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Learn which factors impact pay the most and how pay differs relative to the market average.
This is the perfect partner to: Global Pay Summary
Bundle and save!
Create a solid foundation for your pay structure and use your compensation budget wisely to help you attract and retain the right talent while also balancing your budget.
You can now buy Mercer’s Compensation Drivers and Global Pay Summary as a bundle to access the information you need, while saving money!
Looking for additional data, insights and tools? TAAP+ subscribers have exclusive access to our benchmarking and market differentials calculators.
Contact us if you'd like to order a market that is not listed above. Check out the market coverage list for the full selection of single market options.
Use your compensation budget wisely
Every market is unique and has its own nuances. By understanding which demographic factors (industry, location, job family, etc.) influence pay the most, you can start to build a pay structure that works for your organization and the markets where you operate. A well designed pay structure, that is properly aligned with the market, not only helps to retain employees by ensuring pay is competitive, but also allows you to hire into your organization while staying within your budget.
Key data reported
- Key drivers of pay
- Market pay differentials by key driver
Key drivers included
- Career level
- Employee age
- Geographic region
- Geographic scope of responsibility
- Headquarter country location
- Job family
- Job level
Note: Not all drivers are reported in every market.
Check out this list of markets available for Global Compensation Drivers.
Published: February 2023
Next release: February 2024
Not sure how this data might help your company? Watch this short video to find out more.