Skills-based transformation solutions
Mercer Skills-Edge Suite is an integrated service offering comprising consulting, technology, and data. The Suite gives you the information and insight you need to advance skills-based talent and pay practices across your company.
How to start your journey?
Pay-for-skills practices can lead to increased attraction and retention of critical skills. In addition, they can strengthen and reinforce other people initiatives, such as workforce planning, performance management and career development.
Mercer products that can support pay-for-skills initiatives include:
Lay the groundwork for skills-based decision-making.
Skills Library offers a rapid short-cut to deploying a skills taxonomy that is based on market data — the first step in adding skills to your organization’s pay strategy.
Determine which skills are most valuable to your organization.
Skills Pricer is a self-service web application that reports which skills influence the pay of a selected job, as well as assigning a value to those skills. Additionally Skills Pricer allows you to customise a benchmark job to reflect your own unique skills mix, and see how that impacts on pay for the new role.
Reinvent your rewards with pay for skills.
This AI-driven tool is designed to equip organizations with intelligent pay at the employee level – based on business strategy – combining skill scarcity and business criticality, along with other business-related employee performance data.
Transformation demands deconstructing jobs into units of skill and updating talent models so skills become the basis for defining work, deploying talent, managing careers and valuing employees. Without accelerating progress on their skills agenda, organizations won’t have the talent to take advantage of emerging new jobs. Leading companies are re-inventing their talent and reward programs around skills.
Making the move from jobs to skills affects how you approach workforce planning, reskilling/upskilling, performance management, your internal talent marketplace, succession planning, pay and talent acquisition. Partner with Mercer to help you transform your workforce.
Apply internal and external supply and demand skills research data for enhanced insights and redefined talent/skills pools
Conduct rapid reskilling, targeted by robust assessment capability, without laborious current state analysis
Measure skills and capabilities objectively for talent acquisition, development, succession or a broader people strategy, based on your skill framework
Invest in future skills and reinvent pay programs with AI-driven pay decisions based on skill demand, supply and criticality
Know that agile environments require rapid, multi-sourced performance feedback and assessment, so skill proficiency and development activities are even more critical
Enable employees’ ownership of their careers through skill mapping and adjacencies, which shine a light on actionable career paths
Ensure succession pools are informed by individual skills to expand potential talent pipelines and avoid job structures that may limit diversity
Deploy talent to gigs, projects, experiences based on skills supply and demand, promoting internal mobility and diversity of thinking and experiences across the organization
Select candidates based on skills, using AI-driven skill inferences and simple digital assessment tools to improve the quality of the process and the candidate experience
In this interview series, several Mercer experts talk with IBM executives about the journey IBM has taken to plan and adopt a skills-based pay approach.
Listen to the interview series to gain insights, and get started on your skills-based journey!
Brian partners with clients to address their future of work challenges related to skills and career. With more than 20 years of combined corporate and consulting experience, Brian has helped shape Mercer’s point of view and solutions around skill-based talent practices.
Peter is responsible for Mercer’s global go-to-market strategy for Skills-Edge products. In this role he focuses on understanding customer needs, collects feedback from users, and guides cross-functional teams across development, product, operations, sales, marketing and finance.
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