Global management, local decision-making

Naturally, as a company that generates more than € 11 billion a year in revenues, TNT wants efficient, transparent management of its employee benefit programmes. At the same time, the company values local decision-making. For this reason, TNT created a global benefit management framework, global benefit guidelines, as well as a Pension Board – a special committee that oversees management of the company’s employee benefits plans around the world. TNT also uses a web-based system to pool data from its various plans, giving it a clear view of its overall pension and employee benefits liabilities.  

Global benefit management framework

TNT’s global benefit management framework has three objectives:

1. Knowing & understanding TNT’s pension & benefit plans 
2. Supervising & governing by the Pension Board
3. Guiding & steering via global benefit guidelines.

For meeting the first objective, TNT started in 2008 with a global pension & benefits inventory in more than 50 countries (pensions, disability, life insurance, health and medical). This inventory provides a good overview of the benefit plans worldwide. At the same time, the review showed that TNT’s benefit plans complied with local regulations.

Read more on TNT's global benefit management framework

Please read more on TNT's global benefit management framework in the full article (3 pages).