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The impact of COVID-19 on executive pay image

The impact of COVID-19 on executive pay

July 01, 2020

Organizations around the world are dealing with economic uncertainty and financial strain as a result of the COVID-19 pandemic. One very visible action that companies are taking is to reduce pay, starting at the top. CEOs of many prominent companies have either completely given up their salaries or taken significant pay cuts temporarily. Take a look at our helpful framework to determine whether adjusting executive pay is the right move for your organization.

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

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

June 29, 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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COVID-19 – Little to no impact on rewards practices image

COVID-19 – Little to no impact on rewards practices

June 25, 2020

In June’s version of the US Compensation Planning Pulse survey, participants were asked about how they are handling other compensation management decisions, beyond annual base pay increases. Their response — to simplify, is that it’s business as usual.

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Differentiating with last-mile delivery image

Differentiating with last-mile delivery

June 22, 2020

It is more important than ever before for businesses to move fast in differentiating themselves in their last-mile capability. As necessary as it is to move quickly, it is also vital to make decisions that will stand them in good stead for the longer term. Read on to hear how this important shift is impacting retail.

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Most employers are staying the course image

Most employers are staying the course

May 27, 2020

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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Top 10 questions to assess business continuity readiness image

Top 10 questions to assess business continuity readiness

May 26, 2020

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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Win with empathy image

Win with empathy

May 18, 2020

Mercer’s Global Talent Trends found that in North America, most employees (63%) believe their organization does not effectively balance economics and empathy when making decisions. Leading companies listen intently to their people and show they care by nudging them towards brighter futures.

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