Mercer Compensation & Benefits in New York

Key Insight for Candidates

• Healthcare Strength: Healthcare in the New York office includes medical, dental, and vision coverage plus an EAP and well-being resources through Marsh McLennan’s U.S. benefits hub, signaling robust core coverage. Feedback suggests plan information is kept current, supporting reliable access to care for local employees.
• Retirement Support: Retirement programs available to New York colleagues include a 401(k) with company match and access to an employee stock purchase plan, which are frequently highlighted as strengths. These features are often cited alongside bonuses as valued parts of the total rewards mix.
• Leave & Time Off Breadth: Paid time off and family leave are part of the U.S. package and are commonly referenced as available to New York employees. Feedback suggests people can make use of vacation and time away as part of the broader support structure.

• Stagnant Pay & Limited Progression: Pay in the New York market is often characterized as only middle-of-the-pack relative to local peers, and feedback points to modest, slow-moving raises that can lag market conditions over time. This creates a perception that compensation growth does not consistently keep pace with responsibilities.
• High Benefits Costs: Medical plan costs are sometimes described as high within the U.S. offering, which applies to New York employees as well. This leads to mixed views on the out-of-pocket value of certain health plan options.