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How to attract and retain hourly talent image

How to attract and retain hourly talent

October 05, 2023

Like many in the hospitality industry, you may be experiencing a shortage of hourly workers. In this post we explore the three factors you can focus on to differentiate your company in order to become attractive to hourly candidates.

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10 tips for compensation professionals  image

10 tips for compensation professionals

September 25, 2023

Whether you've been a compensation professional for years or or just starting your career, you already know how complex compensation planning can be. These 10 tips can help you fill your toolbox with with tools you need to more efficiently perform your job.

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2024 Annual increase budgets are forming image

2024 Annual increase budgets are forming

September 14, 2023

In the recently published Compensation Planning Survey, part of Mercer QuickPulse™ survey series, we are seeing a lower that expected annual increase budget and a stabilizing labor market. Read more on projected budgets for 2024 and how you can easily access the results to help you finalize our 2024 increase budget.

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Market Pricing 101: using general industry and industry specific data image

Market Pricing 101: using general industry and industry specific data

September 07, 2023

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

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Why you need salary surveys image

Why you need salary surveys

August 14, 2023

Accurate and timely compensation data holds even greater value this year as the dynamic between employee and employer continues to shift. This complex labor market means that there is no shortcut or substitution for valid, quality annual salary survey data and compensation reports.

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Market pricing 101: establishing a benchmark methodology unique to your organization image

Market pricing 101: establishing a benchmark methodology unique to your organization

August 02, 2023

Are you ready to take your market pricing to the next level? Develop and implement a benchmark methodology to increase your accuracy, efficiency and consistency and be sure your job pricing is aligned with your compensation philosophy.

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Types of pay structures – which is best for my organization? image

Types of pay structures – which is best for my organization?

May 25, 2023

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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Determining if your pay is competitive image

Determining if your pay is competitive

May 16, 2023

Understanding whether or not your compensation program is competitive is a fundamental question that you'll likely have to address if working in human resources. What exactly does 'competitive' mean and how do you find out? Read on for some helpful tips.

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