Gain insights into the latest changes in leave and paid time off in the US, Canada, and across the globe.

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Find out how Mercer is poised and ready to help you transition from jobs to skills to support your organization’s talent strategy.

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Companies have experienced massive changes in the last few years due to the pandemic, remote work/flexibility, cultural shifts, and a competitive talent market. In this environment, companies have many questions regarding the design and administration of their long-term incentive (LTI) / equity platforms. Here are four questions to determine the needed changes in your long term incentive plan.

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Now that many employees are working from home for the foreseeable future, organizations are considering the impact that flexibility has on what they need to pay. As employees look to relocate from the cities to lower cost of living areas, does that mean their pay should be adjusted accordingly? In this article, two of Mercer’s senior consultants talk about the continued importance of understanding cost of living and cost of labor when determining pay.

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As we begin to understand the long-term impact of the pandemic and current labor market, what priorities should hospital and healthcare system boards focus on to succeed in 2022 and beyond? Let’s look at eight emerging trends in healthcare commanding the attention of industry leaders today.

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While wages are climbing higher, other elements besides pay such as meaningful work and purpose, are also critical drivers for workers desire to stay or go.

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Over the last several years, this has been largely a “rinse and repeat” process for compensation teams as budgets have remained steady at 2.5% to 3%. But pressures have continued to mount over the past several months with both inflation and quit rates being at 20-year highs. This has resulted in many employers taking a harder look at compensation plans for 2022.

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You’ve heard of “pay for performance.” But many organizations are shifting the way they hire and promote from a job-centric point of view to a skills-centric point of view. Perhaps, then, “pay for skills” is a more appropriate way of compensating people to help attract, build and retain critical skills. Here are five things to consider.

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