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Realigning your long-term incentives image

Realigning your long-term incentives

April 20, 2022

Companies have experienced massive changes in the last few years due to the pandemic, remote work/flexibility, cultural shifts, and a competitive talent market. In this environment, companies have many questions regarding the design and administration of their long-term incentive (LTI) / equity platforms. Here are four questions to determine the needed changes in your long term incentive plan.

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Cost of living versus cost of labor image

Cost of living versus cost of labor

April 11, 2022

Now that many employees are working from home for the foreseeable future, organizations are considering the impact that flexibility has on what they need to pay. As employees look to relocate from the cities to lower cost of living areas, does that mean their pay should be adjusted accordingly? In this article, two of Mercer’s senior consultants talk about the continued importance of understanding cost of living and cost of labor when determining pay.

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Eight trends and challenges affecting healthcare today image

Eight trends and challenges affecting healthcare today

March 14, 2022

As we begin to understand the long-term impact of the pandemic and current labor market, what priorities should hospital and healthcare system boards focus on to succeed in 2022 and beyond? Let’s look at eight emerging trends in healthcare commanding the attention of industry leaders today.

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Compensation planning: Pay vs. Perks  image

Compensation planning: Pay vs. Perks

January 31, 2022

While wages are climbing higher, other elements besides pay such as meaningful work and purpose, are also critical drivers for workers desire to stay or go.

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4 powerful benchmarks for DEI Strategy image

4 powerful benchmarks for DEI Strategy

September 27, 2021

Even though 81% of US employers say they are committed to improving Diversity, Equity, and Inclusion, only 40% set formal, quantitative goals or targets for DEI outcomes like representation, according to recent research conducted by Mercer. The for metrics will help you identify challenges within your organization to set targets today.

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Retail talent shortage or labor shift? image

Retail talent shortage or labor shift?

August 27, 2021

Retailers are being particularly hard hit by the talent shortage. Just what is going on and what can be done to bring the workers back?

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Will increasing pay be enough to bring back the hourly workers? image

Will increasing pay be enough to bring back the hourly workers?

August 23, 2021

Whether it's an hourly talent shortage or a crisis, the fact remains that employers are struggling to find and keep hourly workers. Several large organization have already increased starting pay and/or their internal minimum wage in an attempt to attract and retain employees. So far though, increasing pay to attract hourly workers doesn't seem to be effective. What else are employers doing to get the much-needed hourly workers?

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Making the most of your summer image

Making the most of your summer

July 19, 2021

Enjoying your summer? We hope so! Want to get a leg up on the busy season in the fall? Here are four easy things you can do to set yourself up for success.

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