H E A L T H W E A L T H C A R E E R

T O TA L E M P L O Y M E N T C O S T S A R O U N D T H E W O R L D

2017

ORDER ONLINE

T O TA L E M P L O Y M E N T C O S T S A R O U N D T H E W O R L D AT A G L A N C E

7576

C O U N T R I E SC O V E R E D

6 R E G I O N S

MARKETS

Cumulative median annual compensation amounts in USD including base salary guaranteed cash total cash and total cash + long-term incentives

Prevalence of typical employer-sponsored benefits and their value as a percentage of base salary including retirement and other savings health death and disability car other benefits

Median annual total remuneration in USD mandatory employer contributions as a percentage of base salary and total employment cost in USD and as a percentage of base salary

1 1 P O S I T I O N C L A S S E S

Asia PacificAmericas Middle

EastWestern Europe Africa

Central amp Eastern Europe

O N L I N E T O O L

12 month subscription includes access for up to 5 users

Ability to download Excel data files

G E O G R A P H Y

D ATA I N C L U D E D

bull PC 72 bull PC 69 bull PC 66 bull PC 63 bull PC 60 bull PC 57

bull PC 54 bull PC 51 bull PC 48 bull PC 45 bull PC 42

copy 2017 MERCER LLC 2 TOTAL EMPLOYMENT COSTS AROUND THE WORLD

4 C A R E E R S T R E A M S

Executive Management Professional Para-professional

ORDER ONLINE

T O TA L E M P L O Y M E N T C O S T S A R O U N D T H E W O R L D AT A G L A N C E

7576

C O U N T R I E SC O V E R E D

6 R E G I O N S

MARKETS

Cumulative median annual compensation amounts in USD including base salary guaranteed cash total cash and total cash + long-term incentives

Prevalence of typical employer-sponsored benefits and their value as a percentage of base salary including retirement and other savings health death and disability car other benefits

Median annual total remuneration in USD mandatory employer contributions as a percentage of base salary and total employment cost in USD and as a percentage of base salary

1 1 P O S I T I O N C L A S S E S

Asia PacificAmericas Middle

EastWestern Europe Africa

Central amp Eastern Europe

O N L I N E T O O L

12 month subscription includes access for up to 5 users

Ability to download Excel data files

G E O G R A P H Y

D ATA I N C L U D E D

bull PC 72 bull PC 69 bull PC 66 bull PC 63 bull PC 60 bull PC 57

bull PC 54 bull PC 51 bull PC 48 bull PC 45 bull PC 42

copy 2017 MERCER LLC 2 TOTAL EMPLOYMENT COSTS AROUND THE WORLD

4 C A R E E R S T R E A M S

Executive Management Professional Para-professional

copy 2017 MERCER LLC 3 TOTAL EMPLOYMENT COSTS AROUND THE WORLD

COUNTRIES COVEREDTEC covers a number of benefits offered in 76 global markets to assist HR personnel design a competitive package to attract and retain key employees You may use TEC data to

Compare the real cost advantage among different countries for business expansion decisions

Assess and compare benefit costs in terms of annual base salary across countries

Understand mandatory employer contributions in different countries

Assess the hidden costs of employing a worker in any location

METHODOLOGY TEC covers executive management professional and para-professional career levels based on Mercerrsquos globally consistent methodology of defining pay and positions as well as our vast country-by-country database of compensation and taxation data

TOTAL EMPLOYMENT COSTS AROUND THE WORLDTotal Employment Costs Around the World (TEC) allows HR managers and top executives to pinpoint the cost of human capital to their organisation It assists companies account not only for salary or cash compensation but also the total cost of benefits incentives employer contributions and taxes This tool is critical to businesses that need to identify these hidden costs of business in various locations around the world and can help inform some of HRrsquos most strategic planning decisions

Albania Egypt l

Algeria l El Salvador

Angola Estonia l

Argentina l Ethiopia

Armenia Finland l

Australia l France l

Austria l Gabon

Azerbaijan Georgia

Bahrain Germany l

Bangladesh Ghana

Belarus Greece l

Belgium l Guatemala l

Bolivia l Guinea

Bosnia And Herzegovina Honduras l

Botswana Hong Kong l

Brazil l Hungary l

Bulgaria l India l

Cambodia Indonesia l

Cameroon Iraq

Canada l Ireland l

Chile l Israel

China l Italy l

Colombia l Japan l

Costa Rica l Jordan

Croatia l Kazakhstan-Almaty l

Cyprus Kenya

Czech Republic l Kuwait

Democratic Republic Latvia l

Denmark l Lebanon

Dominican Republic l Libya

Ecuador l Lithuania l

IMPORTANT CHANGES FOR 2017

TEC is now available as a global online deliverable only

View TEC-Online Tool Demo

copy 2017 MERCER LLC 4 TOTAL EMPLOYMENT COSTS AROUND THE WORLD

COUNTRIES COVERED

Luxembourg Saudi Arabia l

Macedonia Senegal

Malawi Serbia l

Malaysia l Singapore l

Malta Slovakia l

Mexico l Slovenia l

Moldova l South Africa

Montenegro South Korea l

Morocco l Spain l

Mozambique Sri Lanka l

Myanmar Sweden l

Namibia Switzerland l

Netherlands l Syria

New Zealand l Taiwan l

Nicaragua Tanzania

Nigeria Thailand l

Norway l Trinidad and Tobago l

Oman Tunisia l

Pakistan l Turkey l

Panama l Uganda

Paraguay Ukraine-Kiev l

Peru l United Arab Emirates l

Philippines l United Kingdom l

Poland l United States l

Portugal l Uruguay l

Puerto Rico l Uzbekistan

Qatar l Venezuela l

Romania l Vietnam l

Russia-Moscow l Yemen

Rwanda Zambia

TOTAL EMPLOYMENT COSTS AROUND THE WORLD

Annual Guaranteed Cash (AGC) + Short-Term Incentives = Annual Total Cash (ATC)

ATC + Long-Term Incentives (LTI) Benefits = Annual Total Remuneration (ATR)

ATR + Mandatory Employer Contribution (MEC) = Total Employment Costs (TEC)

Annual Base Salary (ABS)

Comp 1 or ABS

ABS + Guaranteed Allowances

Comp 2 or Annual Guaranteed Cash (AGC)

AGC + ShortndashTerm Incentives

Comp 3 or Annual Total Cash (ATC)

ATC + Long ndashTerm Incentives (LTI)

Comp 4 or ATC + LTI

ATC + LTI + BenefitsComp 5 or Annual Total

Remuneration (ATR)

ATR + Mandatory Employer Contributions

Total Employment Costs (TEC)

It also covers employer-sponsored benefits (such as the prevalence and percentage of ABS) mandatory employer contributions and total employment costs

TEC provides information to assist HR managers in calculating the major compensation components

OTHER MARKETS INCLUDEDBeijing l Shanghai l

Next release date March 2017

ORDER ONLINE

View TEC-Online Tool Demo

PRODUCTS amp PRICINGThe publication has been repackaged for 2017 as an online data-heavy tool Mercer now offers the information on a powerful platform for analysis that has been streamlined for decision-makers TEC is released in March

EDITIONUSD

2016 2017

GLOBAL 1500 1500

EDITIONEUR

2016 2017

GLOBAL 1150 1350

EDITIONCAD

2016 2017

GLOBAL 2000 2000

EDITIONAUD

2016 2017

GLOBAL 1900 1900

TOTAL EMPLOYMENT COSTS AROUND THE WORLD

Notes Prices are set in USD other prices are subject to currency fluctuations

The 2016 edition of TEC is in PDF format 2017 will be available as an online tool only

copy 2017 MERCER LLC 5 TOTAL EMPLOYMENT COSTS AROUND THE WORLD

ABOUT MERCER

At Mercer we make a difference in the lives of more than 110 million people every day by advancing their health wealth and careers Wersquore in the business of creating more secure and rewarding futures for our clients and their employees mdash whether wersquore 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 peoplersquos 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 wersquove 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 amp McLennan Companies a publicly held company (ticker symbol MMC) listed on the New York Chicago and London stock exchanges

For information about your order or other Mercer products contact your nearest Mercer office

ASIA MIDDLE EAST AND AFRICASingaporeTel +65 6398 2324hrsolutionsapmercercom

AUSTRALIASydneyTel +61 2 8864 6800customerservicemercercom

CANADATorontoTel +1 800 333 3070surveysmercercom

EUROPEPolandTel +48 22 436 68 68indirectsalesemeamercercom

LATIN AMERICAArgentina +54 11 4000 0954Brazil +55 11 3048 1801clientserviceslamercercom

UNITED STATESLouisvilleTel +1 800 333 3070surveysmercercom

PUBLISHED BY MERCER 1166 Avenue of the Americas New York New York 10036 United States

ABOUT MERCER

At Mercer we make a difference in the lives of more than 110 million people every day by advancing their health wealth and careers Wersquore in the business of creating more secure and rewarding futures for our clients and their employees mdash whether wersquore 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 peoplersquos 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 wersquove 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 amp McLennan Companies a publicly held company (ticker symbol MMC) listed on the New York Chicago and London stock exchanges

For information about your order or other Mercer products contact your nearest Mercer office

ASIA MIDDLE EAST AND AFRICASingaporeTel +65 6398 2324hrsolutionsapmercercom

AUSTRALIASydneyTel +61 2 8864 6800customerservicemercercom

CANADATorontoTel +1 800 333 3070surveysmercercom

EUROPEPolandTel +48 22 436 68 68indirectsalesemeamercercom

LATIN AMERICAArgentina +54 11 4000 0954Brazil +55 11 3048 1801clientserviceslamercercom

UNITED STATESLouisvilleTel +1 800 333 3070surveysmercercom

PUBLISHED BY MERCER 1166 Avenue of the Americas New York New York 10036 United States

For further information please contact your local Mercer office or visit our website atwwwimercercom

Copyright 2017 Mercer LLC All rights reserved