Budgets for merit-based salary increases have remained flat for years, meaning your company should be looking to other avenues for incentivizing and retaining top-performing employees. The use of performance-based bonus is an attractive option for doing so, but only when executed correctly.

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Part of managing a compliant, effective self-funded medical and pharmacy plan is conducting regular audits. In this article, Mercer’s experts have identified several areas of concern that should be reviewed during your next audit to ensure that you don’t leave plan dollars on the table and are meeting your fiduciary obligations.

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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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With the uncertainty and instability from the global pandemic, it’s important for businesses now more than ever to be ready for the unexpected. If an executive or key player in your company needed to step back, would you be ready to fill the gap that person left behind?

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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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With new laws taking shape across the US, becoming transparent about pay is now more important than ever. To stay relevant and successful, here are three reasons why your company should adopt pay transparency.

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Though the headlines would have you believe that employers are all reducing their workforce and cutting pay, according to Mercer’s May edition of the 2020 US Compensation Planning Pulse Survey, that doesn’t exactly seem to be the case.

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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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