We partner with clients to develop robust workforce rewards and compensation structures with your business objectives in mind. We ask challenging questions, analyse data in rich, targeted ways to ultimately help you in crafting breakthrough solutions.
Effective rewards strategy design means embracing the needs of a diverse, multigenerational workforce. Gen X-ers, millennials, and baby boomers of all backgrounds are working together. It’s a beautiful thing — and something that demands a more nuanced rewards strategy than ever before.
After all, “rewards” means something different to different people, at different times in their lives, and in different parts of the world. In the era of choice, how you design and deliver this cornerstone of the employee value proposition is the biggest retention lever you can pull.
An even greater challenge that lies beyond creating a flexible framework for a diverse workforce is anticipating jobs that have yet to be created. The next generation of workers will be asked to fill many roles that don’t even exist today. But how can you plan for what you don’t know?
As an industry leading team of specialists with local and global insights, we can help you with your rewards and incentives strategy.
Improve performance with planned remuneration and benefits.
Take advantage of local and global remuneration data and insights.
Improve employee engagement with tailored rewards and incentives.
As unique as each person’s career is, we can make your rewards structure easier and more efficient with solutions like job levelling across your organisation and the world, job architectures that help your employees build careers and dynamic career frameworks that guide your rewards decisions.
Mercer can help you to develop meaningful workplace rewards that can help you:
Mercer’s workforce rewards and incentives consultants are trusted advisors to public- and private-company senior management and boards of directors. We’re committed to providing the best-in-class expertise in the areas of workforce rewards and incentives and benefits, pay-performance alignment, and corporate governance.
Our workforce rewards and incentives advisory services are founded on: