2017 WORLDWIDE BENEFIT & EMPLOYMENT GUIDELINES

WORLDWIDE BENEFIT &EMPLOYMENT GUIDELINES

2017

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HEALTH WEALTH CAREER

SAMPLE

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PUBLICATIONS DIRECTORSAMANTHA POLOVINA

CREATIVE DIRECTORSTEFANI BALDWIN

PRODUCT MANAGERCHRISY WILSON

PRODUCTION MANAGERSUMIT BAJAJ

PROJECT MANAGERRAHI SARDANA

DESIGN MANAGERBHUPESH PERIWAL

WRITER AUSTIN LOTZ

COPYEDITORSANKITA RAWAT

DIVYA PRAKASH

DESIGNER NIDHI RASTOGI

CONTENT TECHNICIAN

NIYATI RASTOGI

AUSTRALIASydneyTel: +61 2 8864 [email protected]

CANADATorontoTel: +1 800 333 [email protected]

EUROPEPolandTel: +48 22 436 68 [email protected]

LATIN AMERICAArgentina: +54 11 4000 0954Brazil: +55 11 3048 [email protected]

UNITED STATESLouisvilleTel: +1 800 333 [email protected]

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TABL

E O

F C

ON

TEN

TS

4 MERCER’S GLOBAL PUBLICATIONS

5 INTRODUCTION

7 SAMPLE

10 BENEFITS SECTION

10 Social Security

12 Retirement Benefits

21 Death Benefits

28 Disability Benefits

36 Medical Benefits

41 Maternity/Paternity/Parental Benefits

46 Social Benefits

50 Perquisites & Allowances

52 Flexible Benefits Programme

53 EMPLOYMENT CONDITIONS

53 Severance Conditions & Termination Indemnities

59 Working Time

64 Conditions of Entry & Residence

67 Contract of Employment

70 Occupational Health & Safety

71 Industrial Relations

74 ABOUT THIS REPORT74 Methodology

75 Glossary

88 ABOUT MERCER SAMPLE

GLO

BAL

PUBL

ICAT

ION

S

In today’s competitive race to attract and retain highly skilled global talent, organisations require current, in-depth information on everything from local statutory benefits, to salary trends, to managing a diverse workforce. Through Mercer’s own extensive global presence, we collect and analyse data and insights that help companies take the actions necessary to support their human capital strategies. You can order any of the publications below by clicking on the title links or by visiting www.imercer.com/global.

HEALTH & BENEFITS

WORKFORCE & CAREERS

HANDBOOKS & GUIDES

Global Parental Leave Severance Policies — Asia Pacific

Global Compensation Planning Report

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

Total Employment Costs Around the World

Workforce Turnover Around the World

Compensation Handbook Global Mobility Handbook HR Management Terms

Car Benefit Policies Around the World

FULL ACCESS TO ALL GLOBAL PUBLICATIONSSubscribe to our Talent All Access® Portal for exclusive online access to our entire suite of publications and tools.

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

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

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

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

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

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

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

http://www.imercer.com/talentallaccess



© 2017 Mercer LLC. 5WORLDWIDE BENEFIT & EMPLOYMENT GUIDELINES — SAMPLE

INTRODUCTIONWhether you operate in two countries or 20, staying competitive through the creation of effective, attractive, and statutorily correct benefit plans remains a challenge. You need to keep track of constantly evolving benefit laws and regulations, as well as understand employment conditions and statutory and typical benefits.

Mercer’s Worldwide Benefit & Employment Guidelines (WBEG) helps you meet these challenges by providing access to current, reliable information on:

► Statutory employee benefits

► Typical employer benefit practices

► Overall employment conditions

Our global network of country experts gather and interpret current information, offering in-depth data of unparalleled quality for 77 countries.

SAMPLE


INTRODUCTION

REPORT STRUCTURE The 2017 Worldwide Benefits & Employment Guidelines publication provides actionable information on statutory benefits, typical employer practice, and employment conditions across major world markets. Created with the human resources professional in mind, this report offers critical, up-to-date data to assist companies interested in forecasting, preparing for, and managing the revolving door of talent around the world.

This report includes the following sections:

EMPLOYMENT CONDITIONS

1. Severance conditions and termination indemnities

2. Working time

3. Conditions of entry and residence

4. Contract of employment

5. Occupational health and safety

6. Industrial relations

ECONOMIC ENVIRONMENT

BENEFITS

1. Social security

2. Retirement benefits

3. Death benefits

4. Disability benefits

5. Medical benefits

6. Maternity/paternity/parental benefits

7. Social benefits

8. Perquisites and allowances

9. Flexible benefits programmeSAMPLE

CO

UNTR

Y

COUNTRY

SAMPLE

GDP GROWTH

2017 1.0%

2016 1.0%

2015 1.0%

INFLATION

2017 1.0%

2016 1.0%

2015 1.0%

UNEMPLOYMENT

2017 1.0%

2016 1.0%

2015 1.0%

50% 50% 50% 50% 50% 50%

COUNTRYECONOMIC ENVIRONMENT

TOTAL POPULATION, 2016 WORKING AGE RANGE POPULATION(15-64), 2016

ECONOMICALLY ACTIVE POPULATION (15-64), 2016

TOTAL POPULATION GENDER RATIO, 2016

WORKING AGE (15-64) GENDER RATIO, 2016

ECONOMICALLY ACTIVE (15-64) GENDER RATIO, 2016

10,0001,100,000 1,000

USD1 = EUR0.94EUR1 = EUR1.00Exchange rate as of April 7, 2017


Note: Population size is in thousands.Sources: GDP growth: International Monetary Fund, World Economic Outlook Database, April 2017; Inflation: International Monetary Fund, World Economic Outlook Database, April 2017; Unemployment: International Monetary Fund, World Economic Outlook Database, April 2017.

SAMPLE


COUNTRY

1. SOCIAL SECURITY

GENERAL DESCRIPTION OF SOCIAL SECURITYNihintis Catquo caectorudam in scrimus probuntere, qui con potiu etoravo curiconume in ta rentemus. Sim coenate, us contiondem quem ta novenit atiquon derum id mendeffrei ia patiend uciisquem publin tem est quamquam nocre in dicaus hostiu mors aliam esimedentrid menem, que aventem labuntr averfentem dea rem porum, pulisulto videa quis ses, C. Intiu in sentemus, Catque tat in vid mum sum senatimis, mente, nem terum con restantem dio, que alius, cons res ingulibut consulus esil te condes dellegit. Restur unumus facesim ihilius sum ia verfirm aciere tabus sultum patiendi patilist? Die cons dienatquis, omnos hoctariptier perfecredit? Nam nonsimmorio contebes plicibus menterum unte, nequem te, num converces imusciem fac ides publistante, nonfintiam.

Mae de proximil vaturae dessuli ssedium nocum dem ines mus, convocu spiempri pultimus hilina, culum, fure, nes virmand amquam invenim movidepsed sum test omnes? Nos vid revisum am, medernitest gra? Patatiem dit facchuc omnimuscio conderis errimis, untissic vidium omniterfesta vis, constuam hocum nimmolt oresumus, ut in teatrus audelaritu ina, facemo vidio vir praridemum sedo, fic inatati, consil hos serrit, moves vit C. Itat erius por acerem occiampl. Onoculla modiis nostodi publinaticid merum ta, que nossus, Catium nihi, consuli senit.

Iquam ius. Quast vis comne con vis, quam mei popublibus, C. Antra noccita, ublium hillatum haed in remor los aur lis abustam nequodi furorae, C. Vivatrive, que adductum det, sidees ad dicivasdam fur audacio, noraetod modicit L. Sere nicaequis coenatrum noximo morimis, que furni publicae nos reorumus conuniu ego Catusum nost conclerbitu quemque iaet igno. Etra con nonsum tem etem tum dientremursu mo huconsum nentium pec fac omaiore denat et; essedit ebunt? At vive, que essentertus cons opotia diusupere esinihina, dii in Etraris viderestu vili, qua nemnorbit. Quam se nium aut eti porior achuite ad sit; nosulare fit, conlocam mo nitum mendam nos inati, pra popos aucivit. At quem, nostrit efectas viviventi, seditiem pro, nos avenat L. Multortiem et L. Econsullabus bonem simoverudam publibununum nonsi inatquo nsusse tiquoss unicatillat is hocus sentilici pori sulis clatui sul hos, sus, noximus et Cato tude consulius mo ut virit vignatu ses culius conde haliacto ur hoc mei et? At acit. Lium faciam pec ma, nemenat octoricio iamperis sulicibut facchilic ficaeli, noviviv ivesimum tis nonsupecon senteatus ia Si tem tessimus, orum die habentemque rem tanduconeque nonum, nemuscrei possimil hoc ocum pes bonsus, furentella tam et C. Sp. Ad ad adhuc is de tus M. Anul hordictam perividet? quamquis.

BENEFITS SECTION

SAMPLE


COUNTRYCOUNTRY

2. RETIREMENT BENEFITS

OVERVIEW

PREVALENCE CONTRIBUTIONS SALARY CEILING(LOCAL CURRENCY)

EMPLOYER(% OF BASE SALARY)

EMPLOYEE(% OF BASE SALARY)

STATUTORY REQUIREMENT, SOCIAL INSURANCE 100% 10% 10% Sed ut perspiciatis unde.

SUPPLEMENTAL PROVISION, DB PLANS

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua


None.

SUPPLEMENTAL PROVISION, DC PLANS




EFFECTIVE DATE January 1, 2017 January 1, 2018CHANGES EXPECTED

SAMPLE


COUNTRY

HR AREA EFFECTIVE DATE NEW LAW ACTION REQUIRED

There is no recent legislation.

RECENT LEGISLATION APPROVED AND PROPOSED

RETIREMENT BENEFITS

BENEFIT SUMMARY REASONS FOR TREND

RETIREMENT

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.

TRENDS

SAMPLE


COUNTRY

RETIREMENT BENEFITS STATUTORY

NAME OF STATUTORY RETIREMENT SCHEME Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

TYPE OF PLANLorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

ELIGIBILITYLorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

NORMAL RETIREMENT AGE MALE/FEMALE: 60

PENSIONABLE EARNINGSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

FINAL PENSIONABLE EARNINGSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

PENSIONABLE SERVICE Lorem ipsum dolor.

CONDITIONS FOR RECEIVING BENEFITS

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur,

NORMAL RETIREMENT BENEFITSSed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui

FORM OF PAYMENT Lorem ipsum dolor sit amet

EARLY RETIREMENT AGE & ELIGIBILITY CONDITIONSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

STATUTORY REQUIREMENTS

RETIREMENT BENEFITS

SAMPLE


COUNTRY RETIREMENT BENEFITS

RETIREMENT BENEFITS STATUTORY

EARLY RETIREMENT BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

LATE RETIREMENT AGE & ELIGIBILITY CONDITIONS

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt

LATE RETIREMENT BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo.

PENSION INCREASES Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

EMPLOYEE CONTRIBUTIONS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

EMPLOYER CONTRIBUTIONS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

OTHER COMMENTS

It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

SAMPLE


COUNTRY

SUPPLEMENTAL/ TYPICAL BENEFITS

WHY COMPANIES SUPPLEMENT STATUTORY REQUIREMENTS Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

TYPICAL SUPPLEMENTARY BENEFITS ARRANGEMENTLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Lorem Ipsum is simply dummy text of the printing and typesetting industry.

DEFINED BENEFIT PLAN SUPPLEMENTAL

PREVALENCELorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

SPONSORING EMPLOYER Lorem Ipsum

NAME OF PLAN Lorem Ipsum

GOVERNING DOCUMENTATION Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium,

ELIGIBILITYLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

NORMAL RETIREMENT AGEMALES/FEMALES: Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.

PENSIONABLE EARNINGS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

FINAL PENSIONABLE EARNINGSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore mag-na aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo conse-quat.

PENSIONABLE SERVICE Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium.

RETIREMENT BENEFITS

SAMPLE




CONDITIONS FOR RECEIVING BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

NORMAL RETIREMENT BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

FORM OF PAYMENT Sed ut perspiciatis unde omnis iste natus error.

EARLY RETIREMENT AGE & ELIGIBILITY CONDITIONS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

EARLY RETIREMENT BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

LATE RETIREMENT AGE & ELIGIBILITY CONDITIONS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

LATE RETIREMENT BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

PENSION INCREASES Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

DISABILITY BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

DEATH-IN-SERVICE BENEFITS — SURVIVOR AND/OR LUMP-SUM BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

DEATH AFTER RETIREMENT BENEFITS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

LEAVING SERVICE BENEFITS & VESTING PROVISIONS Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium

EMPLOYEE CONTRIBUTIONS Sed ut perspiciatis unde.

EMPLOYER CONTRIBUTIONS Sed ut perspiciatis unde omnis iste natus.

FINANCING METHODS Lorem ipsum dolor sit amet

FREQUENCY OF VALUATIONS Lorem ipsum dolor sit amet

LOCAL ACCOUNTING STANDARD Lorem ipsum dolor sit amet

HYBRID ALTERNATIVES Lorem ipsum dolor sit amet, Lorem ipsum dolor sit amet, Lorem ipsum dolor sit ametSAMPLE




TAXATION OF CONTRIBUTIONSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

TAXATION OF BENEFITS

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation.

DEFINED CONTRIBUTION PLAN SUPPLEMENTAL

PREVALENCE Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

SPONSORING EMPLOYER Ut enim ad minim veniam, quis nostrud exercitation ullamco.

NAME OF PLAN Ut enim ad minim veniam, quis nostrud exercitation ullamco.

GOVERNING DOCUMENTATION Ut enim ad minim veniam, quis nostrud exercitation ullamco.

ELIGIBILITY Ut enim ad minim veniam, quis nostrud exercitation ullamco.

NORMAL RETIREMENT AGE Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

CONTRIBUTORY EARNINGS Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

CONDITIONS FOR RECEIVING BENEFITS Ut enim ad minim veniam, quis nostrud exercitation ullamco.

NORMAL RETIREMENT BENEFITS Ut enim ad minim veniam, quis nostrud exercitation ullamco.

FORM OF PAYMENT Ut enim ad minima veniam.

PENSION INCREASES Ut enim ad minim veniam, quis nostrud exercitation ullamco.

DISABILITY BENEFITS Ut enim ad minim veniam, quis nostrud exercitation ullamco.

DEATH-IN-SERVICE BENEFITS — SURVIVOR AND/OR LUMP-SUM BENEFITS Ut enim ad minim veniam, quis nostrud exercitation ullamco.SAMPLE



DEFINED CONTRIBUTION PLAN SUPPLEMENTAL

DEATH AFTER RETIREMENT BENEFITS Lorem ipsum dolor sit amet.

LEAVING SERVICE BENEFITS & VESTING PROVISIONSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

EMPLOYEE CONTRIBUTIONS Lorem ipsum dolor sit amet. Lorem ipsum dolor sit amet.

EMPLOYER CONTRIBUTIONSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

FINANCING METHODS Lorem ipsum dolor sit amet.

EMPLOYEE INVESTMENT CHOICE Lorem ipsum dolor sit amet.

HYBRID ALTERNATIVES Lorem ipsum dolor sit amet.

TAXATION OF CONTRIBUTIONSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

TAXATION OF BENEFITSLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

SAMPLE


COUNTRY

3. DEATH BENEFITS

OVERVIEWEFFECTIVE DATE CHANGES EXPECTEDJanuary 1, 2017 January 1, 2018




STATUTORY REQUIREMENT, SOCIAL INSURANCE 100% 10% 10% Sed ut perspiciatis unde.

SUPPLEMENTAL PROVISION, LIFE INSURANCE



None.

SUPPLEMENTAL PROVISION, ACCIDENTAL DEATH & DISABILITY




SAMPLE


COUNTRY




No significant trends are evident in the market.


TRENDS

DEATH BENEFITS

SAMPLE


COUNTRY DEATH BENEFITS

DEATH BENEFITS STATUTORY

ELIGIBILITY Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

CONDITIONS FOR RECEIVING BENEFITSSed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui

BENEFITS DESCRIPTIONLorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

WORK-RELATED BENEFITS

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

EMPLOYEE CONTRIBUTIONS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

EMPLOYER CONTRIBUTIONS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.


SAMPLE


COUNTRY


WHY COMPANIES SUPPLEMENT STATUTORY REQUIREMENTS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

TYPICAL SUPPLEMENTARY BENEFITS ARRANGEMENTDuis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

DEATH BENEFITS SUPPLEMENTAL

PREVALENCE Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

IS THIS PART OF ANOTHER PLAN Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

ELIGIBILITY Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

RETIREES COVERED No. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

CONDITIONS FOR RECEIVING BENEFITS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

BENEFITS DESCRIPTIONUt enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

EMPLOYEE CONTRIBUTIONS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

EMPLOYER CONTRIBUTIONS Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

BENEFITS INSURED Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

OVERALL DESCRIPTION OF PLAN FINANCING Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

DEATH BENEFITS

SAMPLE


COUNTRY

ACCIDENTAL DEATH & DISMEMBERMENT (AD&D) SUPPLEMENTAL

PREVALENCE Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

IS THIS PART OF ANOTHER PLAN Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

ELIGIBILITY Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

RETIREES COVERED Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

CONDITIONS FOR RECEIVING BENEFITS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

BENEFITS DESCRIPTION Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

EMPLOYEE CONTRIBUTIONS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

EMPLOYER CONTRIBUTIONS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

BENEFITS INSURED Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

OVERALL DESCRIPTION OF PLAN FINANCING Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

TAXATION OF CONTRIBUTIONSUt enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum

TAXATION OF BENEFITSUt enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum

DEATH BENEFITS

DEATH BENEFITS SUPPLEMENTAL

TAXATION OF CONTRIBUTIONSUt enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum

TAXATION OF BENEFITS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur.

SAMPLE


COUNTRY

BUSINESS TRAVEL INSURANCE SUPPLEMENTAL

PREVALENCEUt enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum

IS THIS PART OF ANOTHER PLAN Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur

ELIGIBILITY Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur

CONDITIONS FOR RECEIVING BENEFITS Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur

BENEFITS DESCRIPTION Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur

EMPLOYEE CONTRIBUTIONS Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam,

CONTRIBUTIONS Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam,

BENEFITS INSURED Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam,

OVERALL DESCRIPTION OF PLAN FINANCING Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam,

TAXATION OF CONTRIBUTIONS Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam,

TAXATION OF BENEFITS Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam,

DEATH BENEFITS

SAMPLE


COUNTRY

4. DISABILITY BENEFITS

OVERVIEW




STATUTORY REQUIREMENT, SICKNESS 100% Sed ut perspiciatis unde omnis iste

Sed ut perspiciatis unde omnis iste

STATUTORY REQUIREMENT, ACCIDENT 100% Sed ut perspiciatis unde omnis iste


STATUTORY REQUIREMENT, LONG-TERM DISABILITY 100% Sed ut perspiciatis unde

omnis isteSed ut perspiciatis unde omnis iste

SUPPLEMENTAL PROVISION, SHORT-TERM

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam



EFFECTIVE DATE CHANGES EXPECTEDJanuary 1, 2017 January 1, 2018

SAMPLE


COUNTRY


DISABILITY BENEFITS




DISABILITY

Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam,

TRENDS




SUPPLEMENTAL PROVISION, LONG-TERM

quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit



SAMPLE


COUNTRY

SHORT-TERM DISABILITY BENEFITS

SHORT–TERM DISABILITY BENEFITS STATUTORY

ELIGIBILITY Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

PERIOD OF DISABLEMENT BEFORE BENEFITS BEGIN Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

CONDITIONS FOR RECEIVING BENEFITSIt has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

DEFINITION OF DISABLEMENT Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

BENEFITS DESCRIPTIONIt has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

WORK-RELATED BENEFITSIt has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

EMPLOYEE CONTRIBUTIONSIt has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

EMPLOYER CONTRIBUTIONSIt has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.


DISABILITY BENEFITS

SAMPLE


COUNTRY

LONG-TERM DISABILITY BENEFITS

LONG–TERM DISABILITY BENEFITS STATUTORY

ELIGIBILITYIt has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

PERIOD OF DISABLEMENT BEFORE BENEFITS BEGINIt has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

CONDITIONS FOR RECEIVING BENEFITS

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.


DEFINITION OF DISABLEMENT Lorem Ipsum is simply dummy text of the printing and typesetting industry.

BENEFITS DESCRIPTION Lorem Ipsum is simply dummy text of the printing and typesetting industry.

WORK-RELATED BENEFITS Lorem Ipsum is simply dummy text of the printing and typesetting industry.

EMPLOYEE CONTRIBUTIONS Lorem Ipsum is simply dummy text of the printing and typesetting industry.

EMPLOYER CONTRIBUTIONS Lorem Ipsum is simply dummy text of the printing and typesetting industry.

DISABILITY BENEFITS

SAMPLE


COUNTRY


WHY COMPANIES SUPPLEMENT STATUTORY REQUIREMENTS Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

TYPICAL SUPPLEMENTARY BENEFITS ARRANGEMENTLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard.

DISABILITY BENEFITS

SHORT-TERM DISABILITY BENEFITS SUPPLEMENTAL

PREVALENCELorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

IS THIS PART OF ANOTHER PLAN Aldus PageMaker including versions of Lorem Ipsum.

ELIGIBILITY Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley.

RETIREES COVERED Aldus PageMaker including versions of Lorem Ipsum.

PERIOD OF DISABLEMENT BEFORE BENEFITS BEGIN Aldus PageMaker including versions of Lorem Ipsum.

CONDITIONS FOR RECEIVING BENEFITS Aldus PageMaker including versions of Lorem Ipsum.

DEFINITION OF DISABLEMENT Aldus PageMaker including versions of Lorem Ipsum.

BENEFITS DESCRIPTION Aldus PageMaker including versions of Lorem Ipsum.

EMPLOYEE CONTRIBUTIONS Aldus PageMaker including versions of Lorem Ipsum.

EMPLOYER CONTRIBUTIONS Aldus PageMaker including versions of Lorem Ipsum.

BENEFITS INSURED Aldus PageMaker including versions of Lorem Ipsum.SAMPLE


COUNTRY

LONG-TERM DISABILITY BENEFITS SUPPLEMENTAL

PREVALENCE It to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

IS THIS PART OF ANOTHER PLAN Iit to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typeset-ting, remaining essentially unchanged

ELIGIBILITY It to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typeset-ting, remaining essentially unchanged

RETIREES COVERED Aldus PageMaker including versions of Lorem Ipsum

PERIOD OF DISABLEMENT BEFORE BENEFITS BEGIN Aldus PageMaker including versions of Lorem Ipsum

CONDITIONS FOR RECEIVING BENEFITS Aldus PageMaker including versions of Lorem Ipsum

DEFINITION OF DISABLEMENT Aldus PageMaker including versions of Lorem Ipsum

BENEFITS DESCRIPTION Aldus PageMaker including versions of Lorem Ipsum

EMPLOYEE CONTRIBUTIONS Aldus PageMaker including versions of Lorem Ipsum

EMPLOYER CONTRIBUTIONS Aldus PageMaker including versions of Lorem Ipsum

DISABILITY BENEFITS

SHORT-TERM DISABILITY BENEFITS SUPPLEMENTAL

OVERALL DESCRIPTION OF PLAN FINANCING Aldus PageMaker including versions of Lorem Ipsum

TAXATION OF CONTRIBUTIONSit to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged, it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged

TAXATION OF BENEFITS Aldus PageMaker including versions of Lorem Ipsum

SAMPLE


COUNTRY DISABILITY BENEFITS

LONG-TERM DISABILITY BENEFITS SUPPLEMENTAL

BENEFITS INSURED Aldus PageMaker including versions of Lorem Ipsum

OVERALL DESCRIPTION OF PLAN FINANCING Aldus PageMaker including versions of Lorem Ipsum

TAXATION OF CONTRIBUTIONSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

TAXATION OF BENEFITS Aldus PageMaker including versions of Lorem Ipsum

SAMPLE


COUNTRY

5. MEDICAL BENEFITS

OVERVIEWEFFECTIVE DATE CHANGES EXPECTED




STATUTORY REQUIREMENTLorem Ipsum is simply dummy text of the printing and typesetting industry.

Lorem Ipsum is simply dummy text of the printing and typesetting industry.


SUPPLEMENTAL PROVISION, MEDICALLorem Ipsum is simply dummy text of the printing and typesetting industry.



SUPPLEMENTAL PROVISION, DENTALLorem Ipsum is simply dummy text of the printing and typesetting industry.



SUPPLEMENTAL PROVISION, VISIONLorem Ipsum is simply dummy text of the printing and typesetting industry.



January 1, 2017 January 1, 2018

SAMPLE


COUNTRY



TRENDS

MEDICAL BENEFITS




SAMPLE


COUNTRY

STATUTORY REQUIREMENTS MEDICAL BENEFITS

MEDICAL BENEFITS STATUTORY

ELIGIBILITYLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

CONDITIONS FOR RECEIVING BENEFITSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

MEDICAL BENEFITS

SAMPLE


COUNTRY


WHY COMPANIES SUPPLEMENT STATUTORY REQUIREMENTSLorem Ipsum is simply dummy text of the printing and typesetting industry.

TYPICAL SUPPLEMENTARY BENEFITS ARRANGEMENTLorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer specimen book.

MEDICAL BENEFITS SUPPLEMENTAL

PREVALENCE Lorem Ipsum is simply dummy text of the printing and typesetting industry.

IS THIS PART OF ANOTHER PLAN Lorem Ipsum is simply dummy text of the printing and typesetting industry.

ELIGIBILITY Lorem Ipsum is simply dummy text of the printing and typesetting industry.

RETIREES COVERED Lorem Ipsum is simply dummy text of the printing and typesetting industry.

CONDITIONS FOR RECEIVING BENEFITS Lorem Ipsum is simply dummy text of the printing and typesetting industry.

BENEFITS DESCRIPTION

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.


DEPENDANT COVERAGE Lorem Ipsum is simply dummy text of the printing and typesetting industry.

COINSURANCE/CO-PAYMENT Lorem Ipsum is simply dummy text of the printing and typesetting industry.

INDIVIDUAL/FAMILY DEDUCTIBLES Lorem Ipsum is simply dummy text of the printing and typesetting industry.

ANNUAL/LIFETIME MAXIMUM Lorem Ipsum is simply dummy text of the printing and typesetting industry.

EXCLUSIONS but also the leap into electronic typesetting, remaining essentially unchanged.

MEDICAL BENEFITS

SAMPLE


COUNTRY

MEDICAL BENEFITS SUPPLEMENTAL

EMPLOYEE CONTRIBUTIONS but also the leap into electronic typesetting, remaining essentially unchanged.

EMPLOYER CONTRIBUTIONS but also the leap into electronic typesetting, remaining essentially unchanged.

BENEFITS INSURED but also the leap into electronic typesetting, remaining essentially unchanged.

OVERALL DESCRIPTION OF PLAN FINANCING

It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum. It was popula-rised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

TAXATION OF CONTRIBUTIONS It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

TAXATION OF BENEFITS It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

MEDICAL BENEFITS

SAMPLE


COUNTRY

6. MATERNITY/PATERNITY/PARENTAL BENEFITS


MATERNITY December 2, 2010

It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

None.


No significant trend is evident in the market.


TRENDS

SAMPLE


COUNTRY

MATERNITY

MATERNITY BENEFITS STATUTORY

ELIGIBILITY Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s.

CONDITIONS FOR RECEIVING BENEFITS Lorem Ipsum has been the industry’s standard dummy text ever since the 1500.

BENEFITS DESCRIPTION





MATERNITY/PATERNITY/PARENTAL BENEFITS

PATERNITY

PATERNITY BENEFITS STATUTORY

BENEFITS DESCRIPTION Lorem Ipsum has been the industry’s standard dummy text ever since the 1500.SAMPLE


COUNTRY MATERNITY/PATERNITY/PARENTAL BENEFITS

PARENTAL

PARENTAL BENEFITS STATUTORY

ELIGIBILITY Lorem Ipsum has been the industry’s standard dummy text ever since the 1500.

CONDITIONS FOR RECEIVING BENEFITSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

BENEFITS DESCRIPTIONLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

PARENTAL

PARENTAL BENEFITS STATUTORY

BENEFITS DESCRIPTIONLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

SAMPLE


COUNTRY


WHY COMPANIES SUPPLEMENT STATUTORY REQUIREMENTS When an unknown printer took a galley of type and scrambled it to make a type specimen book.

TYPICAL SUPPLEMENTARY BENEFITS ARRANGEMENTwhen an unknown printer took a galley of type and scrambled it to make a type specimen book.

MATERNITY LEAVE SUPPLEMENTAL

PREVALENCE When an unknown printer took a galley of type and scrambled it to make a type specimen book.

IS THIS PART OF ANOTHER PLAN When an unknown printer took a galley of type and scrambled it to make a type specimen book.

ELIGIBILITY When an unknown printer took a galley of type and scrambled it to make a type specimen book.

PERIOD OF BEFORE BENEFITS BEGIN When an unknown printer took a galley of type and scrambled it to make a type specimen book.

CONDITIONS FOR RECEIVING BENEFITS When an unknown printer took a galley of type and scrambled it to make a type specimen book.

BENEFITS DESCRIPTION When an unknown printer took a galley of type and scrambled it to make a type specimen book.

TAXATION OF BENEFITS When an unknown printer took a galley of type and scrambled it to make a type specimen book.

PATERNITY LEAVE SUPPLEMENTAL


PARENTAL LEAVE SUPPLEMENTAL


MATERNITY/PATERNITY/PARENTAL BENEFITS

SAMPLE


COUNTRY

7. SOCIAL BENEFITS

OVERVIEW




UNEMPLOYMENT 100%Lorem Ipsum is simply dummy text of the printing and typesetting industry.








TRENDS

SAMPLE


COUNTRY

8. PERQUISITES & ALLOWANCES

OVERVIEW

Lorem Ipsum is simply dummy text.

EMPLOYEE LOANS


RECOGNITION AWARDS


FLEXIBLE SPENDING ACCOUNTS


ON-SITE DAYCARES


CAR & TRANSPORTATION BENEFITS


MEAL ALLOWANCES/ SUBSIDISED EATING FACILITIES


SERVICE AWARDS


EDUCATION


SAVINGS PLANS


HOUSING, COMPANY-PROVIDED OR ALLOWANCES


MOBILE PHONESOTHER PERQUISITES & ALLOWANCES


SAMPLE


COUNTRY

TAXATION OF PERQUISITES & ALLOWANCES

TAXATION OF CONTRIBUTIONS Lorem Ipsum is simply dummy text.

TAXATION OF PERQUISITES & ALLOWANCES Lorem Ipsum is simply dummy text.

TAXATION

PERQUISITES & ALLOWANCES

SAMPLE


COUNTRY

9. FLEXIBLE BENEFITS PROGRAMME

OVERVIEW

FLEXIBLE BENEFITS

PREVALENCE Lorem Ipsum is simply dummy text.

SAMPLE


COUNTRYEMPLOYMENT CONDITIONS

DEFINITION AND CONDITIONS OF FAIR AND UNFAIR TERMINATIONTo dolorpore et que qui cora quaerib erumquasimo bercipit eos ut od mi, as eum volendae molore, consequia velenis verum ut dus autendis dignihillis minvenit ut eum facim dolorepre num que esti dolliam fugitaque et abo. Nem hilles audit optam simus mos es eum quam lamus reptati ntiur? Se nisseni muscid utatem am, sitibus experorest aut faccat mi, consed ullame omniendest, et labo. De proreriorem consequas ma dolenis atusciuntus et rescitem sum simin prectur am aut quiduciist, sitatem porepre nisqui coreius aeribus accab imus eosam necerferro conseque non et iliquae verferc hitatis escit eatur, nullaut esto dolorro quiam resti iduscie nimus.Luptate none doluptatur?

► Volorep edigenitat intium net experuntur siminusda nos doluptam qui ut et offici doluptat.

► Sed qui quas eum quo vollit lias alignisti ium, solupti busdae essunt.

Oluptis doluptus ut proratem ex enis iminci dolores equodis conserchiti blaborerit volora cum dolecum fugiaerum asini bercid maio que eum volupta tiaspiciae lam simagnimpore pa verum seris sandipiet lab illorem reium volupid eribusam fugit, occuptatur?Endantibusa sequianto quibus, te peliquo et ipis audiscilita solupta tataern atquis dunt optas doles dolupti anienia paribus eumquo totati dolenda etur rerferf eritis rem harum, se reictur?

Sandia quiat. Aximus delistrum ipsunda epreseria quasimil in recerum, elique pero excere et rempos ist, nis as aut evel isti res abo. Et verio dendunt eiur?

Ehenis ab inciat. Endellenimin ea aut rem quis eum unt quis sunt qui corerum nam volorio voluptium autemperum volore is que cori ut magnia que sintisq uationsequi demposa pelles dolesecatio con rehenis dis dipsum aut hilis et plis etur?

1. SEVERANCE CONDITIONS & TERMINATION INDEMNITIES

INDIVIDUAL TERMINATION

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COMPANY NOTICE PERIODTur sed enim reprovidem nisquae vollaut elesequ iaspelique consequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volorei umquas debis sinvero odigenes sandae quasi omnit, ea et omnim hil event audis entiaspiciet prati bea consequ untissit, omnis dolescium adione nis molorem que pedio es exerum atum solest ea sunte mo ma consequo que ne volorem quatios exerrovide corum faceseque et ut volor aborem id minctet velit est velessi res rem lit eata impos doluptus.

EMPLOYEE NOTICE PERIODUr sum ea dus quatus ea vendion peror aut faciunducia volupta quatecepre nulpa am aute volupti is velicte et fuga. Ut vitia voluptas is aut iusam, abo. Enditi omnia cum facea prae cum est, consequideni nis doluptatem labore adis eos dia coreiciur? Pudis nullica borepud.

PAY-IN-LIEU OF NOTICE PERMITTEDUr sum ea dus quatus ea vendion peror aut faciunducia.

OTHER REQUIREMENTSUr sum ea dus quatus ea vendion peror aut faciunducia.

BENEFITS PAID ON INVOLUNTARY TERMINATION OF SERVICEUr sum ea dus quatus ea vendion peror aut faciunducia, Ur sum ea dus quatus ea vendion peror aut faciunducia

BENEFITS PAID ON VOLUNTARY RESIGNATION Ur sum ea dus quatus ea vendion peror aut faciunducia.

DESCRIPTION OF FINANCINGUr sum ea dus quatus ea vendion peror aut faciunducia volupta quatecepre nulpa am aute volupti is velicte et fuga. Ut vitia voluptas is aut iusam, abo. Enditi omnia cum facea prae cum est, consequideni nis doluptatem labore adis eos dia coreiciur? Pudis nullica borepud.

SEVERANCE CONDITIONS & TERMINATION INDEMNITIES

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COLLECTIVE DISMISSAL

DEFINITION AND CONDITIONS OF COLLECTIVE DISMISSALTur sed enim reprovidem nisquae vollaut elesequ iaspelique consequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volore.

COMPANY NOTICE PERIODUr sum ea dus quatus ea vendion peror aut faciunducia.

PAY-IN-LIEU OF NOTICE PERMITTEDUr sum ea dus quatus ea vendion peror aut faciunducia.

OTHER REQUIREMENTSUr sum ea dus quatus ea vendion peror aut faciunducia.

BENEFITS PAID ON COLLECTIVE DISMISSALConsequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volore.

DESCRIPTION OF FINANCINGconsequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp.

OTHER COMMENTSconsequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp.

SEVERANCE CONDITIONS & TERMINATION INDEMNITIES

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2. WORKING TIME

WORKING HOURS Tur sed enim reprovidem nisquae vollaut elesequ iaspelique consequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volore.

OVERTIME Consequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volore.

NIGHT WORK Consequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volore.

REST PERIODS Consequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volore.

SAMPLE


COUNTRY WORKING TIME

ANNUAL VACATION & LEAVE MANDATORY VACATION ENTITLEMENT Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

SUPPLEMENTAL VACATION PROVIDEDConsequam qui di ne amenit mi, sum quibus, accab ist facestibus rateculla doluptasima dit, cus magniminte voluptatia nobitam hilique con excepe nobis ut et eici odictis imagnim illuptio quatio velit et ventistrum ventemp orecus ut qui incidissusa volorpore rernatae mintis volorest aute volore.

OPTIONS FOR CARRY-FORWARD OF UNUSED VACATION DAYS Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

OPTIONS FOR PAY-OUT IN CASH OF UNUSED VACATION DAYS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

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VACATION BONUS Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

MANDATORY PUBLIC HOLIDAYS ENTITLEMENTPublic holidays are:

WORKING TIME

*These holidays may fall on a Saturday or Sunday.

PUBLIC HOLIDAY 2017 2018 2019

DUIS AUTE January 1 January 1 January 1

VOLUPTATE January 6 January 6* January 6*

VELIT ESSE February 27 February 19 March 11

VOLUPTATE March 25* March 25* March 25

DUIS AUTE April 1* April 1* April 1

VOLUPTATE April 14 April 6 April 26

DUIS AUTE April 15 April 7* April 27*

VOLUPTATE May 1* April 16 April 8

DUIS AUTE April 16* April 8* April 28*

VOLUPTATE April 17 April 9 April 29

DUIS AUTE May 1* May 1 May1

VOLUPTATE June 5 May 28 June 17

DUIS AUTE August 15 August 15 August 15

VOLUPTATE October 1* October 1 October 1SAMPLE


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SUPPLEMENTARY PUBLIC HOLIDAYS PROVIDED xcepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

SICK LEAVE Xcepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. xcepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum. xcepteur sint occaecat cupidatat non proident,

MATERNITY LEAVE Sed ut perspiciatis unde omnis iste natus error sit.

PATERNITY LEAVE Sed ut perspiciatis unde omnis iste natus error sit.

PARENTAL LEAVE Sed ut perspiciatis unde omnis iste natus error sit.

BEREAVEMENT LEAVEAt vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est

MISCELLANEOUS PAID LEAVEAt vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est

MISCELLANEOUS UNPAID LEAVEAt vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est

WORKING TIME

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At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Temporibus autem quibusdam et aut officiis debitis aut rerum necessitatibus saepe eveniet ut et voluptates repudiandae sint et molestiae non recusandae. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

► Lorem Ipsum is simply dummy text of the printing and typesetting industry.



Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua.

EMPLOYMENT OF EXPATRIATES Sed ut perspiciatis unde omnis iste natus error sit voluptatem accusantium doloremque laudantium, totam rem aperiam, eaque ipsa quae ab illo inventore veritatis et quasi architecto beatae vitae dicta sunt explicabo. Nemo enim ipsam voluptatem quia voluptas sit aspernatur aut odit aut fugit, sed quia consequuntur magni dolores eos qui ratione voluptatem sequi nesciunt. Neque porro quisquam est, qui dolorem ipsum quia dolor sit amet, consectetur, adipisci velit, sed quia non numquam eius modi tempora incidunt ut labore et dolore magnam aliquam quaerat voluptatem. Ut enim ad minima veniam, quis nostrum exercitationem ullam corporis suscipit laboriosam, nisi ut aliquid ex ea commodi consequatur? Quis autem vel eum iure reprehenderit qui in ea voluptate velit esse quam nihil molestiae consequatur, vel illum qui dolorem eum fugiat quo voluptas nulla pariatur?

3. CONDITIONS OF ENTRY & RESIDENCE CONDITIONS OF ENTRY

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Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

CONTENTS

Lorem ipsum dolor sit amet, consectetur adipiscing elit:

► Lorem Ipsum has been the industry’s standard dummy text







4. CONTRACT OF EMPLOYMENT

GENERAL CHARACTERISTICS

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TYPES OF CONTRACTS

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

DURATION It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

TRIAL PERIOD PRIVATE SECTORIt was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

GOVERNMENTAL AND SEMI-GOVERNMENTAL SECTORSIt was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

INVALID CONTRACTS Lorem Ipsum is simply dummy text of the printing and typesetting industry.

CONTRACT OF EMPLOYMENT

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OBLIGATIONS OF THE PARTIES

EMPLOYER OBLIGATIONSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

EMPLOYEE OBLIGATIONSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book.

CONTRACT OF EMPLOYMENT

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5. OCCUPATIONAL HEALTH & SAFETY

MEASURES OF OCCUPATIONAL HEALTH AND SAFETYLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

WOMEN Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

MINORS Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged.

RULES AND IMPLEMENTATIONLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.SAMPLE


COUNTRY

SOCIAL PARTNERS

EMPLOYER ORGANISATIONSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

TRADE UNIONSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

COLLECTIVE AGREEMENTSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

6. INDUSTRIAL RELATIONS

SAMPLE


COUNTRY INDUSTRIAL RELATIONS

INDUSTRIAL ACTION

STRIKES AND LOCKOUTSLorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry’s standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

SAMPLE


ABOUT THIS REPORT

Mercer’s Data Mining & Insights (DM&I) team coordinates sources across all lines of Mercer’s business including Retirement, Health, and Talent, in each local market. Where Mercer does not have a physical presence, the DM&I team works with local vendors to ensure an update is conducted. Over 150 subject matter experts are involved in this update.

Mercer’s International Consulting Group then peer reviews the content as a final verification.

The 2017 edition includes information in the economic environment section: gross domestic product (GDP), inflation, and unemployment economic data for 2015, 2016, and 2017. Also provided are details of the composition of the total population, working age, and economically active groups. All population data presented as part of the economic environment for each country are reported in thousands.

The exchange rate details in EUR and USD are as of April 2017.

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WORLDWIDE BENEFIT & EMPLOYMENT GUIDELINES — SAMPLE

GROSS DOMESTIC PRODUCT (GDP) The output of goods and services produced by labour and property. GDP has five main components: private consumption expenditure, fixed capital formation, increase in stocks, government consumption expenditure, and the net of exports of goods and services less imports of goods and services. The GDP data in this report refers to percentage change over the previous year’s GDP, at a constant price.

INFLATIONA term that refers to increases in prices for a constant market basket of goods. It is the average annual change in the consumer price index, which may differ from end-of-year figures. The cause of inflation is a general increase in the money supply, without a corresponding increase in the amount of goods and services available.

UNEMPLOYMENT RATE The percentage of economically active persons wholly unemployed or temporarily laid off. Unemployment generally comprises all persons above a specified age who, during the reference period, were without work, currently available for work, and seeking work. National definitions of employment and unemployment differ from country to country.

TOTAL POPULATION The total population comprises persons of all ages who were living in the country during a specified time-reference period, regardless of residency status or citizenship. The population size is provided in thousands.

WORKING AGE POPULATION The working age population comprises all persons above a specified minimum age threshold for which an inquiry on economic activity is made. For purposes of this report, the working age population is defined as persons aged 15 to 64 years. The actual working age varies from country to country. The population size is provided in thousands.

ECONOMICALLY ACTIVE POPULATION Economically active population comprises all persons of either sex who furnish the supply of labour for the production of economic goods and services during a specified time-reference period. The population size is provided in thousands.

ECONOMIC MARKET LABOUR MARKET

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ACCIDENTAL DEATH AND DISMEMBERMENT (AD&D) COVERAGEInsurance protection that pays out upon the insured’s death, if death is the result of an accident. AD&D also provides benefits for the accidental loss of hands, feet, sight, speech, or hearing.

ACCOUNT-BASED PENSIONA defined contribution (DC) retirement account that is drawn down regularly for “pension payments.” The pension ceases when the account balance runs out. The individual must draw down a mandatory minimum amount each year, depending on age.

ACQUIRED RIGHTS The legal notion that once an employer provides an employee with a benefit on a regular basis, there is a contractual agreement between the employer and the employee to continue to provide that benefit.

ACTUARIAL VALUATIONValuation by an actuary to determine benefit liability and test future funding or current solvency of the value of the pension fund’s assets with its liabilities.

BENEFICIARYA person or legal entity designated as the recipient of any benefits provided by life insurance and/or an accidental death and dismemberment plan or from a benefactor.

BENEFITS DEFINITIONS BEREAVEMENT LEAVE Paid time off to which an employee is entitled for the death of a close relative. Book reserve plan: A retirement arrangement funded through allocations on a company’s balance sheet.

CAP(1) The total incentive opportunity a sales representative can earn in a given period. (2) A cap on other pay elements (for example, an expatriate allowance). Also known as a maximum, lid or ceiling.

CHILDCARE LEAVELeave for female and male employees who take care of their child; it is provided after maternity leave.

CHILDCARE SUPPORTThe support provided by an organisation in various ways to look after dependant children.

CHRISTMAS BONUSThe annual guaranteed bonus associated with Christmas.

CLAIMA demand to the insurer by, or on behalf of, the insured person for benefit payment under a policy. Although medical billing personnel process many claims, sometimes the individual may need to make direct payments to the medical provider and be reimbursed by the policy.SAMPLE

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CLAIMS BASE Actual incurred claims for the employee base during the previous two- or three-year period under the same benefits plan.

CLAIMS FIDUCIARY A fee assessed to a client by the insurance company to take on a liability for them. A fiduciary relationship field exists when a self-funded client hires an insurance firm to control its claims. The client uses the insurance company’s specialised skill of processing health insurance claims.

CLAIMS REVIEW Review of claims by government, medical foundations, professional standards review organisations (PSROs), insurers, or others responsible for payment to determine liability and payment amount. The review may include determination of the claimant’s eligibility; of the provider’s eligibility so the benefit is covered; that the benefit is not payable under another policy; and that the benefit was necessary and of reasonable cost and quality.

CLAIMS SHARING A payment method that involves the employer and employee paying a set portion of the bill in terms of a percentage or a fixed amount.

CLOTHING ALLOWANCE The annual guaranteed cash allowance for uniform- or other dress-related expenses.

CLUB SUBSCRIPTION An annual subscription fee for golf club or equivalent membership.

COEFFICIENT OF DETERMINATION The proportion of variation in the dependent variable that can be attributed to the relationship with another variable or a combination of variables. It has values between 0.0 and 1.0. For simple linear regression, it has a value equal to the square of the correlation coefficient.

COINSURANCE An arrangement under which the covered person pays a fixed percentage of the cost of medical care after the deductible has been paid. For example, an insurance plan might pay 80% of the allowable charge, with the insured individual responsible for the remaining 20% (the coinsurance amount).

COLLECTIVE BARGAINING AGREEMENT An agreement between employee groups and employers that details work conditions, including work hours, vacation and holiday entitlements, termination of service provisions, and sometimes benefit entitlements. These agreements may be specific to one company or industry or apply nationally.

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COMPANY CAR A car provided to an employee on the basis of status, not job need. It is a benefit only for employees who can use company cars for private use on an ongoing basis.

COMPENSATION Cash and noncash remuneration provided by an employer to an employee for services rendered.

COMPRESSED WORK WEEK An alternative work schedule, such as four 10-hour days or more complicated rotations that produces extended “weekends.”

CONSUMER PRICE INDEX (CPI) A statistical indicator of the cost of living published by an official government statistical agency, measuring the changes in prices of a fixed market basket of goods and services purchased by a hypothetical family; it usually includes housing and education costs (except where education is mostly financed by the government).

CONTRACTED SALARY The salary stated in a labour contract.

CONTRIBUTORY PLAN A group insurance plan issued to an employer under which both the employer and employee contribute to the plan’s cost.

COST-OF-LIVING ADJUSTMENT An across-the-board wage and salary increase or supplemental payment designed to bring pay in line with increases in the cost of living to maintain real purchasing power.

COVERED WAGES The amount of employee wages or salaries used to determine corresponding benefit amounts (for example, pension calculations are usually based on salary and normally do not include variable compensation such as bonuses).

CRITICAL ILLNESS COVERAGE Coverage that pays living benefits upon the diagnosis of a critical illness regardless of treatment, actual expenses, or other insurance coverage.

DEATH-IN-SERVICE LUMP-SUM A payment covering death due to any cause, which is provided to the spouse, registered civil partner, or family, depending on the country and plan rules.

DEATH-IN-SERVICE PENSION A pension covering death due to any cause, typically as a provision of a defined benefit (DB) plan. Post-retirement death is usually in the retirement plan value (built into the annuity factor). This pension, provided to the spouse or a registered civil partner, depends on the country and plan rules. Actual payout may be as a pension or lump-sum equivalent.SAMPLE

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DEDUCTIBLE The amount of eligible expenses that must be incurred and paid by an insured member before benefits become payable. It is a special cost-containment measure, wherein the claim is not payable up to a certain amount mentioned in the policy.

DEFINED BENEFIT (DB) PLAN A retirement plan where employee benefits are allocated based on a formula, using factors such as salary history and employment duration. It does not specify the level or rate of employer contributions; contributions are determined actuarially on the basis of benefits expected to become payable. The plan promises the participant a specific monthly benefit at retirement; the benefit may be accrued as a lump-sum (one large payment converted to pension at retirement) or pension. There may be additional employee contributions, depending on country-specific legislation and plan design. The employer makes contributions to fund future benefits, with risks (investment, salary increases, inflation) transferred to the employer.

DEFINED CONTRIBUTION (DC) PLAN A retirement plan where a certain amount or percentage of money is set aside each year by a company for the benefit of the employee. It provides an individual account for each participant, with benefits based on the amount contributed into the plan, income, expenses, gains, and losses. The ultimate benefit is the accumulated value of the contributions paid by both the employer and employee. A DC plan with benefit at retirement age is equal to the accumulated contribution plus interest or a fixed formula benefit, whichever benefit is higher. At retirement, the employee converts collected funds into

a life pension. The plan guarantees the contribution amount (fixed amount or percentage of salary), not the benefit level (which is a function of the total contribution and rate of return on accumulated capital). The contribution amount may vary depending on different factors (age, level, service), country-specific legislation, and plan construction. It transfers the risks (investment, inflation) to the employee.

DEPENDANT COVERAGE Coverage extended to the spouse and dependant children of the insured head of a family.

DISABLEMENT Inability to work due to a substantial physical, intellectual, or psychiatric impairment.

EARNINGS Total wages or cash received during a specified period (for example, pay period, month, year) for time worked or service rendered, including all regular pay, overtime, premium pay, bonuses, and so on.

EFFECTIVE DATE (1) The date on which a benefit plan or insurance policy takes effect, and from which time coverage is provided. (2) The date on which increases in salary or pay rate take effect.

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ELIGIBILITY FOR PLAN The basis for determining the individuals or employee classes eligible to participate in a particular plan, such as an incentive or supplemental benefit plan. The employer may base this eligibility on salary, job grade, organisation unit or function, or a number of other criteria.

EXPATRIATE An employee assigned to live and work outside the home or base country temporarily (usually for one-to-five years), other than for a short-term assignment or permanent transfer. Also known as a foreign-service employee or international assignee.

FAMILY (CARE) LEAVE Time off, either paid or unpaid, provided to employees (male or female) to care for their own serious medical condition or a seriously ill family member, new baby, or adopted child. Family leave policies are usually broader than parental leave policies.

FLEXIBLE BENEFITS A programme where employees choose, within limits, the benefits provided by the employer. It follows the idea that individual employees have a better understanding of their benefit needs than the employer does.

FLEXIBLE BENEFITS COMPONENT A noncash option to which employees can choose to allocate beforeand/or after-tax salary. Employees typically take these items as salary sacrifices, which reduce taxable salary — and, hence, pay-as-you-go (PAYG) tax — as shown on the payment summary. Some items are subject to fringe benefit tax (FBT).

HEALTH INSURANCE A plan that covers or shares the expenses associated with healthcare. It covers expenses for sickness or injury, including insurance for losses from accident, disability, medical expense, or accidental death and dismemberment (AD&D).

HOLIDAYS Specific days when most employees do not work but are paid as if they did. Employees who work on such days typically receive premium pay or compensatory time off. The number of paid holidays granted by employers varies considerably by industry and, to a lesser extent, by geographic region.

HOSPITALISATION COVERAGE Expenses on hospitalisation for a minimum period of 24 hours, which are admissible under a policy. This time limit does not apply to specific treatments defined under day-care treatment in a hospital or nursing home.

HYBRID BENEFIT PLAN A mixture of defined benefit (DB) and defined contribution (DC) features in a single plan. Companies may provide DB plans to existing employees and DC plans for new hires (in effect, two separate plans) under retirement benefits. Examples include:

► A DC plan that provides a guaranteed minimum DB payment upon retirement.

► A DC plan with benefit at retirement age equal to accumulated contributions plus interest or a fixed formula benefit, whichever benefit is higher.SAMPLE

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INCLUSIONS Benefits provided in a specific policy in addition to benefits offered in the policy coverage.

INPATIENT An individual admitted to a hospital as a registered bed patient for treatment by a physician for at least 24 hours.

INPATIENT SERVICES Services provided under the direction of a physician for at least 24 hours to an individual admitted to a hospital as a registered bed patient.

INSTALMENT VESTING A characteristic of some retirement plans by which employees’ matching contributions are exercisable in a series of successive instalments. Vesting occurs over a period, typically three-to-five years.

INTEGRATION OF BENEFITS In the context of retirement plans, a coordination of plan benefits or contributions with social security. Integration allows more benefits or contributions for higher-paid employees due to the fact that, once they retire, a smaller percentage of their pre-retirement earnings will be paid by social security.

INVOLUNTARY TERMINATIONS The number of employees dismissed by a company during the 12-month period of the most recently ended calendar year. It includes only full- or part-time permanent staff; it does not include contract or casual staff.

LOCKOUT A temporary company shutdown by the employer, or a situation whereby the employer bans a number of employees from reaching their workplace, with the aim of forcing employees and the union to abandon their claims and demands.

LONG-TERM CARE (LTC) Assistance provided to employees or their family members who are unable to provide for themselves as the result of a disability or prolonged illness. Unlike other healthcare benefits, LTC premiums can be payable from the employee’s cheque only on an after-tax basis, with the premium waived while the employee is receiving benefits. The premiums increase with age. LTC involves custodial care given at home or in a nursing home for people with chronic disabilities and lengthy illnesses.

LONG-TERM DISABILITY (LTD) COVERAGE Coverage that protects employees from catastrophic illness or injury that permanently disables the employee from any kind of employment. Benefits may take the form of a pension or lump-sum.SAMPLE

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LUMP-SUM PAYMENT The delivery of a compensation element, such as a mobility premium, paid in one (or more) sum(s), as compared to a foreign-service premium, which is typically paid on an ongoing basis throughout the assignment. Payment of more than one component of expatriate-related compensation without separate identification of the components.

MANDATORY PRACTICE The benefits provided by social security or mandatory employer-sponsored plans.

MANDATORY TERMINATION INDEMNITY A lump-sum payment that must be made by the company (or that has been prefunded by the company, possibly through an outside agency other than social security) when an employee retires.

MATERNITY AND PRE-/POST-NATAL CARE Preventive care programmes for female employees that provide health coaching and improve awareness for managing maternity and labour.

MATERNITY BENEFIT The treatment taken in a hospital arising from, or traceable to, pregnancy and childbirth.

MATERNITY LEAVE A leave of absence for female employees before and after childbirth.

MEAL ALLOWANCE An annual guaranteed cash allowance for subsidised meals or luncheon vouchers.

MEDIAN The middle item in a set of ranked data points containing an odd number of items. When an even number of items are ranked, the median is the average of the two middle items. Also known as the 50th percentile.

MEDICAL INSURANCE Insurance that can cover costs of hospitalisation, outpatient, surgery, and others; it is a supplemental insurance in addition to statutory health insurance.

NORMAL RETIREMENT AGE (NRA) The age at which a person may first become entitled to full or unreduced benefits based on age.

OUTPATIENT A provision for coverage for employees’ outpatient visits to general practitioners (GPs) and specialists. An individual who receives healthcare services on an outpatient basis and does not stay overnight in a hospital or inpatient facility. Services provided to an individual who is admitted to a hospital or clinic for treatment that does not require an overnight stay.SAMPLE

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OVERTIME PAY A payment for work outside ordinary work hours or for time worked in excess of standard hours during the reporting period.

PART-TIME EMPLOYEE An employee who may be hired for jobs other than skilled or unskilled, manual or clerical, for any period as per the terms agreed between the parties.

PATERNITY LEAVE A leave of absence for male employees after childbirth.

PAY AS YOU GO (PAYG) A system whereby businesses and individuals can pay instalments of expected tax liability on income from employment, business or investment for the current income year.

PENSION A sum of money paid as a series of regular payments to an individual as a retirement benefit.

PERMANENT EMPLOYEE An employee engaged in work of a permanent nature likely to last for more than nine months and who should have satisfactorily completed a probationary period of three or six months.

PERQUISITE A benefit or “perk” tied to a specific key or management level job (for example, a company car for personal use, free meals, financial counselling, or use of company facilities). A perk’s status value often exceeds its financial value. It is an incident payment, privilege, or advantage over and above the regular income, salary or wages.

PLAN DOCUMENT The document governing the benefit plan, and defining the benefits provided by the plan and the rules for administering it. It is a legal document, so the plan terms are binding, and usually lengthy and difficult to read.

POINT OF ORIGIN The city/country of primary residence in the expatriate’s home country prior to the assignment; the location to which the company agrees to return the assignee for home leave and at repatriation.

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PREMIUM (1) The extra pay, beyond the base wage rate for work performed outside or beyond regularly scheduled work periods (for example, Sundays, holidays, weekends, night shifts). Also known as a differential. (2) The extra pay for high-demand knowledge or skills. Also known as a differential. (3) In an international context, an incentive paid to expatriates for undertaking a foreign assignment; it is typically 10%–20% of base pay and continues month to month for as long as an employee is an expatriate. (4) In a benefits context, the amount paid to a health plan or insurance company by an employer or beneficiary for health insurance coverage; it can be a flat monthly or quarterly fee.

PROBATION PERIOD An evaluation period for newly hired employees. It is usually the first three or six months of employment (as per company policy), during which an employment contract can be terminated by either party with prior notice.

PROBATIONARY CONTRACT A contract for employees provisionally hired to fill a permanent vacancy and who have not completed a probationary period of three months.

PROVIDENT FUND A fund that pays benefits to employees who are fund members upon termination of their employment.

PUBLIC HOLIDAY A statutory and local public holiday at the place of work in addition to holidays.

REIMBURSEMENT A payment that compensates the employee exactly for all or an agreed part of an expense already incurred (for example, kilometre reimbursement while travelling for business), although not necessarily disbursed. The employer considers the expense to be its own, and the employee incurs the expenditure on behalf of the employer.

REMUNERATION A term interchangeable with compensation, relating to all monies, perquisites, and benefits delivered to an employee in exchange for services.

RETRENCHMENT The process of terminating workers’ employment contracts to reduce the costs of running a business or organisation. The employees generally receive financial compensation according to law or per a formula decided by the company.

RIDER A clause that indicates whether a benefit is financed as part of another policy (for example, a dental benefit may be a rider to a medical plan).SAMPLE

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SEVERANCE AMOUNT The money in addition to wages and any other money an employer owes employees when their employment ends, such as through a mass layoff.

SEVERANCE/BENEFITS CONTINUATION Continuation of an employee’s salary after termination, paid either in a lump-sum or on a continuation basis. The amount is usually on the basis of the employee’s length of service. Benefits continuation may be part of a severance package to provide continued coverage under the medical or other benefit plans for the employee and/or dependants for a period after termination.

SEVERANCE PAY The average pay and benefits package given to employees who left the organisation during the 12-month period of the most recently ended calendar year. It includes all the necessary payments, such as leave entitlement, medical continuity benefits, and so on.

SHORT-TERM DISABILITY (STD) COVERAGE An insurance that covers a percentage of an employee’s lost salary in the event of a temporary injury or illness that can last for a few weeks.

SICK LEAVE Paid time-off for employees suffering from illness or nonoccupational injury. The employer usually coordinates or integrates it with short-term disability (STD) plans.

SOCIAL SECURITY The comprehensive federal programme of benefits providing workers and their dependants with retirement income, disability income, and other payments, funded by social security tax.

STATUTORY REQUIREMENT A provision or law enacted, regulated, or authorised by a legislative body.

STEP-RATE FORMULA The method for determining a benefit on compensation above the social security integration level in a defined benefit (DB) plan.

STRIKE A “turn out” or cessation of work organised by employees in any industry, acting in combination, to protect their professional and economic interests. Partial stoppages of work, hunger strikes accompanied with cessation of work, sit-ins, and “pen-down” strikes all fall within the definition of strike.

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SUPERANNUATION A monthly payment to an individual who has retired from work. An organisational pension programme created by a company for the benefit of its employees, whereby employees have the option of contributing a certain amount towards their pension payment.

SUPPLEMENTAL PLAN A plan serving as a supplement or addition to a basic plan. Also known as an ancillary plan or voluntary plan.

TERM LIFE INSURANCE A renewable life insurance contract that specifies beginning and ending dates for coverage and has no cash value at termination. It provides financial protection to an employee’s dependants against the employee’s loss of life due to any cause (natural, accidental, or otherwise) to the extent of the sum assured and opted for by the company.

TERMINATION The act of ending an employee’s employment for any reason.

TERMINATION INDEMNITY A legally required payment due to the employee upon dismissal or retirement. These payments can be extremely high in certain countries and, at times, may be payable under any termination circumstances, including the employee’s voluntary resignation.

TOTAL PERMANENT DISABILITY A condition where an individual has been continuously absent from work through injury or illness for a specified period and has become incapacitated to the extent that the individual can never engage in any work for which he or she is suited by education and training.

VESTING Acquisition by a plan member of an absolute right to an immediate or deferred benefit by fulfilling prescribed conditions, especially service requirements. The process (time period) by which employees accrue nonforfeitable rights over employer contributions that are made to the employee’s qualified retirement plan account. The right of an employee to all or a portion of benefits accrued, attributable to employer contributions, that is not contingent upon a participant’s continuation of employment. Employer contributions vest according to a schedule defined by the plan and are usually based on years of service.

VESTING PERIOD The time required for options/shares/performance units/long-term cash to vest and (in the case of options) become exercisable in full. It refers to all plan types.

VOLUNTARY CONTRIBUTION A contribution in addition to the mandatory contribution that a member can pay to the retirement scheme to increase future retirement benefits.SAMPLE

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VOLUNTARY PLAN Also known as ancillary plan.

VOLUNTARY SEPARATION The termination of employment where the employee initiates the separation process through resignation.

VOLUNTARY TERMINATION The number (headcount) of employees who resigned or retired voluntarily during a 12-month reporting period.

WAITING PERIOD A specific period set forth in an insurance policy or healthcare plan document that requires an individual to wait a certain period before being eligible for coverage under the plan. For example, a healthcare plan may require an individual to wait 90 days before coverage under the plan is permitted, and to have healthcare expenses paid or reimbursed for services or treatment received from a healthcare provider. Working hours per day: The number of hours an employee works in a day, exclusive of lunch and other breaks.

WORKING HOURS PER WEEK The minimum hours an employee needs to work during a work week. The work week and working hours may vary based on gender, country, and industry/sector.

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

Copyright 2017 Mercer LLC. All rights reserved. 17-WBEG-SAMPLE

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2017 WORLDWIDE BENEFIT & EMPLOYMENT GUIDELINES

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