Planning ahead in the wealth management sector is difficult under any circumstances, let alone during a global pandemic. Customers are shifting their financial strategies, technology is changing the way things are done, and everyone is facing a culture shift as remote working takes shape. Now as your company moves ahead, having a strategic and competitive pay strategy becomes increasingly important in attracting and motivating the employees you need.
Confidently make compensation decisions for your employees with the US FSS: Wealth Management module. Get the critical insights you need by benchmarking your compensation strategy against data collected from 76 organizations for jobs across 14 position families.
- Base pay
- Long-term incentives
- Pay/employment policies
- Pay range minimums and maximums
- Sales incentive targets
- And much more
Current, reliable data
In light of the economic and workforce changes brought on by the COVID-19 pandemic, Mercer conducted a “data refresh” in August to address any market movement that occurred after the initial survey participation period. You will receive the results of the refresh free with your purchase.
This added step to ensure you have access to the most current, reliable data means you can move forward confidently with your pay decisions knowing that your data accurately reflect the market.
Are you ready to enhance your compensation strategy?