Mercer
Mercer is an American human resources consulting firm that aims to redefine the world of work, reshape retirement and investment outcomes, and unlock real health and well-being. For more than 70 years, Mercer has been providing advice and solutions to build healthier and more sustainable futures for clients, colleagues and communities.
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OVERVIEW
Mercer is the world’s largest institutional investment advisor with over $10 trillion in assets under advice. They have also been ranked as the largest outsourced chief investment officer (OCIO) provider. Mercer’s parent company, Marsh & McLennan, is listed on the New York Stock Exchange. Marsh & McLennan is a global professional services firm offering clients advice and solutions in risk, strategy and people.
Businesses include: Marsh & McLennan, the insurance broker, intermediary and risk advisor; Guy Carpenter, the risk and reinsurance specialist; Mercer, the provider of human resources and investment-related advice and services; and Oliver Wyman Group, the management, economic and brand consultancy. With over 65,000 colleagues worldwide and annual revenue of $15 billion, the company provides analysis, advice and transactional capabilities to clients in more than 130 countries.
Mercer’s clients include a majority of the companies in the Fortune 1000 and FTSE 100, as well as medium- and small-market organisations.
Main operating areas are:
Health
Mercer assists public and private sector employers in the design and management of employee health care programs; administration of health benefits and flexible benefits programs, including benefits outsourcing; employee engagement with their health benefits through a digital experience; compliance with local benefits-related regulations; and the establishment of health and welfare benefits coverage for employees.
Wealth
Mercer assists clients worldwide in the design, governance and risk management of defined benefit, defined contribution and hybrid retirement plans. Mercer provides retirement plan outsourcing, including administration and delivery of defined benefit and defined contribution retirement benefits. Mercer also provides investment advice and related services to the sponsors and trustees of pension plans, master trusts, foundations, endowments, and insurance companies as well as wealth management and other financial intermediary firms.
Career
Mercer’s Career businesses advise organisations on the engagement, management and reward of employees; the design of executive remuneration programs; people strategies during business transformation, improvement of human resource effectiveness; and the implementation of digital and cloud-based Human Resource Information Systems through Mercer Career Digital.
Merger and acquisition transaction services
Mercer provide global consulting, advisory and transaction services. They advise both corporate and private buyers and sellers, whether they’re private equity or corporate investors. They provide both strategic and technical HR due diligence, project management, and post-merger integration.
MISSION STATEMENT
Mercer believes:
- People are at the heart of everything. They drive our innovation, our solutions, and our passions.
- The future is made in the actions we take today. Together, we have the power to create healthier, happier, and more rewarding tomorrows.
FUNDING SOURCES
Mercer is a private company that bills individuals and businesses for services rendered by the company.
Health services are provided through traditional fee-based consulting as well as commission-based brokerage services in connection with the selection of insurance companies and healthcare providers.
ORGANISATION TYPE
YEAR ESTABLISHED
LOCATION
RESOURCES
KEY PEOPLE
RECENTLY PUBLISHED BY MERCER
Transformational investment: Converting global systemic risks into sustainable returns
Investing in a time of climate change: The sequel 2019
OVERVIEW REFERENCES
- https://www.mercer.com.au/about-mercer.html
- https://yahoo.brand.edgar-online.com/displayfilinginfo.aspx?FilingID=13243730-16675-67218&type=sect&TabIndex=2&companyid=10226&ppu=%252fdefault.aspx%253fcompanyid%253d10226
- https://www.mercer.com/what-we-do/mergers-and-acquisitions.html
- https://www.mercer.com/what-we-do/workforce-and-careers.html
- https://www.mercer.com/what-we-do/wealth-and-investments.html
- https://www.mercer.com/what-we-do/health-and-benefits.html