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Stuart Gentle Publisher at Onrec

Watson Wyatt Launches New Version of BenTrack

Online Tool Helps Multinationals Govern Global Benefit and Compensation Programs

Watson Wyatt, a leading global consulting firm, today launched a new version of BenTrack, an online tool that helps multinationals manage the costs and risks associated with their benefit and compensation programs across global operations.

Watson Wyattís BenTrack enables multinational organizations to centrally manage benefit and compensation plan data from multiple countries, subsidiaries, divisions or employee groups. With local language capabilities and access to benefit prevalence data, this user-friendly tool helps companies better maintain consistency and assess the competitiveness of their benefit programs.

The new version of BenTrack has been completely rebuilt and includes such improvements as:

- Greater flexibility
- More robust, user-defined reporting
- Specialized governance tools to drive process and accountability
- Customizable templates and checklists that can facilitate plan harmonization after a merger or acquisition
- Access to market data for more than 60 countries and up-to-date benefits-related news

ìSince its initial launch in 1996, Watson Wyatt has continued to improve BenTrack. This new version incorporates user feedback to address the changing needs of multinational companies. Its increased functionality will help employers improve their overall plan effectiveness and governance in an increasingly complex global business environment,î said Bob Wesselkamper, director of international consulting at Watson Wyatt.