According to the Mercer Asia Executive Remuneration Snapshot Survey, approximately 30-40% of an executive’s total pay package is linked to variable pay regardless of the type of organization.
Understanding how severance practices vary by country is a critical component of an effective global workforce strategy, more so now than ever, given the worldwide economic slowdown, according to ...
A significant majority of multinational companies are trying to be selective in planning 2009 workforce reductions and compensation/benefits cuts, even as they anticipate a decline in their company’s business performance in 2009 ...
As the financial downturn spreads across the globe, multinational corporations should review executive-level compensation to determine if the wage levels are in sync with the larger corporate mission ...
A recent Mercer Global Business Challenges Survey cited globalization of operations as a key business priority, along with continuously improving processes, controlling costs and managing risk.
Although multinational employers are striving to globalize their compensation practices, less than half have predominantly global pay programs, according to Mercer’s Global Compensation Strategy and Administration Survey.