Mercer Hourly Compensation Tool

Strategically determine pay for your hourly employees

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Mercer Hourly Compensation Tool SKU_671

As with any market pricing, the key to success is truly understanding your labor market and how it differs for each job. With hourly jobs, the labor market is unique – it’s both narrow and broad, all at the same time. Determining pay for your hourly positions, so that you can find and keep the people you need to be successful, is not always easy.

With the Mercer Hourly Compensation Tool, take your strategy to market pricing hourly positions from reactive to proactive and from anecdotal to facts. This tool gives you access to a whole library of hourly jobs from multiple industry surveys so that you can be as specific or as broad as you need. Featuring job family, job sub-family, and job description details, easily get access to important compensation elements and analysis insights for hourly positions within your organization.

  • Hourly pay rate
  • Annual base salary – including the ability to apply an aging factor to ensure an apples-to-apples comparison
  • Short-term and sales incentive – actual amount and as a percent of base pay
  • Short-term and sales incentive – target as a percent of base pay
  • Short-term and sales incentive – eligibility & receivership
  • Union status percentage
  • New in 2021: Minimum wage data for selected locations
  • New in 2021: New functionality to allow for downloading data for multiple separate locations all in one export
Are you ready to revolutionize market pricing for your hourly positions?

View this video to see more of the tool in action

Results Publish: August


2021 Results Available

  • 3,441 jobs included
  • USD 7,000
Buy now!

Position list

Request free demo

  • Product Details
  • Pricing / Buy Now
  • Tool Log-In & Free Demo
  • Participating Companies
  • Position List & Sample Report
  • Related Articles

Product Details

Survey Statistics

  • # Positions: 3,441
  • # Organizations: 4,741
  • # Observations: 5,399,242

Based on data from the 2021 Mercer Hourly Compensation Tool.

Mercer surveys data is aggregated from

  • Contact Center and Customer Service Compensation Survey
  • Financial Services Suite
  • IHN - Healthcare System & Hospital Compensation Suite
  • Mercer Benchmark Database
  • Mining Industry Survey Suite
  • Mercer Total Compensation Survey for the Energy Sector
  • Pharmacy Compensation Survey
  • Retail Compensation and Benefits Survey
  • Mercer SIRS® - Survey Suite

Compensation Items Reported

  • Hourly pay rate
  • Annual base salary
  • Short-term and sales incentive – actual amount and as a percent of base pay
  • Short-term and sales incentive – target as a percent of base pay
  • Short-term and sales incentive – eligibility & receivership
  • Total cash – actual and target
  • Union status percentage
  • Minimum wage data for selected locations

Filters/Scopes Available

  • Work context (i.e.deals with external customers, exposed to hazardous conditions/equipment, works indoors/outdoors, etc.)
  • Mercer Job Library – family, sub-family, specialization, level
  • Job title
  • Industry – super sector, sector
  • Location – state, CBSA, City, zip code
  • Union status

Pricing

Product Price
Mercer Hourly Compensation Tool – US USD 7,000

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Mercer Hourly Compensation Tool

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Please note:

  • Individuals or companies using Mercer data for consulting services or commercial purposes are subject to different rates. Please call for more information.
  • 2021 results now available.

Tool Log-In & Free Demo

Tool Log-In

If you’ve purchased the Mercer Hourly Compensation Tool, you can log-in here.

Free Demo

Interested in a free demo of the Mercer Hourly Compensation Tool? Click here to fill out the form, and a member of our client services team will reach out to you shortly.

Participating Companies

View a list of the participating companies included in the Mercer Hourly Compensation Tool here.

Position List & Sample Report

Position List

View the position list and descriptions included in this HR compensation survey to optimize your ongoing compensation and benchmarking efforts.

Sample Report

View a screen-shot of this tool to see what's included, and learn how easy it is to streamline your salary benchmarking efforts.

Related Articles

Crowdsourced Data: Full Disclosure or Half-Truths? image

The future of hourly pay

As with any market pricing, the key to success is truly understanding your labor market, and how it differs for each job. With hourly jobs, the labor market is unique — it’s both narrow and broad, all at once. Let’s look at the specific challenges.

Read article
Crowdsourced Data: Full Disclosure or Half-Truths? image

How to attract and retain hourly talent

With hourly workers, small changes can make all the difference in whether they will take a job and whether they will stay. Here are the 3 areas that employers need to consider to make sure their hiring and retention efforts are not in vein.

Read article
  • IsOrderingSetYes
  • Ordering TypeSingleLevelMultiSelection
  • RegionEnglish-United States
  • Sub TitleStrategically determine pay for your hourly employees
  • Short DescriptionAccess to hourly rates, STI, and total cash across multiple industries.

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