GLOBAL COMPENSATION PLANNING REPORT

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1 2017 GLOBAL COMPENSATION PLANNING REPORT

2 GLOBAL COMPENSATION PLANNING REPORT AT A GLANCE GEOGRAPHY COUNTRIES 125 COVERED REGIONS DATA INCLUDED MARKETS GDP, inflation, and unemployment information Salary review frequency and factors used to determine salary increases Actual, budgeted, or forecasted salary increase figures Percentage of companies reporting zero salary increase (salary freezes) Mandatory pay increase schemes Short-term incentive target and maximum bonuses as a percentage of base salary, frequency of incentive payouts Job families and employee levels that are difficult to attract or retain Americas Asia Pacific Central & Eastern Europe Western Europe Middle East These regions are included in the EMEA Region PDF 6 CAREER LEVELS Executive Management Professional Sales Professional Nonsales Para-professional White Collar Para-professional Blue Collar Africa PURCHASE OPTIONS PDF Online UPDATES IN JANUARY, APRIL, JULY, AND OCTOBER SUMMARY REPORT IN JULY (ECONOMIC DATA AND SALARY INCREASE DATA) DETAILED REPORT IN OCTOBER (ECONOMIC, SALARY INCREASE, MANDATORY INCREASE, SHORT-TERM INCENTIVE DATA) NO. OF YEARS OF ECONOMIC DATA INCLUDED NO. OF YEARS OF SALARY INCREASE DATA INCLUDED DOWNLOADABLE EXCEL DATA OPTION TO ADD-ON INDUSTRY DATA 2017 MERCER LLC. 2

3 GLOBAL COMPENSATION PLANNING REPORT Mercer s Global Compensation Planning Report (GCPR) is a valuable resource for those seeking insights into salary trends, economic data, and labor market indices in over 140 markets. Available in PDF and as an online tool, GCPR is designed for companies looking to rethink their compensation strategy, whether they are creating a new salary structure or determining how existing reward packages compare with competitors. The GCPR offers the following information: GDP, inflation, and unemployment information Salary review frequency and factors used to determine salary increases Actual, budgeted, or forecasted salary increase figures Percentage of companies reporting zero salary increase (salary freezes) Mandatory pay increase schemes Short-term incentive target and maximum bonuses as a percentage of base salary, frequency of incentives payouts Job families and employee levels that are difficult to attract or retain METHODOLOGY GCPR provides data for each of the following career levels: executive, management nonsales, professional sales, professional nonsales, and paraprofessional white and blue collar. The data for GCPR are sourced from: Total Remuneration Survey Salary Movement Snapshot Survey Latin Americas Economic Trends Report Asia Pulse Survey US and Canada Compensation Planing COUNTRIES COVERED Albania El Salvador Algeria Estonia Angola Ethiopia Argentina Finland Armenia France Australia Gabon Austria Georgia Azerbaijan Germany Bahrain Ghana Bangladesh Greece Belarus Guatemala Belgium Guinea Bolivia Honduras Bosnia and Hong Kong Herzegovina Botswana Hungary Brazil India Bulgaria Indonesia Cambodia Iran Cameroon Iraq Canada Ireland Chile Israel China Italy Colombia Côte d Ivoire Costa Rica Japan Croatia Jordan Cuba Kazakhstan Cyprus Kenya Czech Republic Kuwait Democratic Republic Latvia of Congo Denmark Lebanon Dominican Republic Libya Ecuador Lithuania Egypt Luxembourg Macedonia Saudi Arabia Malawi Senegal 2017 MERCER LLC. 3

4 Consumer Goods Industry Forum, Asia Pacific International Monetary Fund (IMF) World Economic Outlook Database International Labour Organisation, Key Indicators of the Labour Market (KILM) Organisation for Economic Co-operation and Development Dataset: Economic Outlook European Commission Spring Forecast PRODUCTS & PRICING Mercer s GCPR is released throughout the year in order to provide clients with the most up-to-date information possible. You may select the version of GCPR that best suits their needs and interests. ONLINE The online edition of GCPR offers access to the most current information on worldwide compensation strategies. Mercer updates the content of GCPRonline on a quarterly basis, and subscribers can observe long-term and short-term trends in their specific marketplace by accessing 15 years worth of economic and salary data. COUNTRIES COVERED Malaysia Serbia Malta Singapore Mauritius Slovakia Mexico Slovenia Moldova South Africa Montenegro South Korea Morocco Spain Mozambique Sri Lanka Myanmar Sweden Namibia Switzerland Netherlands Syria New Zealand Taiwan Nicaragua Tanzania Nigeria Thailand Norway Trinidad and Tobago Oman Tunisia Pakistan Turkey Panama Uganda Paraguay Ukraine Peru United Arab Emirates Philippines United Kingdom Poland United States Portugal Uruguay Puerto Rico Uzbekistan Qatar Venezuela Republic of Congo Vietnam Romania Yemen Russia Zambia Rwanda Zimbabwe OTHER MARKETS INCLUDED Subscribers to GCPR-online can access the following: Quarterly updates on country-specific pay increase forecasts and economic data An interactive charting tool that lets you display more than 15 years of pay increase data by job family, along with any economic data you choose The ability to download data into an Excel file PDF versions of our most recent October publications Beijing Shenyang-Changchun Changsha Suzhou Changzhou Tianjin Chengdu Wuhan Chongquing Wuxi Dalian Xiamen-Fuzhou Guangdong Xian Hangzhou-Ningbo Mexico Hefei-Wuhu Mexico Bajio Mexico Monterrey Nanjing Saltillo Qingdao Mexico Reynosa Shanghai Moscow ORDER ONLINE View GCPR Online Tool Demo Next Release Dates: January 2018 (online only), April 2018 (online only), July 2018 (online, plus summary PDF), October 2018 (online, plus complete PDF) 2017 MERCER LLC. 4

5 Subscribers to GCPR-online may also access industry-specific pay-data. These industryspecific reports (available for the Consumer Goods, High-tech, and Life Science, Healthcare, and Pharmaceuticals industries) are available for certain countries (depending on industry), and data are available as a downloadable Excel file. PDF The PDF edition of GCPR is available for download in October so as to coincide with annual salary planning and discussions. The PDF version also comes with three years (past, present, and upcoming) of compensation and economic data, and includes a summary report provided in July. The summary report includes the latest economic and salary increase data. USD EUR ONLINE 2,700 2,800 INDUSTRY ADD-ON GLOBAL PDF 1,500 1,500 REGION PDF COUNTRY PDF ONLINE 2,070 2,300 INDUSTRY ADD-ON GLOBAL PDF 1,150 1,350 REGION PDF COUNTRY PDF CAD AUD ONLINE 3,500 3,600 INDUSTRY ADD-ON GLOBAL PDF 1,900 1,900 REGION PDF COUNTRY PDF ONLINE 3,700 3,750 INDUSTRY ADD-ON GLOBAL PDF 2,000 2,000 REGION PDF 820 1,000 COUNTRY PDF Notes: Online subscriptions include access for five users; access for an additional five users is available for USD500. Industry add-on requires the purchase of the online addition. The July summary report is provided to online and global PDF purchasers. The 2016 global PDF price reflects the cost of the July and October editions. Prices are set in USD; other prices are subject to currency fluctuations MERCER LLC. 5

6 ABOU T MERCER For information about your order or other Mercer products, contact your nearest Mercer office: ASIA, MIDDLE EAST, AND AFRICA AUSTRALIA Singapore Tel: hrsolutions.ap@mercer.com Sydney Tel: customerservice@mercer.com CANADA EUROPE Toronto Tel: surveys@mercer.com Poland Tel: indirect.sales.emea@mercer.com LATIN AMERICA UNITED STATES Argentina: Brazil: client.services.la@mercer.com Louisville Tel: surveys@mercer.com PUBLISHED BY: MERCER, 1166 Avenue of the Americas, New York, New York 10036, United States. At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We re in the business of creating more secure and rewarding futures for our clients and their employees whether we re designing affordable health plans, assuring income for retirement, or aligning workers with workforce needs. Using analysis and insights as catalysts for change, we anticipate and understand the individual impact of business decisions, now and in the future. We see people s current and future needs through a lens of innovation, and our holistic view, specialized expertise, and deep analytical rigor underpin each and every idea and solution we offer. For more than 70 years, we ve turned our insights into actions, enabling people around the globe to live, work, and retire well. At Mercer, we say we Make Tomorrow, Today. Mercer LLC and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC) listed on the New York, Chicago, and London stock exchanges.

H E A L T H W E A L T H C A R E E R 2017 GLOBAL PAY SUMMARY

H E A L T H W E A L T H C A R E E R 2017 GLOBAL PAY SUMMARY H E A LT H W E A LT H CAREER 2017 AT A GLANCE GEOGRAPHY 86 COUNTRIES COVERED 5 REGIONS 103 MARKETS Americas Asia Pacific Central & Eastern Europe Middle East and Africa Western Europe DATA INCLUDED ECONOMIC