Senior (Executive) Compensation Consultant

Company:Mercer

Description:

We are seeking a talented individual to join our Career team at Mercer. This role will be based in New York City, Boston, MA, or Philadelphia, PA. This is a hybrid role that requires working at least three days a week in the office. Clients may be located anywhere in the United States; some travel is expected and encouraged to support client engagements and relationship building.

As a Principal Consultant specializing in (Executive) Compensation and Total Rewards, you will lead the design and implementation of comprehensive (executive) compensation programs, including short and long term incentive plan design, overall pay strategy for executives and broader employee populations, and other total rewards topics that arise from clients’ evolving business needs. Your strategic insights will help organizations align (executive) compensation and rewards programs with business objectives and talent goals in dynamic and competitive markets.

Senior (Executive) Compensation Consultant

We will count on you to:

• Lead and manage client engagements focused on (executive) compensation strategy, including pay benchmarking, incentive plan design, and pay structure modernization.

• Develop and execute business development initiatives to grow Mercer’s Rewards presence, particularly in key US markets.

• Build and maintain strong client relationships, serving as a trusted advisor to HR and business leadership teams.

• Collaborate with Mercer’s cross functional teams to design integrated total rewards solutions that address complex client needs.

• Provide expert advisory on (executive) pay considerations to clients in various industries and ownership structures.

• Oversee project teams to ensure timely delivery of high quality recommendations and presentations.

• Stay abreast of evolving market trends, regulatory changes, and best practices in compensation and total rewards.

• Mentor and develop consulting talent, fostering a culture of continuous learning and excellence.

What you need to have:

• Seven to ten years of experience delivering (executive) compensation or total rewards solutions

• Ability to lead sales, manage project delivery, and nurture client relationships.

• Excellent communication, presentation, and relationship management skills.

What makes you stand out:

• Demonstrated expertise in compensation program design for executives and/or broader employee populations.

• Proven track record in achieving sales goals and managing multi-faceted projects .

• Strong knowledge of regulatory and governance frameworks affecting compensation programs.

• Experience in market facing activities such as conference presentations.

Why join our team:

• Work with industry-leading experts on a broad scale of HR topics.

• 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, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting [email protected].

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.

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. In addition to the base salary, this position may be eligible for performance-based incentives.

We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.