Update: Compensation trends of the future -- Designing a sustainable global total rewards strategy

Major shifts in global labor markets are already affecting companies and have profound implications for compensation planning in 2008 and beyond. Key trends include the emerging talent shortage due to global demographic changes, the rising interest in alternative work arrangements and career paths, and the continuous growth of employment costs as a share of revenues. In response, best-practice employers have already begun to implement total rewards solutions. This Update discusses these macro trends and long-term rewards strategies to attract and retain the right people at the right cost.  (Update, 19 Oct 2007, 10 pages)

• Full Update (PDF)
• Mercer's compensation planning 2008 website

---