The economic landscape of the Gulf countries and the wider Middle East region has evolved significantly over the last 10 years and continues to change in this new economy. Rising healthcare inflation, longer tenure expatriates and a demand for more sophisticated benefit structures have created new challenges for Western multinational and regional organizations alike.
Regional governments are increasingly looking to share the costs of healthcare with the private sector and legislation is in flux in many parts of the region with regards to both healthcare and pension plans – adding a further layer of compliance complexity.
Aon Hewitt believes that the right combination of fixed pay, incentives, benefits and a positive working environment will deliver the right deal for stakeholders and employees alike. All elements of reward are key both from an employer sustainability and employee perspective.
Organizations are now faced with an increasing pressure to reduce costs, ensure compliance and manage liabilities whilst also ensuring benefit levels remain comparable to their peers. Aon Hewitt helps clients to design and implement benefits programs with both global and local expertise.