Comparative HR Outlook for the BRIC Nations

How will the global economic crisis affect Brazil, Russia, India and China?

2009 Edition

How will these rapidly developing economies help the world stem the crisis? How has the global economic slowdown affected foreign direct investment in these countries? What do the labour market indices for these economies imply for the future? What benefits and allowances do employers in these economies typically provide – and how do they compare? How has inflation affected real salaries in the BRIC countries for the last five years?

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Together accounting for 41% of the world's population, 25% of the world's land mass and 12% of the world's GDP, the "BRIC" nations are significant because of their considerable size and their accelerating economic progress over the last few years. Understanding the key predictors of growth and challenges for these four nations amidst the global economic crisis is essential for companies with workers there.

Mercer's 2009 report, Comparative HR Outlook for the BRIC Nations, offers a detailed outlook on these four economies, including growth projections and compensation trends. The report also summarises mandatory and typical employee benefits, and addresses expatriate management issues.

This report provides in-depth analyses on the impact of the global economic recession on the growth of these economies, focusing on the crucial factors that will affect the labour market and job creation. This information will help multinational companies seeking information to understand the market movements in these economies over the next 6–12 months.

This report contains essential, difficult-to-find information on the business landscape of the BRIC nations that can help you make informed tactical decisions aligned with your global workforce strategy.