Investment supports Mercer’s focus on new technologies and analytics
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 an investment in Pymetrics along with Khosla Ventures. Pymetrics is reinventing the recruiting process by using big data, neuroscience and machine learning to identify optimal career paths for job seekers and ideal employees for organizations.
Pymetrics is transforming the hiring process with new technologies that assess specific characteristics of job applicants through neuroscience games rather than the traditional self-reported question-and-answer approach. It identifies promising job candidates, expanding opportunities for job seekers and connecting organizations with the most appropriate talent.
“Through Pymetrics, we can bring innovative talent acquisition technologies to our clients and further support Mercer’s focus on innovation. By investing in the company, Mercer can help influence how big data and innovative predictive hiring technologies, including gaming, can enhance the recruiting space,” said Barb Marder, Senior Partner in Mercer’s Talent business and Team Leader in Mercer’s Innovation Hub.
“We are very pleased to collaborate with Mercer in shaping the future direction of Pymetrics. We believe the leadership and expertise they bring from an HR perspective will be extremely valuable to advancing the application of big data and neuroscience in the recruiting process,” said Frida Polli, Co-founder and CEO of Pymetrics.
Mercer is a global consulting 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 more than 20,000 employees are based in more than 40 countries and the firm operates in over 130 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 57,000 employees worldwide and annual revenue exceeding $13 billion, 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.
Pymetrics is the next generation career search platform. Using big data, neuroscience and machine learning, the company is reinventing the recruiting industry by recommending optimal career paths to job seekers and helping companies hire smarter. Pymetrics assesses cognitive and personality traits using a series of fun and quick neuroscience games, making it easier than ever to understand where inherent characteristics can lead to success. Learn more at www.Pymetrics.com.
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