Dubai, United Arab Emirates, January, 2017: 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 that it has acquired the business of Sirota Consulting LLC (Sirota), a global provider of employee engagement solutions that offers the full breadth of organisational assessments, surveys, technology, and analytics. The acquisition builds upon Mercer’s consulting strength and capabilities in talent management and reinforces its commitment to employee engagement globally, including Middle East.
Nuno Gomes, Principal, Talent Leader at Mercer Middle East said: “Employee engagement has never been more relevant in the Middle East as it is right now. Economic uncertainty, geopolitical instability, nationalisation agendas, talent scarcity and many other factors require greater emphasis on understanding what drives people to perform at the highest standards in organisations across the region. This acquisition is a great opportunity to create significant added value for companies across the region in the area of employee behavioural research."
Sirota, a well-established global brand with more than 40 years of experience, conducts surveys with more than one million employees annually across 130 countries and 80 languages. As specialists in organisational research, Sirota’s advisory capabilities and technologies span all aspects of the employee experience, including engagement, team effectiveness, leadership, and culture. Combined with sophisticated analytics and data mining tools, Sirota’s surveys help clients get real time insight from engagement data. Sirota then uses advanced analytics to help HR identify where leaders, employees, strategy, and culture are misaligned, uncovering hidden factors that drive performance and support positive change.
Employee engagement is widely regarded as one of the most important human capital issues facing business leaders in the Middle East, and Mercer’s acquisition of Sirota will strengthen the company’s consulting insights by ensuring its clients have access to leading expertise and data-driven employee survey research programs. With Sirota’s highly regarded intellectual capital, global normative database, tools, and assessments, Mercer will now have the ability to address current trends in the marketplace that will benefit organisations across the region.
Terms of the agreement were not disclosed.
Founded in 1972, Sirota is a privately held company of survey research and organisational performance experts focused exclusively on conducting attitude research and driving action through effective data utilization. Sirota is known not only for its expertise, but also for its independence, objectivity, and ability to handle complex assignments. In over forty years of work, Sirota has compiled a robust normative database, leading tools and technology, and a profound understanding of how to develop and execute successful survey research programs. By providing innovative, forward-thinking recommendations geared toward leveraging talent, while aligning these efforts with business strategy, Sirota helps build a partnership-driven culture, and effective leadership and management practices that will drive performance.
Mercer is a global consulting leader in talent, health, retirement and investments. Mercer helps clients around the world advance the health, wealth and careers 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 annual revenue of $13 billion and 60,000 colleagues worldwide, Marsh & McLennan Companies is also the parent company of Marsh, a 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. In the Middle East, Mercer has offices in Dubai, UAE and Riyadh, KSA.