Mercer announced today the April 2014 release of its talent-focused
technology solutions portfolio Talent
Impact™. Helping clients to better forecast,
engage,
mobilize,
reward,
assess
and develop
their workforces, The April 2014 Talent Impact release includes more
than 100 new and improved features and functionality for its 5 million
users across nearly 500 client organizations in 26 markets and 16
languages. Many of these new features will be highlighted during
complimentary, one hour Mercer webcasts held May
5 (4pm EDT), May
6 (7am EDT), May
7 (9pm EDT) and May
8 (11 am EDT). To learn more and to register for the webcasts please
visit www.mercer.com/talent-impact.
“We are very pleased and proud to announce our latest Talent Impact
release,” said Lisa Sterling, Partner and Global Product Leader of
Talent Technology Solutions. “Our reward and analytics-related
enhancements are particularly important to our user community as they
offer cutting-edge visualization and support features along with a
unique combination of reference benchmarks, multi-source market data and
job evaluation that has become critical in job compensation decision
making.”
The enhancements found in the April 2014 Talent Impact release include:
Streamlined
Compensation Benchmarking and Position Leveling
Mercer’s compensation benchmarking capabilities have been expanded to
support Mercer’s proprietary Internal Positioning Evaluation (eIPE)
methodology. HR staff members often find it challenging and complicated
to produce timely answers to questions about a job or role and have to
use multiple resources to find information on levels, compensation
benchmarks and other market data. With job leveling combined with
compensation benchmarks, users can now easily and quickly identify and
explain pay-related decisions for a given position in terms of its value
to the organization and how it compares to outside pay benchmarks).
Enhanced
Market Pricing Client Experience
Mercer’s compensation management systems have long been the industry
standard for compensation professionals in accessing and analyzing
benchmark data sets. The April 2014 Talent Impact release adds the
ability to simultaneously interact with multiple jobs, make job scope
modifications in real time and centralize all market views.
Enhanced
Workforce Analytics and Reporting
Mercer has enriched a number of key capabilities that further enhance
clients’ ability to better forecast their workforce needs. One of the
most powerful capabilities is a new visualization for Internal Labor
Markets (ILM Map) that includes employee data, updated projections and a
step-by-step tutorial for ILM creation. In addition, the latest Mercer
Talent Impact release brings together analytics and organizational
viewing by integrating them into one central point to determine how a
particular client’s workforce looks today and what it will most likely
look like in the future.
About Talent Impact™
Mercer’s Talent Impact (www.mercer.com/talent-impact)
delivers the powerful combination of consulting insights and market
information enabled with the right technology that in turn empowers
better decisions surrounding organizations most important asset – their
people. Talent Impact helps clients better forecast talent needs, engage
employees for maximum productivity, mobilize workforces for strategic
growth, reward key performers, assess organizational talent and develop
key skills and competencies. Follow Talent Impact on Twitter @TalentImpact.
About Mercer
Mercer is a global 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 20,000
employees are based in more than 43 countries and the firm operates in
over 130 countries. Mercer is a wholly owned subsidiary of Marsh
& McLennan Companies (NYSE: MMC), a global team of professional
services companies offering clients advice and solutions in the areas of
risk, strategy and human capital. With 55,000 employees worldwide and
annual revenue exceeding $12 billion, Marsh & McLennan Companies is also
the parent company of Marsh,
a global leader in insurance broking and risk management; Guy
Carpenter, a global leader in providing risk and reinsurance
intermediary services; and Oliver
Wyman, a global leader in management consulting. For more
information, visit www.mercer.com.
Follow Mercer on Twitter @MercerInsights.
Copyright Business Wire 2014