Benefits come and benefits go, affecting family lifestyle, government expenditure, and employer policy. In the last 10 years, employees worldwide have witnessed a significant increase in maternity benefit generosity, according to an analysis of a decade of Mercer’s annual Worldwide Benefit and Employment Guidelines (WBEG). The 2014 WBEG is now available and includes in-depth data for 64 countries on trends, overviews, statutory and typical benefits, employment conditions, and more.
“Each country around the world, and even each region within certain countries, has its own practices and traditions regarding employee benefits,” says Samantha Polovina, the Mercer Principal responsible for the report. “That makes it especially challenging for multinational employers. Most of them are likely to have a core set of benefits that are available to all employees, but they also need to tailor benefit programs by country to meet these specific, local requirements and expectations.”
Learn more about benefit practices around the world.
For more information about this report, visit www.imercer.com/wbeg.