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Moving forward with optimism image

Moving forward with optimism

November 24, 2020

As employers turn their attention toward planning for 2021, just where are they landing when projected annual increase budgets, and incentive plans? With more finalized numbers, since our last pulse in September, Mercer’s US Compensation Planning survey result shows us that some budgets are lower, but not much else is changing.

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Cost of living versus cost of labor image

Cost of living versus cost of labor

November 05, 2020

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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Must have tools for tech image

Must have tools for tech

October 27, 2020

Organizations that are still succeeding and planning for the future have one thing in common – they’re advancing their digital journey. Who are they looking to for help? The tech companies. The pressure on the tech industry to deliver innovative solutions is greater than ever before. And maximizing operational efficiency is critical for these companies moving at the speed of light. Learn about two invaluable tools that can help tech companies thrive today and plan for tomorrow.

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Mercer's got your back...75 years and counting image

Mercer's got your back...75 years and counting

October 26, 2020

Many of you are now starting to look to the future and plan for 2021. Let’s face it — 2020 has been a doozy. You may have questions about your compensation philosophy, which surveys to purchase, and what other perks to offer employees to keep them engaged. We hear you. Read on to learn how Mercer is responding by taking new actions to provide you with the most up-to-date, accurate data and insight to support your decision-making in this challenging time.

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US MBD/TRS Data Refresh Summary image

US MBD/TRS Data Refresh Summary

October 23, 2020

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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We’ve got projected salary increase budgets, but they’re likely to change image

We’ve got projected salary increase budgets, but they’re likely to change

October 14, 2020

Here they are – the much asked about annual increase and structure adjustment projections for 2021! However, will they continue to change? We think they might.

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As remote work takes root, do tech workers face pay cuts? image

As remote work takes root, do tech workers face pay cuts?

October 05, 2020

Now that remote work has become commonplace, what will the impact be on pay? Tauseef Rahman, a Partner at Mercer, expects the impact to be less than you might expect.

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