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News and Announcements

Fuel50 & Mercer Strategic Alliance for Career Development Opportunities

  • Published January 17, 2018 12:00AM UTC
  • Publisher Wholesale Investor
  • Categories Company Updates

KEY TAKEAWAYS:

  • Global consultant on health, career and wealth management, Mercer, began 2018 by entering into a strategic alliance with Fuel50, a company that enhances career growth by using cloud-based technology.
  • In its observations, Mercer has noted that most of the skills that are in vogue today will lose significance by 2020 and employees then will require more dynamic support from their employers.
  • Fuel50 has expressed confidence in being able to bridge the gap between employers and employees by providing solutions that would enable better career management and enhance the proficiency of the work-force.

New Year brings with it new partnerships and earlier this year, on 16th January 2018, global consultant Mercer entered into a partnership with Fuel50, a career specialist that is well-known for providing interactive and cloud-based solutions. Ilya Bonic, President and Senior Partner at Mercer’s career branch, explained the alliance as being an outcome of the changing job environment in terms of skills and competencies.

Mercer is a global consultant in sectors like health update, wealth management and career prospects and enjoys a prominent presence in 130 countries around the world. Think-tanks within the company feel that because many of the skills which are currently in vogue are likely to be obsolete by 2020, a strategic alliance is the need of the hour to help employees with career planning. Emphasis is also on training employers as to how to engage and retain their workforce in the face of fast-shifting geopolitical trends.

Fuel50 provides career path solutions and uses cloud-based technology to assist its clients in development and reshaping of careers. The firm is excited about its partnership with Mercer, saying that it can actually create an easy and positive career experience wherein employees can hone their skills and employers can look forward to better performance.

While Mercer predicts that in future the quality of support required by employees from the management will be much higher and career path technology is a possible option for making it available. On its part Fuel50 is confident of handling the situation by improving proficiency on both sides of the equation, which in turn will have a positive impact on revenue.

 

About Fuel50

Fuel50 is disruptive career path cloud software that is used by more than 60 enterprise organizations across the globe.

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