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Market pricing 101: establishing a benchmark methodology unique to your organization image

Market pricing 101: establishing a benchmark methodology unique to your organization

July 30, 2021

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 job pricing is aligned with your compensation philosophy.

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Market Pricing 101: using general industry and industry specific data image

Market Pricing 101: using general industry and industry specific data

July 30, 2021

This article will provide you with considerations around when to use general industry versus industry specific data – even when to use both!

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How to attract and retain hourly talent image

How to attract and retain hourly talent

June 11, 2021

Like many in the hospitality industry, you may be experiencing a shortage of hourly workers. In this post we explore the three factors you can focus on to differentiate your company in order to become attractive to hourly candidates.

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How to determine pay for your remote workers image

How to determine pay for your remote workers

April 19, 2021

Now that many employees can work from an entirely different region, how should pay be determined? And what if a worker needs to travel to the physical office occasionally — who should bear the costs? As companies implement long-term remote work policies for the post-pandemic world, it’s important you have the answers as an HR professional.

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March 2021: US Compensation Planning Pulse survey results image

March 2021: US Compensation Planning Pulse survey results

April 12, 2021

Mercer’s March edition of the US Compensation Planning pulse survey confirmed once again that the pandemic had little to no impact for the majority of companies when it came to rewarding employees. As we begin to navigate the new normal, what’s on their minds in terms of compensation planning for 2021?

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The future of hourly pay image

The future of hourly pay

March 07, 2021

Determining the right pay for hourly positions poses many challenges. Getting your hands on the right data that gives you local data as well as a broad range of skill sets can be difficult. Until now! With Mercer Hourly Compensation Tool, you will no longer have to piece together your hourly pay rates using not-the-best-fit data and anecdotes from managers and employees.

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Hot jobs in 2021 image

Hot jobs in 2021

February 08, 2021

As we move into 2021, undoubtedly technology jobs will continue to be important as business continue to reinvent and re-set. However, there are also other jobs that have risen to importance – and some might surprise you.

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Thinking of aging salary survey data this year? You’d better think twice… image

Thinking of aging salary survey data this year? You’d better think twice…

January 27, 2021

With many employers going through reductions in force in Q4 and, even more importantly, establishing budgets and compensation strategies for 2021 and beyond, this year’s salary surveys will have quite a story to tell. Using aging data, rather than participating in salary surveys and purchasing fresh data, would definitely be a mistake for a variety of reasons. Why, you might ask? Let us explain.

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