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Global News Briefs

A focus on headquarters and multi-country research and thought leadership in benefits and total rewards. Covering the latest thinking on issues vital to the success of your organization and your people, such as retirement, benefits management, diversity, wellbeing and financial resilience, and more. With a curated selection of related legislative changes in individual countries and legislatures.

Legislative updates this month

Mexico: Constitutional amendment reducing the statutory workweek enacted

Mexico’s phased transition to a 40-hour workweek by 2030 could bring new compliance requirements for employers, especially in retail, manufacturing, tourism, logistics and business processing.

France: Transposing the EU Pay Transparency Directive at last

Nearing the June deadline to transpose the EU Pay Transparency Directive, France moves on draft legislation, but it likely won’t be signed into law until the end of 2026.

South Korea: Severance Pay Scheme to be replaced by ERBSA mandatory funded retirement plans

South Korea is abolishing traditional severance pay in favor of a mandate for all companies to provide a funded ERBSA plan, a change that would be phased in over time.

Denmark: Part-time employees and entitlement to overtime pay

Employers in Denmark should review their pay policies to reflect two recent court decisions finding that certain calculations of overtime pay for part-time workers are discriminatory.

Netherlands: Easing restrictions on variable pay in the financial sector

Pending Senate approval, new legislation in the Netherlands would lift certain restrictions on variable pay for most employees in the financial sector to boost competitiveness for top talent.

Poland: Implementation of the EU Pay Transparency Directive moves closer

Poland’s draft bill would bring significant new requirements for employers to disclose gender pay information to workers on request and submit annual pay gap reports, among other changes.

United Kingdom: Social security agreement with India

India and U.K. sign social security agreement allowing workers on temporary assignment between the two countries to contribute only to their home country’s system to avoid double contributions.

Featured articles this month

  1. Unlock the value of your total rewards: Turn cost pressures into your competitive advantage

    Discover how Cummins Enterprise Mobility, JetBlue and Northwestern Mutual are transforming total rewards cost pressures into opportunities, maximizing ROI, elevating employee impact and strengthening their competitive edge.

  2. Pay Transparency Legislation

    As the 2026 global pay transparency deadline approaches, keep up to date with the latest insights, regulatory developments and what they mean for employers. See how legislation is reshaping pay practices across global organisations.

  3. Internationally Mobile Employee Benefits Design Survey

    Our latest survey explores how organizations are rethinking international health, risk and wellbeing benefits to manage rising costs and ensure duty of care.

  4. Expatriate Benefits Solutions

    Solutions to assist multinational organizations in the development and management of employee benefit programs for internationally mobile employees working outside their home countries.

  5. From A to Z: Investment themes shaping markets today

    A quick, A–Z look at 26 key investment themes shaping markets and portfolios in 2026 by WTW Investments.

  6. Stay the course: Five inconvenient climate truths boards must address

    Boards must not pause climate action — strong climate governance drives long‑term strategy and advantage.

  7. Letting AI do the ordinary so humans can do the extraordinary

    See how early adopters are using AI to elevate human judgment and creativity.

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Global News Briefs

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Legislative updates from last month

Mexico: What do the 2025–2026 tax changes mean for employee benefit captives?

Mexico’s 2025–2026 VAT reform increases major medical insurance costs and impacts employee benefit captives. Learn how the changes affect claims, renewals, and financial planning.

South Korea: Supreme Court ruling on performance-based pay and severance calculations

South Korea’s Supreme Court rules that performance-based pay should not count as part of average wages for calculating severance and other employee benefits.

Italy: Draft legislation to transpose the EU Pay Transparency Directive

Italy's draft pay transparency legislation, approved at the preliminary stage, is now under review by parliamentary committees before returning to the Government for final approval by June 2026.

United States: New tax-efficient savings account for children and employees (under age 18)

Starting July 4, 2026, U.S. employers can contribute to an employee’s child’s Trump Account, a new type of individual retirement account, as a tax-advantaged employee benefit.

Argentina: Employer-friendly labor reforms under consideration

Argentina’s proposed labor reforms would lower employer labor costs by reducing employer social security contributions and changing how severance pay is calculated, among other controversial measures.

El Salvador: New mandatory annual bonus for lower-paid employees

Employers in El Salvador will need to adjust their 2027 salary budgets to include a mandatory annual bonus of half a month’s pay for all employees who meet certain service and salary thresholds.

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