With the module on labor cost modeling, you have the ability to design virtual organizations on the fly and estimate payroll costs in locations around the world. Find answers to key questions, including:
- What markets represent the lowest total labor costs to the company?
- Are we working in the most affordable locations?
- What is our average global total labor cost? Per country? Per region?
Mercer | Comptryx offers users the capability of analyzing the vast array of pay elements (base salary, total cash, etc.) and workforce metrics (turnover, hiring, promotion rates, etc.) in the online reporting tool. The analysis is available for market pay/metrics data and your own data and can be separated into multiple categories to visualize differences in data trends.
Trending functionality allows up to a 5-year historical analysis of pay elements for key jobs and changes in workforce composition. Trend analysis benefits for your organization include:
- Workforce planning – How is the workforce composition of technology companies changing? Is our corporate goal of transitioning R&D staff to more affordable locations being realized? Has our average pay globally decreased as a result?
- Effectiveness of diversity programs – Has female representation changed in various roles/jobs in locations across the globe? Is the wage gap closing in our organization on a job-by-job and country-by-country basis? How effective have our diversity programs been relative to those of our peers?
- “Talent Traction,” turnover, and hiring – Has our strategy to tailor our compensation to better retain talent in key roles resulted in decreased turnover in the years since these programs have been implemented? Are our hiring vs. turnover rates changing in a predictable way that supports our headcount targets? How does our pace of attracting and retaining talent compare with that of our peers?
- Age/generational analysis – Are there pockets in our population where a significant number of staff are trending closer to retirement age? Given that our management staff continues to comprise much younger employees as compared to the market, do we have enough experience in our management ranks to lead the company effectively?
H3: Product Details
Sections in the horizontal navigation
Overview
Today's accelerated digital transformation is bringing unprecedented demand for technology jobs and expertise. Keeping up with the blistering pace of change all while understanding the ins and outs of your workforce is challenging.
Mercer | Comptryx, a premier online solution focused on the highly competitive tech industry of today, provides international job benchmarking for a wide array of positions — both tech and non-tech.
Use the rich database to explore beyond compensation. Measure your workforce metrics against those of your competitors in areas like turnover, gender, ethnicity, new hire rates, and more. Reporting quarterly data in over 90 countries for the tech industry and numerous business critical functions, such as cybersecurity, IoT, data analytics, and software and cloud engineering and design an attractive compensation offering to compete in today’s market.