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C’mon, participate! Here’s why … image

C’mon, participate! Here’s why …

January 24, 2022

Salary survey participation offers companies many benefits. In this article, explore the top 5 reasons to submit your data to Mercer surveys.

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How life science companies are adopting flex work image

How life science companies are adopting flex work

December 15, 2021

Mercer's survey findings show an overwhelming increase in flexible working in 2021 compared to pre-pandemic times. Greater flexibility has been achieved by the Life Sciences companies surveyed through the implementation of many changes; however, despite these changes, only 4% of the companies surveyed reported decreased productivity.

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Compensation is going up. But, is it enough? image

Compensation is going up. But, is it enough?

December 14, 2021

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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Want to pay for skills? Five things to keep in mind image

Want to pay for skills? Five things to keep in mind

December 13, 2021

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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Six Strategic Considerations for your 2023 Health and Wellness Planning image

Six Strategic Considerations for your 2023 Health and Wellness Planning

December 08, 2021

While it may seem early to be thinking about 2023, this year many employers are starting the strategic planning process 12 months in advance of the next open enrollment – in other words, now! But if you’re just getting started, here’s help. We asked a number of Mercer experts to each pick one burning issue for employers in 2023 and beyond – and to offer some advice on how to address it.

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Five priorities for US HR in 2022 image

Five priorities for US HR in 2022

October 25, 2021

Following two incredibly disruptive years, the workplace continues to demonstrate its resilience and forge ahead. There are several priorities for HR to focus on in order to position an organization for success in 2022 and beyond.

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4 powerful benchmarks for DEI Strategy image

4 powerful benchmarks for DEI Strategy

September 27, 2021

Even though 81% of US employers say they are committed to improving Diversity, Equity, and Inclusion, only 40% set formal, quantitative goals or targets for DEI outcomes like representation, according to recent research conducted by Mercer. The for metrics will help you identify challenges within your organization to set targets today.

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First look at increase budgets for North America image

First look at increase budgets for North America

September 27, 2021

While so many things related to the world of work have been thrust into relative upheaval, annual pay increases and structure adjustments seem to be untouched. With over 1,500 participants combined between Mercer’s US Compensation Planning and Canada Compensation Planning pulse surveys, we have a preliminary view into the annual compensation planning process underway right now. Take a look and see how this aligns with the budget you are planning for merit, total, and promotion increases and for salary structure adjustments.

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