US MTCS | Mercer Total Compensation Survey for the Energy Sector – Benefits

Influence employee loyalty and attract top talent with an effective benefits strategy.


US MTCS | Mercer Total Compensation Survey for the Energy Sector – Benefits image

As new jobs, skills, and ways of doing things within the energy industry continues to change, attracting and retaining the right talent for your organization is more important than ever. Managing your benefits strategy is an essential part of a complete and competitive rewards package. Top talent is more attainable, and easier to retain, with better benefits.

The Benefits module of the US MTCS | Mercer Total Compensation Survey for the Energy Sector provides the information you need to build an industry leading benefits package. Comprehensive information on important topics include:

  • Retirement/Savings
  • Health and Group
  • Time Loss
Are you ready for a more effective benefits strategy?
Survey Details At a Glance
  • Overview
  • Product Details
  • Survey Schedule
  • 2019 Participation

Overview

Participation in the 2019 Benefits module of the US MTCS | Mercer Total Compensation Survey for the Energy Sector is open November 14, 2018 thru February 28, 2019. Submit your completed survey and place your order by February 28 to receive 20% off the participant rate.

The report illustrates plan feature information for each of the following benefit categories:

  • Retirement/Savings: Defined benefit, defined contribution, and stock purchase plans.
  • Health/Group: Medical, dental, life insurance, flexible spending accounts, and post-retirement medical plans.
  • Time Loss: Vacation, holiday, personal leave, PTO banks, sick leave, and short- and long-term disability plans.
  • Nontraditional Benefits: Educational assistance and severance.

Survey results are delivered in Mercer WIN® giving you access to the data through a variety of parameters — including geography, industry, company size and more — to more efficiently organize and analyze the information. Mercer WIN enables you to customize your analysis by job as well as compare job descriptions side-by-side, change pay elements to support the right level of analysis, perform function and career-level analysis, export your data for integration into other systems, and run presentation-quality detail or summary reports. A published PDF of the survey results can also be found here.

Survey Methodology
Mercer surveys are designed using the most accurate and up-to-date market data practices. Data is collected from HR professionals at participating organizations and then analyzed for validity, thoroughness, and market representation based on the organization's size, structure, geographic region, or a combination of these factors. A minimum number of incumbents, organizations, and distinct organizations are required in order to report each data element. If minimums are not met, the market data is suppressed ensuring you the highest level of data confidentiality.

View Sample Report

Product Details

Survey Stats

  • # Organizations: 102

Based on data from the 2017 US MTCS | Mercer Total Compensation Survey for the Energy Sector – Benefits survey.

Data Collected

  • Health and Group
  • Nontraditional benefits
  • Retirement/Savings
  • Time Loss

Data Reported

  • Benefit formula definitions
  • Coinsurance
  • Covered services
  • Deductibles
  • Eligibility
  • Employee Contributions
  • Median plan design by benefit
  • Maximums
  • Plan type

Survey Schedule

  • Participation Opens: November 14
  • Participation Deadline: February 28
  • Date Effective: January 1
  • Report Available: September

2019 Participation

2019 Survey Participation is now closed. Survey participation is open to all organizations with matching jobs and is not required to purchase results. To learn more about how you can become a participant, please contact us. As a survey participant, you do receive key benefits:

  • A discount on survey results!
  • An exclusive invitation to survey events - attend results webcasts and meetings where Mercer consultants will review the results and identify market trends and factors. You'll also be able to ask questions directly related to your organization.
  • Ensure your data is included in the market results - easily determine your market position with customized reports that compare your company data to your peers.
  • Sub TitleInfluence employee loyalty and attract top talent with an effective benefits strategy.
  • Ordering TypeCOL/QOL
  • IsOrderingSetNo
  • Compensation GridShow
  • Short DescriptionPension and benefit plan information to support your strategic decisions.
  • RegionUS