Managing hourly pay is not as simple as it might seem. Several key factors need to be considered in order to set hourly rates and their progression in a way that aligns with the work and will motivate employees to achieve the desired results. In this article we explore the four most common types of hourly pay structures and the circumstances when each would best be suited.

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Are you ready to take your market pricing to the next level? Develop and implement a benchmark methodology to increase your accuracy, efficiency and consistency and be sure your market pricing is aligned with your compensation philosophy.

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“It’s more of an art than a science..” How many times have you said that when trying to explain how you’ve assigned a job to a pay range? Wouldn’t it be nice to add in a bit more science to the process? By using Mercer’s Total Remuneration Surveys alongside Mercer’s International Positon Evaluation (IPE), you can do just that!

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Become a participation veteran with these simple tips for successful survey participation.

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Salary benchmarking only gets easier with each passing year, assuming you’re a repeat participant in the same compensation surveys. Do you know why? Here you’ll find out everything you need to know about repeat participation and why it’s such a valuable asset for your organization.

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Discover how intuitive new software and applications can streamline your organization’s compensation planning efforts.

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