Marsh's Mercer Buys Mining Salary Survey From Hall Consulting

On Wednesday, Marsh & McLennan subsidiary Mercer announced that it has purchased the Coopers Mining Industry Salary Surveys database, client relationships, and consulting services business of privately held Hall Consulting Limited, a leading source of information on the mining industry in North America.

Mercer is a recognized leader in providing data support to the human resources industry, supplying information not only on standard salaries that help companies decide how much to offer their new hires, but also on such details as the cost of living in countries, and cities, to which executives might be dispatched for work abroad.

In a statement describing today's acquisition, Mercer noted that the database it bought contains salary information on "some 150 positions collected from more than 200 mining operations in the U.S. and Canada." While not comprehensive, that's a good representative sampling of the 2,000 publicly traded mining companies currently operating in Canada and the U.S., and a good start for Mercer as it works "to grow it is talent information and consulting services in the industry."

Specific financial details on Mercer's purchase were not disclosed. Nevertheless, investors responded positively to the news, bidding up Mercer shares by 0.8% in Wednesday trading, to close at $36.30.

The article Marsh's Mercer Buys Mining Salary Survey From Hall Consulting originally appeared on Fool.com.

Fool contributor Rich Smith and The Motley Fool have no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.