Mercer (advice)

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Mercer LLC

logo
legal form Limited Liability Company (group company)
founding 1945 as William M. Mercer Limited
Seat New York City , United StatesUnited StatesUnited States 
management Martine Ferland (Chairwoman and CEO )
Number of employees approx. 25,000
sales $ 4.2 billion
Branch Business consulting
Website www.mercer.de

Mercer is an international management consultancy . The company is part of the Marsh & McLennan Companies and employs around 25,000 people in more than 45 countries worldwide.

Mercer's core business areas are: company pension schemes , investment consulting , human capital, remuneration advice, employee communication, international assignments , pension management, health & benefits, and mergers & acquisitions .

history

In 1945, William M. Mercer founded an eponymous consulting company social allowances (employee benefits) in Canada. This was bought by Marsh & McLennan in 1959 and merged with the in-house department for company social allowances founded in 1939. It was not until 1975 that the department was spun off as an independent company with the company William M. Mercer, Inc. , it remained a wholly-owned subsidiary of the Marsh & McLennan Companies holding, which was newly founded in 1969. In the following years the company grew, both through organic growth and acquisitions, it developed into one of the largest consultancies in its field. Some of the better known acquisitions are Duncan C. Fraser & Co (1986), AS Hansen (1987) and KPMG Peat Marwick Compensation Consulting (1998).

In 2002 the company name (company) was changed to Mercer Human Resource Consulting, and in 2007 to Mercer.

Mercer Germany GmbH

Mercer has been represented in Germany since 1989 and has offices in Berlin, Düsseldorf, Frankfurt am Main, Hamburg, Leipzig, Munich and Stuttgart, among others. The company employs almost 600 people.

In Germany, Mercer acquired Höfer Vorsorge-Management GmbH & Co. KG at the end of 2007 and further expanded its market position in Germany.

At the end of 2017, Mercer acquired the management consultancy Promerit AG, which specializes in HR management, transformation and digitization and has 120 employees.

Mercer (Switzerland) SA

Around 120 employees work for Mercer in Zurich, Geneva and Nyon. In 2015, the Swiss investment advisor SCM Strategic Capital Management AG was taken over.

Mercer (Austria) GmbH

In Austria, Mercer has 15 employees in Vienna.

Studies

Mercer regularly publishes press releases and various studies.

life quality

Top 10 cities for quality of life in 2019 according to Mercer
rank city country
1 Vienna AustriaAustria Austria
2 Zurich SwitzerlandSwitzerland Switzerland
3 Auckland New ZealandNew Zealand New Zealand
3 Munich GermanyGermany Germany
3 Vancouver CanadaCanada Canada
6th Dusseldorf GermanyGermany Germany
7th Frankfurt am Main GermanyGermany Germany
8th Copenhagen DenmarkDenmark Denmark
9 Geneva SwitzerlandSwitzerland Switzerland
10 Basel SwitzerlandSwitzerland Switzerland

The survey , known as the “Mercer Quality of Living Survey”, annually compares the quality of life in major cities around the world . The living conditions are recorded on the basis of 39 factors, which are divided into the following categories:

  1. Political and social environment (political stability, crime, fight against crime, ...)
  2. Economic conditions (currency exchange conditions, bank services, ...)
  3. Socio-cultural conditions (censorship, limitations of personal freedom, ...)
  4. Health and healthcare (medical care, contagious diseases, sewage and garbage disposal, air pollution, ...)
  5. Schools and training (standard and availability of international schools, ...)
  6. Public services and transport (electricity, water, public transport, traffic density, ...)
  7. Entertainment (restaurants, theaters, cinemas, sports and leisure facilities, ...)
  8. Consumer goods (availability of food and everyday consumer goods, cars, ...)
  9. Accommodation (housing, household appliances, furnishings, maintenance services, ...)
  10. Environment (climate, natural disasters, ...)

The top 10 cities according to Mercer in terms of quality of life are shown in the table on the right. The data on which the study is based comes from information provided by employees working abroad at global companies.

Criticism of the study

The ranking is probably the best-known popular scientific study on this topic. The result is reported in many media. The question of how the data was collected and evaluated is not taken into account. In fact, the company does not provide any data in this report that could be verified. In addition, the selection and weighting criteria are tailored to the needs of Mercer's customers.

Analytically conducted surveys in order to e.g. B. The ability to determine basic salaries for a location are offered by the consulting company as so-called "Local Evaluation Reports" for amounts of several hundred dollars.

"Smartphone stress factor"

A study published in 2013 on the effects of the constant availability of smartphones on managers attracted a lot of media attention.

Web links

Individual evidence

  1. ↑ a b Mercer about Mercer
  2. ↑ Services ( Memento from April 23, 2015 in the Internet Archive )
  3. ↑ Homepage Mercer Deutschland GmbH - About us
  4. ↑ http://promerit.de/
  5. ↑ Homepage Mercer (Switzerland) SA - About us ( Memento from April 17, 2015 in the Internet Archive ). Retrieved April 17, 2015.
  6. ↑ Press release of November 21, 2014: Mercer acquires Investment Advisor SCM Strategic Capital Management AG ( Memento of April 17, 2015 in the Internet Archive ). Retrieved April 17, 2015.
  7. ↑ Homepage Mercer (Austria) GmbH - About us . Retrieved April 17, 2015.
  8. ↑ Press releases from Mercer Deutschland GmbH . Retrieved April 17, 2015.
  9. ↑ Quality of Living City Ranking. Mercer, accessed March 13, 2019 .
  10. ↑ a b Quality of Living worldwide city rankings 2016 - Mercer survey. Mercer, February 23, 2016, accessed on February 23, 2016 (English): "Vienna retains the top spot as the city with the world's best quality of living"
  11. ↑ Quality of life: Munich remains top in Germany. Mercer, accessed November 18, 2016 .
  12. ↑ Local Evaluation Reports / Pricing
  13. ↑ Constant availability stresses managers . Article in the Frankfurter Allgemeine Zeitung . Retrieved April 27, 2015.