Total Employment Costs Around the World

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The 2017 Edition is now available!

Total Employment Costs around the World Total Employment Costs Around the World (TEC) helps human resources and business managers assess the real cost of human capital — not only in terms of cash compensation paid to an employee, but also the total cost incurred in benefits provided, mandatory employer contributions, and taxes incurred.

 

 

  USD 1500  |  Purchase Options

Designing a competitive, yet cost-effective, package that fits the locations in which the company operates — or would like to — demands accurate information. Mercer’s 2017 Total Employment Costs Around the World online tool provides data for 75 countries on the TEC building blocks, allowing clients to compare:

  • Compare the real cost advantage among different countries for business expansion decisions.
  • Assess and compare the benefit costs in terms of annual base salary across countries.
  • Understand mandatory employer contributions across countries.
  • Assess the hidden costs of employing a worker in any location.

The overall cost of the workforce is a critical piece of any sound business case for operating in a specific location. To analyse the pros and cons of different countries or regions, HR can access the right information with the 2017 TEC online tool. Having real costs at hand — including hidden ones — can help HR reach the right strategic decisions.


COMPREHENSIVE DATA

Total Employment Costs Around the World offers an in-depth collection of global data and information.


Geographic coverage
  • 75 countries.
  • 76 markets.
Career streams (by PC)
  • Executive.
  • Management.
  • Professional.
  • Para-professional.
Typical employer-
sponsored benefits (by PC)
  • Prevalence and percentage of ABS for:
    • –  Retirement and other savings.

      –  Health.

      –  Company car benefits.

      –  Death and disability benefits.

      –  Other benefits.

Mandatory contributions (by PC)
  • Employer contributions as a percentage of annual base salary (ABS).
Compensation (by PC)
  • ABS, annual guaranteed cash, annual total cash, and annual total cash + long-term incentives.
  • Regressed median annual total remuneration (ATR).
PCs covered
  • 11 distinct position classes: PC42,PC45,PC48,PC51,PC54,PC57,PC60,PC63,PC66,PC69, and PC72.
Employment costs
  • Typical overall costs.
  • Total costs as a percentage of ABS and in USD.

Countries covered

Americas
  • Argentina
  • Bolivia
  • Brazil
  • Canada
  • Chile
  • Colombia
  • Costa Rica
  • Dominican Republic
  • Ecuador
  • Guatemala
  • Honduras
  • Mexico
  • Panama
  • Peru
  • Puerto Rico
  • Trinidad and Tobago
  • United States
  • Uruguay
  • Venezuela
Asia Pacific
  • Australia
  • China-Beijing
  • China-Shanghai
  • Hong Kong
  • India
  • Indonesia
  • Japan
  • Malaysia
  • New Zealand
  • Pakistan
  • Philippines
  • Singapore
  • South Korea
  • Sri Lanka
  • Taiwan
  • Thailand
  • Vietnam
Central & Eastern Europe
  • Bulgaria
  • Croatia
  • Czech Republic
  • Estonia
  • Greece
  • Hungary
  • Kazakhstan-Almaty
  • Latvia
  • Lithuania
  • Moldova
  • Poland
  • Romania
  • Russia–Moscow
  • Serbia
  • Slovakia
  • Slovenia
  • Turkey
  • Ukraine–Kiev
Western Europe
  • Austria
  • Belgium
  • Denmark
  • Finland
  • France
  • Germany
  • Greece
  • Ireland
  • Italy
  • Netherlands
  • Norway
  • Portugal
  • Spain
  • Sweden
  • Switzerland
  • United Kingdom
Middle East
  • Qatar
  • Saudi Arabia
  • United Arab Emirates
Africa
  • Algeria
  • Egypt
  • Morocco
  • Tunisia


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