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Moving forward with optimism image

Moving forward with optimism

November 24, 2020

As employers turn their attention toward planning for 2021, just where are they landing when projected annual increase budgets, and incentive plans? With more finalized numbers, since our last pulse in September, Mercer’s US Compensation Planning survey result shows us that some budgets are lower, but not much else is changing.

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Understanding economic benefits for work-from-home employees image

Understanding economic benefits for work-from-home employees

November 20, 2020

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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Hot off the press: Social Security and Medicare updates for 2021 image

Hot off the press: Social Security and Medicare updates for 2021

November 16, 2020

Social Security beneficiaries will receive a 1.3% cost-of-living adjustment for monthly benefits payable in 2021, but this is just one of many upcoming Social Security and Medicare changes to consider! Discover even more here.

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Retail and the pursuit of a diverse and inclusive workplace image

Retail and the pursuit of a diverse and inclusive workplace

November 04, 2020

It is no secret that the millennial and Z generations are having a significant and varied impact on the retail industry. These generations have pushed retailers into the world of last mile delivery, have demanded brands reduce their carbon footprint, and have driven organizations to offer products that address consumers’ diverse and evolving needs. Even more impactful has been the demand that retailers represent positive contributions to society. Read on to learn what DE&I commitments the retail industry has made, and where there’s still work to do.

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Before budgeting: tips for compensation planning image

Before budgeting: tips for compensation planning

October 28, 2020

As an HR or compensation professional, you’re well aware that the definition of compensation planning is changing. With merit increase budgets remaining the same and continued pressure to reward and engage employees, getting started can be a daunting task. This guide will walk you through each step of this pivotal HR process, along with the insight you need to strategically plan your increase budget in today’s climate.

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Must have tools for tech image

Must have tools for tech

October 27, 2020

Organizations that are still succeeding and planning for the future have one thing in common – they’re advancing their digital journey. Who are they looking to for help? The tech companies. The pressure on the tech industry to deliver innovative solutions is greater than ever before. And maximizing operational efficiency is critical for these companies moving at the speed of light. Learn about two invaluable tools that can help tech companies thrive today and plan for tomorrow.

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

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

October 26, 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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US MBD/TRS Data Refresh Summary image

US MBD/TRS Data Refresh Summary

October 23, 2020

You can be confident that using Mercer’s 2020 US MBD/TRS data, published in August, reflects the go forward market. While we did ask employers for additional data, to see if there were additional pay actions as a result of the pandemic, we found that there was very little change. Here is the executive summary of the data refresh for both MBD and TRS within the United States.

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