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	Base Pay Increases Remain Steady in 2007, Mercer Survey Finds

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	Rewards, Vacation and Perks Are Passé; Canadians Care Most About Cash

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Blogs / Tags / Pay Strategies

How do you really engage a workforce and make them stakeholders in your company’s success? Paying everyone competitively isn’t enough—nor is merely following best or prevailing practice. And competing for a “Best Place to Work... More...

Since 2000 organizations have had the opportunity to select from possible total reward models, ours being one. (Pay People Right! Breakthrough Reward Strategies to Create Great Companies, Jossey-Bass Publishers, 2000) A new model posed by WorldatWork... More...

Surveys show that people are most likely to leave an organization because of what they view as poor management or poor leadership. This may be true, but we seldom see a concerted effort to retain an individual with critical talent by replacing the su... More...

Where you live affects how much you are paid. A job that commands a salary of $30,000 nationally can pay as little as $27,840 in Birmingham, Ala., or as much as $37,680 in San Francisco, Calif., according to the 2006 Geographic Salary Differentials s... More...

Globally, salaries are expected to outpace inflation by 1.9 percentage points on average Highest salary rises are expected in Venezuela; lowest are forecast in Germany Greatest salary increases after inflation are likely to be in Latv... More...

QUESTION: Under Compensated? Dear Merry, I am a Senior HR Executive with 20 years of experience with my present company. I am fairly certain that my long career here has left me under paid. My performance appraisals are always wi... More...

Have you ever wondered whether the college or university you went to pays employees based on their performance? At the recent CUPA-HR conference in San Diego we had the opportunity to ask about paying for performance. We asked the following questions... More...

With economic growth averaging over 7% annually for the past five years and scheduled to join the WTO by the end of the year, Vietnam's future looks bright. Foreign enterprises are scrambling to invest in this new Southeast Asian hot spot. Inte... More...

This is the HR pro´s time to really earn a seat at the business strategy table. CEOs are struggling to get added mileage from major opportunity expenditures. And what organizations spend on pay and rewards is often one of the major costs ... More...

John hadn't realized exactly how underpaid he was until he decided to pursue a terrific sounding job and he didn't get it. The recruiter later shared with John that the recruiter believed he was qualified, but the hiring manager thought differently w... More...

Globally, salaries are predicted to rise by an average of 5.9% next years, 1.9 percentage points above the projected average rate of inflation, according to new research from Mercer Human Resource Consulting. However, these aggregate numbers belie th... More...

On July 22, 2006, the Chinese government announced it would raise salaries or pensions of 120 million people this year. This includes six million employees of central and local governmental bodies, 30 million employees of public institutions, 5... More...

Base pay is the largest single element of human resource cost. Getting the most out of expenditures on base pay is or should be a priority. Most organizations state in their human resource policy manual or employee handbook that they pay for performa... More...

Over the past ten years, China has become the favorite location of foreign companies, who have come to China to set up factories and utilize China´s cheap labor. Specifically, Guangdong Province in Southern China is home to millions of fo... More...

The 3 or 4 percent "merit" or base pay increase budget has been the norm for so long now that many employees, managers and HR professionals have never experienced anything else. According to the WorldatWork 2005/06 Salary Budget Survey, the... More...

Although the economy is fairly buoyant and many businesses are expanding, this will not mean significantly higher base pay increases for most employees this year. According to the 2006/2007 US Compensation Planning Survey from Mercer Human Resource C... More...

If your organization is a federal contractor or is otherwise seeking to excel on standards of corporate governance and due diligence in managing risk, you need to act now to implement a regular pay review process that is consistent with new federal r... More...

On July 1, 2006, the minimum wage in Shenzhen increased by over 17% in the city´s special economic zone (SEZ) and by over 20% in the surrounding suburbs. The minimum monthly wage in both areas went up by 120 yuan (US$15), rising to 810 yuan (US... More...

On June 13, 2006, the Japanese Ministry of Health, Labor and Welfare (MHLW) proposed a package of changes to current labor laws. The proposal would raise the extra rate paid for overtime hours from its current 25% to 50%, but only for overtime ... More...

Business Roundtable, an association of 160 chief executive officers of leading U.S. companies, today released new research conducted by executive compensation expert Frederic W. Cook indicating that the growth in median total compensation of CEOs of ... More...

When we speak to HR groups we often ask how many organizations represented in the audience ´really´ paid for performance-the ´show of hands´ usually indicates that relatively few HR pros in attendance believed their organizati... More...

The number of European companies using share options to award their CEOs and other executive directors has dropped significantly in the last three years, while alternative long-term incentive (LTI) vehicles have increased in popularity, according to ... More...

When payroll executives implement time and attendance systems to automate payroll, they often miss the chance to facilitate greater profitability throughout the entire company. These executives are, of course, payroll experts. They are usually not, h... More...

Pay for pharmacy professionals is increasing at a strong pace, according to the 2006 Pharmacy Compensation Survey - Spring Edition from Mercer Human Resource Consulting. Nationally, the position of staff pharmacist receives median total cash compe... More...

On May 17, 2006, the U.S. Congressional Joint Committee on Taxation approved a provision that would raise the taxes of Americans living abroad. The new policy could force expatriates with high salaries to pay thousands of dollars more in taxes ... More...

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News

Creating High-Performance Pay

A New Total-Rewards Model: The Gathering Pay and Reward Storm

Clues to Determine if Pay Needs a “Strategic Tune-Up”

Salary Levels Linked to Where You Live

2007 Worldwide Pay Survey

Ask the Coach - Issue 23: Under Compensated?

Do Colleges and Universities Pay for Performance?

On the Verge of WTO Accession, Vietnam Faces Wage Increases and Talent Shortages

Want to Get Started on Paying for Performance? Some Low Risk-High Opportunity Ideas to Consider

Salary Negotiation Dos And Don'ts

Compensation Planning for 2007: A Global Perspective

China to Broadly Increase Public-Sector Compensation

Can Base Pay Reward Performance?

China: Rising Wages and Labor Shortages in Southern China are Forcing Foreign Companies to Move Factories to Other Regions

Making Merit Matter: Putting the Merit Back in Merit Pay

Salary Increases to Remain Modest in 2006 Despite Strong Economy

New Pay Equity Regulations: Challenge and Opportunity for HR

China: Cities Set to Increase Minimum Wage

Japan: Government Proposes New Rules on Overtime Compensation

Business Roundtable Releases New Research that Sets the Record Straight on Executive Compensation

How to Really Pay for Performance:Something to Show your CEO?

Trends in Long-term Incentives for Executives - European Survey

Tracking Employee Time: It's Not Just for Payroll Anymore

Pay for Pharmacy Personnel Continues to Rise

U.S. Congress Imposes Higher Taxes on American Expatriates Working Abroad