An employee reward programme that retains and attracts talent
A performance-driven employee reward strategy
Today’s job market is extremely competitive and finding talent has never been more of a challenge.
The right salary and or compensation package can help meet that challenge and mean you can retain staff who can grow with your company.
Mercer partners with clients to design incentives that are motivating and appropriate for their particular market.
This means:
- Tailoring remuneration and incentives to your strategy, culture and operating model, and the wider employment landscape including job evaluation.
- Creating models to ensure outcomes are defensible; this means making sure you have a job evaluation strategy that can be tested against a wide range of performance outcomes. The plans we design will take into account the market context, affordability and the expectations of shareholders, regulators and other stakeholders.
The plans we design will take into account the market context, affordability and the expectations of shareholders, regulators and other stakeholders.
How Mercer can enhance your employee rewards offering
Are you paying too much — or too little — for emerging jobs and skills? Are other companies offering incentives or programs you don’t have? Our benchmark database uses the most accurate and up-to-date market data practices for evaluating and establishing competitive compensation. With Mercer’s job evaluation tools, you’ll have access to relevant market data that helps you calibrate pay levels across countries and industries.
We can solve your most pressing employee reward with our Packaged Workforce Reward Consulting Solutions.
Our Packaged Workforce Reward Consulting Solutions are built on Mercer’s HR consulting heritage, delivering best practice design combined with practical tools. Our solutions establish the foundations for more effective HR and employee reward management in the areas of highest focus, including:
- Grading and pay management
- Sales compensation
- Company cars
- Gender pay reporting and equal pay
- Job evaluation
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Compensation, data, insights and research
Mercer compensation, benefits and workforce metrics solutions provide current and relevant data across a variety of critical functions, industries, organisations and sectors. -
Executive compensation
Mercer’s executive compensation consultants help organisations design compensation policies and incentive plans that are aligned to performance, defensible to external stakeholders, linked to wider reward strategy and designed to drive future performance. -
Compelling Employee Value Proposition
Strengthen your employee value proposition and inspire higher levels of motivation, productivity and workplace satisfaction with a redefined total rewards strategy that goes beyond optimisation of just pay and benefits. -
Job and career architecture
Mercer's job architecture and career frameworks offering delivers tools/activities that support you and help influence employees to make career decisions that benefit employees and align with the organization’s talent. -
Job evaluation (IPE)
Mercer IPE delivers job analysis and job evaluation projects using our International Position Evaluation (IPE) system. -
Packaged workforce rewards consulting solutions
Simple, intuitive solutions to accelerate your growth strategy and help your people thrive.