Rewards Consultant

Marsh McLennan • Philadelphia, PA

2d • $75,500 - $151,000 • Hybrid

About The Position

We are seeking a talented individual to join our Career Consulting team at Mercer. This role can be based in Philadelphia or Washington, DC and offers a hybrid work arrangement, requiring a minimum of three days per week in the office. Mercer is uniquely qualified to help organizations design and execute sophisticated workforce strategies, whether it’s for a multinational organization or a local company attempting to grow within its market. We provide best-in-class consulting, rigorous analytics, and data-driven insights that help organizations make fact-based decisions. As a Rewards Consultant , you will help companies of all sizes and across all industries solve their greatest challenges by designing and implementing workforce strategies that attract and retain top talent. This is a great opportunity to partner with senior executives and HR leaders to optimize business performance through strategies that better manage, reward, and engage their people. Mercer provides clients with a range of integrated solutions across various practice areas: Rewards, Job Architecture, Work Re-Design, HR Transformation, Talent Strategy, Workforce Planning & Analytics, Communications, Change Management and Mobility. We will count on you to: Conduct research and analysis to understand industry and organization-specific issues that could include business strategy, corporate performance, compensation and rewards practices and trends, global expansion, and best practices in career management Collect, examine, and analyze data relevant to developing (executive) rewards solutions Independently, perform data analysis to understand financial performance, talent trends, and pay practices for clients and the broader marketplace. Develop and review client presentations and exhibits based on collected and calculated data, ensuring accuracy and relevance. Analyze clients' strategic, financial, and organizational information to provide insights for more senior members of the project team Participate in client meetings, fact-finding interviews, and presentations. Provide guidance to project team analysts and ensures timely delivery of work and achievement of project objectives Manage smaller projects and workstreams of larger client projects; may lead additional internal projects as needed and participates in business development by supporting project plan development and pricing Participate in team brainstorming sessions to develop client recommendations Support business development activities by assisting with project plan development and pricing

Requirements

• Bachelor’s degree
• 2-4 years of experience in total rewards and/or compensation, preferably executive compensation
• Experience consulting with leading companies on compensation strategy development, competitive pay evaluation, incentive program design, equity strategy, board compensation, and other (executive) rewards issues.
• Strong quantitative and qualitative analytical skills
• Knowledge of data analysis, project management, and presentation design
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity; seeking opportunities to develop new skills and apply critical thinking to solve problems
• Ability to collaborate with diverse teams and communicate with others in a skillful and engaging manner
• Superior organizational skills, time management, and strong attention to detail
• Proficient in Excel and working knowledge of the MS Office suite and AI tools

Nice To Haves

• Experience in executive compensation
• Strong business and financial acumen

Responsibilities

• Conduct research and analysis to understand industry and organization-specific issues that could include business strategy, corporate performance, compensation and rewards practices and trends, global expansion, and best practices in career management
• Collect, examine, and analyze data relevant to developing (executive) rewards solutions
• Independently, perform data analysis to understand financial performance, talent trends, and pay practices for clients and the broader marketplace.
• Develop and review client presentations and exhibits based on collected and calculated data, ensuring accuracy and relevance.
• Analyze clients' strategic, financial, and organizational information to provide insights for more senior members of the project team
• Participate in client meetings, fact-finding interviews, and presentations.
• Provide guidance to project team analysts and ensures timely delivery of work and achievement of project objectives
• Manage smaller projects and workstreams of larger client projects; may lead additional internal projects as needed and participates in business development by supporting project plan development and pricing
• Participate in team brainstorming sessions to develop client recommendations
• Support business development activities by assisting with project plan development and pricing

Benefits

• 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 an impact on 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.
• competitive total rewards package which includes health and welfare benefits, tuition assistance, 401K savings and other retirement programs as well as employee assistance programs.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Number of Employees: 5,001-10,000 employees