2017 Global Compensation Planning Report – 20 Year Look Back
Mercer’s Global Compensation Planning Report — 20 Year Look Back Report is a unique offering for HR and business managers around the world interested in learning how historical trends in the economic market impact private industry salary decisions. By contextualizing salary increase data around the world during one of the most turbulent economic periods since the Great Depression, the report offers important lessons and observations in how the world of work is affected by the world around us. Mercer’s GCPR — 20 Year Look Back includes data from 63 countries around the world, and features salary increase trends for six career levels commonly found in most organizations.
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Using Mercer’s new Global Compensation Planning Report – 20 Year Look Back, HR and corporate managers can gain key insight into historical trends for business-critical data. Whether you’re interested in how the global recession impacted emerging markets or which countries experienced the biggest economic swings over the last 20 years, this publication offers an invaluable roadmap of the broader forces affecting our global business environment.
The publication covers the impact of the recession on salary increases and salary increase trends by country and career level, and it includes a comparison of salary increases and economic changes over the years. Covering 63 countries, it is a reliable source of information on economic and salary increase trends across career levels (executive, management, professional, and para-professional). GCPR-20 Year Look Back offers 20 year view of :
- Pay increases.
- Economic indicators (GDP changes, inflation, and unemployment rates).
- 1995 to 2015
- Pre-Recession (1995-2007)
- During Recession (2008-2009)
- Post-Recession (2010-2015)
Mercer Global Compensation Planning Report – 20 Year Look Back is organized into the following sections:
The Summary of Key Findings section serves as an executive summary for those looking for Mercer’s insights and observations. This section is optimal for anyone looking for notable outliers in over the last twenty years, analysis of prevailing trends, and further information on the interaction of salary increases and economic forces. The analysis in this section addresses the following questions:
- How did the global recession impact emerging markets?
- How did the global recession impact regions around the world?
- How did the global recession change salary increases?
- What was the impact on the “real” salary increases?
- Which countries experienced the biggest economic swings over the last 20 years?
The Regional sections provide critical data to those looking to learn more about specific countries or markets. The regional sections are presented in geographical groupings, each of which contains country-specific information. Country data includes economic timelines, salary increase trends, and the impact of the global recession. For the benefit of the reader, the data is broken into three distinct periods over the last twenty years: pre-recession, during recession, and post- recession. The report divides the covered countries into the following regions:
- Asia Pacific
- Eastern Europe, Middle East, and Africa
- Western Europe
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