New online tool aims to simplify global benefits management

EMPLOYEE BENEFITS

Watson Wyatt has launched a new internet-based tool that helps organisations manage benefits, compensation and financial data across multiple countries and business units.

BenTrack allows organisations to manage data for a range of retirement plans and benefit programmes, including pensions, medical and dental coverage, death and disability benefits, termination and severance provisions, stock plans and company cars.

With BenTrack, users may:

capture comprehensive information on benefits plans and compensation programmes for multinational locations and employee groups

store current and historical financial and accounting data (UK, US and international accounting standards)

track pension plan investment performance

view up-to-date information on social security benefits and typical company practice in countries around the world

access summaries of current statutory benefits from around the world.

The data is stored on secure Watson Wyatt servers with rigorous security controls.

A final word

"With BenTrack, human resources professionals around the world have online access to their organisations' data - everything from benefit plan costs to statutory guidelines - at any time, from any location." - Caroline Dopson, senior consultant, Watson Wyatt.

Want to know more?

To learn more about BenTrack or request a demonstration, contact Caroline Dopson, senior consultant, Watson Wyatt LLP, tel: +44 1737 274288, email: caroline.dopson@eu.watsonwyatt.com.

Watson Wyatt is a global consulting firm focusing on human capital and financial management. It specialises in four areas: employee benefits, human capital strategies, eHR, and insurance and financial services. Watson Wyatt has more than 6,200 associates in 87 offices around the world.

www.watsonwyatt.com

Posted 2 September 2002