Pay and Benefits Outside The United States

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