Over the last several years, this has been largely a “rinse and repeat” process for compensation teams as budgets have remained steady at 2.5% to 3%. But pressures have continued to mount over the past several months with both inflation and quit rates being at 20-year highs. This has resulted in many employers taking a harder look at compensation plans for 2022.

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This article will provide you with considerations around when to use general industry versus industry specific data – even when to use both!

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Accurate and timely compensation data hold even greater value this year as a new post-pandemic normalcy begins to take shape. Presently, the general economy appears to have stabilized and is starting to rebound. A closer look at the details reveals significant differences across industries, locations, and company sizes. The 2021 compensation trends we see in the data reinforce how simply aging salary survey data would be a mistake.

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Retailers are being particularly hard hit by the talent shortage. Just what is going on and what can be done to bring the workers back?

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Enjoying your summer? We hope so! Want to get a leg up on the busy season in the fall? Here are four easy things you can do to set yourself up for success.

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Digital technology is affecting everything nowadays. With more of a distributed workforce, can you take advantage of the advances in employee listening by employing digital focus groups?

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As the world starts opening up, we are taking a moment to reflect on what the leaders of our organizations likely learned from having a remote workforce. Christina Boiler, one of Mercer’s U.S. leaders, shares her thoughts.

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