Mercer Forms Strategic Alliance with CareerArc to Provide Candidate Care Technology Solution

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 it has formed a strategic alliance with CareerArc to provide employers with a technology solution that strengthens and protects their brand while maintaining candidates’ interest in future opportunities. Mercer CareerArc Candidate Care will be the first of several innovative offerings to come from this alliance. CareerArc is a leading HR software solutions provider revolutionizing social, on demand transition services for today’s modern workforce.

With the Mercer CareerArc Candidate Care solution, employers can help job applicants with their next career step by providing declined candidates with assistance that includes a resume and cover letter builder, skills assessments, video interview practicing, job matching tools – including Mercer MatchTM, Mercer’s new game-based approach – and more.

“With the Mercer CareerArc Candidate Care service, our clients have an incredible opportunity to build their brand by giving declined candidates access to a tool that helps them find their next career opportunity faster,” said Ilya Bonic, Senior Partner and President of Mercer’s Talent business. “I’m energized by the opportunity to benefit society by helping individuals – in high volumes – secure their next opportunity in a fraction of the time it would take without this service.”

“In today’s world of social media, the reputation of companies can be impacted dramatically by transitioning employees and declined candidates, especially if they’re not treated respectfully,” said Robin D. Richards, Chairman and CEO of CareerArc. “It’s more important than ever for companies to provide world-class job assistance to all employees while amplifying and protecting their brand in the marketplace.”

Building upon Mercer’s consulting strength and capabilities in talent management, this alliance with CareerArc supports the firm’s focus on innovative hiring approaches and marks its first offering related to outplacement. Earlier this year, Mercer introduced Mercer Match, a game-based mobile app for helping employers find best performing talent quickly and cost-effectively through neuroscience and big data. Mercer Match was developed in cooperation with Pymetrics, and late last year Mercer announced an investment in the company. Additionally, last year Mercer invested in Talent Tech Labs, the start-up accelerator and co-working space specifically focused on innovative talent acquisition technologies, to facilitate growth in this area.

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 43 countries and the firm operates in over 140 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 60,000 employees worldwide and annual revenue exceeding $13 billion, Marsh & McLennan Companies is also the parent company of Marsh, a global 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.

About CareerArc

CareerArc is the leading HR technology company helping business leaders recruit and transition the modern workforce. Our social recruiting and modern outplacement solutions help thousands of organizations, including many of the Fortune 500, maximize their return on employer branding. By leveraging the cloud, running on world-class infrastructure, and combining web, mobile and social media applications, we help companies gain a competitive edge in recruitment, employment branding, and benefits. Learn more about CareerArc’s enterprise solutions at http://www.careerarc.com/solutions.

Contacts:

Stacy Bronstein, 215-982-8025
stacy.bronstein@mercer.com
or
Yair Riemer, 818-260-3134
yriemer@careerarc.com

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