A new chapter begins
Navigate employee remuneration and engagement with ease
With cost of living and economic crises on the doorstep, access the right UK workplace insights and benefits data to handle the people risks impacting your business.
Prioritising resources to manage people risk
Organisations in the UK are responding to what is a very difficult and volatile time. Many are reviewing their compensation and workplace benefits in an effort to learn from the mistakes of the COVID pandemic. To help organisations closely support their workforce, we recently conducted some research to understand the top five people risks impacting businesses.
One of the most glaring vulnerabilities the research uncovered was that only 28% of companies can confidently say they have a competitive employee value proposition, including reward practices, in place. This omission can only become more significant going forward, given the current pressures on pay, resulting from the cost-of-living crisis and tight labour market.
The five pillars of people risk with the greatest impact on business:
Health and safety
Government and financial
Accelerated digitalisation
Talent practices
Environmental and social
Setting up for success: how-to guide
1. Where to get started? The right market data
Offering compensation below market standards puts your company at a disadvantage in the war for talent. On the other hand, you want to take care of your bottom line and balance cost containment with employee satisfaction. How do you find your sweet spot?
We offer a range of pay and benefit data solutions to help you understand the compensation landscape relevant to your company and suited to your requirements. The comparison below helps you understand which solution matches your specific needs.
| What are you looking to benchmark? | Consider this… | Price | ||
|---|---|---|---|---|
What are you looking to benchmark? Remuneration for a specific job |
Consider this… Market Pricer: Self-service job pricing tool that allows you to access global pay data by job. Benchmark pay (base vs bonus), across over 400K jobs from across the world. Designed to analyse jobs within a specific market. |
Price £185 per job |
Buy market pricer |
View sample report |
What are you looking to benchmark? Pay across the UK |
Consider this… Total Remuneration Survey (UK Edition): Access UK market-specific data within the world’s largest and most comprehensive remuneration resource. Included with over 400K jobs, dive into the total cash compensation, annual total remuneration and much more. |
Price From £4,220 |
Buy Total Remuneration Survey (UK Edition) |
View sample report |
What are you looking to benchmark? Pay and workforce metrics for the high-tech industry |
Consider this… Comptryx: Whether your company is in the tech industry has a strategic tech focus, this product gives you access to relevant global pay data and workforce analytics, including labour cost modelling and workforce trends. |
Price From £5,500 |
Request a demo |
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Unsure which products will meet your needs?
2. How can I use the data effectively?
Unsure which products will meet your needs?
3. Or, let us take care of all your benefit needs
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Bring together your employee value proposition and benefits with Darwin™
Darwin™ seamlessly integrates with tools you already use, offering automation, enhanced user experience and connectivity, as well as increased analysis capabilities – all from one single platform. And your employees have benefits they can connect with effortlessly at any time, from any device, from anywhere in the world. -
Build your benefits package with Elect, by Mercer Marsh Benefits
Elect helps you create a cost-effective benefits package, based on what your business really needs. Your MMB relationship manager will help you identify which core benefits and any additional free enhancements you may have access too, that are right for your business. We work with market-leading insurers to give you as much choice as possible. Taking care of setting up your benefits programme and communicating what’s on offer to employees, to maximise engagement.
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