Pay and Benefits Outside The United States Chapter #16
Jan 12, 2016
Pay and Benefits OutsideThe United States
Chapter #16
HR has to develop pay packages
• Tough to do because other countries don’t keep data like the DOL. Look #392
North America
• NAFTA
• NAALC
Canada
• Monarchy and parliamentary democracy• 10 provinces and 3 territories• GDP $35,000• 17.9 million in workforce• Market based economy
• LOOK #395
Mexico
• A federal republic• 38 million in labor force• GDP $10,000
Brazil
• Federal Republic• 96.34 million in labor force• GDP $8,600
Argentina
• Democratic Republic• 15.5 in labor force• GDP $15,000
European Union
• Law of Member States• No concept of employ at will
France
• Democratic republic• GDP $30,100• 27.88 million in labor force
Germany
• Federal Republic• 5th largest economy• GDP $31,4000• 43.6 million in labor force
Italy
• Republic• 24.6 million in labor force• GDP $29,700
Russia
• Federation• 73.88 million workers• GDP $12,000
India
• Democratic• Federal Republic• 509 million workers• GDP $3,700
China
• Communist State• Fast growing economy• 798 million workers• GDP $7,600
South Korea
• Republic• 23.77 workers• GDP $24,000