Marsh's Mercer Buys Mining Salary Survey From Hall Consulting

On Wednesday, Marsh & McLennan (NYSE: MMC  ) subsidiary Mercer announced that it has purchased the Coopers Mining Industry Salary Surveys database, client relationships, and consulting services business of privately held Hall Consulting Limited, a leading source of information on the mining industry in North America.

Mercer is a recognized leader in providing data support to the human resources industry, supplying information not only on standard salaries that help companies decide how much to offer their new hires, but also on such details as the cost of living in countries, and cities, to which executives might be dispatched for work abroad.

In a statement describing today's acquisition, Mercer noted that the database it bought contains salary information on "some 150 positions collected from more than 200 mining operations in the U.S. and Canada." While not comprehensive, that's a good representative sampling of the 2,000 publicly traded mining companies currently operating in Canada and the U.S., and a good start for Mercer as it works "to grow it is talent information and consulting services in the industry."

Specific financial details on Mercer's purchase were not disclosed. Nevertheless, investors responded positively to the news, bidding up Mercer shares by 0.8% in Wednesday trading, to close at $36.30.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2254642, ~/Articles/ArticleHandler.aspx, 12/19/2014 3:27:33 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Apple's next smart device (warning, it may shock you

Apple recently recruited a secret-development "dream team" to guarantee its newest smart device was kept hidden from the public for as long as possible. But the secret is out. In fact, ABI Research predicts 485 million of this type of device will be sold per year. But one small company makes Apple's gadget possible. And its stock price has nearly unlimited room to run for early-in-the-know investors. To be one of them, and see Apple's newest smart gizmo, just click here!


Advertisement