Skills-based Pay - Survey Report

HR Challenges

Uncertainty about what to pay for critical skills
Low transparency and lack of control for employees trying to manage their career progression
Difficulty making pay decisions aligned to skills, talent scarcity and performance
Inability to respond to the changes in the value of skills

57% of companies have some form of approach for classifying skills at any level of the company

Source: Mercer’s 2021 Skills-based Pay Survey Report

Transform your workforce through skills-based talent practices

“Finding the talent was already difficult, now we are also competing for skills at record-setting levels.” Does this sound like you or what you may have heard from your recruitment and talent teams?

In Mercer’s Skills-based Pay Survey, over 430 respondents provided their perspective on their successes and challenges with finding and rewarding the desired skills that align with their business strategies.

Skills-based pay survey report

Main sections of our 20-page report:

Skills taxonomy
Market evaluation of skills
Rewarding skills
Effectiveness on the skills journey
Benefits and barriers of skills-based-pay

Download our latest Skills-based Pay - Survey Report to accelerate moving from jobs to skills in your company

Fill out your details below to receive the report in your inbox. If you do not have your pop-up blocker enabled, you will be prompted by your browser to download the article or view it in a new window.

*Required Fields

Is your organization ready to advance skills-based practices?

To build more agile workforces, forward-thinking businesses are shifting from jobs to skills. Set up your organization for a successful future by implementing a robust skills strategy.

https://www.mercer.com/what-we-do/workforce-and-careers/mercer-skills-edge.html Find out more

https://www.mercer.com/contact.html Connect with our experts to find out more

Gain a skills edge Preparing organizations for skills-driven talent practices

HR Challenges

Transform your workforce through skills-based talent practices

Skills-based pay survey report

Download our latest Skills-based Pay - Survey Report to accelerate moving from jobs to skills in your company

Is your organization ready to advance skills-based practices?

To build more agile workforces, forward-thinking businesses are shifting from jobs to skills. Set up your organization for a successful future by implementing a robust skills strategy.

Related insights

Point of view paper

Gaining a skills edge through agile talent practices

Point of view paper

Getting started with skills

Point of view paper

When skills become the currency of work

Challenges | Our point of view | Diagnostic | Insights

Mercer Global

Lines of business