New online tool aims to simplify global benefits management

EMPLOYEE BENEFITS

New online tool aims to simplify global benefits management

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

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