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US MBD/TRS Data Refresh Summary image

US MBD/TRS Data Refresh Summary

October 23, 2020

You can be confident that using Mercer’s 2020 US MBD/TRS data, published in August, reflects the go forward market. While we did ask employers for additional data, to see if there were additional pay actions as a result of the pandemic, we found that there was very little change. Here is the executive summary of the data refresh for both MBD and TRS within the United States.

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We’ve got projected salary increase budgets, but they’re likely to change image

We’ve got projected salary increase budgets, but they’re likely to change

October 14, 2020

Here they are – the much asked about annual increase and structure adjustment projections for 2021! However, will they continue to change? We think they might.

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As remote work takes root, do tech workers face pay cuts? image

As remote work takes root, do tech workers face pay cuts?

October 05, 2020

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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Reduction in force best practices during COVID-19 image

Reduction in force best practices during COVID-19

September 30, 2020

If we’ve learned anything from the COVID-19 pandemic, it’s that organizations and employees are capable of adapting to change quicker than we ever expected. Businesses and their employees are adapting to new norms while addressing new and unforeseen workforce challenges. Unfortunately, this is forcing HR professionals to make difficult decisions about workforce reductions, whether through employee furloughs, layoffs, or a large-scale reduction in force (RIF). Follow these best practices and RIF strategy tips to help reduce your overall business risk with any future layoffs.

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Shaping the employee experience: the power of proactive internal communications image

Shaping the employee experience: the power of proactive internal communications

September 28, 2020

A strategic and adaptable internal communications approach can mitigate risk and elevate the employee experience to bring substantial value to the organization. Learn how to develop an effective internal communication strategy in this article.

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Top 10 legal HR questions for navigating through the coronavirus crisis, answered image

Top 10 legal HR questions for navigating through the coronavirus crisis, answered

September 16, 2020

The coronavirus crisis has quickly transformed work as we know it, requiring HR professionals to adapt to new challenges and make decisions in a rapidly changing environment. Changing employment laws, navigating layoffs and furloughs, and new safety regulations are all top of mind. In order to help you out, we’ve asked an attorney from a top labor and employment law firm, Littler, what you should prioritize during this crisis.

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The future of hourly pay image

The future of hourly pay

September 14, 2020

Determining the right pay for hourly positions poses many challenges. Getting your hands on the right data that gives you local data as well as a broad range of skill sets can be difficult. Until now! With Mercer Hourly Compensation Tool, you will no longer have to piece together your hourly pay rates using not-the-best-fit data and anecdotes from managers and employees.

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