Prepare your organization for skills-driven talent and pay practices
Insights to help you accelerate the shift from jobs to skills to build an agile, future-ready workforce
Attract and retain critical skills
As industries develop and organizations change and grow, skill gaps appear, and certain skills become obsolete. To propel your organization forward, you need to fill those skill gaps efficiently, either through precision hiring or by redeploying or reskilling employees. But many organizations are finding it challenging to make timely decisions about whether to reskill, recruit, or outsource for a particular skill because they lack good information.
25%
Only 25% of companies consider themselves successful in classifying, tracking, and rewarding skills
- Mercer Global Talent Trends Study
Only 14% of companies have implemented skills-based talent strategies, such as pay-for-skills or a skills framework
Moving from jobs to skills
To build more agile and flexible workforces, forward-thinking organizations are shifting from jobs to skills. Transforming to a skills-driven approach requires deconstructing jobs to units of skill and updating talent models so skills become the basis for: defining work, deploying talent, managing careers, and valuing employees. Moving from jobs to skills will help reduce turnover, as well as support employee engagement, talent acquisition, and productivity. Set up your organization for a successful future by implementing a robust skills strategy.
Key benefits of a skill-based talent and rewards model:
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Understand the skills needed to support your future strategy
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Re-envision your talent supply to meet business demand
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Build a healthy and resilient talent ecosystem
Watch video: Learn how our pay-for-skills solutions equip your organization with the skills to succeed.
Introducing Mercer Skills-Edge Suite
Balance your short-term tactical needs with longer-term transformational objectives using these flexible products in the Mercer Skills-Edge Suite:
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Skills LibraryLay the groundwork for skills-based decision making
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Skills PricerDetermine which skills are most valuable to your organization
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Skills Pay PlannerReinvent your rewards program with pay-for-skills
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