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 | ||
|---|---|---|---|---|
| Remuneration for a specific job | 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. | £185 per job | Buy market pricer | View sample report |
| Pay across the UK | 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. | From £4,220 | Buy Total Remuneration Survey (UK Edition) | View sample report |
| Pay and workforce metrics for the high-tech industry | 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. | From £5,500 | Request a demo | |
Unsure which products will meet your needs?
Get in touch for a no obligation discussion with one of our experts.
2. How can I use the data effectively?
There is more to a successful rewards strategy than data. Complement compensation data with actionable HR reports and insights to make your HR decision-making easier, faster and more targeted.
| Consider this... | Price | ||
|---|---|---|---|
| Talent All Access© Portal: For companies operating regionally or globally to gain unlimited access to all the workforce data, tools and insights you need to help lead your organization towards success. | From £22,000 | Buy Talent All Access© Portal | View TAAP brochure |
| Consider this... | Price | |
|---|---|---|
| Talent All Access© UK: For companies operating within the UK, access market-specific workforce insights and reports to help your decision-making processes. | From £3,700 | Buy Talent All Access© UK |
| Consider this... | Price | ||
|---|---|---|---|
| Employee Engagement Survey Toolkit: Access a set of recommendations, practices, techniques and templates to use as you plan your employee engagement survey or enhance previous efforts. | From £1,850 | Buy Employee Engagement Survey Toolkit | View sample report |
| Survey included in Talent All Access© Portal subscription. | |||
| Consider this... | Price | ||
|---|---|---|---|
| Global Compensation Planning (GCPR): Insights to help you understand salary increase budgets and economic data over a three-year period, including historical trends, to help you make timely, fully informed decisions on compensation budgets. | From £520 | Buy Global Compensation Planning (GCPR) | View sample report |
| Report included in Talent All Access© Portal and Talent All Access© UK subscriptions. | |||
| Consider this... | Price | ||
|---|---|---|---|
| Incentives Report: With information on short-term, sales, and long-term incentives, you'll gain perspective on which incentives are commonly offered and how payouts differ by level. Take a deeper dive into short-term incentives by comparing job families and industries. | From £740 | Buy Incentives Report | View sample report |
| Report included in Talent All Access© Portal and Talent All Access© UK subscriptions. | |||
| Consider this... | Price | ||
|---|---|---|---|
| Workforce Movement Report: Learn more about the overall employment landscape and the pool of talent available to recruit, along with information on where to focus your compensation budget — whether it’s paying a premium for certain skills or using sign on or retention bonuses to attract or keep critical employees. | From £740 | Buy Workforce Movement Report | View sample report |
| Report included in Talent All Access© Portal and Talent All Access© UK subscriptions. | |||
| Consider this... | Price | ||
|---|---|---|---|
| Inclusive Benefits Survey: For companies operating regionally or globally to gain insight into international benefit standards, including those designed to address the gaps and disparities in healthcare, well-being, and financial protection for minorities and underrepresented groups. | From £3,700 | Buy Inclusive Benefits Survey | View sample report |
| Survey included in Talent All Access© Portal subscription. | |||
| Consider this... | Price | |
|---|---|---|
| UK Benefits Policies and Practices: For companies operating in the UK to gain insight into key inputs on prevalent market practices around salary increases, insurances, medical benefits, pensions, short and long-term incentive practices and more. | From £1000 | Buy UK Benefits Policies and Practices |
| Consider this... | Price | ||
|---|---|---|---|
| Worldwide Benefit and Employment Guidelines (WBEG): As the laws and regulations governing benefits constantly change, tracking reliable information can be time-consuming and expensive. Use WBEG to navigate this complex topic by global-view, by region or by single country market, and ensure you’re providing the right level of coverage for your employees. | From £740 | Buy Worldwide Benefit and Employment Guidelines (WBEG) | View sample report |
| Report included in Talent All Access© Portal and Talent All Access© UK subscriptions. | |||
| Consider this... | Price | |||
|---|---|---|---|---|
| Transportation Policies and Costs: Discover which types of transportation benefits companies typically offer and understand their associated costs. | From £520 | Buy Transportation Policies and Costs Report | Sample report: Transportation costs | Sample report: Transportation policies |
| Report included in Talent All Access© Portal and Talent All Access© UK subscriptions. | ||||
| Consider this... | Price | ||
|---|---|---|---|
| Leave Programmes: Review market practice and statutory requirements of paid and unpaid time off for a selection of core leave programs. | From £740 | Buy Leave Programmes Report | View sample report |
| Report included in Talent All Access© Portal and Talent All Access© UK subscriptions. | |||
Unsure which products will meet your needs?
Get in touch for a no obligation discussion with one of our experts.
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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