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Table of contents

8 Introduction

21 Report structure

22 Reading this report

8 Economic trends

23 Africa region

25 Americas region

27 Asia Pacific region

28Central & Eastern Europe region

30 Middle East region

31 Western Europe region

8 Promotional increase trends

23 Africa region

25 Americas region





8 Salary increase trends

23 Africa region

25 Americas region





47 Africa

135 Algeria

141 Angola

147 Botswana

153 Cameroon

159Democratic Republic of Congo

165 Egypt

171 Ethiopia

177 Gabon

183 Ghana

189 Guinea

195 Ivory Coast

201 Kenya

207 Madagascar

209 Malawi

213 Mauritius

219 Morocco

Note: You may find this report easier to navigate by using bookmarks. Watch this short video to learn more.

47 Africa

225 Mozambique

231 Namibia

237 Nigeria

243 Rwanda

249 Senegal

255 South Africa

261 Tanzania

267 Tunisia

273 Uganda

279 Zambia

285 Zimbabwe

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47 Americas

298 Argentina

304 Bolivia

310 Brazil

316 Canada

322 Chile

328 Colombia

334 Costa Rica

340 Dominican Republic

346 Ecuador

352 El Salvador

358 Guatemala

364 Honduras

370 Mexico

376 Mexico-Bajio

382 Mexico-Monterrey-Saltillo

388 Mexico-Reynosa

394 Nicaragua

400 Panama

406 Paraguay

412 Peru

418 Puerto Rico

424 Trinidad and Tobago

430 United States

436 Uruguay

Table of contents

8 Central & Eastern Europe

672 Armenia

678 Azerbaijan

684 Belarus

690 Bosnia and Herzegovina

696 Bulgaria

702 Croatia

708 Czech Republic

714 Estonia

47 Asia Pacific

449 Australia

455 Bangladesh

461 Cambodia

467 China-Beijing

473 China-Changsha

479 China-Changzhou

485 China-Chengdu

491 China-Chongqing

497 China-Dalian

503 China-Guangdong

509 China-Hangzhou-Ningbo

515 China-Hefei-Wuhu

521 China-Nanjing

527 China-Qingdao

533 China-Shanghai

539 China-Shenyang-Changchun

545 China-Suzhou

551 China-Tianjin

557 China-Wuhan

563 China-Wuxi

569 China-Xiamen-Fuzhou

575 China-Xian

581 Hong Kong

587 India

47 Asia Pacific

593 Indonesia

605 Japan

611 Malaysia

617 Myanmar

623 New Zealand

629 Pakistan

635 Philippines

641 Singapore

647 South Korea

653 Sri Lanka

659 Taiwan

665 Thailand

665 Vietnam

8 Central & Eastern Europe

726 Georgia

732 Hungary

738 Kazakhstan

744 Latvia

750 Lithuania

756 Moldova

762 North Macedonia

768 Poland

774 Romania

780 Russia

786 Serbia

792 Slovakia

798 Slovenia

804 Turkey

810 Ukraine

816 Uzbekistan

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47 Middle East

823 Bahrain

835 Iraq

841 Israel

847 Jordan

853 Kuwait

859 Lebanon

865 Oman

871 Qatar

877 Saudi Arabia

883 United Arab Emirates

889 Yemen

47 Western Europe

896 Austria

902 Belgium

908 Cyprus

914 Denmark

920 Finland

926 France

932 Germany

938 Greece

944 Ireland

950 Italy

956 Luxembourg

962 Malta

968 Netherlands

974 Norway

980 Portugal

986 Spain

992 Sweden

998 Switzerland

1004 United Kingdom

47 About this report

1011 Methodology

1016 Glossary

1016 About Mercer

Table of contents

SAMPLE

Salary increase figures are undoubtedly valuable to any HR or business manager responsible for budget planning; however, these data alone are insufficient to effectively plan ahead. Ensure you’re also accounting for local economic conditions when fixing a budget for salary increases, especially during this time of COVID-19 uncertainty.

Companies have struggled to determine the best course of action while facing this global pandemic, and various approaches have emerged. A large proportion of employers continue to monitor their situation, unclear of exactly what the future holds. Some companies decided to freeze their 2020 salaries in reaction to COVID-19, intending, at least for the moment, to implement increases in 2021. And some are planning to freeze salaries in 2021. Now, more than ever, it is important to remember that data alone cannot dictate these decisions; it truly is critical that all available information is taken into account.

Not all employees are alike

While many organizations strive to be egalitarian in their salary increases, some differentiate their salary increase substantially based on the employee’s career level. Whether due to local market conditions, public sentiment, labor relations, or legislation, some employees within a single market may see a dramatic shift in their salary increase from year to year. While this has been especially anticipated due to COVID-19, many markets are not yet showing a significant downward shift in salary budgets for 2021. In fact, while comparing 2021 and 2020 data, the data are generally indicating only a small decline in percentages (this year’s report includes the median and average to help identify small changes). Most employers are actively monitoring the situation, so further changes may be on the horizon. A considerable number of revisions (freezes or lowering of budgets) for 2020 were made in the first and second quarters of this year by some companies. It’s possible that changes to 2021 budgets will continue to be made well into the first quarter or next year, depending on when increases are planned to be implemented.

Introduction

Think it overFind answers to common questions that arise during the salary increase budgeting process:

• How might economic conditions affect the impact of salary increases on my workforce?

• Should my organization adjust salary increases based on an employee’s career level?

• Are the salary increases that my organization offers in a given market more or less than those offered in similar markets?

• Which markets are experiencing the greatest changes in salary increases?

©2020 Mercer LLC. 6 Global Compensation Planning Report — October edition — SampleSAMPLE

Report structure

The 2020 Global Compensation Planning Report (GCPR) offers salary increase forecasts for 145 markets in 124 countries around the world. With salary increase and economic data that cover the past (2019), current (2020), and upcoming (2021) years, this report is a critical resource for working HR professionals responsible for the annual compensation planning process.

The report has the following sections:

Economic trends The Economic trends section includes basic economic indicators (GDP change, inflation rate, and unemployment rate) for each market in the report. These key pieces of data are provided for each market, in a quick reference table format. Tables are organized by region.

Salary increase trends

The Salary increase trends section contains quick reference tables with salary increase data, including and excluding zeros, for each market in the publication.

Promotional increase trends The Promotional increase trends section includes country-level data on the median salary increase for promotion and the percentage of employees receiving a promotion.

Individual market

The Individual market pages offer specific data for individual countries (and, in some cases cities), including economic trends, base salary practices, mandatory pay increase schemes, promotional increases, and incentive programs. They also include details on the data sources used.

About this report

The About this report section delineates the methods of data gathering and cleaning used for the report and lists key definitions.


Salary increases excluding zeros

All employees

Note: Values represent total salary increase budgets (see Glossary for definition).

MarketMedian salary increases Average salary increases

2019 2020 2021 2019 2020 2021

Algeria 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Angola 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Botswana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Cameroon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Democratic Republic of Congo 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Egypt 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ethiopia 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Gabon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ghana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Guinea 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ivory Coast 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Kenya 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Madagascar 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Malawi 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Salary increase trends: Region name2019 Actual

2020 Estimated

2021 ForecastDat

a fo

r

Reading this report

SAMPLE DATA

Amounts are percentages and are provided, both excluding and including zeros (i.e., salary freezes).

All markets are organized by region.

The Salary increase trends section provides content for “all employees.”

The Economic trends and Salary increase trends sections provide three years of data for each market/country.

All salary increase tables and graphics are shaded blue.

A dash indicates data are not available. Some markets do not have 2021 forecasts available at this time.


Salary increase for promotion and percentage of employees receiving promotion

MarketMedian overall salary increase for promotion Percentage of employees receiving promotion

2018 2019 2020 2018 2019 2020

Algeria 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Angola 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Botswana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Cameroon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%


Egypt 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ethiopia 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Gabon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ghana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Guinea 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ivory Coast 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Kenya 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Madagascar 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Malawi 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Mauritius 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Morocco 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Mozambique 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Promotional increase trends: Region name2018 Actual

2019 Actual

2020 ForecastDat

a fo

r

Reading this report

SAMPLE DATA

These columns provide the median salary increase for a promotion. These amounts are representative of a percentage of base salary increase.

These columns provide the percentage of employees receiving promotion.


Economic trends

Gross domestic product change

Inflation rate

Unemployment rate

Base salary increases

Salary review frequency

Salary increase effective date

1.4% 2.5% 2.7%2019

Actual2020

Estimate2021

Forecast

1.4% 2.5% 2.7%2019

Actual2020

Estimate2021

Forecast

1.4% 2.5% 2.7%2019

Actual2020

Estimate2021

Forecast

Once a year

More often

No set review date

No formal policy

25%

25%

25%

25%

50% 25% 25%April March January

1st 2nd 3rd

MarketReading this report

SAMPLE DATA

Each individual market includes six pages of detailed content.

These figures indicate the percentage of companies that review salaries according to each listed time frame. Once a year is the most common practice in most markets.

This figure represents the percentage of companies that increase salaries in the month of April each year. The top three months are listed and may vary from one market to another.


Reading this report

Market


Salary increases including zeros

Median salary increases Average salary increases

2019 2020 2021 2019 2020 2021

All employees 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Executive 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Management 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Professional sales 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Professional nonsales 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Para-professional white collar 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Para-professional blue collar 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%


2019 2020 2021Actual Estimated Forecast


2019 2020 2021 2019 2020 2021

All employees 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Executive 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Management 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%






Median salary increases are reported for each career level, both excluding and including zeros.

The type of salary increase is noted below the table.

Average salary increases are also provided for each career level.

SAMPLE DATA

Separate tables are provided for excluding and including zeros.

This graphic indicates whether actual, estimated, or forecast salary increase budgets are being reported for the market.


Reading this report

Market

Short-term incentivesPromotional increases

Variable bonus by employee level

Eligible for bonusTarget bonus

(% of base salary)

Executive 9.3% 2.7%

Management 9.3% 2.7%

Professional sales 9.3% 2.7%

Professional nonsales 9.3% 2.7%

Para-professional white collar 9.3% 2.7%

Para-professional blue collar 9.3% 2.7%

2018

2018

2019

2019

2020

2020

3.4%

9.1%

10.0%

3.4%

9.1%

10.0%

Median overall salary increase for promotion (% of base salary)

Percentage of employees receiving promotion

SAMPLE DATA

This column indicates the percentage of companies that allow each career level to participate in a bonus program.

This column provides the median target bonus amount as a percentage of base salary. Short-term incentive definitions can be found in the Glossary.

This table provides the percentage of employees receiving a promotional increase.

This table indicates the overall median salary increase that companies reported for promotion, as a percentage of base salary.


Reading this report

Economic data

Data sources

Year Source Publication date


2019 International Monetary Fund, World Economic Outlook Database October 2020



Inflation rate




Unemployment rate



2021 International Monetary Fund, World Economic Outlook Database October 2020The majority of the economic data (GDP, inflation, and unemployment) are sourced outside of Mercer.

The data source is listed separately for each year as there are some instances where the source differs for one of the three years.

A detailed list of data sources can be found at the end of each set of country pages.

SAMPLE DATA


trendseconomic


Region name

MarketGDP change (%) Inflation rate (%) Unemployment rate (%)

2019 2020 2021 2019 2020 2021 2019 2020 2021

Algeria 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Angola -2.5% -2.5% -2.5% 29.8% 29.8% 29.8% 8.2% 8.2% 8.2%

Botswana 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Cameroon 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5%

Democratic Republic of Congo 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Egypt 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5%

Ethiopia 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Gabon 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5%

Ghana 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Guinea 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5%

Ivory Coast 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Kenya 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5%

Madagascar 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Malawi 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5%

Mauritius 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Morocco 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5% 3.5%

Mozambique 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6% 5.6%

Note: GDP change and inflation rate figures represent percentage change over the previous year.

Gross domestic product change, inflation rate, and unemployment rate

2019 Actual

2020 Estimated

2021 ForecastDat

a fo

r


trendssalary increase



All employees



2019 2020 2021 2019 2020 2021

Algeria 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Angola 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Botswana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Cameroon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%


Egypt 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ethiopia 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Gabon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ghana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Guinea 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ivory Coast 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Kenya 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Madagascar 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Malawi 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Mauritius 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Morocco 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Region name2019 Actual

2020 Estimated

2021 ForecastDat

a fo

r



All employees



2019 2020 2021 2019 2020 2021

Algeria 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Angola 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Botswana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Cameroon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%


Egypt 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ethiopia 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Gabon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ghana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Guinea 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ivory Coast 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Kenya 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Madagascar 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Malawi 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Mauritius 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Morocco 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Salary increase trends: Region name2019 Actual

2020 Estimated

2021 ForecastDat

a fo

r


trendspromotional increase


Salary increase for promotion and percentage of employees receiving promotion

MarketMedian overall salary increase for promotion Percentage of employees receiving promotion

2018 2019 2020 2018 2019 2020

Algeria 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Angola 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Botswana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Cameroon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%


Egypt 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ethiopia 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Gabon 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ghana 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Guinea 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Ivory Coast 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Kenya 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Madagascar 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Malawi 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Mauritius 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Morocco 8.1% 8.1% 8.1% 8.1% 8.1% 8.1%

Mozambique 6.5% 6.5% 6.5% 6.5% 6.5% 6.5%

Region name2018 Actual

2019 Actual

2020 ForecastDat

a fo

r


region©2020 Mercer LLC. 21 Global Compensation Planning Report — October edition — SampleSAMPLE

Economic trends


Inflation rate

Unemployment rate

Base salary increases

Salary review frequency

Salary increase effective date

1.4% 2.5% 2.7%2019 2020 2021

Actual/estimate Estimate Forecast

1.4% 2.5% 2.7%2019 2020 2021


1.4% 2.5% 2.7%2019 2020 2021


Once a year

More often

No set review date

No formal policy

25%

25%

25%

25%

50% 25% 25%April March January

1st 2nd 3rd

Market


Market




2019 2020 2021 2019 2020 2021

All employees 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Executive 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Management 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%






2019 2020 2021Actual Estimated Forecast


2019 2020 2021 2019 2020 2021

All employees 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Executive 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%

Management 6.5% 6.5% 7.0% 6.5% 6.5% 7.0%







Market

Percentage of companies reporting zero salary increases

2019 2020 2021

All employees 9.3% 0.0% 2.7%

Executive 9.3% 0.0% 2.7%

Management 9.3% 0.0% 2.7%

Professional sales 9.3% 0.0% 2.7%

Professional nonsales 9.3% 0.0% 2.7%

Para-professional white collar 9.3% 0.0% 2.7%

Para-professional blue collar 9.3% 0.0% 2.7%

Mandatory pay increase schemesMarket does not have a mandatory pay increase policy.


Market

Short-term incentivesPromotional increases

Variable bonus by employee level

Eligible for bonusTarget bonus

(% of base salary)

Executive 9.3% 2.7%

Management 9.3% 2.7%

Professional sales 9.3% 2.7%

Professional nonsales 9.3% 2.7%

Para-professional white collar 9.3% 2.7%

Para-professional blue collar 9.3% 2.7%

2018

2018

2019

2019

2020

2020

3.4%

9.1%

10.0%

3.4%

9.1%

10.0%

Median overall salary increase for promotion (% of base salary)

Percentage of employees receiving promotion


Market

Economic data

Data sources

Year Source Publication date





Inflation rate




Unemployment rate





Year Source Number of participants Publication date

Salary increases

2019 Mercer’s Salary Movement Snapshot 43 September 2019



Promotional increases

2018 Mercer’s Salary Movement Snapshot 43 December 2018



Short-term incentives

2020 Mercer’s Total Remuneration Survey 79 May 2020

Other data (policy content related to salary increases)

2020 Mercer's Total Remuneration Survey 79 May 2020

Salary increases, promotional increases, short-term incentives, other data

Data sources

Market


reportabout this


Data collectionData for this publication were collected from the following primary data sources:

• Mercer's Total Remuneration Survey (TRS)

• Mercer’s Salary Movement Snapshot (SMS)

• Mercer’s Latin America Economic Trends

• International Monetary Fund, World Economic Outlook Database

The Talent All Access® team referred to and collated published data from Mercer’s individual TRS reports for inclusion in this publication. Additional details on TRS can be found in the Glossary.

Note: Sources may differ for select markets; refer to the Data sources page in each set of country pages for more information.

Data analysisGCPR combines regional and local salary increase survey data to offer a global planning resource for Mercer’s clients. The basis for salary increase figures includes country survey data (TRS and SMS) and regional sources (such as

Mercer’s Latin America Economic Trends), which are locally and/or regionally peer reviewed, then integrated into GCPR. Regular quarterly reviews of GCPR online and in-between updates, if applicable, ensure that GCPR is up-to-date and provides the latest trends.

The results of other locally run Mercer reports may differ slightly to GCPR. This is largely due to the mix of companies participating in each of these surveys, and each set of data are considered valid according to the information provided. We recommend using more than one source of data to help determine salary increases to ensure you are gathering perspectives from all segments of a market.

StatisticsThe following statistics are presented in this report:

• Median or 50th percentile: The data point that is higher than 50% of all other data in the sample when ranked from low to high.

• Average: The sum of all data reported divided by the number of data observations in the sample. Also known as the mean.

• Prevalence: The percentage of companies that provided a response to a question with a defined number of

This section provides information on the methods of collecting, collating, and analyzing data for this publication. You will also find notes on exceptions and exclusions in the data and a list of data sources, relevant equations, and currency conversion rates along with a glossary of key terms.

options to choose from. For example, a single response question or a multiple response (select all that apply) style question.

• In single response questions, the sum of all responses may not equal 100% due to rounding.

• In multiple response questions, the sum of all responses will be greater than 100%.

• N or sample size: The number of companies that reported data for the statistic.

• Endash or “–”: The sample is too small to provide the statistic.

Data maskingTo ensure the confidentiality of all companies that provide data to Mercer’s surveys, statistics have been “masked” by displaying an endash or “–” when minimum sample sizes are not met.

• A minimum of three data points are required to report the average and prevalence percentages.

• A minimum of four data points are required to report the 50th percentile or median.

Methodology


Methodology

Currency conversion ratesFor your reference and convenience, currency rates are provided for conversion from USD to local currency, and from local currency to US dollars and Euros. Rates provided are effective as of October 2, 2020.

Region name

Market Code USD to local 1 USD = 1 EUR =

Algeria DZD 0.47 2.12 2.44

Angola AOA 0.59 1.70 1.95

Botswana BWP 0.47 2.12 2.44

Cameroon XAF 0.59 1.70 1.95

Democratic Republic of Congo CDF 0.47 2.12 2.44

Egypt EGP 0.59 1.70 1.95

Ethiopia ETB 0.47 2.12 2.44

Gabon XAF 0.59 1.70 1.95

Ghana GHS 0.47 2.12 2.44

Guinea GNF 0.59 1.70 1.95

Ivory Coast XOF 0.47 2.12 2.44

Kenya KES 0.59 1.70 1.95

Libya LYD 0.47 2.12 2.44

Madagascar KES 0.59 1.70 1.95

Malawi MWK 0.47 2.12 2.44

Mauritius MUR 0.59 1.70 1.95

Morocco MAD 0.47 2.12 2.44


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