Solutions for three key areas—pension risk, benefit choices and talent management.
Employers worldwide are confronting a constantly changing and complex economy while simultaneously dealing with an increasingly disengaged workforce. Research carried out by Mercer in 2011 showed that in 17 markets across all global regions, between one-quarter and one-half of the employees surveyed were seriously considering leaving their organizations. With this in mind the organisation has launched an initiative to help organizations understand and address their most pressing issues and concerns. Entitled ‘Inside Employers' Minds: Confronting Critical Workforce Challenges’, it will provide resources and solutions in three key areas:
- Taking pension risk off the table—Better manage risks related to growing pension liabilities and the potential impact on corporate financial performance.
- Making smart benefit choices—Enable employees to make better choices as they take greater accountability for retirement and health benefit decisions.
- Building world-class talent—Find new ways to build agile, world-class workforces that are ready and able to respond to evolving business needs and new opportunities.
Brenda Wilson, Asia Pacific Talent Management Leader at Mercer stated, “The implications of these issues are immense for organizations in both emerging and mature markets, especially in a global economy that remains complex, diverse and somewhat volatile. Those that get it right will be in a position to excel. Those that get it wrong will find their financial performance and competitive position at greater risk.”