Mercer acquires ageing workforce advising company
Mercer has announced that it has acquired the Positive Ageing Company.
The Positive Ageing Company, which was founded in 2012, is one of the UK’s independent advisors on issues surrounding the ageing workforce. It states that its objective is to help employers and employees manage the financial, care and health impact of ageing. The company’s noted AgeingWorks platform is a digital health, wellbeing and eldercare platform.
Fiona Dunsire, Mercer’s UK CEO and market leader, said, “Mercer’s Ageing Workforce Research showed that 84% of companies know that they need to change how they respond to the challenges posed by an ageing workforce. However, there is still much inactivity - many firms are simply unsure how to take the first step.
“The Positive Ageing Company will support employers in taking that first step. The company is a true disruptive innovator providing employees with vital information on a wide range of topics and relaying information on employee needs back to the employer.
“Mercer is committed to helping companies advance the health, wealth and careers of their employees and the acquisition of the Positive Aging Company is another step in the expansion of our capabilities and our UK business growth. We are delighted to welcome them to the Mercer team.”
Mike and Chris Minett, co-founders of the Positive Ageing Company, commented, “We are excited to be joining Mercer because we have a shared vision - to enable organisations, their employees and ultimately their families to age well. Having engaged with over 200 of the UK's largest employers, it is clear that, for the vast majority, the impact of our ageing demographics on their business is still not clear. Many organisations do not yet fully realise the significant impact that our ageing society is having on their workforce, their customers and their bottom line or more importantly the opportunities to be realised. Mercer sees the value what we do and the benefits that it brings to their clients. We are delighted to be joining them.”
Mercer is a wholly owned subsidiary of Marsh & McLennan Companies.