industry solutions

Canadian financial services

Valuable and reliable insights into salary ranges, bonuses, benefits and more for various roles in the Canadian financial sector.

Staying up-to-date in the constantly evolving Canadian financial services and banking industry is of critical importance today in order to assist clients in making informed decisions and effectively providing personalized financial insights. Coupled with new ways of working and engaging with customers, as well as new approaches to navigating the volatile macroeconomic environment, and having the right employees has become more important than ever.

Whether you’re a large banking institution or a mid to small sized credit union, Mercer has the relevant insights, data, and reports you need to make informed decisions about your talent strategy. Establish a firm foundation for the future by rethinking base salary and total rewards strategies to reevaluating key policies and practices. Most importantly, benchmark those decisions against others within the finance industry to make sure you are offering competitive packages.

Evaluating your pay strategy

Whether looking to revamp your sales incentives, tweak your total rewards strategy, or pinpoint market data for new jobs in your space, Mercer has data to help. Our insights into the financial services industry will allow you to easily assess your current level of pay versus the labor market as well as identify opportunities for adjusting incentives.

Listening to your people

Employee engagement is key to leading with empathy, which is a top concern for employers, according to Mercer’s Global Talent Trends report. But employee engagement is not a one-size-fits-all approach. And, deploying an engagement survey is not your only option. Take a look at engagement tools that can help you get the best out of your brightest by listening to your employees.

Refreshing your policies

Do your policies and practices need a refresh to better support the way you work today? Mercer’s reports cover that and more, such as relocation, compensation administration, paid time off and benefits and perks. All go into creating an employee value proposition that supports your talent strategy. Find the information you need today.

Making tough decisions

When making difficult choices related to layoffs, furloughs and hours-cuts, it’s important to remember that how your organization treats departing employees has a lasting impact on your employer brand. Get the tools you need to handle these tough decisions gracefully and be conscientious of your impacted employees’ well-being.