Pay transparency is quickly becoming the new normal. What do these trends mean for employers across the country? Let’s look at the data from Indeed and assess how can affect your future hiring process./p>

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Pay compression occurs when there is a minimal difference in pay between employees in different positions or with varying levels of experience. Explore the basics, causes, implications, as well as looking at 5 potential strategies for addressing pay compression issues to ensure fairness and maintain employee motivation and satisfaction.

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Labor market trends from the past few years have fluctuated greatly, and now we are seeing it begin to balance out. The 2023 labor market review from Mercer shows the current state of the job market and what we are expecting for 2024. Let’s take a look!

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Mercer’s employee engagement tools will help you find out how your workers are feeling and what they need to excel so your organization can thrive, especially during times of change.

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Are you ready to take your market pricing to the next level? Develop and implement a benchmark methodology to increase your accuracy, efficiency and consistency and be sure your market pricing is aligned with your compensation philosophy.

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Check out these 5 tendencies that organizations are using to chart their course for the future, based off Mercer’s Global Talent Trends study.

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While it may seem early to be thinking about 2023, this year many employers are starting the strategic planning process 12 months in advance of the next open enrollment – in other words, now! But if you’re just getting started, here’s help. We asked a number of Mercer experts to each pick one burning issue for employers in 2023 and beyond – and to offer some advice on how to address it.

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You can be confident that using Mercer’s 2020 US MBD/TRS data, published in August, reflects the go forward market. While we did ask employers for additional data, to see if there were additional pay actions as a result of the pandemic, we found that there was very little change. Here is the executive summary of the data refresh for both MBD and TRS within the United States.

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