OnwardMarchforaResilienceGrowth2023-20242023-2024ChinaTotalCompensationTrendsandInsights,,JustinShen,SeniorPrincipal,MercerChina17OctoberShanghaiAbusinessofMarshMcLennan·OnwardMarchforaResilienceGrowth2023TRSPost-SurveyConference123AgendaOnwardMarchforaResilienceGrowthCopyright©2023MercerLLC.Allrightsreserved.2023TRSPost-SurveyConferenceAbusinessofMarshMcLennan2X8X8.26147.7518%15.5%14.9%13.8%14.8%16%14.9%14.4%12.1%11.5%13.5%10.9%2022H12023H114%8.4%6.0%4.9%5.6%5.5%5.1%12%7.4%6.7%5.8%5.7%6.7%6.1%2.5%5.2%7.3%6.9%2.1%2.9%2.2%10%8.1%1.4%6.7%6.9%2018201920200.9%5.3%4.9%5.0%8%2.0%20213.0%5.0%6%7.8%201420154.2%2.1%4%1.7%20161.6%1.9%0.7%20242%201720222023()2.6%()2023100%IMF620132023120237:202347202392023720237OnwardMarchforaResilienceGrowthCopyright©2023MercerLLC.Allrightsreserved.2023TRSPost-SurveyConferenceAbusinessofMarshMcLennan20234,000+24,000+3,000,000+30+/202225.0%20.0%15.0%10.0%5.0%0.0%202114.4%14.1%10.1%13.3%13.6%12.5%10.1%17.8%13.0%20.3%17.2%6.3%21.9%11.8%202211.0%11.3%9.3%11.5%11.4%12.5%7.8%13.8%10.2%15.3%11.6%5.4%15.0%10.6%2023H14.7%4.8%3.9%5.1%5.7%4.6%4.3%6.0%5.4%7.3%4.4%2.4%7.2%4.8%2023Q31020237.06.5%6.05.75.55.15.25.25.35.25.04.54.0UnemployedWorkers6M20231120232023()4.6%202320232024()4.7%2024()5.0%5.1%5.1%5.2%5.6%5.5%4.8%4.5%5.5%5.7%5.0%5.0%4.7%4.9%5.1%5.1%4.0%4.5%5.0%5.5%6.0%:202312()5.5%5.3%5.0%4.8...
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