文档介绍：May 19th, 2010
Capturing Top-Line Growth
through Effective HR
When WE Last Met…
Hoping for economic turnaround
Mercer 1
Coinciding with this meeting…
Mercer 2
Coinciding with this meeting…
Hoping for economic turnaround
ning
Plan
Global and Asia Pacific Economic Outlook
Ask the Experts – Greater China Updates
Compensation and benefits trends
Mercer 3
Global and Asia Pacific
Economic Outlook
Where are we now?
Mercer 5
Positive News Emerging in 2010
Fiscal & ary Policy Drive Recovery, but… at What Price?
15
Emerging and
Developing
10
Economies
World
5
0
'06 '07 '08 '09 '10 '11
Advanced
-5 Economies
Source:World IMF Economic Update2010 Jan
-10
Annualised GDP Growth by Quarter
Mercer 6
Economic Predictions for a Multi-speed Recovery
How much is the shape of the “V” still being developed?
Euro Area Emerging Asia United States
5 12 5
4 11 4
3 10 3
2 9 2
1 8 1
0 7 0
06 08 10 12 14 16 06 08 10 12 14 16
-1 6 -1
5
-2 -2
4
-3 -3
3
-4 -4
2
-5 -5
06 08 10 12 14 16
Real GDP Growth (percent)
April 2007 October 2009 Upside Downside
WEO WEO Source:World IMF Economic OutlookOctober 2009
Mercer 7
Economic Predictions for a Multi-speed Recovery
GDP Growth Forecasts – Emerging Economies in the Lead
Russia/CIS
%
NAFTA
CEE
% EU27
% Japan
% China %
%
ME/North Africa
% ASEAN
India %
%
.
Brazil Africa
%
LA %
%
ANZ
%
Source:Economist The World2010 in
Mercer 8
Economic Predictions for a Multi-speed Recovery
Industry Forecasts
Mature markets expected to grow at %
Emerging economies will grow by a more encouraging %
China expected to post % gains
Which Sectors Will Benefit?
Cloudy Outlook Fair Forecast Sunny & Stable
• Property & • Automotive • Energy • Defence
Construction • Consumer Goods • Entertainment • merce
• Financial Services • Food & Farming
• Media • Health