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Global Human Resource Suite of Services

Global Human Resource Suite of Services

SEMI Members can save up to 50% on International Human Resource cost. Did you know that SEMI recently announced a suite of HR products that can reduce corporate overhead expenses and help your company expand their business globally? These high quality discounted products were negotiated exclusively for SEMI member companies and include many "best practice" HR services.

SEMI also offers a suite of HR services for U.S. only.

Employee Benefits

Employee Benefits Multinational Pooling

HR Products Global Contact List

MEMBER-ONLY BENEFIT

Multinational pooling is a system of bringing together the insurance coverage of selected worldwide benefits into one “POOL” to achieve experience rating and administrative savings. SEMI initiated this global program to assist our members in reducing their employee costs

Features

Any combination of the plans below are eligible for the pool:
Retirement: Deferred Annuity Pension Insurance
Private Group Life Insurance, AD&D
Private Group Medical or Supplemental Medical Insurance (Except in U.S.A.)
Private Group Long term Disability Insurance

Sample of Savings Featured Below:

	Country 1	Country 2	Country 3	Country 4
Premium	100,000	200,000	300,000	600,000
Claims	70,000	130,000	200,000	400,000
Expenses	15,000	30,000	40,000	85,000

Surplus	15,000	40,000	60,000	115,000
Local Dividend	0	0	30,000	30,000
International Dividend	15,000	40,000	30,000	85,000

Assumptions:

Country 1 does not permit dividend due to small size of the group.
Country 2 is a tariff-rated county.
Country 3 holds the margin.

Benefits

Uncover additional insurance money not otherwise available
Enhance the management of international plans
Improve underwriting terms and investments
Save costs through economies of scale
Improve communication and joint efforts throughout the company

Costs

No cost to members
Member benefit: annual dividends in the amount of 0%–30% of premium

Contact Us

For more information, or to purchase this product, please contact your local representative.
HR Products Global Contact List

High Tech Compensation Products

About IPAS High Tech Compensation Survey Started in 1997, IPAS is a single source, global benchmark survey for the High Tech industry. It is the first and only product that allows a company to determine market values and position in the market using the same methodology and competitors on a worldwide basis.
Customized Expatriate Policy The Customized Expatriate Policy is developed on the basic premise that an international assignment is an important and expensive resource that must be managed. Both the employer and the employee must assume responsibility to ensure that assignment goals are met. (Member discount: 40%; a complete policy for $3,500)

Local Country Executive Recruiting

Executive Search
Cornerstone International Group is the fourth largest executive search consulting network in the world...including a consortium of the top executive search and evaluation consultants around the globe. This consortium entails approximately 100 member offices and nearly 400 affiliate offices strategically positioned in virtually every primary and secondary business center of the world.
(Member discount: 15%)

International Executive Development

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Cross Cultural Employee Training

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