Australian Benefits Review

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Australian Benefits Review SKU_8567

The 2020 edition of the Australian Benefits Review is the most comprehensive reference guide on HR policies and benefit practices in the market. The report is based on data from 370 Australian organisations from a broad spectrum of industries:

  • Vehicles (benefit, tool of trade, physical cars and allowances).
  • Leave (parental, annual, purchased leave, personal and charity).
  • Wellness benefits (culture, practices, flexibility, working from home, childcare, health and wellness).
  • Retirement benefits (superannuation).
  • Insured employee benefits (Death/TPD, income protection, private health).
  • End of service (turnover and redundancies).
  • Allowances and perquisites (Overtime, shift, IT on call/call out, travel, phones, other).
  • Variable reward (bonuses, commissions, LTI, share purchase plans, Long term incentives, non-financial rewards).
  • Workforce planning.
  • Learning and development.
  • Total reward strategy (reward strategy, rem budgets, review elements, recruitment, referral/sign-on/retention bonuses).
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Overview

In the 2020 report you will also find continuing trends in wellness and health benefits, along with flexible working arrangements.

In addition to the report, data can be accessed through Mercer BenefitsMonitor. Standard access is complimentary, however you can run peer groups and access detail benefits reports through the premium version.

CUSTOMISED BENEFITS BENCHMARKING SERVICES
Mercer has a number of customized benchmarking services available using data in the Australian Benefits Review as a source.

  • Peer group benefit cuts - All sections of ABR can be produced according to a specific industry, company size or group of companies. A minimum of 12 companies need to be selected. Delivery is in table format and in excel.
  • Benefits benchmarking services - Mercer can provide a detailed benchmarking report including an overview of statutory requirements, typical practice, market comparison of your practices and provide recommendations for competitive practices.

Need more information? Contact Customer Service at customerservice@mercer.com or 1800 645 186.

Product Details

Survey Statistics

  • # Organizations: 370

Data Analyzed

Continuing in 2020  
  • Prevalence of trans-gender leave
  • Policy review practices for short-term incentive plans
  • Policy review practices for sales commission plansl
  • Long-term incentive plans malus or claw back policy
  • Financial incentives for interns
Vehicles
  • Novated leases
  • Car allowances (benefit and tool-of-trade)
  • Physical vehicles (benefit and tool-of-trade)
  • Parking
Leave
  • Parental leave
  • Annual leave
  • Personal leave
  • Other leave
Wellness benefits
  • Work culture, practices and flexibility
  • Telecommuting
  • Childcare
  • Health, wellness and financial wellbeing
  • Hot desking arrangements
  • Family and dmestic violence support
Retirement benefits
  • Superannuation
Insured employee benefits
  • Insured benefits
  • Death, disability and accident
  • Private health
  • Salary continuance insujrance/total and temporary disablement insurance
  • Personal accident and sickness insurance
End of service
  • Turnover
  • Redundancy and retrenchment
Allowances and perquisites
  • Overtime and shifts
  • IT on-call and call-out
  • Travel
  • Mobile phones
  • LAFHA
  • Superannuation
  • Home sale and purchase
  • Location/Site allowance
  • Other allowances
Variable reward
  • Short-term incentives
  • Sales commissions
  • Share purchase plans
  • Long-term incentives
  • Waiting and vesting schedules
  • Non-financial rewards
Workforce planning
  • Workforce planning strategy
Learning and development
  • Learning and development budgets
  • Areas of spend
  • Study assistance
Total reward strategy
  • Remuneration policy
  • Remuneration framework
  • Remuneration management and effectiveness
  • Gender pay
  • Recruitment
  • Sign-on and retention bonus
  • Internship availability

Mercer BenefitsMonitor™


Mercer BenefitsMonitor™ is an interactive and user-centered online tool that offers a wide range of flexible and intuitive features for benefits reporting and analysis. With direct access to the database used to produce the Australian Benefits Review this tool allows you to:
  • Conveniently compare companies' data versus the market

  • Select only the benefits you want to analyse for the levels required

  • Export your analysis into Excel.

The Australian Benefits Review includes free 'standard' access to Mercer BenefitsMonitor. For more information about Mercer BenefitsMonitor™ including premium access and pricing options, please visit the

Mercer BenefitsMonitor™ webpage

For more information, please send an e-mail to Customer Service at customerservice@mercer.com or call us on 1800 645 186.

Pricing

Report (PDF) + standard MercerBenefits Monitor access: $3,135 

Individual section cuts available upon request. Hard copy also available at added cost. Please contact Customer service on 1800 645 186.

Price quoted include GST.

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Australian Benefits Review

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SURVEY SCHEDULE

  • Participation closed: April
  • Report published: August
  • IsOrderingSetYes
  • Ordering TypeSingleLevelMultiSelection
  • RegionUS