Friday, 8 October 2010

Employee Benefits of Multinational Companies


Multinational companies have struggled a lot to show off their efficiency. They spent significant amount and many investments for this purpose. It is not easy to gain fruit of the labored without any investment. They know without giving they cannot gain anything. These companies also have a special planner who work hard and plan well behind the screen. To understand this entire management strategy, we have an example.
All Organization, industries, Companies are required hundred % efficiency from their employees. For this purpose have to settle some offers for good favor of employees so that organization may get extra ordinary efficiency and quality work. These company benefits are designed on global sector. Those are not just on local or national level. These facilities are provided to all over the word’s branches. You can make better your career or future by being an employee of a multinational organization. Look up for the multinational benefits for your career. If you are going to join a multinational company then you must know all the benefits given by the organization.
Direct Compensation
  1. Cost Saving: A multinational company offers a cost saving facility for the better future. After the conformation, company deducts some amount from the employee’ basic salary and saves them in employee’ account in form of double payment. This procedure continues till the end of the job. In case of leaving the company or retirement from the company, you get this amount saved in company account.
  2. Medical Reimbursements: In case of accident, illness and other kinds of sudden cases, multinational company offers their facility. For instance, for female employees there is an offer for maternity leaves of three months with their basic salary.
  3. Insurance: All multinational companies provide their employees security in different forms like health insurance, life insurance and product insurance. In case of a sudden mishap or accident, you are not responsible for the product like bike, car etc. additionally, company pays amount for accidental death.
  4. Bonus/Extra Allowances: In all multinational companies employee are given annual one or two bonuses. Moreover they also give extra bonus on efficiency bases. There is a facility of special allowances, like over time, leave travel allowance, customer making etc.
  5. House Rent: Company pays some extra money with basic salary for house rent regardless of being a permanent resident or living on a rental department. This offer is equal for all designation employees.
  6. Vehicle Expense: Company also facilitates some employees with car, bike and other vehicles. They pay fuel expenses to improve the efficiency of their employees.
  7. Cell Phone Expense: This offer is limited for the marketing staff. There are different packages for different designations.
Keep all these things in mind before you get started searching a job in some multinational organization to enjoy the best benefits offered by company.

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