Methodology

Mercer´s methodology analyzes the total remuneration in 6 levels:

• Base Salary - Monthly base salary times the number of months paid
• Total Guaranteed Cash Compensation - Base salary plus guaranteed allowances
• Total Cash Compensation - Total guaranteed cash compensation plus short-term incentive, sales incentive, profit sharing or other incentive awards
• Total Direct Compensation - Total cash compensation plus long-term incentive awards, calculated by the accounting cost of shares
• Total Remuneration - Total direct compensation plus the annualized value of benefits

Positions and Functions Surveyed

• Executive Board
• Mining Engineering
• Environmental Mining, Occupational Health and Safety
• Mining Maintenance
• Mining Operations
• Mining Plants
• Mining Projects Development
• Project Engineering
• Quality
• Legal
• Manufacture
• Logistics and Supplies
• Finance
• Human Resources
• Administration
• IT

Contacts

Álvaro Andrade
alvaro.andrade@mercer.com
Tel: +56 22 428 6683

Survey Schedule

Publication date: September 2018