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A practical guide to market pricing image

A practical guide to market pricing

August 01, 2022

Whether you’re new to compensation or an experienced practitioner, every now and then it’s helpful to return to basics to review some fundamentals. Explore tips and tricks from a veteran compensation practitioner.

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Using general industry and industry specific data to market price jobs image

Using general industry and industry specific data to market price jobs

October 25, 2021

This article will provide you with considerations around when to use general industry versus industry specific data – even when to use both!

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Four reasons why salary surveys are a must in 2021 image

Four reasons why salary surveys are a must in 2021

October 22, 2021

Accurate and timely compensation data hold even greater value this year as a new post-pandemic normalcy begins to take shape. Presently, the general economy appears to have stabilized and is starting to rebound. A closer look at the details reveals significant differences across industries, locations, and company sizes. The 2021 compensation trends we see in the data reinforce how simply aging salary survey data would be a mistake.

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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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Market Pricing 101: using general industry and industry specific data image

Market Pricing 101: using general industry and industry specific data

July 30, 2021

This article will provide you with considerations around when to use general industry versus industry specific data – even when to use both!

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Market pricing 101: establishing a benchmark methodology unique to your organization image

Market pricing 101: establishing a benchmark methodology unique to your organization

July 30, 2021

Are you ready to take your market pricing to the next level? Develop and implement a benchmark methodology to increase your accuracy, efficiency and consistency and be sure your job pricing is aligned with your compensation philosophy.

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How to determine pay for your remote workers image

How to determine pay for your remote workers

April 19, 2021

Now that many employees can work from an entirely different region, how should pay be determined? And what if a worker needs to travel to the physical office occasionally — who should bear the costs? As companies implement long-term remote work policies for the post-pandemic world, it’s important you have the answers as an HR professional.

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