Your compensation and benefits planning activity has to remain flexible and up to the competition.
Designing the best pay
packages can be challenging, but it doesn’t have to be.
It is critical to keep up to date with market insights on the most recent changes in how your peers are designing their packages and what are the trends in benefits.
Monthly base salary times the number of months guaranteed
Base salary plus the annualized value of guaranteed allowances
Total guaranteed cash compensation plus the annualized value of short-term incentive, sales incentive, profit sharing or other incentive awards
Total cash compensation plus the annualized value of any long-term incentive awards, valued using Black-Scholes methodology for appreciation-based awards
15% of companies lowered their 2020 salary increase budget.
Throughout ME, between 4% and 14% of companies reduced base salaries due to COVID 19.
Across the region, 15% to 30% of companies reported layoffs as a result of COVID 19.
Mercer TRS is the world’s leading salary survey with most comprehensive data coverage across markets and industries.
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