Mercer can help you compare and benchmark your compensation policy against the market, all of which can be provided based on general industry, specific industry or a peer cut.
Pay Band Tool
Pay Band Tool helps you design pay bands based on Mercer market data. It provides a pragmatic approach for managing compensation through creation of consistent pay bands year over year.
Market pricing jobs can help with your organisation's strategic goals and lead to greater employee satisfaction and productivity, which can enhance your company's success.
PayStart is made up of four elements – 3 tools and consulting help every step of the way to provide you with a sustainable solution. PayStart helps expand your organisation's expertise, ensuring you can sustain the solution long-term.
Gender Equality Analysis
These reports provide an overview of your compensation practice by gender and position class. This analysis will help you assess the difference in pay levels of individuals doing equal or similar work in your organisation.
Remuneration Deviation Report
Mercer's Deviation Reports can help you maximise the effectiveness of your company's remuneration policies and practices, by providing you with a better understanding of how people are compensated in relation to the market.
Executive Remuneration Audit
This audit provides an objective review and analyses of your executive compensation packages, offering impartial view to your remuneration committee in relation to pay policy, market pay level and related peer groups.