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Mercer, the human resources and management consulting firm, announced the results of the 2019 Wages and Benefits Act, which set out general trends and practices in pay and benefits. According to the survey, updated with the increase in end-of-year inflation forecasts, the rate of increase in private sector wages, estimated at 16% in September 2018, was 22% to October 2018.
In addition to salary increase rates, the results of the research are remarkable. In 2019, companies participating in the survey are particularly examining the policies related to business tools.
Looking at the sectoral distribution of the survey 28 percent of mining and metals, the automotive industry 26 percent, energy 26 percent, 24 percent and production logistics , to increase wages 23 percent above the average of Turkey appears as the sector with expectations.
BUSINESSES WILL PROVIDE ADDITIONAL EMPLOYMENT IN 2019
According to the results of the 2019 salary and benefits survey; In 2019, 50% of companies plan to increase the number of their employees. 46% of the number of employees, there will be no increase or decrease. Despite fluctuations in the economy, it should be noted that these ratios did not show any significant difference in 2019 compared to the last two years.
According to the results of the study, 40% of companies said that they would achieve or increase their workforce in 2018 due to high inflation and devaluation. 85% of companies that increase their salaries will do so by a certain percentage, while 15% will make a collective lump sum payment.
INVESTMENT IN ANTICIPATED RIGHTS
According to Mercer's 2019 Salary and Benefits Survey, 15% of companies have flexible supplemental benefit programs. 12% of companies implementing this program offer their employees the opportunity to benefit from advantageous prices and exemptions by offering budget facilities to reduce their budget. 7% of companies invest in additional benefit programs. According to the survey, 20% of companies also participate in the program of additional benefits on the production line.
REVIEW OF BUSINESS INTERMEDIATE POLICIES
According to the Mercer salary and benefits survey conducted in 2019 olerak, complementary health insurance, presented as a new element, is favored. While 30% of employees prefer complementary health insurance, 77% of companies offer complementary health insurance to their employees, which includes the benefits of outpatient treatment.
According to the survey, 51% of spouses and children of the company are included in the scope of the health insurance application. In 14% of companies, employees pay a portion of their health insurance premiums, while in 38% they pay a portion of their family's premiums. While 51% of companies cover health spending on eyeglasses, 34% of companies have a health insurance coverage structure corresponding to their positions. 68% of companies are covered by health insurance. 63% of companies are at the director level, 44% of them are at the management level and 25% of them control all their employees through health insurance.
Source: Freedom
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