Staffing Up, Separations Flat for US, Canadian Employers

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More than half of employers in the US and Canada saw an increase in full-time employee numbers in 2013 with separations remaining steady into the near future, according to the Mercer Turnover Survey. The report is based on data provided from 120 Canadian and 145 US organizations in early 2014 and outlines the number of voluntary, involuntary, and retirement separations that occurred in the previous year. Results are compiled by job levels, employee age, industry, region, and other factors. “Employee turnover is a slippery slope,” says Chrisy Wilson, survey lead in Mercer’s information solutions business. “Beyond lost productivity and institutional knowledge walking out the door, there are significant expenses related to interviewing, hiring, and training new employees, plus turnover affects remaining employees also.” She adds: “Companies will never be able to prevent all employees from seeking work elsewhere, but it helps to understand the main motivations for leaving in order to … Learn more

September 15, 2014 | Categories: Infographics | Tags: , , , | 0 Comments | Leave a Comment »

Companies Try to Align Total Rewards with Business Strategies

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While more than half of the organizations participating in Mercer’s 2014 Total Rewards Survey made a significant change to their total rewards strategies in the past three years, less than one-third of them think their total rewards and business strategies are fully aligned. Mercer’s survey examines how firms connect their compensation, benefits, training, and career development practices with … Learn more

September 8, 2014 | Categories: Infographics | Tags: , | 0 Comments | Leave a Comment »

Turning Data into Actionable Insights

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Organizations understand the value of capturing and analyzing their workforce data to support people and business decisions, but they still struggle to do it effectively. Mercer’s 2014 Metrics, Analytics, and Technology Snapshot Survey, conducted among 180 respondents in 145 organizations predominantly in Europe, shows that most organizations have access to at least some workforce data, but … Learn more

September 2, 2014 | Categories: Infographics | Tags: , , | 0 Comments | Leave a Comment »

More Companies In EMEA Choosing Benefits Choice

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The number of companies in Europe, the Middle East, and Africa (EMEA) offering flexible benefits continues to increase as employers look to remain competitive in the labor market and enhance employee engagement, according to the EMEA Employee Choice in Benefits Survey 2014 by Mercer Marsh Benefits. The survey of 636 employers in 17 countries across EMEA examines the role that employee choice plays … Learn more

August 25, 2014 | Categories: Infographics | Tags: , | 0 Comments | Leave a Comment »

Getting a Complete Picture of Employment Costs

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High annual base salary (ABS) does not necessarily correlate with higher total employment cost, particularly when considering a host of factors, according to Mercer’s 2014 Total Employment Costs around the World. The report helps HR and business managers assess the real total employment costs regionally and by career level and position in 72 different markets across the Americas; Asia Pacific; and … Learn more

August 18, 2014 | Categories: Infographics | Tags: , | 0 Comments | Leave a Comment »