WITH CARS, YOU CAN IMMEDIATELY
Gain competitive insights
- Obtain Data analysis on pay levels to access market competitiveness by market, region or industry.
- Study compa-ratio against the market using your company’s pay philosophy and guidelines. This provides you with an understanding of competitive practices and insight into market pay mix policies.
Ensure fairness with internal calibration
- Obtain data analysis on company data to gauge internal parity and ensure alignment of actual pay practices to pay policy.
Ensure budgets are used wisely through analysis of pay dispersion
- Obtain Reports on statistics from 5th percentile to 95th percentile.
The value of greater efficiency, reduced errors, and expert analysis and reporting translates into much better returns for your business.
i. Deviation Analysis by Job
Analysis done at each incumbent level where deviation percentage is calculated against the
actual market data for the Mercer Job Library Code mapped, at all chosen percentiles based on the peer group selected.
ii. Deviation Analysis by Job Family
View the average deviation reports at each Mercer Job Family or Sub Family based on Career Level/Stream for all compensation components – Comp1, Comp2, Comp3 (Actual) or Comp3 (Target). This analysis allows you to view market competitiveness at the department level and highlights focus areas for your organization.
iii. Company Trend Line Analysis
Regression is done for both the chosen peer market and the company data to assess the company's overall positioning at each Mercer Position Class (PC) for all compensation components. You can also view regressed data tables for accurate comparison.
iv. Company Practice vs. Policy
You may view how incumbent scatter points on Actual and Average Pay compare against the Company Pay Policy line, so as to understand the company's actual pay practice against the established philosophy.
v. Internal Equity
This report plots the actual salaries of all incumbents at each position class against the Minimum, Median and Maximum regressed lines of the company pay. It helps you to view pay equity between like-positions and the report highlights if all roles are governed by the same guidelines.
vi. Compensation Mix Analysis
The ratio between annual guaranteed (fixed) compensation versus annual variable pay is illustrated for each Mercer career stream and level, for both market and company.
vii. Pay Dispersion
The Pay Dispersion index provides the scatterplot of compa-ratio of each incumbent at each Position Class against the index of 100% compa-ratio market reference salary. It helps you to see if incumbents are paid significantly lower/higher for a similar job size.
viii. Internal Grade and Position Class
Quickly assess your company’s overall positioning at each internal grade level for all compensation components against a chosen peer market.
Need Help Interpreting Data?
If you would like assistance in interpreting and presenting data, our consultants are on hand to provide consulting services and recommendations.
This is especially useful for clients who need quick help to do all kinds of analyses and would prefer a Mercer consultant to share key findings with stakeholders.
Contact Mercer Now
Please contact our client solutions team at client.solutions.asia@mercer for more information and a quote.