We are seeking a talented individual to join our Career Team at Mercer. This role will be based in Hyderabad or Bangalore. This is a hybrid role that has a requirement of working at least three days a week in the office.
Senior Consultant - Compensation Consulting
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We will count on you to:
- Conduct benchmarking studies. Evaluate compensation across key anchors (such as base salary, total cash, long-term incentives, and total compensation) with respect to market and peer group data. Analyze publicly available information and internal industry data to provide insights and recommendations.
- Review existing short-term and long-term incentive plans for clients. Design new incentive plans (both short-term and long-term) tailored to client needs and market practices. Prepare and deliver presentations to clients on recommended incentive plan solutions; modify solutions as per client feedback within Mercer's framework.
- Prepare project plan based on agreed scope of work; Coordinate with client for data, understanding their policies, scheduling meetings, etc. as per project requirements. Ensure ongoing engagement with clients beyond project delivery to grow Mercer's wallet share.
- Actively participate in business development: meet prospective clients, understand requirements, and create tailored proposals. Prepare insights, articles, and points of view on executive compensation and incentive plan practices
- Handle administrative tasks such as creating statements of work (SOWs), reviewing and tracking invoices, and liaising with Finance for timely invoicing and payment tracking.
What you need to have:
- 4-6 years of experience in total rewards/compensation
- MBA/Post graduation in Human Resources
- Strong analytical and research skills.
- Excellent communication and presentation abilities.
- Ability to work independently with minimal supervision.
- Client-focused mindset and relationship-building skills.
- Attention to detail and organizational skills.
What makes you stand out:
- Human Resources, experience expertise in Compensation & Benefit is preferred - Good understanding of various areas in HR, comfort with numbers and understanding of compensation terminology - High proficiency with excel and data analytics
- Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure - Excellent interpersonal and communication skills - Dynamic, motivated, flexible and result-oriented personality with the ability to perform under pressure
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Mercer, a business of Marsh McLennan (NYSE: MMC), is a global leader in helping clients realize their investment objectives, shape the future of work and enhance health and retirement outcomes for their people. Marsh McLennan is a global leader in risk, strategy and people, advising clients in 130 countries across four businesses: Marsh, Guy Carpenter, Mercer and Oliver Wyman. With annual revenue of $24 billion and more than 90,000 colleagues, Marsh McLennan helps build the confidence to thrive through the power of perspective. For more information, visit mercer.com, or follow on LinkedIn and X.
Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age, background, caste, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.
Marsh McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one anchor day per week on which their full team will be together in person.
