In the past few years, regulations impacting the HR function in Indonesia have continued to evolve. As a result, employee benefit costs have increased significantly. More and more HR and Finance practitioners are struggling to manage costs in order to comply with the latest regulation.
To assess the materiality of employee benefits risk, Mercer has conducted a study to examine the accounts of 45 major listed companies on the Indonesia Stock Exchange – known as “LQ45”, to assess the materiality of employee benefits risk in corporate Indonesia and to help companies assess their comparative situations. These 45 companies employ about 800,000 workers, which, in our view, present an appropriate representation of Indonesia’s working demographic.
Download the full report now to better understand latest trends of employee benefits liabilities and expenses comparison from an actuarial perspective.
Get the full report (PDF)
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