Mercer has signed an agreement to acquire Comptryx, a pay and workforce metrics business for the technology sector, providing online tools to assess total labour force costs.
The acquisition is expected to build upon Mercer’s consulting strength and capabilities in talent management.
The transaction closed this week. Terms of the agreement were not disclosed.
Ilya Bonic, senior partner and president of Mercer’s talent business commented: “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: “We believe the experience and resources resulting from the combination of our businesses will be of great value to our clients.”
Comptryx’s product suite includes three modules, that will be offered under the Mercer Comptryx brand:
- Workforce metrics: for on-demand analytics and peer benchmarking.
- Labour cost modelling: to compare total employment cost in countries/regions/cities.
- Global salary survey: for all employee levels for over 250 functions in more than 100 countries in the technology sector.