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Optimize your compensation plan for better employee experience
Today, it’s more important than ever to get base pay right. Rapid technology advancements are transforming the jobs landscape, and the competition is tough when it comes to hiring, and keeping, the employees you need for those in-demand jobs. As most companies look to realign pay, focus on retention, and address pay equity concerns across employee groups, having accurate market data is important. The good news? Getting pay right doesn’t need to be challenging.
Mercer salary surveys give you the confidence you need to build defensible reward structures, identify pay premiums for hot jobs, and execute on other important aspects related to pay. No matter the size or scope of your data needs, Mercer helps you understand current market trends to set you apart from the competition.
To make rewards meaningful for both your business and your employees, your rewards should be:
Informed by the market
Performance-driven
Delivered fairly and consistently
Designed to support individual career development
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