industry solutions

US engineering industry trends

It’s vital to assess your talent strategy to ensure that you’re meeting the evolving demands of today’s engineering industry.

promo image

The engineering industry is dramatically changing. Out of necessity, companies are utilizing big data and artificial intelligence (AI) for process automation. Couple that with the need to leverage remote capabilities for the agile engineering workforce and you can see why your workforce probably looks different than before.

Mercer has the data and insights to help you set the right compensation strategies, develop programs that keep your existing workforce engaged, and plan effectively for the future.

Evaluating your pay strategy

Your pay strategy is the foundation of any good rewards program, and it’s tougher than ever to define competitive pay. Benchmark your pay strategy against others in the engineering industry and ensure you are strategically planning for what’s ahead.

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.