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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Global Mobility teams have been front and center dealing with the COVID-19 developments around the world. Companies are striving to keep assignees safe while complying with corporate policies that are changing daily. At Mercer, we have been in ongoing conversations with our clients, discussing a variety of issues flowing from the COVID-19 outbreak, which affect global mobility programs.

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More and more workers today are looking for the option to work remotely. With the help of modern technology, it’s a perfectly realistic option for many. Offering virtual work opportunities could be an attractive strategy for you as an HR professional, but it’s not ideal for every situation. Are you ready to start developing your virtual work policy?

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Budgets for merit-based salary increases have remained flat for years, meaning your company should be looking to other avenues for incentivizing and retaining top-performing employees. The use of performance-based bonus is an attractive option for doing so, but only when executed correctly.

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Check out the highlights from Mercer’s 2020 Canada Geographic Salary Differential Tool to get a head start on your compensation planning.

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There’s no time for “down time.” When you wrap up your key objectives for the fiscal year, it’s time to get to work on new priorities to maximize efficiency in the coming year. By being proactive, you’ll be able to hit the ground running and achieve amazing things.

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If you’re not prepared to keep your company properly staffed, you’re sure to lose valuable time and resources finding replacements. With this high-level market data collected from top organizations throughout North America, start optimizing your plans today.

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