We're evolving. Mercer is now part of the new, expanded Marsh brand

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In today’s dynamic global business environment, many employers are laser-focused on cost optimization, revenue expansion and maximizing business strategies for sustainable growth.  

Identifying cost mitigation opportunities has become more challenging — particularly when silos across your total risk and rewards spend conceal savings. Streamlining key workforce components into a unified ecosystem can unlock substantial savings that are fragmented across:

  • Compensation, talent, and workforce strategy

    Pay is critical, helping you attract the best and brightest 

  • Health & benefits

    Optimize your programs to promote employee well-being and organizational performance 

  • Retirement and investments

    Strengthen your programs to support financial well-being and retirement readiness

  • Workers’ safety and risk avoidance

    Enhance employee safety and improve workers’ compensation claims management

  • Cyber risk

    Take an enterprise-wide approach in building your cyber resilience
“Our clients are facing volatility, uncertainty, growth and expense pressures, and regulatory change — often all at the same time. It’s critical to connect the dots across workforce and business risks and develop an outcomes-based plan they can act on.”
 Pat Tomlinson, President and Chief Executive Officer of Mercer, a Marsh business, and Vice Chair of Marsh

A roadmap to flexible workforce decision-making

Working across a multi-step process that’s tailored to your organization, our team can help design your Strategic Risk and Rewards Insights journey with a flexible, multi-year roadmap that holistically drives: 
  • Integrated cost-saving opportunities
  • Personalized data analytics for informed decision-making 
  • Integrated total rewards 
  • Forecasted market trends for evolving workforce expectations
  • Proactive risk mitigation strategies
  • Reward programs that motivate your workforce and improve retention rates
  • Compliance navigation with ease

Unlocking $34M in Savings by Analyzing Workforce Risk and Rewards Data

We took a close look at the employer’s workforce, pay, and benefits data — focused on reducing financial, compliance, and fiduciary risk — and identified more than $34M in potential savings. The analysis pointed to clear next steps:

  • Standardize pay and job levels to stay competitive and help reduce turnover
  • Use some of the savings to improve healthcare benefits, making coverage more affordable and better aligned to what employees value
  • Bring leave policies into compliance with state requirements across 10+ states

See how this data-driven approach can deliver lasting improvements in cost, employee experience, and business performance.

Related Insights

    Who we are

    Together, we’re helping our clients realize their investment objectives, shape the future of work, and enhance health and retirement outcomes for their people. We do this by meeting the needs of today and tomorrow. By understanding the data and applying it with a human touch. And by turning ideas into action to spark positive change. 
    80

    80 Years

    20k

    20,000+ colleagues  

    130

    Across 130 countries 

    Frequently Asked Questions

    Strategic Risk and Rewards Insights (SRRI) is a workshop that translates interconnected workforce and business risks into one outcomes-based strategy that aligns to an organization’s short-term and long-term goals.

    Strategic Risk and Rewards Insights looks across workforce-related risks to give the C-suite a clear, connected view. We compare you to industry benchmarks, highlight gaps, and provide practical recommendations tailored to your organization.

    Using a focused set of inputs, we assess your workforce cost structure, people-related risk exposure, and talent and performance levers — to identify the biggest drivers, trade-offs, and priority actions. You receive a roadmap with cost-saving opportunities and employee experience improvements to maximize the value of your investment.

    What Strategic Risk and Rewards Insights is (and what it isn't)

    • A conversation framework and insight-led discovery approach
    • A way to surface enterprise priorities and risk drivers, quantify trade-offs, and align stakeholders across HR, Risk, Finance, and Operations
    • A catalyst to build a coordinated strategy across people, risk, and rewards

    • A one-off product or purchase
    • A one-size-fits-all assessment

    Let’s get started

    Tell us your needs and our specialists will guide you down the right path.