industry solutions

energy and mining

Make informed decisions about your pay strategy amid compounded disruption

Make informed decisions amid compounded disruption

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Shifting societal sentiment and global events have forced even the most traditional industries — such as oil and gas — to adapt quickly to changing work models.

Energy companies are choosing a path. Some are doubling down on becoming the industry’s low-cost producer and service provider, while others are diversifying and pivoting toward whole-scale business transformations. Regardless of your company’s path forward, HR will be necessary to find and keep key employees, optimize costs, and drive efficiencies across health, wealth, and talent in a sustainable manner.

Mercer has the data and insights you need to make critical decisions in the current environment.

Evaluating your pay strategy

You’re certainly well aware the energy and mining industry is going through a period of drastic change, which means you’re likely to be taking a closer look at your compensation and rewards strategy. While strategic hiring for particular roles may still continue, there are probably others that require you to reevaluate your compensation targets. Mercer’s salary surveys give you the data you need to be sure you’re paying what you need to, for success both now and in the future.

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 the first step. 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 revamp given how quickly the world of work has changed? Mercer’s reports cover that and more, such as relocation, compensation administration, paid time off, flexible working, 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.