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Types of pay structures – which is best for my organization?
There are many different structure designs and not all support the same sort of pay management. Let’s take a look at the many different types of pay management constructs and consider how they might work for various employee populations and organizational cultures. Do you have the best pay structure for your organization?
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Are employers reigning in their compensation practices?
So, are you curious? I know I am. There is the continued anticipation of a recession and the labor market remains tight, yet companies report they are in a ”growth” stage. Just how did employers spend their annual increase budget?
Are your total rewards adding up?
Employers are actively managing their total rewards offerings and they're having success! Take a look at the results of our new QuickPulse™ survey focused on total rewards and recognition to see if your total rewards offerings are adding up.
Recession fears don’t seem to be impacting increase budgets
As we close out 2022, employers are planning to provide higher annual increases than they have in over a decade. In addition, new hire pay and equity adjustments to ward off compression are causing pay to continue to climb.
The top 5 HR priorities for 2023
Wondering where to put your focus and energy in order to prepare for 2023? In a world that continues to throw us curve balls, here are some suggested priorities to prepare you for success in 2023.
How much larger will increase budgets be in Canada for 2023?
Annual increase budgets and salary structure adjustments are higher than previously reported in 2022, but will they go higher? 2023 Canada compensation budget projections.
Tackling recruitment challenges in the tech explosion
Mercer's Liz Elliott discusses opportunities and obstacles for employers seeking to fill tech roles in Canada.