In a world that still contains a great degree of uncertainty, planning for the next 12 months feels harder than normal. We asked several Mercer consultants what they see as priorities for HR professionals in 2021. Read on for the top 4 topics you should be talking about in the new year.

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You can be confident that using Mercer’s 2020 Canada 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 specific to Canada.

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As employers turn their attention toward planning for 2021, just where are they landing when projected annual increase budgets, and incentive plans? With more finalized numbers, since our last pulse in September, Mercer’s Canadian Compensation Planning survey result shows us that some budgets are lower, but not much else is changing.

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With so many more employees working from home than ever before, companies are having to revisiting their flex working policies and that includes the amount of financial support that should be given. In this article Mercer suggests taking an “all things considered” approach. What does that mean? Read on to find out!

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Many of you are now starting to look to the future and plan for 2021. Let’s face it — 2020 has been a doozy. You may have questions about your compensation philosophy, which surveys to purchase, and what other perks to offer employees to keep them engaged. We hear you. Read on to learn how Mercer is responding by taking new actions to provide you with the most up-to-date, accurate data and insight to support your decision-making in this challenging time.

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When it comes to diversity, equity, and inclusion, there are 4 questions that every company should ask their workforce. Are you asking them and effectively listening for the answers?

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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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