Benefits Analysis Review (BAR)


Benefits Analysis Review (BAR) SKU_8508

Today, it’s not just salary that your best employees are looking at; organizations have recognized that the provision of relevant benefits can be just as, if not, more compelling for hiring and retention.

The challenge here is identifying where your organization's strengths and gaps lie against the market, allowing you to make sound recommendations on benefits provisions to management.

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Sample Report
  • Overview
  • What you will receive?
  • PRICING Information
  • Contact Us

Overview

What is BAR?

To help you easily map your competitiveness, Mercer has developed the Benefits Analysis Review that comprehensively illustrates your benefits gaps against the market.

  • Overview of how you compare to the market:
    • Our retention of management is great, but poor for professionals. Are we less competitive here?
    • Do my competitors provide flexible working arrangements?
  • Understanding exactly how much the gap is
    • How much less annual leave are we providing compared to the industry?
  • Prevalence:
    • How many companies provide hospitalization benefits for dependents too?

Why BAR is useful for all Talent Management/HR Teams

Comprehensive coverage of benefits components:

  • Health Benefits
  • Risk Insurance
  • Core leave policies
  • Flexible benefits
  • Vehicle benefits
  • Flexible working arrangements

Fast and convenient

  • Depending on the complexity of your request for analysis (peer cuts etc), the report can be generated for you within 1 week
  • Allows you to respond quickly to competitive hiring and benefits reviews

Peer cuts available, providing more relevant data

  • BAR allows you to select comparisons in relation to your selected industry group – providing finer data for use

What you will receive?

  • Comprehensive report with exact gaps against market / peer group calculated.
  • At a glance, be able to pick out key benefits items that may need your review.
Benefits Analysis Review (BAR) sample image

 

PRICING Information

Price is per country.

FULL REVIEW - ALL INDUSTRIES (from USD 3,500)

Comprehensive understanding of your benefits gaps against the market for:

  • All leave provisions
  • Flexible working arrangements
  • Benefits including medical, defined contributions and more
  • Vehicle allowance provisions

FULL REVIEW - INDUSTRY PEER GROUP SELECTION (from USD 4,000)

Enjoy the full review with peer cuts from your industry so that the data is made even more relevant for you.

Note: MBM subscription is not a pre-requisite, but data submission is required for analysis.

Contact Us

Tan Hua Teck
Tel: +65 6398 2725
Email: huateck.tan@mercer.com

Joel Tan
Tel: +65 6398 2891
Email: joel.tan@mercer.com

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  • Short DescriptionMercer's Benefits Analysis Review helps professionals refine their HR strategy with market data on popular or ongoing employee benefits & incentive trends.
  • RegionUS