Our Readiness Check Workshops will provide you with quantitative evidence to understand the financial impact and broader rewards consequences of the new Dutch pension legislation for your company. At the end of this workshop, you will have a clear direction on the best way forward and determined key milestones for implementing changes to your pension scheme.
Pension plan
We will provide you with more background information about the legislation and assess which elements of your pension plan need to be adjusted to be in line with the mandatory changes. We will deliver input regarding market practice and trends in the Netherlands.
Scenario analysis and simulations
We will calculate the cost impact of different scenario’s. Key scenario’s are:
- grandfathering an existing climbing contribution ladder
- a flat rate contribution for all employees. We provide financial insights from the companies perspective as well as insights on the impact for the employees. Per employee we determine the expected impact on their old age pension and dependents pension.
Compensation
To reach consent you need to think about the compensation strategy that suits your employees. Various alternatives for compensation are allowed. You will receive the estimated cash impact per employee of both direct and deferred compensation.
Broader Rewards Workshop
Now is the time to discuss the financial findings in a workshop with multiple stakeholders. With our broader rewards view we put the financial findings in perspective of key HR elements as employee mobility, workforce planning and the EU Pay Transparency Directive.
What do you get from the readiness check?
All key stakeholders have a clear view and understanding on the financial impact and broader rewards consequences for the employer and employees.
With our readiness check you are able to make an aligned, evidence based decision on the best way forward and the right timing to start.
If you would like to speak to our experts any of the key steps above, or for more information, please complete the form on the right or below, and a member of the team will contact you. Alternatively you can immediately book an appointment with Marco Linders.
