Pay and Benefits Outside The United States Chapter #16.

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Presentation transcript:

Pay and Benefits Outside The 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, million in workforce Market based economy LOOK #395

Mexico A federal republic 38 million in labor force GDP $10,000

Brazil Federal Republic 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, million in labor force

Germany Federal Republic 5 th largest economy GDP $31, million in labor force

Italy Republic 24.6 million in labor force GDP $29,700

Russia Federation 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 workers GDP $24,000