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Preparing for the compensation planning season
Instead of scrambling at the 11th hour to pull together a lackluster compensation plan, sometimes the best thing to do is take advantage of the slower months to give yourself extra time. In today’s complex labor market, having a competitive compensation plan and strategy is imperative, and taking valuable time to strategize will allow you to get it right the first time and head into the new year with a strong compensation planning process.
Here are 6 things you can do now to get a head start!
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About our Sponsor, Mercer:
At Mercer, we believe in building brighter futures. Mercer Career Products is a leading provider of compensation and benefits information, created from one of the largest warehouses of employer-reported data. Our data spans the globe and crosses most industries, providing you with robust, relevant data for all of your compensation, benefits, and employee mobility needs.