 Mercer BenefitsMonitorTM
 |
Recognising
that keeping track of market response to market and legislative changes
can be demanding, Mercer offers you Mercer BenefitsMonitorTM
(MBM) to help you keep abreast with market intentions, trends and how
organizations are dealing or will deal with market changes and
statutory amendments. MBM is your one-stop source to get market
prevalence, legislative updates and key findings of adhoc snapshot
surveys. |
About Mercer BenefitsMonitor (MBM)
Mercer
BenefitsMonitorTM is an interactive and user-centered online tool that
offers a wide range of flexible and intuitive features for benefits
reporting and analysis.
- One stop
source for market and statutory benefits information from 17 APAC
countries
- Fast
& convenient access to data according to the level of detail
required
- Run
analysis versus standard and custom defined 'peer-groups' –
easily benchmark against competitors of choice
- Indefinite
number of reports can be generated
- Export
your analysis into convenient formats
Other features of MBM
- Global
Benefits Legislative Updates (GBLU) – provides you with
monthly updates to legislative and other environmental changes to key
employee benefits in over 40 countries
- Benefits
Plans Around the World (BPAW) – provides a 2 page snapshot of
health and retirement benefits in 49 countries
- Benefits
Insight newsletter – consists of thought leadership and
insights into benefits
- Snapshot
survey/ Quick poll results – receive key findings or take
part in adhoc snapshot surveys and quick poll results in MBM to receive
the full report for free
- Benefits
webinars – listen to free recordings of benefits webinars
that have been conducted to keep abreast with trends
Mercer BenefitsMonitorTM
Sample Images
*Note:
Images displayed are for illustration only and may not accurately
reflect the actual tool.
Types of reports available
There are
two types of reports available in the Mercer BenefitsMonitorTM
application depending on your need.
- General,
high level report
- Spotlight
of Key Benefits
- Specific,
detailed report
- Benefits
Practice Report Summary (BPR-S)
- Benefits
Prevalence Report (BPR)
- Detailed
Benefits Report (DBR)
1. Spotlight
on Benefits provides an overview
of key benefits practice trends in the general market. This report is
updated yearly, based on information taken from our benefits survey
database. It represents all industries and presents results that can be
used for making informed decisions on your benefits program.
2. Benefits Practice Report
Summary (BPR-S) provides you
with a quick overview of prevalence information and the median values
on the survey responses to questions from our benefits questionnaire
across all employee levels. It is a useful report to help you quickly
identify variations in the benefits policies provided to the different
employee levels within your selected peer group.
3. Benefits Prevalence Report
(BPR) provides statistical
information on the survey responses to questions from our benefits
questionnaire. The report allows you to compare your employer's
benefits policies and practices against the aggregated statistical
results of selected peer groups, based on your subscription. It is an
excellent way to benchmark your benefits program to ensure that your
benefits strategy remains market competitive. Free-form text type
questions are excluded from the report.
4. Detailed Benefits Report
(DBR) provides you with the
insight to the exact details per benefits plan of a custom peer group
of your choice and the exact number of companies providing a certain
benefit. It allows you to compare your benefits plan against each
individual peer group presented on a side-by-side format and calculates
average, maximum and minimum values for you.Note that peer employer
names are not disclosed when presenting results.
Advantages of Mercer BenefitsMonitorTM
Whenever,
Wherever, Whatever
- Uniform
reporting tool across all APAC countries
- You can
access online data whenever you want, wherever you are
- You can
now request customized peer groups online, and the tool will
process them!
- You can
quickly create reports on specific benefits sections
(e.g. annual leave or retirement or dental care or all) for the levels
you
need at that time, with out needing to sieve through the entire report!
Better
Interface and Service
- As a data
service, you won't just be receiving reports in your accounts
or via emails, you can access the types of the reports you need with
greater convenience
- Mercer
BenefitsMonitorTM
can be further developed into a portal of information
to allow users to access information about other topics or sources
Product
Improvement and Development
- Mercer
BenefitsMonitorTM
offers the potential for quicker updates,
development and integration with other systems in the future.
Types of Subscription
There are
three types of subscription package to meet your needs. Subscribers to
any one of the three packages are entitled to one password for a year's
membership upon given access.
| Standard |
Standard
Plus |
Premium |
| -
Spotlight on Benefits |
-
Spotlight on Benefits |
-
Spotlight on Benefits |
| - BPR and
BPR-S for
'All Industries' peer group |
- BPR and
BPR-S for
'All Industries' peer group |
- BPR and
BPR-S for
'All Industries' peer group |
| |
- One
free custom peer cut (either BPR, BPR-S or DBR)* |
-
Unlimited free custom peer cuts (either BPR, BPR-S and DBR)* |
*
All custom peer cuts are subjected to Mercer's approval in order to
ensure data confidentiality
Pricing
Price
is per country. Pricing reflected below is for those who have submitted
benefits data. Non-Benefits participants pay thrice the applicable
price and are eligible to purchase the Standards package only.
| MBM
(full benefits reports) |
Standard |
Standard
Plus |
Premium |
| TRS |
Non-TRS |
TRS |
Non-TRS |
TRS |
Non-TRS |
| China, Bangladesh, Sri Lanka |
1250 |
1500 |
1750 |
2000 |
2250 |
3000 |
| Australia, Hong Kong, India,
Japan, Singapore, Taiwan |
1100 |
1300 |
1600 |
1800 |
2250 |
3000 |
| Indonesia, Malaysia,
Pakistan, Philippines, South Korea Thailand, Vietnam |
1030 |
1250 |
1530 |
1750 |
2250 |
3000 |
1. Note: 'Benefits data for New Zealand is currently not available in MBM. Interested parties can purchase the New Zealand Benefits Review. Please check with your consultant for more details.'
2. Note: Pricing listed for China is based on the cost to purchase each 1st tier city. The combined 2nd tier city report can be purchased at the listed price.
Contacts
For
further information please contact, Shane Yan at shane.yan@mercer.com
or +65 6398 2644 or contact your local consultant below.
![[imgLogo]](../../Images/Mercer_HRC_w.gif)
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