2 October 2015 Insurance

Mercer acquires workforce metrics firm

Mercer, Marsh & McLennan’s (MMC) human resources consulting arm, has agreed to acquire Comptryx, a pay and workforce metrics business specialising in the technology sector.

According to Mercer, the acquisition builds upon its consulting strength and capabilities in talent management and reinforces its standing in the high tech industry worldwide.

Ilya Bonic, senior partner and president of Mercer’s talent business, said: “The technology industry is a growing market for Mercer, and the acquisition of Comptryx strengthens our consulting insights to this sector by ensuring the most robust products are utilised to achieve informed, data-driven talent management programmes.

“With Comptryx’s highly-regarded workforce metrics, Mercer has the ability to compare total compensation and benefit costs across all jobs within an industry and assess the implications these costs have on an organisation’s overall pay programme, which will benefit our clients worldwide.”

Joe Duggan, co-founder of Comptryx, added: “Our mission is to elevate HR’s role by providing powerful organisational information that executive management needs to run the business.

“Mercer and Comptryx share a commitment to excellence, and both have insights into the needs of organisations that want to be best in class when it comes to attracting, retaining, and engaging talent through effective and competitive rewards programs. We believe the experience and resources resulting from the combination of our businesses will be of great value to our clients.”

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