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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With so many more employees working from home than ever before, companies are having to revisiting their flex working policies and that includes the amount of financial support that should be given. In this article Mercer suggests taking an “all things considered” approach. What does that mean? Read on to find out!

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In a world of disruption brought forth by the current pandemic, mobility and relocation programs rank high on the list of pain points for organizations. But in light of all that has been impacted, the crisis exposed preexisting issues in companies’ mobility and relocation processes. What can we learn from all of it to enhance our approach for the future?

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Global Mobility teams have been front and center dealing with the COVID-19 developments around the world. Companies are striving to keep assignees safe while complying with corporate policies that are changing daily. At Mercer, we have been in ongoing conversations with our clients, discussing a variety of issues flowing from the COVID-19 outbreak, which affect global mobility programs.

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The most recent and ongoing coronavirus (COVID-19) outbreak highlights the need for companies to have a clear plan in place with identified triggers to set it in motion, particularly companies with employees living and working outside of their home country. Here are some resources to help you think through your approach.

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There’s no time for “down time.” When you wrap up your key objectives for the fiscal year, it’s time to get to work on new priorities to maximize efficiency in the coming year. By being proactive, you’ll be able to hit the ground running and achieve amazing things.

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Looking for a way to enhance their employees’ domestic relocation experience, KONE, a global leader in the elevator and escalator industry, partnered with Mercer to assess and redesign their North American policies.

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Before you breathe a sigh of relief and submit your budget for the coming year, ask yourself one question, “Have I considered all the aspects of our employees’ experience?” Employers are awakening to the need to consider all the elements that impact an employee’s life – not just the employee’s work life – and how to design offerings and programs that position them to stand out in the eyes of candidates. Where are you in that journey?

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