Sr. Compensation Consultant

We are seeking a talented individual to join our Career Consulting team at Mercer, a global leader in risk, reinsurance, capital, people and investments, and management consulting.

About the role

This role offers a hybrid work arrangement, requiring a minimum of three days per week in the office or with clients. As a Principal Consultant, you will lead delivery of large-scale projects, coach team members, and solve complex compensation challenges. You will also support the business development process, partnering with senior management and HR leaders to develop and deliver compensation strategies that attract, retain, and motivate talent.

Responsibilities

• Structure, direct, review, and interpret analyses performed by project teams
• Develop compensation strategies, philosophies, and programs that address clients’ attraction and retention needs
• Provide consulting services to senior management on compensation issues including pay strategy (structure and competitiveness), job architecture design, and digital activation of these designs
• Thrive and be motivated by an environment that embraces AI and technology-enabled tools
• Manage day-to-day client interactions, building and maintaining strong relationships
• Provide guidance and oversight to junior team members, supporting their development and ensuring quality deliverables
• Generate revenue by developing new client relationships, extending existing engagements, and identifying cross-selling opportunities

Requirements

• Bachelor’s degree in Business, Human Resources, Finance, or a related field
• Extensive (8+) years of experience in compensation consulting or related HR advisory roles, with demonstrated subject matter expertise
• Proven ability to manage multiple large-scale projects and complex client engagements
• Deep knowledge of compensation strategy, compensation-related technology, incentive plan design, market analysis methodologies, and regulatory compliance
• Strong client relationship management skills with experience advising senior executives
• Excellent communication, presentation, and leadership skills
• Proficiency in Microsoft Office, especially Excel and PowerPoint
• Intellectual curiosity and a proactive approach to problem-solving and coaching

Qualifications

• Experience leading engagements for global organizations with complex compensation challenges
• Demonstrated success in leading or supporting business development activities
• Advanced analytical skills and familiarity with compensation management tools, survey management tools, and AI-enabled compensation agents
• Demonstrated leadership in developing innovative solutions and thought leadership content

Benefits

• Professional development opportunities and supportive leadership to help you grow
• A vibrant, inclusive culture where you can collaborate with talented colleagues
• A broad range of career opportunities and comprehensive benefits to support your well-being
• Flexible hybrid work model balancing remote work with in-office collaboration
• Health and welfare benefits, tuition assistance, 401K savings and other retirement programs, and employee assistance programs

Pay

The applicable base salary range for this role is $133,200 to $266,400. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. This position may also be eligible for performance-based incentives.

Schedule

Hybrid work arrangement, requiring a minimum of three days per week in the office or with clients. Office-based teams will identify at least one “anchor day” per week on which their full team will be together in person.