both your employees and your business.

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