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Marsh & McLennan Companies Launches US Veterans Talent Initiative

11/19/13

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NEW YORK--(BUSINESS WIRE)--Nov. 19, 2013-- Marsh & McLennan Companies, Inc. (NYSE:MMC), a global professional services firm offering advice and solutions in risk, strategy, and human capital, announced its commitment to hire 500 US veterans over the next three years. Its Veterans Talent Initiative will focus on recruiting US veterans and providing them with resources to help build successful civilian careers.

"We are honored to support the men and women who have served our country with valor and distinction, and in doing so, broaden our efforts to bring together the best talent to deliver high-impact solutions to our clients," said Dan Glaser, president and CEO, Marsh & McLennan Companies. "Veterans represent a diverse population with outstanding leadership, project management, and communications skills, making them a tremendous asset for our Company."

Mr. Glaser has asked Julio A. Portalatin, president and CEO of Mercer, and Peter Beshar, EVP and general counsel of Marsh & McLennan Companies, to serve as Executive Sponsors of this initiative. Chief Diversity & Inclusion Officer Nicole Gardner will lead the Company's veterans project team.

The Firm will be aided in these efforts by its global, enterprise-wide Veterans Colleague Resource Group, whose mission is to support veterans through hiring and mentoring, and to help them apply their unique skills, experience, and knowledge to the Company's work.

Marsh & McLennan Companies also revealed plans to better accommodate the Company's military families and active-duty reservists. These changes include allowing colleagues who perform annual short-term reserve duty to keep their military pay in full, in addition to their normal pay from the Company, and providing paid time off to colleagues for certain military-related leaves.

In addition to the launch of the Veterans Talent Initiative, the firm is expanding its relationships with organizations focused on the development of veterans in local communities, providing various forms of support, including expertise and classroom space, to Four Block, John Jay College, and the US Army War College. Marsh & McLennan Companies is a member of the 100,000 Jobs Mission, a coalition of companies which has pledged to hire veterans, share best practices, and leverage its networks to identify talented veterans.

About Marsh & McLennan Companies

MARSH & McLENNAN COMPANIES (NYSE:MMC) is a global professional services firm offering clients advice and solutions in the areas of risk, strategy, and human capital. Marsh is a global leader in insurance broking and risk management; Guy Carpenter is a global leader in providing risk and reinsurance intermediary services; Mercer is a global leader in talent, health, retirement, and investment consulting; and Oliver Wyman is a global leader in management consulting. Marsh & McLennan Companies' 54,000 colleagues worldwide provide analysis, advice, and transactional capabilities to clients in more than 100 countries. The Company prides itself on being a responsible corporate citizen and making a positive impact in the communities in which it operates. Visit www.mmc.com for more information.

Source: Marsh & McLennan Companies, Inc.

Media:
Marsh & McLennan Companies
Laura Cora, +1-212-345-2731
laura.cora@mmc.com
or
Investor:
Marsh & McLennan Companies
Keith Walsh, +1-212-345-0057
keith.walsh@mmc.com