China MNCs play catch-up on managing benefit plans

Asian and Western multinational companies (MNCs) agree on the importance of good governance and risk management of employee benefit programmes, but there are wide differences between the processes and tools they use, according to Mercer. The consulting firm published a survey last week, in which around one-fifth of respondents were based in Asia, with 16% of the total in China and 2% in Hong Kong and a minimal percentage elsewhere in the region. One finding was that, in terms of the…