Salary.com HRVoice

- What kind of succession plans do you have in place?
- How do you keep – or can you keep – your good performers on a two percent merit budget?
- Are you changing the employee contribution rates for employee benefits?
- Are you considering a move to FLEX plans?
- Which country has the best chocolate? (Switzerland was the consensus answer at the table.)
- How do you attempt to standardize compensation and benefits practices on a global basis with all the cultural and statutory differences in each country?
- Do you utilize ex-pats? What are the rewards and consequences?

For all of these questions, there were arguments about whether solutions for these challenges were more easily found for small companies or for large companies. Ultimately, they shared their ideas and best practices with each other, and both learned new strategies and ideas to implement at their own organizations.

For me, it was yet another reminder that answers to problems are often best found in our social networks and among our professional connections. It’s worth the effort to tap these networks and connections to explore creative solutions for problems.  And it’s clear; size doesn’t always matter when it comes to solving global compensation challenges.