Balancing employee and financial health
Is your organisation prepared to implement flexible work arrangements? Measure your readiness with this tool.
Three ways to strengthen and increase support. International private medical insurance, telemedicine, and employee assistance program
When disruption builds outside the organization, leaders try to create as much internal stability as possible. This means focusing on essential products and services, driving efficiency projects, managing risk and carefully recalibrating spending. Since organizations are communities, their survival requires a balance of the smart use of resources with the careful management of social ties.
Portfolio downside can be managed with informed strategy and measured responses.
To cope with the distracting and often stressful nature of unpredictability, people at all levels of an organization look to leaders and the wider company community for support. An adaptive culture is key. Adaptability requires a focus on operational details, quality communication and an increase in employee empowerment, productivity, well-being and engagement.
Dramatic change presents an opportunity for companies to reevaluate priorities, focus on what matters most and adopt new practices to help make them fitter, faster, leaner and more agile. According to our Global Talent Trends report, 76% of respondents believe their companies allow them to grow personally and professionally. There is room for optimism — but only if organizations have the support they need to find the way forward.
What can boards and remuneration committees do? In Mercer’s discussions with multiple boards and management teams over the past few weeks, we’ve seen that a number of alternative approaches are being considered with respect to variable compensation for executives:
MercerInsight® offers quantitative analysis on performance, holdings data and qualitative due diligence.
Mercer Sentinel provides confidence on your investment by performing the necessary, time-consuming and resource hungry operations.