Mercer Unclaimed
Mercer is a global consulting firm delivering data-driven insights and solutions in investments, retirement, health benefits, and transformation.
Mercer is a global HR, investment and health and benefits consulting firm that provides advisory services and solutions to organizations across industries. As part of the Marsh brand, Mercer helps clients design and manage investments, retirement, health and welfare benefits, and workforce transformation programs. The organization emphasizes data-driven insights, analytics, and technology to improve outcomes for employees and employers. Its capabilities span defined benefit and defined contribution retirement, health and benefits strategy, research and benchmarking, and specialized solutions for government and AI-focused initiatives. Mercer serves a broad audience including corporations, non-profit organizations, and public-sector entities, helping them optimize costs, manage risk, and achieve sustainable growth. The firm emphasizes AI, digital transformation, and strategic research as part of its service mix, supporting clients through change management, strategy development and implementation. The tone is neutral, focusing on mission and capabilities without product names. It highlights a commitment to helping organizations unlock potential, improve health outcomes, and strengthen investment decisions.
Mercer aims to help organizations improve outcomes for employees and stakeholders by providing evidence-based advisory and practical solutions that optimize investments, retirement, health benefits, and workforce transformation.
What we offer
MercerInsight
Delivers In-Depth Analysis And Evaluation Of Asset Managers.
www.mercer.com/en-us/solutions/investments/mercerinsight/MercerWise 401k
Simplifies 401(k) management with comprehensive outsourcing solutions.
www.mercer.com/en-us/solutions/investments/investment-solutions-and-ocio/mercerwise-401k/Outsourced CIO (OCIO)
Enhance investment performance and governance through tailored outsourced CIO solutions.
www.mercer.com/en-us/solutions/investments/investment-solutions-and-ocio/Pooled Employer Plans
Enhances operational efficiency and cost savings for multiple employers through pooled retirement planning.
www.mercer.com/en-us/solutions/investments/investment-solutions-and-ocio/Sustainable Investment
Enhance investment decisions with sustainable and responsible portfolio strategies.
www.mercer.com/en-us/solutions/investments/sustainable-investment/Wealth Managers & Financial Intermediaries
Provides specialized support and resources for wealth managers and financial intermediaries.
www.mercer.com/en-us/solutions/investments/wealth-managers/Defined Benefit Plans
Get expert guidance on designing and managing defined benefit pension plans to optimize employee benefits.
www.mercer.com/en-us/solutions/retirement/defined-benefit-pensions/Defined Contribution Plans
Streamlined Defined Contribution Plans for Effective Retirement Management.
www.mercer.com/en-us/solutions/retirement/defined-contribution-pension-plans/Employee Benefits Strategy & Consulting
Optimizes employee benefits programs to enhance satisfaction and align with business goals.
www.mercer.com/en-us/solutions/health-and-benefits/Data & Technology
Empower organizations with data insights and technology for effective health benefit strategies.
www.mercer.com/en-us/solutions/health-and-benefits/employee-benefits-strategy-and-consulting/data/Center for Health Innovation
Empowering organizations with innovative health benefit solutions and insights.
www.mercer.com/en-us/solutions/health-and-benefits/specialty-solutions/center-for-health-innovation/Research & Benchmarking
Enhance strategies with data-driven research and benchmarking insights.
www.mercer.com/en-us/solutions/health-and-benefits/research-and-benchmarking/Pharmacy Benefits
Optimize medication costs and enhance health outcomes with Mercer’s Pharmacy Benefits solutions.
www.mercer.com/en-us/solutions/health-and-benefits/specialty-solutions/pharmacy-solutions-mercerrx/Compliance Support
Streamlines compliance and regulatory requirements for health and benefits programs.
www.mercer.com/en-us/solutions/health-and-benefits/specialty-solutions/mercerguide/Voluntary Benefits
Enhances employee satisfaction through tailored voluntary benefits administration.
www.mercer.com/en-us/solutions/health-and-benefits/specialty-solutions/voluntary-benefits/Specialty Expertise
Provides specialized health and benefits solutions tailored to meet diverse organizational needs.
www.mercer.com/en-us/solutions/health-and-benefits/specialty-solutions/Life, Absence and Disability Management
Enhances employee support through comprehensive life, absence, and disability program management.
www.mercer.com/en-us/solutions/health-and-benefits/specialty-solutions/life-absence-and-disability/Employee Well-Being Programs
Enhance employee health and satisfaction with tailored well-being programs.
www.mercer.com/en-us/solutions/health-and-benefits/specialty-solutions/mercerwell/Federal Government
Expert Consulting Services for Federal Agencies and Programs.
www.mercer.com/en-us/solutions/government/us-federal-government/State Medicaid
Provides comprehensive Medicaid guidance and health benefits expertise.
www.mercer-government.mercer.com/Artificial Intelligence
Unlock potential through AI-driven health, investment, and workforce solutions.
www.mercer.com/en-us/solutions/artificial-intelligence/Health and Benefits AI
Leverage AI to enhance health and benefits strategies and improve outcomes.
www.mercer.com/en-us/solutions/artificial-intelligence/health-and-benefits/Investments AI
Enhances investment strategies through AI-powered insights and analytics.
www.mercer.com/en-us/solutions/artificial-intelligence/investments/Talent and Workforce Strategy AI
Enhance workforce planning with AI-driven strategies for better employee outcomes.
www.mercer.com/en-us/solutions/artificial-intelligence/talent-and-workforce-strategy/Workforce Solutions
Transform workforce processes through comprehensive solutions.
www.mercer.com/en-us/solutions/workforce-solutions/Digital Implementation
Streamline HR transformation with effective digital implementation services.
www.mercer.com/en-us/solutions/transformation/digital-implementation/HR Transformation
Transform HR processes to enhance organizational efficiency and workforce effectiveness.
www.mercer.com/en-us/solutions/transformation/hr-transformation/Job Architecture
Enhance workforce efficiency by optimizing job roles and hierarchies.
www.mercer.com/en-us/solutions/talent-and-rewards/job-architecture/M&A Advisory
Facilitates successful mergers and acquisitions with expert advisory services.
www.mercer.com/en-us/solutions/transformation/mergers-and-acquisitions-advisory/Skills-Powered Talent Practices
Empowers organizations to make data-driven, skills-based talent decisions.
www.mercer.com/en-us/solutions/talent-and-rewards/skills-based-talent-practices/Workforce & Organization Transformation
Streamline Organizational Design And Enhance Employee Engagement.
www.mercer.com/en-us/solutions/transformation/workforce-and-organization-transformation/Compensation & Benefits Data
Empowers organizations with critical global compensation and benefits data.
www.mercer.com/en-us/solutions/talent-and-rewards/rewards-strategy/global-compensation-and-benefits-data/Executive Compensation
Enhances organizational effectiveness through tailored executive compensation strategies.
www.mercer.com/en-us/solutions/talent-and-rewards/executive-compensation/Pay Equity & Transparency
Enhance fairness and trust through comprehensive pay equity analysis.
www.mercer.com/en-us/solutions/talent-and-rewards/rewards-strategy/pay-equity/Rewards Strategy
Enhance employee engagement through structured rewards strategies.
www.mercer.com/en-us/solutions/talent-and-rewards/rewards-strategy/Sales Compensation & Effectiveness
Enhances sales performance through optimized compensation strategies.
www.mercer.com/en-us/solutions/talent-and-rewards/rewards-strategy/sales-compensation-and-effectiveness/Market segments
Market size by segment
Growth potential (CAGR)
Retirement plan administration
Administration, recordkeeping, plan design, and participant education for employer-sponsored retirement plans (401(k), 403(b), ESOPs) to support employee savings and fiduciary compliance.
Health benefits strategy and pharmacy management
Capabilities to design and manage employer and public health programs, including benefits strategy, benchmarking, pharmacy benefit management, disability and Medicaid advisory.
Investment management and outsourced CIO
Investment research, manager evaluation, OCIO governance and AI-enabled investment analytics to support portfolio strategy and sustainable investing.
HR transformation and talent strategy
Alignment of HR capability with business strategy through workforce planning, HR operating model redesign, and talent optimization.
Compensation benchmarking and pay strategy
Market benchmarking, compensation analytics and pay strategy functionality to design competitive reward programs and inform pay decisions.
More information about our offering
MercerInsight
MercerInsight is an asset manager research platform delivering in-depth analysis and independent evaluation of investment managers. This platform supports organizations in making informed investment decisions and optimizing their asset management strategies.
- Provides Comprehensive InsightsThis feature delivers detailed assessments of asset managers, helping clients make informed investment decisions.
- Ensures Objective Decision-MakingEnsures that clients receive unbiased evaluations, facilitating more transparent and effective investment strategies.
- Enhances Decision-Making ProcessesBy leveraging technology, MercerInsight empowers organizations with data-driven insights that enhance their investment decision-making processes.
- Encourages CollaborationThis community fosters collaboration among investment professionals, offering valuable insights and networking opportunities.
MercerWise 401k
Expanded 401(k) outsourcing service to manage defined contribution plans.
- Streamlines Plan ManagementAllows organizations to focus on core business while Mercer manages the complexities of their 401(k) plans through expert outsourcing.
- Enhances Retirement OfferingsRevamps retirement plans to better meet the needs of today’s workforce and aligns with best practices to improve participation and outcomes.
- Facilitates Cost EfficiencyReduces administrative burden and costs by sharing the infrastructure, beneficial for small and medium-sized employers.
Outsourced CIO (OCIO)
Outsourced CIO investment solutions for strategic governance and investment oversight, enabling organizations to enhance their investment performance and align with their unique objectives.
- Ensure Effective GovernanceOur dedicated governance structure allows for objective decision-making and strategic oversight tailored to your organization’s needs.
- Provide Strategic Investment InsightsLeverage senior advisors for informed investment decisions, ensuring alignment with overarching organizational goals.
- Leverage Advanced AnalyticsEmploy a robust analytical framework to optimize investment performance and adapt to market changes effectively.
- Achieve Strategic AlignmentCraft investment strategies that reflect your unique objectives and risk profiles, enhancing overall investment effectiveness.
Pooled Employer Plans
Pooled employer plan solution enabling pooled retirement plans for multiple employers, leveraging economies of scale for efficient management and cost-effectiveness.
- Simplifies Retirement ManagementA unified approach to retirement management allows small and medium-sized employers access to competitive retirement solutions typically reserved for larger organizations.
- Enhances Operational InsightsThe integration of sophisticated technology allows employers to optimize their retirement strategies and access crucial data analytics.
- Reduces Overall CostsBy consolidating resources and administration, pooled employer plans significantly lower the costs for each participating employer.
- Offers Flexible OptionsEmployers can tailor plans to fit specific workforce needs while benefiting from pooled resources.
Sustainable Investment
Sustainable investment solutions integrating ESG considerations into portfolios.
- Integrate ESG FactorsSeamlessly incorporate ESG criteria into investment strategies to promote responsible and sustainable growth.
- Access Comprehensive ResearchLeverage in-depth research and insights on sustainable investment opportunities to guide decision-making.
Wealth Managers & Financial Intermediaries
Support for wealth managers and financial intermediaries including investment strategies and research.
- Optimize Investment SolutionsUtilize data-driven strategies and innovative solutions to enhance portfolio management for wealth managers.
- Access Enhanced InsightsLeverage expert insights and advisory services tailored to the unique needs of intermediaries.
- Leverage Technology for InsightsEmploy cutting-edge technology and analytics to inform investment decisions and improve outcomes.
- Promote Responsible InvestingIntegrate sustainable practices in investment strategies to align with growing client demand for responsible investments.
Defined Benefit Plans
Mercer's Defined Benefit Plans service provides expertise in the design, management, and outsourcing of pension plans, ensuring compliance and optimal benefits for employees.
- Create Custom Pension PlansTailor pension plans to meet the specific needs of the organization and its employees, ensuring effective governance and sustainability.
- Streamline Pension AdministrationEnable organizations to outsource the complexities of pension administration, reducing the burden on internal resources.
- Maintain Regulatory ComplianceHelp organizations navigate complex pension regulations to avoid penalties and ensure compliance.
Defined Contribution Plans
Mercer provides comprehensive defined contribution plan solutions, including design, implementation, and outsourced administration.
- Design Tailored PlansMercer's expertise in plan design ensures solutions meet organizational and employee needs, fostering better retirement outcomes.
- Streamline AdministrationOutsourcing operations allows organizations to focus on their core business while Mercer manages the complexities of defined contribution plan administration.
- Enhance Employee ParticipationMercer implements effective communication and engagement strategies that encourage employees to participate actively in their retirement planning.
Employee Benefits Strategy & Consulting
Mercer's Employee Benefits Strategy & Consulting delivers comprehensive advisory services for developing and optimizing employee benefits programs.
- Design Customized Benefits ProgramsCreate tailored benefits solutions that meet the unique needs of your workforce, ensuring alignment with organizational goals.
- Optimize Benefit OutcomesLeverage expert insights to improve the efficiency and effectiveness of your employee benefits offerings.
- Leverage Data AnalyticsUtilize advanced analytics to gain insights into employee needs and trends, improving decision-making and program effectiveness.
- Access Competitive InsightsBenchmark your benefits programs against industry standards to identify gaps and opportunities for improvement.
- Ensure Regulatory ComplianceStay updated with the latest regulations and compliance requirements to mitigate risks associated with employee benefits.
Data & Technology
Data and technology solutions for health benefits strategy and operations.
- Leverage Data InsightsUtilize advanced analytics to design and manage health benefits effectively, ensuring data-driven decisions that optimize outcomes.
- Enhance Administration EfficiencyImplement technology solutions that streamline benefits administration, improving efficiency and accuracy in managing health benefits.
- Drive Health InnovationAccess cutting-edge solutions and strategies that integrate health innovation into benefits management to improve employee well-being.
- Utilize Benchmarking InsightsLeverage research and benchmarking to stay competitive and informed, enabling the design of effective health benefit packages.
- Promote Employee WellnessSupport various wellness initiatives that foster a healthier workplace, ultimately improving overall productivity.
Center for Health Innovation
Center advancing health benefits innovation and industry benchmarking.
- Drive Health TransformationLeverages cutting-edge research to implement innovative health benefit strategies that improve employee health outcomes.
- Support Employee HealthOffers a comprehensive suite of well-being initiatives that promote a healthier workforce.
- Enhance Decision MakingProvides data-driven insights to optimize health program strategies and outcomes.
- Optimize Health ProgramsIntegrates advanced data analytics to streamline health benefits administration and improve efficiency.
- Customize Benefit OfferingsDelivers personalized solutions that address unique organizational health challenges.
Research & Benchmarking
Mercer's Research & Benchmarking service provides industry-focused research and comparative benchmarking data to help organizations optimize their health and benefits strategies.
- Improve Performance By Comparing MetricsUtilize comprehensive benchmarking data to assess your organization’s health and benefits metrics against industry standards, leading to informed decision-making and strategic adjustments.
- Access Latest Research TrendsStay ahead in the industry by leveraging research on health and benefits trends, offering insights that assist in strategic planning and competitive advantage.
- Leverage Data For Strategic InsightsUse sophisticated data analytics to derive personalized insights into employee benefits and investment strategies, driving improved organizational performance.
Pharmacy Benefits
Mercer's Pharmacy Benefits solutions deliver comprehensive programs that optimize medication costs, enhance care quality, and manage utilization effectively through strategic pharmacy benefit management.
- Reduce Medication CostsImplement strategies to minimize prescription drug expenses and improve financial outcomes.
- Develop Tailored ProgramsDesign and manage pharmacy benefit programs that align with organizational goals and employee needs.
- Leverage InsightsUse advanced analytics to gain insights that inform pharmacy benefit strategies and enhance care delivery.
- Ensure ComplianceSupport organizations in adhering to pharmacy-related regulations and policies.
Compliance Support
Compliance support services for health and benefits programs.
- Ensures Law ComplianceBy aligning health and benefits programs with relevant laws and best practices, Mercer helps organizations mitigate risks and avoid penalties.
- Provides Expert GuidanceMercer offers expert guidance and support to navigate complex regulatory environments, ensuring that clients meet all compliance requirements effectively.
- Supports Audit ProcessesMercer assists organizations with compliance audits, offering support to streamline the process and addressing any compliance gaps.
- Delivers Training SessionsMercer conducts training sessions for staff to ensure they are informed about compliance issues and can effectively implement necessary changes.
Voluntary Benefits
Mercer's voluntary benefits program focuses on the design and administration of tailored benefits that enhance employees' overall compensation and satisfaction while allowing employers to provide flexible options based on their workforce's unique needs.
- Creates Customized OfferingsMercer tailors benefit packages to meet the specific needs of employees, enhancing recruitment and retention strategies.
- Streamlines Program ManagementMercer's administration efficiently manages the entire voluntary benefits process, ensuring compliance and ease for employers and employees.
- Promotes Health and EngagementProgram options that focus on employee wellness among various demographic needs, supporting healthier workforces.
Specialty Expertise
Specialty expertise across health and benefits to enhance organizational effectiveness and improve employee well-being.
- Delivers Tailored Health SolutionsOffers customized solutions addressing specific health and benefits challenges, leveraging data analytics to improve employee outcomes and organizational efficiency.
- Incorporates Innovative Health ApproachesUtilizes cutting-edge research and best practices to create forward-thinking health initiatives that benefit employees and organizations.
- Ensures Regulatory ComplianceHelps organizations navigate complex health regulations to remain compliant while optimizing benefits offerings.
- Enhances Employee Well-BeingFocuses on mental, physical, and emotional health support, fostering a healthier workforce and improving overall productivity.
Life, Absence and Disability Management
Manage and optimize life, absence, and disability programs for organizations, focusing on employee well-being and organizational effectiveness.
- Provide Disability ResourcesOffer tailored support and resources to employees facing disabilities, assisting them through recovery and return-to-work processes.
- Streamline Absence TrackingImplement systems to effectively track and manage employee absences, ensuring compliance and support for affected employees.
- Leverage Analytics for InsightsUse data-driven insights to assess program effectiveness and make informed adjustments for improved employee support.
- Develop Clear GuidelinesEstablish clear guidelines that help organizations navigate life events impacting employee attendance and well-being.
- Enhance Awareness and TrainingEmpower teams through training workshops and resources about life, absence, and disability management best practices.
Employee Well-Being Programs
Mercer provides comprehensive employee well-being programs that are designed to improve health outcomes and enhance overall employee satisfaction through tailored wellness initiatives.
- Analyze Program ImpactUsing data-driven insights to continuously refine well-being initiatives based on employee feedback.
- Customize Wellness ProgramsTailored initiatives that cater to specific health and wellness needs of your workforce, fostering a healthier workplace.
- Manage Well-Being InitiativesHand-on management of your well-being programs ensures effective delivery and maximizes employee engagement.
- Support Employee WellnessResources including counseling, fitness programs, and health screenings improve overall well-being and productivity.
Federal Government
Mercer offers expert consulting services tailored for federal agencies, focusing on programs, benefits, and strategic insights to enhance performance and compliance.
- Provides Tailored Solutions.Mercer's federal government advisory offers customized consulting services that address the specific needs of federal agencies, enhancing program effectiveness and compliance.
- Ensures Regulatory Adherence.Mercer helps federal agencies maintain compliance with evolving regulations, minimizing risk and ensuring that programs meet federal standards.
- Leverages Analytical Insights.Through data analysis, Mercer enhances decision-making for federal programs, enabling agencies to achieve better results and allocate resources efficiently.
- Facilitates Workforce Optimization.Mercer provides strategic insights to optimize workforce management within federal agencies, aligning practices with organizational goals.
State Medicaid
State Medicaid program expertise and health benefits guidance.
- Offers Expert Medicaid SupportMercer's extensive knowledge helps states navigate the complexities of Medicaid, ensuring adequate compliance and efficient health plan management.
- Designs Effective Health ProgramsTailors health benefits solutions to meet the unique needs of Medicaid recipients, focusing on improved care and access.
- Ensures Regulatory ComplianceAssists states in understanding and adhering to Medicaid regulations to avoid penalties and legal issues.
- Enhances Decision-MakingEmploys advanced analytics to inform Medicaid policy decisions, driving better health outcomes and cost management.
Artificial Intelligence
Mercer’s AI solutions portfolio encompasses health and benefits, investments, and talent and workforce strategy, leveraging data-driven insights for enhanced outcomes.
- Enhance Employee Health OutcomesUtilize AI tools to optimize health and benefits programs, improving the overall employee experience and health outcomes.
- Strengthen Investment DecisionsHarness AI to provide advanced analytics and insights that assist clients in making informed investment decisions for sustainable growth.
- Optimize Workforce StrategiesLeverage AI to enhance workforce planning and talent management, ensuring organizations effectively meet their strategic goals.
- Facilitate Digital TransformationAssist organizations in adopting and implementing digital solutions that integrate AI capabilities to leverage data for strategic advantages.
Health and Benefits AI
AI-focused solutions for the health and benefits domain, enhancing workforce strategies and optimizing health outcomes.
- Optimizes Health BenefitsUtilizes advanced AI applications to enhance the management and effectiveness of health benefits for organizations, driving better outcomes for employees and employers.
- Empowers Informed DecisionsEmpowers organizations with actionable insights through comprehensive data analytics, enabling informed decisions in health and benefit strategies.
- Ensures Regulatory ComplianceOffers tools and guidance to help organizations maintain compliance with health regulations, mitigating risks associated with non-compliance.
- Promotes Employee WellnessSupports organizations in creating effective employee well-being programs, fostering a healthier workforce which leads to increased productivity and satisfaction.
Investments AI
AI-driven insights for investment decision making.
- Leverage AI For Enhanced InsightsUtilizes advanced AI algorithms to analyze market data, forecast trends, and support informed investment decisions.
- Access Market Insights EasilyProvides clients with a platform to leverage collective insights from industry experts, enabling better decision-making.
- Integrate Sustainability Into PortfoliosHelps organizations align their investment strategies with sustainability goals, optimizing for both financial performance and social impact.
- Delegate Investment ManagementEnables organizations to outsource their investment management to experts, allowing them to focus on core business activities.
Talent and Workforce Strategy AI
Mercer's Talent and Workforce Strategy AI provides organizations with AI-enabled solutions that enhance workforce planning, strategic insights, and improve employee outcomes.
- Optimize Workforce PlanningUtilize AI technology to enhance and streamline workforce planning processes, ensuring optimal resource allocation and employee effectiveness.
- Empower Data-Driven DecisionsAccess comprehensive analytics and benchmarking tools to inform workforce strategies and improve overall organizational performance.
- Personalize Talent StrategiesAdapt the platform’s tools and analytics to align with specific organizational challenges and workforce goals, facilitating more effective outcomes.
Workforce Solutions
Workforce transformation services including digital implementation, HR transformation, job architecture, M&A advisory, skills-based talent practices, and organizational change.
- Drive Organizational ChangeImplement holistic strategies to transform workforce dynamics and organizational culture, facilitating improvement in performance and morale.
- Streamline HR FunctionsRevamp HR structures and practices to better align with organizational goals, facilitating improved employee support and operational efficiency.
- Enhance Workflow EfficiencyLeverage cutting-edge digital solutions to streamline and modernize workforce operations, enhancing overall productivity and engagement.
- Optimize Talent UtilizationDevelop practices to ensure that employee skills align with organizational requirements, enhancing workforce effectiveness.
- Clarify Job RolesEstablish clear job definitions and career pathways, enhancing talent management and employee satisfaction.
- Facilitate Smooth TransitionsProvide strategic advice to navigate HR complexities during M&A, ensuring seamless organizational integration.
Digital Implementation
Mercer's digital implementation services streamline HR and transformation initiatives by leveraging technology and data-driven approaches to deliver customized solutions that enhance workforce effectiveness and operational efficiency.
- Delivers Comprehensive Digital SolutionsMercer's digital rollout services ensure complete coverage and integration for all aspects of digital transformation, helping clients achieve their strategic HR and operational goals.
- Provides Analytical InsightsBy integrating data analytics into the implementation process, Mercer enables organizations to make informed decisions that drive successful outcomes in their HR and transformation efforts.
- Supports Smooth TransitionsMercer's change management support helps organizations navigate the complexities of digital transformation, ensuring a smoother transition and higher adoption rates of new technologies.
HR Transformation
HR transformation services focus on redesigning HR processes and building capability to enhance workforce effectiveness.
- Redesign HR ProcessesBy focusing on process redesign, organizations streamline HR functions, ensuring they are aligned with strategic business goals.
- Utilize AnalyticsEmploying data-driven insights helps organizations make informed decisions, optimizing talent management and improving overall HR effectiveness.
- Enhance HR SkillsBy investing in capability building, organizations empower their HR personnel with the necessary skills and knowledge.
- Develop Engagement StrategiesImplementing effective employee engagement strategies helps boost morale, improve retention rates, and enhance overall organizational culture.
Job Architecture
Job architecture design for workforce optimization.
- Optimize Job RolesStreamlines organizational structure by clarifying job responsibilities.
- Support Strategic GoalsFacilitates better decision-making and resource allocation by aligning job roles with business strategy.
- Leverage AnalyticsEmploys data analytics to inform job design, fostering a data-driven culture.
M&A Advisory
M&A advisory services for workforce and organizational integration.
- Guarantees Smooth TransitionsHelps organizations effectively integrate cultures, policies, and operations during M&A.
- Informs Strategic DecisionsEquips clients with insights into potential risks and synergies.
- Ensures Operational ContinuityFacilitates a smooth transition post-merger.
- Minimizes ResistanceUtilizes proven strategies to foster employee acceptance and commitment.
- Offers Custom SolutionsEnsures advisory services are aligned with unique objectives and challenges.
- Enhances Cultural CompatibilityEnables organizations to identify cultural challenges early.
Skills-Powered Talent Practices
Integrates skills data and analytics to transform workforce strategies.
- Enhances Talent DecisionsUtilizes advanced analytics to align talent practices with business needs.
- Informs Strategy DevelopmentProvides actionable insights to tailor talent strategies.
- Supports Business TransformationEasily adjusts to evolving organizational needs.
Workforce & Organization Transformation
Mercer’s services help businesses optimize their structure and engage employees effectively.
- Elevate Employee EngagementImplement initiatives to enhance the overall employee experience.
- Improve Organizational DesignEnhance the effectiveness of structures to align with strategic objectives.
- Leverage Skills-Based TalentUtilize skill assessments to attract and develop talent aligned with business needs.
- Facilitate Digital AdoptionCreate strategies for integrating digital technologies into workforce processes.
Compensation & Benefits Data
Mercer's platform provides comprehensive datasets for strategic decision-making regarding employee compensation.
- Enhance Decision MakingUtilize extensive datasets to inform compensation strategies.
- Identify Competitive PositionLeverage benchmarking capabilities to assess compensation practices.
- Ensure ComplianceStay informed about changes to maintain compliance and minimize risks.
Executive Compensation
Mercer provides executive compensation design, benchmarking services, and strategy development.
- Optimize Pay StructuresTailored strategies for executive pay increase competitiveness.
- Ensure Competitive AlignmentData-driven benchmarking informs competitive positioning.
- Enhance Decision-MakingUtilizes insights and analytics to support compensation strategies.
- Tailor Solutions to NeedsCrafts solutions to drive performance and job satisfaction.
Pay Equity & Transparency
Pay equity and transparency initiatives that help organizations ensure fairness in compensation practices.
- Identify Compensation DisparitiesUtilize advanced analytics to highlight areas needing rectification.
- Foster Organizational TrustBy promoting transparency, companies build greater trust among employees.
Rewards Strategy
The Rewards Strategy platform offers comprehensive development and governance for strategic compensation and rewards.
- Establish Structured RewardsHelps organizations create clear compensation frameworks.
- Identify Pay GapsAssists organizations in recognizing and addressing disparities in pay.
- Adapt Compensation StructuresModifies compensation strategies reflecting industry standards.
- Utilize Data-Driven InsightsEnables informed decisions through analytics.
Sales Compensation & Effectiveness
Tailored strategies to optimize sales performance and ensure alignment with organizational goals.
- Align Rewards With PerformanceTailor structures that incentivize sales teams effectively.
- Integrate Compensation ElementsCreates a cohesive compensation framework for desired outcomes.
- Leverage Data For ImprovementUtilize analytics to assess performance and optimize strategies.
- Continuously Improve StrategiesMonitors and refines sales compensation programs.
References
Methodology and sourcing behind the figures shown above.
Retirement plan administration
Estimate derived from aggregate U.S. defined‑contribution assets and typical recordkeeping/administration fee rates, cross‑checked against published market-sizing for retirement/administration software and broader business retirement services. ICI/industry data show U.S. DC plan assets of ~$13.9 trillion; applying a conservative average administration/recordkeeping fee ~0.18–0.22% implies annual administration revenues of roughly $25–31 billion (rounded to $28B). Growth potential (CAGR ≈5%) reflects a mature services market (benchmarked to business retirement market CAGRs ~4.6%) tempered by faster growth in enabling software and technology (software CAGRs ~10–11%), PEP adoption, and continued auto‑enrollment and retirement plan coverage expansion.
- Defined contribution (DC) plan assets were $13.9 trillion by the end of the third quarter.
- The Business Retirement Plan Market Size was valued at 27.5 USD Billion in 2024.
- Global pension administration software market was valued at $4.5 billion in 2022.
- US 401(k) Software market is estimated to reach $7,160.2 Million by 2030; growing at a CAGR of 10.7%.
- Mid-market defined contribution plans account for more than $1.2 trillion in assets as of year-end 2023.
Health benefits strategy and pharmacy management
Estimate based on multiple PBM market reports in the provided search results. Global PBM valuations range ~USD 586–747 billion (2024–2025) across sources; pharmacy management systems (adjacent) cited ~USD 81.5 billion. I used the midpoint of reported global PBM ranges (~USD 650B) and a midpoint CAGR from reported forecasts (5.5%–9.1%) to derive a representative growth potential of ~7.0% for the combined health benefits strategy and pharmacy management segment.
- Global PBM market valued at USD 670.19 billion in 2025; CAGR 9.01% (2026–2035).
- Global PBM market size valued at USD 609.13 billion in 2025; CAGR 5.5% (2026–2034).
- PBM market estimated at USD 586.60 billion in 2024; CAGR 6.0% (2025–2032).
- Global PBM market estimated at USD 747.45 billion in 2024; CAGR 9.11% (2025–2034).
- Pharmacy Management System market size $81.54 billion in 2024; CAGR 10.67% (2025–2035).
- U.S. PBM market calculated at USD 518.24 billion for 2024; CAGR 5.7% (2024–2033).
Investment management and outsourced CIO
Primary basis: Cerulli data reported in the PlanAdviser article indicating the OCIO market reached >$3.3 trillion at end-2024 and is projected to reach $5.6 trillion by decade-end (implying ~10.6% annual growth over the next five years). Capco’s industry research (earlier period) shows substantial historical growth (global ~$1.96T earlier), corroborating rapid expansion. Alternate Cerulli-based reporting (WealthBriefing) shows a different shorter-term projection (2.4T in 2021 to >3.0T by 2026, ~5.6%); primary estimate uses the more recent Cerulli projection in the search results.
- Cerulli projects the industry to grow to $5.6 trillion—a 10.6% average annual growth rate over the coming five years.
- The $1.96T Worldwide OCIO market has grown significantly – 51% over the last five years.
- OCIO assets stood at $2.4 trillion at the end of 2021 and are expected to grow to more than $3.0 trillion by the end of 2026 (5.6% growth).
HR transformation and talent strategy
Primary source: Fortune Business Insights reports the global HR technology market at USD 43.42B in 2025 with an 8.1% CAGR. Using that as the closest measurable market, I estimated HR transformation and talent strategy (consulting, workforce planning, operating-model redesign, talent optimization) represents a service-oriented subset of the broader HR tech and HR modernization spend — roughly 20–25% of the HR tech market given the significant professional-services and implementation component, plus continued demand from Deloitte/Mercer/Bersin trend signals for workforce transformation and talent strategy. That yields an estimated market size of about USD 10B and a growth potential similar to HR tech (~8% CAGR) reflecting ongoing digital HR transformation and talent strategy investments.
Compensation benchmarking and pay strategy
Growth: LinkedIn summary of a ReliableMarketInsights report projects a 12.3% CAGR (2026–2033). No explicit market-size figure appeared in the supplied results, so the ~$1.2B market-size estimate is an internal, conservative estimate based on HR/compensation software market shares, vendor revenues and adoption of standalone benchmarking tools versus integrated HRIS modules.
Related Organizations
- LS
Leading Retirement Solutions
National retirement plan services provider delivering administration, recordkeeping, and compliance solutions.
www.leadingretirement.com - PG
Principal Financial Group
Global financial services leader providing retirement, benefits, and investment solutions to individuals, businesses, and professionals.
www.principal.com - SS
Spencer Stuart
Global leadership advisory and executive search firm helping organizations recruit and develop top leaders.
www.spencerstuart.com - TA
The Retirement Advantage
Retirement plan services provider offering fiduciary support for employers and financial professionals.
tra401k.com