Many cities and states are establishing a $15 per hour minimum wage. How are retailers responding? They’re not all rushing to proactively comply. Instead they are considering how they reward and motivate employees beyond pay.

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The COVID-19 pandemic has turned the world of work — and life in general — upside down. Strong employee engagement is always critical to the success of your organization. In the current climate, it’s even more essential. Discover why it’s so important to check in on your employees right now and how to do it effectively.

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Earlier this month, Mercer conducted the 2020 US Compensation Survey – Monthly Pulse. Given the current economy and dynamism of the labor market, we decided to take the “pulse” of employers right now to find out how the COVID-19 crisis may or may not have impacted 2020 salary increase budgets and implementation. Take a look to understand how others are handling merit and total increases for 2020 and beyond.

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Layoffs are a challenging time for all involved. Following these five best practices for communicating layoffs to remaining employees will help to ease the transition and set up the organization for future success.

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Many clients have asked about the reliability of our compensation data in light of the COVID-19 pandemic and resulting market volatility. We share that concern and are taking action now so that the surveys we publish in Q3 are relevant and accurately reflect the market. In this brief video Belinda Roberts, Survey Leader for the US and Canada, talks about some of the specific things Mercer is doing now to address these concerns.

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Find the answers to these key questions:

• What is happening to Social Security?
• Is the future of Social Security affected by the coronavirus?
• What does Medicare cover for the coronavirus?

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Times of uncertainty naturally make us feel overwhelmed and anxious. It's tempting to spend time on other essential activities and choose not to participate in compensation and benefits surveys and maybe to even consider compensation surveys as a variable cost that you can reduce this year. Not now; you’re going to need this data.

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