Global rewards strategies for health & welfare

Optimize your global benefits program with KPMG Health & Welfare



Managing a benefits program has never been more complicated. The COVID-19 pandemic placed a magnified and accelerated focus on benefits, and employers had to adapt quickly to meet the needs of their members. These needs are continuously evolving with breakthroughs in digital health, a required focus on mental health, and maintaining employee engagement with a remote population. Employees are requiring more robust benefits to support diverse populations at a time when member health has deteriorated, large claims continue to rise, and business pressures are minimizing spend across the organization. 

Companies with employer-sponsored health plans need to strategically manage their offerings. If they don’t, they risk a significant amount of employee dissatisfaction and unnecessary spending. Now is a pivotal time for your company’s health and welfare programs due to:

  • Anticipated high medical costs from foregone non-emergent care and pandemic challenges
  • Upward pressures in healthcare benefits spend from the Great Resignation and DEI goals
  • In U.S. healthcare, the employer has sole responsibility to control costs and optimize value

Differentiate your benefits in a difficult talent environment

Benefits are a central element of a total rewards offering and should be valued by your employees.  For a market competitive total rewards program that fits within the cultural and financial needs of an organization, companies should take into consideration the below-listed elements:


How KPMG can help

We are a strategic and innovative team experienced in helping large and small organizations across different industries. Our team consists of healthcare actuaries and senior benefits consultants and is fully integrated with our broader Global Mobility practice service lines, allowing a consistent approach to mobility and rewards. Our Global Reward Services team can assist with the following: 

  • Conducting holistic current state reviews for all global public and private employers
  • Recommending how to enhance benefits programs and save costs
  • Guiding small employers out of a professional employer organization (PEO)
  • Completing benefits harmonization and risk analysis
  • Identifying opportunities for organizations going through transactions
  • Enhancing employer benefits programs (richness, DEI benefits)
  • Completing plan cost projections for employer sponsored plans
  • Evaluating global benefits offerings and funding opportunities


Download the slip sheets below to learn more.

Your business has evolved, has your employee value proposition?
Learn more on how KPMG can help you to optimize your employee experience.
Health and welfare revitalized
Learn how your company can lower costs by strategically managing healthcare plan offerings as part of global rewards.
Professional Employer Organization: Has Your Business Outgrown?
As organizations grow, they must reevaluate whether a PEO is the most suitable arrangement for their business’ needs. Download our pdf to learn more.

Contact us

Ryan McDonald

Ryan McDonald

Principal, Tax, Global Reward Services, Health & Welfare, KPMG U.S.

+1 585-263-4098
Ethan Koreff

Ethan Koreff

Senior Manager, Tax, Global Reward Services, Health & Welfare, KPMG U.S.

+1 212 909 5542
Jonathan Turner

Jonathan Turner

Senior Manager, Tax, Global Reward Services, KPMG US

+1 703-286-8000