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Builds upon Mercer’s strength in talent and rewards consulting by        adding to its suite of industry surveys and HR metrics
Broadens Mercer’s leadership position in the technology industry in        Asia and establishes a strong presence in the high tech sector in        North America and Europe
Mercer, a global consulting leader in advancing health, wealth, and      careers, and a wholly-owned subsidiary of Marsh & McLennan Companies,      Inc. (NYSE:MMC), announced today that it has signed an agreement to      acquire Comptryx, a global pay and workforce metrics business      specializing in the technology sector and providing state-of-the-art      online tools to assess total labor force costs. The acquisition builds      upon Mercer’s consulting strength and capabilities in talent management      and reinforces its standing in the high tech industry worldwide. The transaction closed this week. Terms of the agreement were not      disclosed. “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 utilized to achieve      informed, data-driven talent management programs,” said Ilya Bonic,      Senior Partner and President of Mercer’s Talent business. “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      organization’s overall pay program, which will benefit our clients      worldwide.”
“Our mission is to elevate HR’s role by providing powerful      organizational information that Executive Management needs to run the      business,” said Joe Duggan, Co-Founder of Comptryx. “Mercer and Comptryx      share a commitment to excellence, and both have insights into the needs      of organizations 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.”
Comptryx’s product lets companies profile their organization against the      competition on both pay and workforce metrics for a unique and      comprehensive analysis. Companies are able to benchmark their payroll      costs (the largest single expense in most companies) to market and      understand the factors that drive that result – the structure and      composition of the organization. Variances from market norms can be      quantified with actual cost. Additionally, the metrics menu includes      full demographic and activity analysis as well as data-driven employee      attrition, new hire rates, gender ratios, and rewards for top      performers. The analysis is conducted using a proprietary global salary      survey database and state-of-the art reporting system. The product suite includes three modules and will be offered under the      Mercer Comptryx brand:
Workforce Metrics: for on-demand analytics and peer benchmarking. Labor Cost Modeling: to design virtual organizations and compare total        employment cost in countries/regions/cities around the world. Global Salary Survey: for all employee levels for over 250 functions        in more than 100 countries in the technology sector. About Mercer
Mercer is a global consulting leader in talent, health, retirement and      investments. Mercer helps clients around the world advance the health,      wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in more than 40 countries      and the firm operates in over 130 countries. Mercer is a wholly owned      subsidiary of Marsh & McLennan Companies (NYSE:MMC), a global professional services      firm offering clients advice and solutions in the areas of risk,      strategy and people. With 57,000 employees worldwide and annual revenue      exceeding $13 billion, Marsh & McLennan Companies is also the parent      company of Marsh ,      a leader in insurance broking and risk management; Guy      Carpenter , a leader in providing risk and reinsurance intermediary      services; and Oliver      Wyman , a leader in management consulting. For more information,      visit www.mercer.com . Follow Mercer on Twitter @Mercer . View source version on businesswire.com: http://www.businesswire.com/news/home/20150930006508/en/
© Business Wire 2015
Latest news  on MARSH & MCLENNAN COMPANIES
12:54p

Marsh & McLennan : Mercer : acquires Comptryx, a global workforce metrics business for technology sector

Mercer Announces Leadership Changes in North America and European/Pacific Regions
The transaction closed this week. Terms of the agreement were not      disclosed. “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 utilized to achieve      informed, data-driven talent management programs,” said Ilya Bonic,      Senior Partner and President of Mercer’s Talent business. “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      organization’s overall pay program, which will benefit our clients      worldwide.”
“Our mission is to elevate HR’s role by providing powerful      organizational information that Executive Management needs to run the      business,” said Joe Duggan, Co-Founder of Comptryx. “Mercer and Comptryx      share a commitment to excellence, and both have insights into the needs      of organizations 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.”
Comptryx’s product lets companies profile their organization against the      competition on both pay and workforce metrics for a unique and      comprehensive analysis. Companies are able to benchmark their payroll      costs (the largest single expense in most companies) to market and      understand the factors that drive that result – the structure and      composition of the organization. Variances from market norms can be      quantified with actual cost. Additionally, the metrics menu includes      full demographic and activity analysis as well as data-driven employee      attrition, new hire rates, gender ratios, and rewards for top      performers. The analysis is conducted using a proprietary global salary      survey database and state-of-the art reporting system. The product suite includes three modules and will be offered under the      Mercer Comptryx brand:
Workforce Metrics: for on-demand analytics and peer benchmarking. Labor Cost Modeling: to design virtual organizations and compare total        employment cost in countries/regions/cities around the world. Global Salary Survey: for all employee levels for over 250 functions        in more than 100 countries in the technology sector. About Mercer
Mercer is a global consulting leader in talent, health, retirement and      investments. Mercer helps clients around the world advance the health,      wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in more than 40 countries      and the firm operates in over 130 countries. Mercer is a wholly owned      subsidiary of Marsh & McLennan Companies (NYSE:MMC), a global professional services      firm offering clients advice and solutions in the areas of risk,      strategy and people. With 57,000 employees worldwide and annual revenue      exceeding $13 billion, Marsh & McLennan Companies is also the parent      company of Marsh ,      a leader in insurance broking and risk management; Guy      Carpenter , a leader in providing risk and reinsurance intermediary      services; and Oliver      Wyman , a leader in management consulting. For more information,      visit www.mercer.com . Follow Mercer on Twitter @Mercer . View source version on businesswire.com: http://www.businesswire.com/news/home/20150930006508/en/
Mercer

Mercer acquires Comptryx a global workforce metrics business for technology sector

Mercer acquires Comptryx, a global workforce metrics business for      technology sector
Builds upon Mercer’s strength in talent and rewards consulting by        adding to its suite of industry surveys and HR metrics
Broadens Mercer’s leadership position in the technology industry in        Asia and establishes a strong presence in the high tech sector in        North America and Europe
September 30, 2015 12:53 PM Eastern Daylight Time
NEW YORK--( BUSINESS WIRE )--Mercer, a global consulting leader in advancing health, wealth, and      careers, and a wholly-owned subsidiary of Marsh & McLennan Companies,      Inc. (NYSE:MMC), announced today that it has signed an agreement to      acquire Comptryx, a global pay and workforce metrics business      specializing in the technology sector and providing state-of-the-art      online tools to assess total labor force costs. The acquisition builds      upon Mercer’s consulting strength and capabilities in talent management      and reinforces its standing in the high tech industry worldwide. The transaction closed this week. Terms of the agreement were not      disclosed. “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 utilized to achieve      informed, data-driven talent management programs,” said Ilya Bonic,      Senior Partner and President of Mercer’s Talent business. “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      organization’s overall pay program, which will benefit our clients      worldwide.”
“Our mission is to elevate HR’s role by providing powerful      organizational information that Executive Management needs to run the      business,” said Joe Duggan, Co-Founder of Comptryx. “Mercer and Comptryx      share a commitment to excellence, and both have insights into the needs      of organizations 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.”
Comptryx’s product lets companies profile their organization against the      competition on both pay and workforce metrics for a unique and      comprehensive analysis. Companies are able to benchmark their payroll      costs (the largest single expense in most companies) to market and      understand the factors that drive that result – the structure and      composition of the organization. Variances from market norms can be      quantified with actual cost. Additionally, the metrics menu includes      full demographic and activity analysis as well as data-driven employee      attrition, new hire rates, gender ratios, and rewards for top      performers. The analysis is conducted using a proprietary global salary      survey database and state-of-the art reporting system. The product suite includes three modules and will be offered under the      Mercer Comptryx brand:
Workforce Metrics: for on-demand analytics and peer benchmarking. Labor Cost Modeling: to design virtual organizations and compare total        employment cost in countries/regions/cities around the world. Global Salary Survey: for all employee levels for over 250 functions        in more than 100 countries in the technology sector. About Mercer
Mercer is a global consulting leader in talent, health, retirement and      investments. Mercer helps clients around the world advance the health,      wealth and performance of their most vital asset – their people. Mercer’s more than 20,000 employees are based in more than 40 countries      and the firm operates in over 130 countries. Mercer is a wholly owned      subsidiary of Marsh & McLennan Companies (NYSE:MMC), a global professional services      firm offering clients advice and solutions in the areas of risk,      strategy and people. With 57,000 employees worldwide and annual revenue      exceeding $13 billion, Marsh & McLennan Companies is also the parent      company of Marsh ,      a leader in insurance broking and risk management; Guy      Carpenter , a leader in providing risk and reinsurance intermediary      services; and Oliver      Wyman , a leader in management consulting. For more information,      visit www.mercer.com . Follow Mercer on Twitter @Mercer . Contacts

Mercer acquires Comptryx, a global workforce metrics business for technology sector

Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.

Fintech

Acquired

Comptryx is a global pay and workforce metrics business specializing in the technology sector and providing online tools to assess total labor force costs. Comptryx's product lets companies profile their organization against the competition on both pay and workforce metrics for a unique and comprehensive analysis. Companies are able to benchmark their payroll costs (the largest single expense in most companies) to market and understand the factors that drive that result – the structure and composition of the organization.

Date	9/30/2015
Round	Acquired
Amount
Investors	Mercer
Valuation	$XXM
Revenue	0 FY undefined
Sources	2

First funding	9/30/2015
Last Funding	9/30/2015
Investor	Mercer
Rounds	1 Acquired
Board Seats
Type	Corporation
Location	New York

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Comptryx

Investors Count

Funding, Valuation & Revenue

Comptryx Investors