Mercatus Experiences Unprecedented Employee Growth of 63%

Growth Spurt Supports Development of eCommerce Solution

TORONTO--(BUSINESS WIRE)--Mercatus Technologies, a software company delivering exceptional consumer experiences on behalf of their retail clients, is pleased to report a 12 month employee growth rate of 63% while maintaining an 85% employee satisfaction rate.

“Over my 20 year career working for technology companies, I’ve learned that engaged and inspired employees create engaging and inspiring products”

To support the development of a new eCommerce solution, Mercatus has ramped up recruitment in all departments. As a result, today, Mercatus is 51 employees strong compared to 32 employees this time last year. Part of the hiring push included two strategic hires: Jeff Kischuk, Vice President, Business Operations and Bohdan Zabawskyj as Vice President, Technology.

Bohdan Zabawskyj comments, “When I was recruited by Mercatus, I immediately recognized a number of compelling opportunities. First, the collaborative culture, which is professional yet fun, truly inspires innovation. Second the leadership team is engaged, transparent and inspirational. And last, but not least, I fundamentally believe in the product vision of an immersive multi-screen eCommerce experience connecting the retailer and the consumer.”

The eCommerce solution enhances Mercatus’ existing platform into a revenue-generating tool for retail clients. This solution will allow customers to perform integrated transactions across any device.

“Over my 20 year career working for technology companies, I’ve learned that engaged and inspired employees create engaging and inspiring products,” explains Sachi Kittur, Vice President, Human Resources, Mercatus Technologies. “It’s important to have each and every employee committed to and excited by the corporate vision. That’s how to attract and retain top talent, and that’s the culture we enjoy here at Mercatus. Case in point: while the average churn in the tech industry is typically 16%, Mercatus boasts a notoriously low 4% churn.”

The hiring push will continue for the foreseeable six to 12 months in anticipation of strong customer demand for the eCommerce solution, which is scheduled to launch this fall.

About Mercatus

Imagine delivering the right message to the right consumer in the right place at the right time. Mercatus Technologies makes this possible. Mercatus enables retailers to achieve competitive advantage, boost brand equity, and improve financial performance. Leveraging Mercatus Smart Shopping Technology on a cross-channel marketing level, retailers achieve the ultimate one-to-one relationship with shoppers throughout their buying cycle—from intent to influence to purchase. See the bigger picture at www.mercatustechnologies.com.