Skills-based hiring for employee retention & talent acquisition
The most forward-thinking and agile businesses are shifting their focus away from jobs and zooming in on skills. Reap greater profits by identifying top talent and retaining employees with critical skills for business growth with tools from Mercer Skills Edge Suite.
New strategies for talent acquisition and employee retention
Traditional methods of talent acquisition and employee retention were designed for a bygone era – not for large-scale shifts that we are witnessing in today’s workplace.
The million-dollar question is:
How can business leaders design a future of work strategy that recruits and retains top-quality talent?
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Look out for new technologyMonitor the advancement of automation and artificial intelligence, its impact on your workforce, and future job functions
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Re-evaluate and redesign jobsIdentify the most important skills for future, re-evaluate your existing workforce, and redesign jobs that can help you fulfil your business vision
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Seize new upskilling opportunitiesDiscover optimal hiring models that attracts top talent by embracing new skills-based hiring practices
Navigate the new business ecosystem with skills for future
Economic uncertainty, rapid digital transformation, and sudden societal shifts have made tried-and-tested HR strategies obsolete when it comes to employee retention and talent acquisition. Get your company back on track with Mercer’s global consulting team, advanced data, and technology toolkit. Understanding the skills for the future and knowing how to pay-for-skills with Mercer’s Skills Edge Suite will help your company navigate uncertainty.
Identifying high-priority skills is easier with Mercer Skills Library
Mercer Skills Library is a global job taxonomy that comprises over 3,000 unique skills. Identify priority skills, understand your current bench strength, and identify opportunities for upskilling and reskilling by creating your skills-based future roadmap.
Reward skilled workers without underpaying or overpaying with Mercer Skills Pricer
Mercer Skills Pricer uses global market data and predictive modelling to help you visualise skills demand and its impact on pay. Stay ahead of hiring trends by keeping track of in-demand skills and reskill your teams in advance.
Retain talent with relevant compensation benchmarks using Mercer Skills Pay Planner
Mercer Skills Pay Planner uses machine learning and AI to recommend compensation packages with just the right balance. Align your incentives with skill scarcity, business strategy, career potential, performance, retention risk, and more.
Learn how your competitors are shifting their focus from jobs to skills
Find out how Mercer and a large R&D organization in Singapore transformed their skills agenda, employee payment, and career ladder to develop an upskilling and reskilling culture among their employees.
Don’t replace people. Reskill your workforce.
Adjust to the new realities of a skills-based future by focusing on people — the future of business.
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Mobilizing skills for new business demands
The answer to your problems might be right under your nose. Instead of spending time and resources recruiting to fill skills gaps, why not look inward by upskilling or reskilling your existing workforce? Who knows, you might uncover hidden opportunities for job redesign. -
Will you have the right skills at the right time?
Stay one step ahead instead of playing catch up. Pre-empt and plug emerging skills gaps before new business needs arise by aligning your talent acquisition strategy with your long-term business strategy. -
Are you building foundations for the future by attracting and retaining top talent?
Pay scales, compensation, and benefits are the foundations for attracting and retaining top talent. Design, recruit, build, and retain a high-performing workforce that lasts with the right incentives.
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