Australian Benefits Review

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The 2021 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 311 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 2018 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: 353

Data Analyzed

NEW IN 2018 Prevalence of military leave Graduate pay/benefit policies Utilisation of Uber as part of business travel Prevalence of contractors and loading/premiums associated (relative to equivalent employed roles)	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 and Wellness	Retirement benefits Superannuation	Insured employee benefits Death, disability and accident Private health
End of service Turnover Redundancy and retrenchment	Allowances and perquisites Overtime and shifts IT on-call and call-out Travel Mobile phones LAFHA Other allowances	Variable reward Short-term incentives Sales commissions Share purchase plans Long-term incentives 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 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: $3,025

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

Report:

Report (PDF) + standard MercerBenefits Monitor access/AUD

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SURVEY SCHEDULE

Participation Deadline: April/October

Questionnaire Distributed: August

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