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.

What you need to evaluate in a Salary survey?

 

Base salary

Monthly base salary times the number of months guaranteed

Total guaranteed cash compensation

Base salary plus the annualized value of guaranteed allowances

Total cash compensation

Total guaranteed cash compensation plus the annualized value of short-term incentive, sales incentive, profit sharing or other incentive awards

Total direct compensation

Total cash compensation plus the annualized value of any long-term incentive awards, valued using Black-Scholes methodology for appreciation-based awards


How did companies in ME respond to COVID-19 in terms of Comp &Ben?


 

 

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.

Find out More in our * Mercer TRS results

 

Mercer TRS is the world’s leading salary survey with most comprehensive data coverage across markets and industries.

Talk to a Mercer consultant today!

 

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