Mercer Short Duration Fixed Income Fund Class Y-3 · NASDAQ:MSDYX
Mercer Short Duration Fixed Income Fund Class Y-3 — Mercer — Investor Presentation (March 2022)
46 slides from Mercer Short Duration Fixed Income Fund Class Y-3's investor presentation, Mar 16, 2022
Slide 1: What matters most
welcome to brighter What matters most Exploring HR Priorities, Insights & Actions in 2022 (Ghana & Nigeria) 16 March 2022 A business of Marsh McLennan
Slide 2: Agenda
1 Welcome & Introduction 2 Compensation & Benefits 2021 TRS highlights 3 Prioritising for Impact Careers, Skills & Employee engagement 4 Africa Multinational Business Total Remuneration 5 Survey design & methodology Agenda 2
Slide 3: Welcome Introduction
Welcome Introduction
Slide 4: Meet the team
Meet the team West Africa Stevens Kawoubouga Vuyisa Sikunyana Daniele Noubissi Elie Jawhar Senior Associate: Market Leader Associate: Career Products, Associate: Career Products, Engagement Manager, (West Africa), Mercer Mercer Mercer MMB +27 71 591 1690 7 +27 82 942 0785 +27 82 879 9445 +971 50 463
Slide 5: We are part of MMC (Marsh McLennan Companies)
We are part of MMC (Marsh McLennan Companies) Marsh, Guy Carpenter, Oliver Wyman & Mercer MARSH McLENNAN Risk & Insurance Consulting Human Capital & Strategy Consulting MARSH GUY CARPENTER MERCER OLIVER WYMAN Global leader in Global leader in Global leader in Insurance Global leader in “Health“, Rei
Slide 6: Introduction to Mercer
Introduction to Mercer Health and Benefits Consulting Workforce and Careers Consulting • Benefit strategy and design • Workforce transformation and integrated people • Benefit plan management and renewal strategy • Mercer Marketplace 365+ • Organisation design • Healthcare innovations • HR model des
Slide 7: Seeking clarity in chaos & uncertainty
Seeking clarity in chaos & uncertainty • Too many competing priorities • Employee exhaustion / burn-out • Inadequate workforce skills Investing in workforce upskilling/reskilling Evolving the flexible working culture Addressing pay, gender and other equity gaps Rethinking compensation plans Addressi
Slide 8: A business of Marsh McLennan
@ Mercer welcome to brighter A business of Marsh McLennan
Slide 9: Compensation & Benefits
Compensation & Benefits 2021 TRS Highlights
Slide 10: Mercer's holistic approach to total rewards
Mercer’s holistic approach to total rewards A meaningful Employee Value Proposition (EVP) delivers emotional, experiential and contractual rewards supported by interlinked engagement drivers Environment Events A sequence of moments in an The touchpoints, shaped by Create staying power through a U N
Slide 11: Total Remuneration Survey (TRS) top industry representation
TRS is the key to designing competitive Total Remuneration Survey pay packages around the world (TRS) Africa overview 5 top industry representation in Africa by number of participating organizations (2021) 1481 participating organizations 104,872 Jobs for which data was collected 197k+ Incumbents ar
Slide 12: Countries that represent Mercer's West Africa Anglophone TRS
West Africa Total Remuneration Survey (TRS) Participation 2 Countries that represent Mercer’s West Africa Anglophone TRS 107 125 Nigeria Ghana by number of participating organizations (2021)
Slide 13: Salary movements forecast - Ghana
Salary movements forecast - Ghana The average salary increase percentage has been fairly similar sitting between 7% and 9% across all the career streams and through the Inflation: 12.5% whole year] (December 2021) Average salary increases, 2022 forecast 2022 forecast (TRS, May 2021) 2022 forecast (S
Slide 14: Currency depreciation & Inflation in Ghana
Currency depreciation & Inflation in Ghana Actions related to economic pressures on salaries 17
Slide 15: Salary movements forecast - Nigeria
Salary movements forecast - Nigeria [The average salary increase percentage has been fairly similar sitting between 9 and 11% across all the Inflation: 15.6% career streams and through the whole year] (December 2021) Average salary increases, 2022 forecast 2022 forecast (TRS, Apr 2021) 2022 forecast
Slide 16: Currency depreciation & Inflation in Nigeria
Currency depreciation & Inflation in Nigeria Actions related to economic pressures on salaries 19
Slide 17: Hiring intentions & Turnover across West Africa
Hiring intentions & Turnover across West Africa % of organizations that plan % of organizations that plan to increase headcount in 2021: to decrease headcount in 2021: • 33% - Ghana • 3% - Ghana • 32% - Nigeria • 7% - Nigeria 2019 TRS 2020 TRS 2021 TRS 10% 8% 7% 7% 6% Voluntary 5% 6% 5% 0% Ghana Nig
Slide 18: A business of Marsh McLennan
@ Mercer welcome to brighter A business of Marsh McLennan
Slide 19: Prioritising for impact
Prioritising for impact Career, Skills & Employee engagement
Slide 20: Low engagement costs the economy $8.1 trillion
Low engagement costs the economy $8.1 trillion Employee engagement & EX 8 out of 10 organizations have a formal 17% engagement programme of engaged employees in Ghana1 one form or another.2 Only 52% feel their organization does a good Only 15% job taking action on engagement engaged employees in Nig
Slide 21: Mercer's suite of tools to really listen to your employees
Mercer’s suite of tools to Project duration (time until really listen to your results) 1 month 3-6 months employees Number of participants Up to 2,000 Unlimited FULL-CENSUS SURVEY 52 preselected validated Questions Aligned with your strategy Robust continuous listening to questions + 2 open-ended un
Slide 22: 87% of CEOs in Africa are concerned about the lack of skills
87% of CEOs in Africa are concerned about the lack of skills Future of jobs & skills 65% said the skills shortage was preventing them from innovating effectively1 45% of jobs In Nigeria could be automated 47% conceded that their quality standards and customer experience were being undermined1 9 Mill
Slide 23: Skills & Career Management Products
Skills & Career Management Products With skills the new currency the shift from jobs to skills is being accelerated Strategic Workforce Comptryx Mercer Mettl Mercer Skills Edge planning • • • • • • • • • • • • • • • •
Slide 24: Mobility solutions
66% of organisations are considering or have implemented virtual assignments 1 Mobility solutions 73% of employees in Nigeria find international remote 57% of work appealing 1 employees find international remote work appealing 1 46% organisations in Africa have a global mobility strategy integrated
Slide 25: Mobility Solutions
Mobility Solutions With over 4,800 global mobility clients using our data coverage to design rewards packages for over 400,000 mobile employees worldwide. • Cost of Living • Per Diem Allowance • Car Cost Report • Quality of Living • Personal Tax Report • Car Benefit Report • Housing & Utilities • Ai
Slide 26: Poor quality data costs organisations on average $12.9M annually
Poor quality data costs organisations on average $12.9M annually 1 HR Tools & Insights 70% 37% of HR in Africa have access to up-to-date organisations will be tracking HR data, tools and customizable quality levels via metrics calculators* 86% of HR’s role is 30% of HR in Africa receive regular upda
Slide 27: Talent All Access Portal+
Talent All Access® Portal+ Make the right decisions with the right data. TAAP Includes: Talent All Access® gives you both with quick to find and easy to digest content. Looking for actionable insights? • Access articles, videos, infographics, Car Benefit Car Benefit Car Cost Report Compensation HR M
Slide 28: A business of Marsh McLennan
@ Mercer welcome to brighter A business of Marsh McLennan
Slide 29: Africa Multinational Business
benefits that truly benefit Africa Multinational Business Elie Jawhar March 2022 Businesses of Marsh McLennan
Slide 30: Macroeconomics Highlights and trends
Macroeconomics Highlights and trends Nigeria is Africa’s largest Highest projected GDP Africa’s top 6 economy. Nigeria, South Africa and Egypt make up approx. 50% of growth economies by GDP Africa’s GDP. With an estimated GDP • Mozambique (11%) • Nigeria ($443 Billion) of US$ 2.6 trillion, Africa re
Slide 31: Africa Benefits Landscape
Africa Benefits Landscape Low Overburdened Healthcare Poor quality of expenditure on healthcare Workforce risk cover and healthcare by facilities migration healthcare governments Characteristics Challenges Lack of Heavy Disease Complex governance Lack of harmonization and burden and regulatory Trans
Slide 32: MNCs Benefits Landscape
MNCs Benefits Landscape Current Practices by MNCs • Local, regional & international benefits plans available • Multi- country, admitted health solution • Separate providers in each country • Self Insured MNCs requirements • Best practice for various countries of operations • Single point of contact
Slide 33: Change of benefits
Change of benefits of companies anticipate 64% significant change in their Health & Benefits strategy as a response to COVID-19 outbreak. 50% of companies indicated that they are planning to implement changes in budget allocation for health & wellness benefits. 70% companies reported that they have
Slide 34: Regional benefits partnership
Regional benefits partnership Your requirements What we offer Regional Insurers 1. Visibility & 2. Global 3. Efficiency & Strategic support Local Insurers Pan African Insurers insights governance, savings local service Dedicated local resource for local business units Effective and efficient benefit
Slide 35: Our Strategic Approach
Our Strategic Approach Delivering MMB proposition Regional Insurers Local Insurers Pan African Insurers Consulting Broking • Co-ordination services • KYC Process • Benefits Strategy • Secure quotes • Healthcare systems • Local negotiations • Funding options • Benefits proposals • Market benchmarking
Slide 36: Benefits Harmonization & Cost Efficiency
Benefits Harmonization & Cost Efficiency Success story 1 Starting Point: Moving things forward: What we achieved: • Multinational client initially had over 6,000 • This offering was a ground-breaking solution • We have achieved to develop a Pan-Africa employees with operations in over 26 at the time
Slide 37: Benefits Alignment & Compliance
Benefits Alignment & Compliance Success story 2 Starting Point: Moving things forward: What we achieved: • Over 250 employees in 5 different countries • The benefits were re-designed to ensure • MMB continues to support this multinational in Africa they aligned with the healthcare needs in client an
Slide 38: Our footprint
Our footprint Current client footprint covers over 37 of the 54 countries Algeria Ghana Mozambique Angola Guinea Namibia Benin Guinea- Bissau Niger Botswana Ivory Coast Nigeria MMB Presence Burkina Faso Kenya Rwanda MMB Correspondents Cameroon Liberia Senegal Non Admitted Placements Chad Libya Sierr
Slide 39: Partnership focusing on your priorities
Partnership focusing on your priorities Regional Insurers Pan African Insurers Your Priorities Int’l Health Insurers Self Insured
Slide 40: A business of Marsh McLennan
@ Mercer welcome to brighter A business of Marsh McLennan
Slide 41: Total remuneration Survey design & methodology
Total remuneration Survey design & methodology
Slide 42: 2021 Total Remuneration Survey (TRS) Milestones/Schedule
2021 Total Remuneration Survey (TRS) Milestones/Schedule Year Country Distribution Deadline Publication 2022 Ghana 1 March 2022 10 June 2022 23 September 2022 2022 Nigeria 1 March 2022 16 May 2022 22 August 2022
Slide 43: Mercer Data Connector
Mercer Data Connector www.imercer.com/mercerdataconnector Average online participation time is two hours* Upload data Match jobs Submit data Register securely Review prior year Review automated Download your Through Mercer data online suggestions data submission single sign on Add users Monitor stat
Slide 44: A guide to fruitful cooperation
The needs A guide to fruitful cooperation What you can expect from us What we expect from you • Timely delivery • Campaign contact(s) list • Pre-completed online campaign • Timely submission • Day-to-day support • Careful job matching • Mercer Data Connector webinars • Complete data incl. top positi
Slide 45: What to look out for
What to look out for • Webinar in June • Monthly White paper • MDC and job matching training • SMS reports (if you participate) • Feedback session 58
Slide 46: welcome to brighter
welcome to brighter A business of Marsh McLennan