Explore the benefits of participating in Mercer Salary Surveys, both for organizations and employees. Delve into how these surveys help organizations make informed decisions about compensation, attract and retain top talent, and stay ahead of industry trends. 

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Discover the key strategies and insights to thrive in your new role as a compensation professional. From understanding industry trends to mastering effective communication, we provide valuable tips to help you excel in your career. Unlock your potential and achieve success in the dynamic field of compensation management.

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Your best bet for securing energetic new employees might just be turning to new graduates and interns. But, attracting this group might mean taking a fresh approach when it comes to total rewards. In Mercer’s US New Graduate Pay and Gen Z Compensation report we reveal what other employers are doing to attract and retain recent graduates, interns and co-op participants.

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From navigating limited budgets and approval processes to separating performance feedback from pay discussions, we delve into practical tips that empower you to foster open communication and transparency with your employees. By implementing these strategies, organizations can create a supportive environment where managers feel equipped to address pay-related concerns and deliver annual increase news effectively.

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Pay compression occurs when there is a minimal difference in pay between employees in different positions or with varying levels of experience. We explore the basics, including its causes and implications, as well as provide strategies for addressing pay compression issues to ensure fairness and maintain employee motivation and satisfaction.

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This detailed job analysis guide dives into all the details on what job analysis is and how you can successfully perform one. We’ll also look at 4 different methods to performing a job analysis and 6 different questions you can ask to help you get started.

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Let’s take one more look at what employers are forecasting for salary increase budgets for 2024. The 2023 Mercer QuickPulse™ - US Compensation Planning Survey also has insights to share on promotions, off-cycle increases, salary structure adjustments, and some hot topics, such as pay transparency.

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Taking the intel from the 2023/2024 Inside Employees’ Minds study we’ve identified the top 5 areas of focus for HR professionals as we head into 2024. Lets dive in!

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