Technology industry

Programming your success

With a rapidly evolving workforce, it is important now more than ever to have a total rewards framework to meet your organization's needs. Benchmarking is an important part of building your organization's employee experience, and our 2023 Tech Total Rewards Survey provides key insights into the trends that are driving change for tech employers right now:

While balancing business pressures to reduce costs, employers are focusing on the following for their employees:

Financial planning
Savings or education programs
Stress management coaching
Company wellness programs
Advocacy programs

DE&I continues to be a top priority in benefit discussions. Employers are looking to provide meaningful ways to support the needs of a diverse population, by providing benefits such as:

Enhanced fertility coverage and assistance for adoption and surrogacy
Assistance for adoption and surrogacy
Enhanced behavioral health/digital mental health solutions
Paid parental leave and caregiving support
Enhanced LGBTQ+ initiatives
Lifestyle spending accounts

According to our recent Tech Total Rewards Survey, we have found tech employers are investing more in pay transparency and financial support increase through efforts such as:

Sharing full range of employees’ salary range/band
Offering 401(k) matches greater than 5%
Continued interest in financial wellness programs

Mercer's approach

Our primary mission is to support yours. With our tech industry knowledge, we bring comprehensive knowledge to help you with the issues that are most important to you, including:

Designing tomorrow’s employee experience
Revectoring the HR Operating model
Improving inclusion and wellness
Containing cost and mitigating risk

Watch our video to learn how create and maintain strong and competitive benefit plans. See how we helped a high tech client with 1,400 employees over three years.