The one with Tarciso from Henkel: Why nobody knows what their benefits actually cost

In this episode of Friends with Benefits, Tarciso Nogueira, responsible for global benefits at Henkel, makes the case that most companies don't actually know what they're spending on benefits, or why.Tarciso joins Carl and David to unpack the split between what should be decided locally and what should be set globally. Coverage, providers and plan design stay local, driven by social security gaps and market norms. But strategy, direction and data need a global view, and that's exactly where most companies fall short.They also get into:Why most companies still can't say what percentage of personnel cost goes to benefitsThe M&A scenario that exposes just how little global visibility most companies haveHow to compare something like a company car against a mobility allowance on a like-for-like basisThe explained vs unexplained pay gap, and the 5% threshold that triggers action under EU PTDWhy total rewards statements are useful but rarely an apples-to-apples comparison between employersTarciso's hot take: treat EU pay transparency as a total rewards opportunity, not just a compliance topicFriends with Benefits is the podcast for senior Reward and Benefits leaders. Hosted by Carl, VP of Benefit Strategy and Partnerships at Ben, and David, Co-Founder and COO at Ben.