Now that remote work has become commonplace, what will the impact be on pay? Tauseef Rahman, a Partner at Mercer, expects the impact to be less than you might expect.

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Have you put together your 2021 annual increase budget yet? If you haven’t, you’re not alone. With all the uncertainty in the air, it seems compensation planners are waiting longer than usual to work on their budget. Take a look at what else we heard from respondents to the Compensation Planning Survey Pulse July edition.

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In a world of disruption brought forth by the current pandemic, mobility and relocation programs rank high on the list of pain points for organizations. But in light of all that has been impacted, the crisis exposed preexisting issues in companies’ mobility and relocation processes. What can we learn from all of it to enhance our approach for the future?

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With the uncertainty and instability from the global pandemic, it’s important for businesses now more than ever to be ready for the unexpected. If an executive or key player in your company needed to step back, would you be ready to fill the gap that person left behind?

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More and more workers today are looking for the option to work remotely. With the help of modern technology, it’s a perfectly realistic option for many. Offering virtual work opportunities could be an attractive strategy for you as an HR professional, but it’s not ideal for every situation. Are you ready to start developing your virtual work policy?

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There’s no time for “down time.” When you wrap up your key objectives for the fiscal year, it’s time to get to work on new priorities to maximize efficiency in the coming year. By being proactive, you’ll be able to hit the ground running and achieve amazing things.

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Budgets for merit-based salary increases have remained flat for years, meaning your company should be looking to other avenues for incentivizing and retaining top-performing employees. The use of performance-based bonus is an attractive option for doing so, but only when executed correctly.

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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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