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( Mercer (consulting firm))
Mercer is a human resource consulting firm, headquartered in New York City, New York, that is recognized as one of the leading business institutions in the world. It has been ranked by Vault.com, Inc. as the _1 human resource consultancy for several years running, including most recently in 2008.[1] Among all consulting firms, Mercer is currently ranked _8 for prestige.[2] Started in the United States in 1937 as the employee benefits department of Marsh & McLennan, Inc., the company took the name of “William M. Mercer” in 1959, when Marsh & McLennan acquired William M. Mercer Limited, a Canadian firm founded by William Manson Mercer in 1945. In 1975, Mercer became a wholly-owned subsidiary of Marsh & McLennan Companies, Inc. In 2002, its name was changed to Mercer Human Resource Consulting. Recently in 2007, the company became simply "Mercer."[3] Currently, Mercer is the world's largest human resource consulting firm.[4][5] Worldwide Cost of Living Survey[1] Major clients include
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