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Fine tuning your talent strategy is easy with the right general industry surveys and reports

Fine tuning your talent strategy is easy with the right general industry surveys and reports

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Understanding where you need to focus your budget — on what jobs and with what rewards — is probably top of mind. Whether you’re heavily recruiting or working on improving turnover, you need a one-stop shop that provides trustworthy and comprehensive market data.

Mercer has the data and insight you need to realign your compensation strategy and employee value proposition, and to help you keep up with today’s industry trends and exciting pace of change.

Evaluating your pay strategy

According to a recent survey from Mercer1 of the US companies that say they plan to revisit their total rewards strategies in the next 6 to 12 months, 71% plan to make investments in compensation. Should you redesign your rewards strategy?

Market research shows significant differences across industries, positions, locations, and company sizes and reinforces how simply aging salary survey data isn’t the best approach. With Mercer, everything you need to assess your pay now and to plan for the future is within reach. Here are some tools to help!

Mercer QuickPulseTM Total Rewards and Recognition Edition

Listening to your people

Employee engagement is key to leading with empathy, which is a top concern for employers, according to Mercer’s 2022 Global Talent Trends report. But employee engagement is not a one-size-fits-all approach. An engagement survey is often what employers turn to when doing employee research, but there are so many more options available today. Take a look at engagement tools, which can help you ask the right questions, to get the best out of your brightest by listening to your general industry employees.

Refreshing your policies

Do your policies and practices need a revamp, given how quickly the work world has changed? Mercer’s reports cover that and more, such as relocation, compensation administration, paid time off, flexible working, and benefits and perks. All go into creating an employee value proposition, which supports your talent strategy. Find the industry information you need today.

Making tough decisions

When making difficult choices related to layoffs, furloughs, and reduced hours, it’s important to remember that the way in which your organization treats departing employees has a lasting impact on your employer brand. Get the tools and the research you need to handle these tough decisions gracefully and be conscientious of the well-being of your impacted employees.

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