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Pay transparency: a crucial part of attracting new talent! image

Pay transparency: a crucial part of attracting new talent!

October 30, 2023

Pay transparency is quickly becoming the new normal. What do these trends mean for employers across the country? Let’s look at the data from Indeed and assess how can affect your future hiring process./p>

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10 tips for compensation professionals  image

10 tips for compensation professionals

September 25, 2023

Whether you've been a compensation professional for years or or just starting your career, you already know how complex compensation planning can be. These 10 tips can help you fill your toolbox with with tools you need to more efficiently perform your job.

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2024 Annual increase budgets are forming image

2024 Annual increase budgets are forming

September 14, 2023

In the recently published Compensation Planning Survey, part of Mercer QuickPulse™ survey series, we are seeing a lower that expected annual increase budget and a stabilizing labor market. Read more on projected budgets for 2024 and how you can easily access the results to help you finalize our 2024 increase budget.

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Tips for linking leaders’ performance goals to corporate success image

Tips for linking leaders’ performance goals to corporate success

June 23, 2023

Long-term incentives are considered a standard piece of the rewards package and key drivers of engagement for many employers and employees. However, selecting the right performance metrics and determining how outcomes lead to payout are critical to ensuring this vehicle is able to drive home alignment to the company’s overall success. Read through the helpful tips and considerations shared by Ryan Cameron, one of Mercer’s incentive design experts to find out if your LTI plan is in need of a tune-up.

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Types of pay structures – which is best for my organization? image

Types of pay structures – which is best for my organization?

May 25, 2023

There are many different structure designs and not all support the same sort of pay management. Let’s take a look at the many different types of pay management constructs and consider how they might work for various employee populations and organizational cultures. Do you have the best pay structure for your organization?

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The Evolution of Compensation image

The Evolution of Compensation

May 24, 2023

As the world of work continues to change, what does that mean for pay? Employers are considering different ways to motivate employees and drive performance while being able to source the skills and talents they need to compete in a rapidly changing environment. Take a look to see....

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Determining if your pay is competitive image

Determining if your pay is competitive

May 16, 2023

Understanding whether or not your compensation program is competitive is a fundamental question that you'll likely have to address if working in human resources. What exactly does 'competitive' mean and how do you find out? Read on for some helpful tips.

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Are we returning to normal compensation practices? image

Are we returning to normal compensation practices?

April 28, 2023

Actual merit and total increases delivered in Q1 of 2023 indicate that employers are tapping the brakes on compensation. Take a look at how their spending compared to budget as well as their approach to other pay adjustments and pay transparency.

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