2018 HR ATLAS - imercer · (Male/Female) (2016 est.) AGE STRUCTURE (% OF POPULATION, 2017 est.)...

®

2018

HR ATLASSAMPLE

Sample

TABL

E O

F C

ON

TEN

TS

4 MERCER'S GLOBAL PUBLICATIONS

5 INTRODUCTION

8 AMERICAS9 Argentina

24 Bolivia

39 Brazil

54 Canada

69 Chile

84 Colombia

99 Costa Rica

114 Ecuador

129 Mexico

144 Panama

159 Peru

174 Puerto Rico

189 United States

204 Venezuela

249 ASIA PACIFIC250 Australia

265 Bangladesh

280 China

295 Hong Kong

310 India

325 Indonesia

340 Japan

355 Malaysia

370 New Zealand

385 Pakistan

400 Philippines

415 Singapore

430 South Korea

445 Sri Lanka

460 Taiwan

475 Thailand

490 Vietnam

505 EUROPE506 Austria

521 Belgium

536 Bulgaria

551 Croatia

566 Cyprus

581 Czech Republic

596 Denmark

611 Finland

626 France

641 Germany

656 Greece

671 Hungary

686 Ireland

701 Italy

716 Latvia

731 Lithuania

746 Luxembourg

761 Malta

776 Netherlands

791 Norway

806 Poland

821 Portugal

836 Romania

851 Russia

866 Serbia

881 Slovakia

896 Slovenia

911 Spain

926 Sweden

941 Switzerland

956 Turkey

971 Ukraine

986 United Kingdom

1001 MIDDLE EAST & AFRICA 1002 Angola

1017 Cameroon

1032 Democratic Republic Of Congo

1047 Egypt

1062 Ethiopia

1077 Ghana

1092 Israel

1107 Ivory Coast

1122 Kenya

1137 Lebanon

1152 Morocco

1167 Nigeria

1182 Qatar

1197 Saudi Arabia

1212 South Africa

1227 Tanzania

1242 United Arab Emirates

1257 ABOUT THIS REPORT1258 Methodology

1262 Glossary

1266 MERCER SELECT INTELLIGENCESM

1267 ABOUT MERCERSample

HEALTH & BENEFITS

WORKFORCE & CAREERS

HANDBOOKS & GUIDES

Car Benefit Policies Around the World

Global Parental Leave Global Parental Leave Industry Scorecard

LGBT Benefits Around The World

Global Compensation Planning Report

Global Compensation Planning Report

20 Year Look Back

Short-Term Incentives Around the World

HR Guide to Doing Business

HR Atlas Asia Pacific

Worldwide Benefit & Employment Guidelines

Global Pay Summary International Geographic Salary Differentials

Workforce Turnover Around the World

Compensation Handbook

Global Mobility Handbook

HR Management Terms

Vacation and Other Leave Around the World

Vacation and Other Leave Industry Scorecard

Car Benefit Policies — Global Industry Findings

Severance Pay Policies Around the World

GET EVERY THING IN ONE PLACESubscribe to the Talent All Access® Portal for exclusive access to online tools and all of our publications, or schedule a demo with a Mercer representative to discuss a Mercer Select IntelligenceSM membership.

Stay ahead of today’s tight deadlines and competitive race for labor with these resources from the Mercer Insights Product Group. Covering local benefits, global compensation practices, and emerging HR policy trends, this portfolio contains all of the actionable data, insights, and guidance you need to steer your organization to success. Select a title to learn more about each of our industry-leading reports, or visit imercer.com/global for more information.

HR Atlas Latin America

New Graduate Starting Salaries

HR Atlas Global

Severance Pay Policies Industry Scorecard

GLO

BAL

PUBL

ICAT

ION

S

Sample

https://www.imercer.com/products/carbenefitpolicies.aspx

https://www.imercer.com/products/carbenefitpolicies.aspx

https://www.imercer.com/default.aspx?page=pref&url=%2fproducts%2fglobal-parental-leave.aspx

https://www.imercer.com/products/gpl-industry-scorecard.aspx

https://www.imercer.com/products/gpl-industry-scorecard.aspx

https://www.imercer.com/products/lgbt-benefits.aspx

https://www.imercer.com/products/lgbt-benefits.aspx

https://www.imercer.com/products/global-comp-planning.aspx

https://www.imercer.com/products/global-comp-planning.aspx

https://www.imercer.com/products/gcpr-20yearsreport.aspx



https://www.imercer.com/default.aspx?page=pref&url=%2fproducts%2f2015%2fshort-term-incentives.aspx

https://www.imercer.com/default.aspx?page=pref&url=%2fproducts%2f2015%2fshort-term-incentives.aspx

https://www.imercer.com/products/doing-business-in.aspx

https://www.imercer.com/products/doing-business-in.aspx

https://www.imercer.com/default.aspx?page=pref&url=%2fproducts%2fhr-atlas-asia-pacific.aspx

https://www.imercer.com/products/wbeg.aspx

https://www.imercer.com/products/wbeg.aspx

https://www.imercer.com/products/global-pay-summary.aspx

https://www.imercer.com/products/intl-geo-salary.aspx

https://www.imercer.com/products/intl-geo-salary.aspx

https://www.imercer.com/products/turnover.aspx

https://www.imercer.com/products/turnover.aspx

https://www.imercer.com/products/compensation-handbook.aspx

https://www.imercer.com/products/compensation-handbook.aspx

https://www.imercer.com/products/mobilityperspectives.aspx

https://www.imercer.com/products/mobilityperspectives.aspx

https://www.imercer.com/products/2013/managementterms.aspx

https://www.imercer.com/products/vacation-leave.aspx

https://www.imercer.com/products/vacation-leave.aspx

https://www.imercer.com/products/vaol-industry-scorecard.aspx

https://www.imercer.com/products/vaol-industry-scorecard.aspx

https://www.imercer.com/products/cbp-global-industry-findings.aspx

https://www.imercer.com/products/cbp-global-industry-findings.aspx

https://www.imercer.com/products/severance-pay-policies.aspx

https://www.imercer.com/products/severance-pay-policies.aspx

https://www.imercer.com/products/talent-all-access.aspx

https://www.imercer.com/products/talent-all-access.aspx

mailto:selectintel%40mercer.com?subject=

https://www.imercer.com/content/mercer-select-intelligence.aspx

https://www.imercer.com/content/mercer-select-intelligence.aspx

http://www.imercer.com/global

https://www.imercer.com/products/hratlas-la.aspx

https://www.imercer.com/products/ngss.aspx

https://www.imercer.com/products/ngss.aspx

https://www.imercer.com/products/hr-atlas.aspx

https://www.imercer.com/products/hr-atlas.aspx

https://www.imercer.com/products/severance-pay-industry-scorecard.aspx



© 2018 MERCER LLC. HR ATLAS — SAMPLE 4

ECONOMIC ENVIRONMENTAt alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.

Utet faccaectis invelest, sunt de accabo. Nam, et harumqu asperit aciatiae ressitas aut ariosam dolorrum as volorehentis asit omni nem aut eligeni squam, cullautatios eliam repel is volupti busam, acerspidel evente co.

At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien

Re notieni hilibus cam nos, terfecia ad noret vil videsil nerbit, uteri pere public rena, ne hocre tam iam, der antrei iam ad revis; horum, quame ia ocam te nos sa se, Catum. Habemo in Itala movereorudem audem publicam meremo mei publi clabuntra verfecum etiumena, silicta, orumum oc, cotis omnequam in dientie sciendin duc vervilnem ius serei invo, sterum terunte teriventium in duconfecon taturem olintrisulto hos, serorbi tentiam nentemus mei senicieri pat Caticieniqua optere itelius hortem potiae a nonum fecrit obut L. Aver ala re, coeriss endena, partandit, noraestuus re imihili Ex nequita, cae rentiactui confirmis vitat, cont.

Avehebest vium voltumed nocae, untem, Castife natiena timus:

► Palabuntem cortus in nonsum in senarbistine cam hostressa sid mume cla Satrum in supici iam diendachuium mum nihin videtil inamqua menitam ateri ingultu caursul hala nostratorum se mendiis. Martenescre, quam occiam viverem consuli ctorei inverit, erberi entem con reis.

► Rius. Ita Scipsen teatus, este co alabut viderum tella rem simenatquam menim facchuius sentem tanti sena, quam ommo nendiussu ina, stressimus haet, sentrum quit, sedius, sciem inuntem aucidestem, quam dem esse que abem terum publicerur quit; noverferei sua videfen diere, simmorum terfer patus obsessedo, vilicas ommo ne coenter fenterv ilicaed it grareni hilicumei sa vatiente num nonsulos or audacia non rei susunum liuriste facibus atuam, Palatam prarisus, dum hostius trarit graes et Castatus estelique neque vid a resi clerum hiciendium, qua vivena.

► Vis tudessimmo contilnero, num cupiene simus, conduc resit, oresturit. Cupiortus erferi prorte tem nox nit nericero conoctabus sent? Ereste me ta, ex maio, faciam is, num ina, sedeo, nerficam te nostrae catrita nosterc esciam fuit. mac opubliam ocrent.

► Obus inc fue audessoltus, sti, confiri beffrenam di, Catu vita, que Ereste me ta, ex maio, faciam is, num ina, sedeo, nerficam te adducon

► To tent alique nullab in cullectum fugit quias volupturem aut et accab inum aut eosapit ationse digent ipicab inctiam labo. Ucium volor mos atinum volore non.

INTRODUCTION

Sample


tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.

Utet faccaectis invelest, sunt de accabo. Nam, et harumqu asperit aciatiae ressitas aut ariosam dolorrum as volorehentis asit omni nem aut eligeni squam, cullautatios eliam repel is volupti busam, acerspidel evente co.

LOCAL COMPENSATION PRACTICESAt alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.

LOCAL BENEFITS PRACTICESAt alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent

dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.

At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.

WORKING TIME AND LEAVEAt alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.


INTRODUCTION

Sample


INTERNATIONAL MOBILITY At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.



At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien

tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et praturibusam et esequo voluptassi bearund aepedi anis dolor andi doluptasit arum, sinctem eum dit reptatiore sectur alia qui officta tionesto ipit aut esed modi nectemp orerionsent dolecusant et aut mo ma estrupt ionsequae vidiae velenimin cus quam dionet, nam ipsum sam, nus.

INTRODUCTION

Sample

REGION

Sample


COUNTRY OVERVIEWPOPULATION STATISTICS ESTIMATED POPULATION

POPULATION GROWTH (2017 est.)

0.3%

201733,333,333

POPULATION AS A % OF WORLD TOTAL

0.3MEDIAN AGE(2016 est.)

30.3GENDER RATIO(Male/Female) (2016 est.)

AGE STRUCTURE (% OF POPULATION, 2017 est.)

0.3365+22%

0–1422%

15–6422%

GEOGRAPHY AND MEASUREMENT STATISTICS

CURRENCY Currency Name

TIME ZONE

UTC -2SYSTEM OF MEASUREMENT

METRIC

CAPITAL CITYCITY NAME

3,333,333 square kilometers

ETHNICITY, LANGUAGE, AND RELIGION

LANGUAGESSpanish (official and most widely spoken language). Note: Common languages include English (schools) and less common Portuguese.

ETHNIC GROUPSEuropean (mostly Spanish and Italian descent) and Mestizo (mixed European and Amerindian ancestry) 97.2%, Amerindian 2.4%, African 0.4% (2010 est.)

RELIGIONS (2012 est.)

Roman Catholic 92% (less than 20% practicing), Jewish 2%, Protestant 2%, Unspecified 1.1%

ECONOMIC INDICATORSGROSS DOMESTIC PRODUCT GROWTH

2016 2017 20182.3% 2.3% 2.3%

2016 2017 20182.3% 2.3% 2.3%

INFLATION

2016 2017 20182.3% 2.3% 2.3%

UNEMPLOYMENT

EXCHANGE RATE (as of October 2017)

USD1 = 22.22 EUR1 = 22.22

AGE DISTRIBUTION OF THE LABOR FORCE

22%15–64

22%65+

GENDER DISTRIBUTION OF THE LABOR FORCE

M 23.3% F 23.3%

ECONOMICALLY ACTIVE POPULATION (AGE 15+)( IN MILLIONS), 2017

33,333

WORKFORCE STATISTICS

PERCENTAGE OF WORLD TOTAL LABOR FORCE, 2017

2.3%

WORKFORCEPARTICIPATION RATE, 2017

23.3%

COUNTRY

Sample

9© 2018 MERCER LLC. HR ATLAS — SAMPLE

COUNTRY

WORLD RANKING

ECONOMIC FREEDOM RANK ► Mostly Unfree 233

EASE OF DOING BUSINESS RANK ►223

FREEDOM OF THE PRESS SCORES ► Partly Free 23/100

FREEDOM IN THE WORLD RATING ► Free 7/7

GLOBAL COMPETITIVENESS INDEX RANKINGS

►223CORRUPTION PERCEPTION INDEX RANK

►23HUMAN CAPITAL INDEX

► Overall Rank 23 ► Overall Score 20.30

BUSINESS LANDSCAPE

FOREIGN INVESTMENT

TOP INDUSTRIES

NET INFLOW OF FOREIGN DIRECT INVESTMENT(BOP, CURRENT USD, MILLIONS)

FOOD PROCESSING, MOTOR VEHICLES, CONSUMER DURABLES, AGRICULTURE, FOOD PROCESSING, MOTOR VEHICLES, CONSUMER DURABLES, AGRICULTURE, FOOD PROCESSING, MOTOR VEHICLES, CONSUMER DURABLES, AGRICULTURE, FOOD PROCESSING, MOTOR VEHICLES, CONSUMER DURABLES, AGRICULTURE

22,333

22,333

22,333

22,333

22,333

2012

2013

2014

2015

2016 Sample


MAJOR TRADING PARTNERS

TOP EXPORT AND IMPORT DESTINATIONS

TOP EXPORTS AND IMPORTS

► BRAZIL (USD9 BILLION)

► UNITED STATES (USD4.48 BILLION)

► CHINA (USD4.43 BILLION)

► VIETNAM (USD2.55 BILLION)

► CHILE (USD2.3 BILLION)

► SOYBEAN MEAL (USD10 BILLION)

► CORN (USD4.19 BILLION)

► SOYBEAN OIL (USD4.11 BILLION)

► SOYBEANS (USD3.23 BILLION)

► DELIVERY TRUCKS (USD2.58 BILLION)

TOP EXPORT DESTINATIONS

TOP EXPORTS ► CARS (USD4.47 BILLION)

► VEHICLE PARTS (USD2.48 BILLION)

► TELEPHONES (USD2.05 BILLION)

► REFINED PETROLEUM (USD1.87 BILLION)

► PETROLEUM GAS (USD1.75 BILLION)

► BRAZIL (USD13.4 BILLION)

► UNITED STATES (USD8.51 BILLION)

► CHINA (USD7.2 BILLION)

► GERMANY (USD2.96 BILLION)

► MEXICO (USD1.41 BILLION)

TOP IMPORT DESTINATIONS

TOP IMPORTS

COUNTRY

TAXES

PROFIT TAXES, LABOR TAX AND CONTRIBUTIONS, OTHER TAXES, TOTAL TAX RATE

PROFIT TAXES (% OF PROFIT)

2.3%LABOR TAX AND CONTRIBUTIONS

(% OF PROFIT)

23.3%

OTHER TAXES (% OF PROFIT)

23.3%TOTAL TAX AND CONTRIBUTION

RATE (% OF PROFIT)

23.0%Sample


LOCAL COMPENSATION PRACTICES

BONUS ELIGIBLITY, TARGET BONUS, ACTUAL BONUS, 2017

VARIABLE BONUSES

TYPICAL SALARY REVIEW MONTHS

REAL SALARY INCREASE

MEDIAN SALARY INCREASES

SALARY INCREASES

EXECUTIVE MANAGEMENT PROFESSIONAL —SALES

PROFESSIONAL —NONSALES

PARA-PROFESSIONAL —

WHITE COLLAR

PARA- PROFESSIONAL —

BLUE COLLAR

VARIABLE BONUS ELIGIBILITY 92% 92% 92% 92% 92% 92%

MEDIAN TARGET VARIABLE BONUS,AS A PERCENTAGE OF BASE SALARY 92% 92% 92% 92% 92% 92%

MEDIAN ACTUAL VARIABLE BONUS,AS A PERCENTAGE OF BASE SALARY 92% 92% 92% 92% 92% 92%

2016 2017 2018

2.6% 2.6% 2.6%

2016 2017 2018

2.6% 2.6% 2.6%

COUNTRY

1 JANUARY

2 JANUARY

3 JANUARY

Sample


EXECUTIVE

PROFESSIONAL SENIOR

PARA-PROFESSIONAL SKILLED

MANAGEMENT

PROFESSIONAL JUNIOR

PARA-PROFESSIONAL GENERAL

ANNUAL BASE SALARY AND ANNUAL TOTAL CASH, 2017

USD LOCAL CURRENCY

ABS ATC ABS ATC

HIGH 187,501 187,501 187,501 187,501

MEDIAN 187,501 187,501 187,501 187,501

LOW 187,501 187,501 187,501 187,501

USD LOCAL CURRENCY

ABS ATC ABS ATC

HIGH 187,501 187,501 187,501 187,501

MEDIAN 187,501 187,501 187,501 187,501

LOW 187,501 187,501 187,501 187,501

USD LOCAL CURRENCY

ABS ATC ABS ATC

HIGH 187,501 187,501 187,501 187,501

MEDIAN 187,501 187,501 187,501 187,501

LOW 187,501 187,501 187,501 187,501

USD LOCAL CURRENCY

ABS ATC ABS ATC

HIGH 187,501 187,501 187,501 187,501

MEDIAN 187,501 187,501 187,501 187,501

LOW 187,501 187,501 187,501 187,501

USD LOCAL CURRENCY

ABS ATC ABS ATC

HIGH 187,501 187,501 187,501 187,501

MEDIAN 187,501 187,501 187,501 187,501

LOW 187,501 187,501 187,501 187,501

USD LOCAL CURRENCY

ABS ATC ABS ATC

HIGH 187,501 187,501 187,501 187,501

MEDIAN 187,501 187,501 187,501 187,501

LOW 187,501 187,501 187,501 187,501

COUNTRY

Sample

© 2018 MERCER LLC. HR ATLAS — SAMPLE 1313© 2018 MERCER LLC. HR ATLAS — SAMPLE

SALARY RANGES

PARA-PROFESSIONAL GENERAL

PARA-PROFESSIONAL SKILLED

PROFESSIONAL JUNIOR PROFESSIONAL SENIOR MANAGEMENT EXECUTIVE

200,000

150,000

100,000

50,000

0

LOW MEDIAN HIGH

0

50,000

100,000

150,000

200,000

Exec

utiv

e

Man

agem

ent

Prof

essi

onal

Sen

ior

Prof

essi

onal

Juni

or

Para

-pro

fess

iona

l Ski

lled

Para

-pro

fess

iona

l Gen

eral

COUNTRY

Sample

© 2018 MERCER LLC. HR ATLAS — SAMPLE 1414HR ATLAS — SAMPLE

LOCAL BENEFITS PRACTICES

MEDICAL

PREVALENCE

COVERAGE

ELIGIBILITY

EMPLOYEE CONTRIBUTIONS

At alis secat dolorest quiam vellumqui officil maximpel illabor.

At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien.




Typically, medical coverage is paid by mandatory contributions:

Employer: At alis secat dolorest quiam vellumqui officil maximpel illabor.

Employee: At alis secat dolorest quiam vellumqui officil maximpel illabor.


At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien tenime rem et iur re aliquo ea di rem ipsa simusa quam, aliqui bla net, solupic temporeium harumquo evendunt ullant et.

SUMMARY OF BENEFITS

HOUSING

CAR BENEFITS

MEALS

COUNTRY

Sample

© 2018 MERCER LLC. HR ATLAS — SAMPLE 15© 2018 MERCER LLC. 15

RETIREMENT

PREVALENCE

DEFINED BENEFIT PLAN PREVALENCE

DEFINED CONTRIBUTION PLAN PREVALENCE

At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien. At alis secat dolorest quiam vellumqui officil maximpel illabor ad.



COUNTRY

Sample


WORKING TIME AND LEAVEREST DAYS AND ANNUAL LEAVE

WORKING HOURS PER WEEK

MAXIMUM WORKING DAYS PER WEEK

22 hours 2.2 days

WEEKLY REST DAYS

SICK LEAVE

ANNUAL LEAVE ENTITLEMENT


► At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien. At alis secat dolorest quiam vellumqui officil maximpel illabor ad.



Employees are entitled to the following annual vacation periods in accordance with length of service:

► At alis secat dolorest quiam vellumqui officil maximpel illabor.





Some collective labor agreements (CLAs) may impose longer vacation periods.




COUNTRY

Sample


PUBLIC HOLIDAYS

COUNTRY

2018JANUARY FEBRUARY MARCH

• 1 — NEW YEAR’S DAY • 12–13 — CARNIVAL • 24 — TRUTH AND JUSTICE DAY • 30 — GOOD FRIDAY

APRIL MAY JUNE

• 2 — MALVINAS DAY • 1 — LABOR DAY • 25 — ANNIVERSARY OF THE 1810 REVOLUTION • 20 — NATIONAL FLAG DAY

JULY AUGUST SEPTEMBER

• 9 — INDEPENDENCE DAY • 20 — SAN MARTÍN DAY

OCTOBER NOVEMBER DECEMBER

• 8 — DAY OF RESPECT FOR CULTURAL DIVERSITY • 26 — NATIONAL SOVEREIGNTY DAY • 8 — IMMACULATE CONCEPTION • 25 — CHRISTMAS DAYSample


PUBLIC HOLIDAYS

2019JANUARY FEBRUARY MARCH

• 1 — NEW YEAR’S DAY • 12–13 — CARNIVAL • 24 — TRUTH AND JUSTICE DAY • 30 — GOOD FRIDAY

APRIL MAY JUNE

• 2 — MALVINAS DAY • 1 — LABOR DAY • 25 — ANNIVERSARY OF THE 1810 REVOLUTION • 20 — NATIONAL FLAG DAY

JULY AUGUST SEPTEMBER

• 9 — INDEPENDENCE DAY • 20 — SAN MARTÍN DAY

OCTOBER NOVEMBER DECEMBER

• 8 — DAY OF RESPECT FOR CULTURAL DIVERSITY • 26 — NATIONAL SOVEREIGNTY DAY • 8 — IMMACULATE CONCEPTION • 25 — CHRISTMAS DAY

COUNTRY

Sample







INTERNATIONAL MOBILITYBUSINESS HOURS

BUSINESS DRESS




► The business visa At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien. At alis secat dolorest quiam vellumqui officil maximpel illabor ad.

► The professional visa (24 H) iAt alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien. At alis secat dolorest quiam vellumqui officil maximpel illabor ad.At alis secat dolorest quiam vellumqui officil maximpel illabor ad quidunt volupitatur, sequi vel evelenitatem qui sequi niscien. At alis secat dolorest quiam vellumqui officil maximpel illabor ad.

BUSINESS ETIQUETTE TIPS

BUSINESS VISAS

COUNTRY

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WORK PERMITS RESIDENCE PERMITS ► At alis secat dolorest quiam vellumqui officil maximpel illabor ad

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COUNTRY

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CITY, COUNTRY

COST-OF-LIVING ANDQUALITY-OF-LIVING DIFFERENTIALS

RELATIVECOST-OF-LIVING

202RELATIVE

QUALITY-OF-LIVING

22HARDSHIP ALLOWANCE AS

A PERCENTAGE OF ANNUAL GROSS SALARY

20.0%

HOUSING COSTS

HOUSING COSTS

GOOD AREA VERY GOOD AREA BEST AREA

MONTHLY RENT, FURNISHED THREE-BEDROOM HOUSE, USD, MARCH 2017

9,914 9,914 9,914MONTHLY RENT, UNFURNISHED THREE-BEDROOM HOUSE, USD MARCH 2017

9,914 9,914 9,914

GOOD AREA VERY GOOD AREA BEST AREA

MONTHLY RENT, FURNISHED TWO-BEDROOM APARTMENT, USD, MARCH 2017

9,914 9,914 9,914MONTHLY RENT, UNFURNISHED TWO-BEDROOM APARTMENT, USD, MARCH 2017

9,914 9,914 9,914

EDUCATION COSTS, INTERNATIONAL SCHOOL ANNUAL TUITION, USD

KINDERGARTEN PRIMARY SECONDARY

9,914 9,914 9,914

COUNTRY

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TRAVEL EXPENSES

PER DIEM RATE, PER PERSON, USD

HOTEL COSTS PER NIGHT, SINGLE ROOM, USD

LOW MEDIUM HIGH

97 97 97

LOW MEDIUM HIGH

157 157 157

MEAL REIMBURSEMENT, PER PERSON, USD

BREAKFAST

LUNCH

DINNER

LOW MEDIUM HIGH

11 22 33

11 22 33

11 22 33

COUNTRY

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ABOUT THIS REPORT

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© 2018 MERCER LLC. 24HR ATLAS — SAMPLE

ABOUT THIS REPORT

Scores and rankings listed in this section are effective based on the following years:

► Economic Freedom Rank — 2017

► Ease of Doing Business Rank — June 2016

► Freedom of the Press Scores — 2017

► A rating of 0 = Most Free

► A rating of 100 = Least Free

► Freedom in the World Rating — 2017

► A rating of 1 represents the highest level of freedom.

► A rating of 7 represents the lowest level of freedom.

► Global Competitiveness Index Rankings — 2016–2017

► Corruption Perception Index Rank — 2016

► Human Capital Index Overall Rankings and Scores — 2016

This section provides information on the methods of collecting, collating, and analyzing data for this publication. Below are notes on exceptions and exclusions in the data and a list of data sources, relevant equations, and currency conversions rates. Readers will also find a glossary of key terms.

METHODOLOGYEXCEPTIONS AND NOTES

WORLD RANKINGS

The career levels for variable bonus data are aligned as follows:

► Executive: Directors

► Management: Managers

► Professional Sales: Sales

► Professional Nonsales: Professional/Administrative/Staff

► Para-professional While Collar: Professional/Administrative/Staff

► Para-professional Blue Collar: Blue Collar

VARIABLE BONUS CAREER LEVELS

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The salary range graphic depicts the range spread for each career level, along with the gap from one level to the next. The USD annual base salary amounts from the Annual Base Salary and Annual Total Cash tables are used to present this information.

Information for Costa Rica and Panama was not available; this section has been omitted for these two countries.

Information for Costa Rica was not available; this section has been omitted for this country.

Information for Mexico refer to Mexico — Central.

SALARY RANGE

Information for Costa Rica was not available; this section has been omitted for this country.

Information for Mexico refer to Mexico — Central.

Residence permit information is not available for Venezuela.

BUSINESS VISAS, WORK PERMITS, AND RESIDENCE PERMITS

LOCAL BENEFITS PRACTICES

BUSINESS HOURS, BUSINESS DRESS, BUSINESS ETIQUETTE TIPS

The compensation data present information for six career levels. Mercer’s position class system was used to map the compensation data for the respective career levels.

The following position class mapping was used:

► Executive: PC 60

► Management: PC 57

► Professional — Senior: PC 51

► Professional — Junior: PC 48

► Para-professional — Skilled: PC 45

► Para-Professional — General: PC 42

The statisics presented are aligned as follows:

LOWP25 or 25th Percentile: The data point that is higher than 25% of all other data in the sample when ranked from low to high.

MEDIANP50 or 50th Percentile: The data point that is higher than 50% of all other data in the sample when ranked from low to high. Also known as the median.

HIGHP75 or 75th Percentile: The data point that is higher than 75% of all other data in the sample when ranked from low to high.

ANNUAL BASE SALARY AND ANNUAL TOTAL CASH

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ABOUT THIS REPORT


COUNTRY OVERVIEW ► CIA The World Factbook

► Countries of the world.com, Chartsbin.com

► Latin America Economic Trends, October 2017

► Mercer HR Monitor

► International Labour Organization (ILOSTAT) database

ECONOMIC ENVIRONMENT ► The Heritage Foundation

► Doing Business, Measuring Business Regulations

► Freedom House

► The World Economic Forum

► Transparency International

► CIA The World Fact Book

► Atlas.media.edu

► Economic Commission for Latin America and the Caribbean

► Bureau of Economic and Business Affairs — Investment Climate Statements for 2017

LOCAL COMPENSATION PRACTICES ► Total Remuneration Surveys 2017

► Mercer's Latin America Economic Trends, October 2017

LOCAL BENEFITS PRACTICES ► Mercer’s Worldwide Benefit and Employment Guidelines, 2017

WORKING TIME AND LEAVE ► Mercer’s Worldwide Benefit and Employment Guidelines, 2017

► Doing Business, Measuring Business Regulations

► International Labour Organization (ILO) TRAVAIL Database on Conditions of Work and Employment Programme

► International Labour Organization (ILO) Database on Labor Legislation

► Doing Business Labor Market Regulation Database

► Mercer Passport

► Public Holidays — Global

DATA SOURCES

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INTERNATIONAL MOBILITY ► Mercer Cost-of-Living Calculator, March 2017

► Mercer Quality-of-Living Calculator, September 2016

► Mercer Cost-of-Living Report, March 2017

► Mercer Passport

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Mercer Select IntelligenceSM is a global membership platform, offering HR and business professionals digital and in-person access to cutting-edge research, analysis, productivity tools, best practices, on-demand expertise, and peer networks. When it’s time to shape policy and make critical people-strategy decisions, Mercer Select Intelligence will keep you ahead of the curve with actionable insights into the latest HR news and key issues, including legislative and regulatory initiatives, local and global economic indicators, and emerging trends. As your trusted resource in a rapidly changing business environment, the Mercer Select Intelligence membership will continually evolve to deliver the human capital insights that you need to succeed. Visit select.mercer.com to learn more.

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https://select.mercer.com/

© 2018 MERCER LLC. 29HR ATLAS — SAMPLE

ABOUT MERCER At Mercer, we make a difference in the lives of more than 110 million people every day by advancing their health, wealth, and careers. We’re in the business of creating more secure and rewarding futures for our clients and their employees — whether we’re designing affordable health plans, assuring income for retirement, or aligning workers with workforce needs. Using analysis and insights as catalysts for change, we anticipate and understand the individual impact of business decisions, now and in the future. We see people’s current and future needs through a lens of innovation, and our holistic view, specialized expertise, and deep analytical rigor underpin each and every idea and solution we offer. For more than 70 years, we’ve turned our insights into actions, enabling people around the globe to live, work, and retire well. At Mercer, we say we Make Tomorrow, Today.

Mercer LLC and its separately incorporated operating entities around the world are part of Marsh & McLennan Companies, a publicly held company (ticker symbol: MMC) listed on the New York, Chicago, and London stock exchanges.

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http://www.mmc.com/

Copyright 2018 Mercer LLC. All rights reserved. 18-HR ATLAS-SAMPLE

For further information, please contact your local Mercer office or visit our website at www.imercer.com

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http://www.imercer.com

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