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Paying differently: upskilling and reskilling the workforce image

Paying differently: upskilling and reskilling the workforce

July 05, 2024

Discover the impact that investing in your employees’ skills has on the future growth of your organization. This part of our Pay Differently Series touches on upskilling and reskilling and how it is one of the leading ways of closing the skills gap. Let’s look at what upskilling and reskilling are and how some companies, like Amazon, subscribe to this practice.

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How are you determining geographic pay differentials? image

How are you determining geographic pay differentials?

June 26, 2024

Pay transparency laws continue to shed light on how organizations determine pay, and ensuring equitable compensation across different cities can be a daunting task. Discover how Mercer's Geographic Salary Differential tool can help you create fair and competitive compensation from city to city.

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Pay differently: pay-for-skills and AI image

Pay differently: pay-for-skills and AI

June 17, 2024

AI has the potential to revolutionize the implementation of pay-for-skills models. AI-powered systems can analyze vast amounts of data to determine fair and competitive compensation levels. Explore the benefits and challenges of using AI for skills-based compensation.

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Optimizing compensation for the healthcare industry  image

Optimizing compensation for the healthcare industry

June 14, 2024

Building a unified, competitive compensation program to attract and retain talent is key to adapting to the current challenges in healthcare. Here are five steps to help optimize your compensation programs and keep the most critical roles filled.

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Short-term incentives: Determining who is eligible image

Short-term incentives: Determining who is eligible

June 11, 2024

A well designed STI plan allows organizations to directly involve employees in both the risks and rewards incurred by the company’s performance. But how do you determine who is eligible for short-term incentives?

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Why is skills readiness so important for the hourly workforce?  image

Why is skills readiness so important for the hourly workforce?

June 03, 2024

Why is skills readiness so important for the hourly workforce? Follow along our first installment in our Hourly Employee Series as we address the skills readiness gap within this growing workforce segment and what the implications are for your organization.

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Pay differently: Equity for all image

Pay differently: Equity for all

May 18, 2024

Explore four companies who are approaching pay a little differently by providing equity awards to a broader workforce including their hourly employees. Read on for insights into who these companies are and what they are doing.

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Job architecture before pay transparency image

Job architecture before pay transparency

May 17, 2024

Navigate the era of pay transparency with confidence. Understanding your organization's job architecture is being able to confidently and openly discuss and disclose pay ranges to current and future employees.

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