Principal Rewards Consultant
Marsh & McLennan
Principal Consultant
We are seeking a talented individual to join our Career Consulting team at Mercer. This role offers a hybrid work arrangement, requiring a minimum of three days per week in the office or with clients.
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 Principal consultant, you will lead delivery of large-scale projects, coach team members, and solve complex compensation challenges. In addition, you will support the business development process. This is a great opportunity to partner with senior management and HR leaders to develop and deliver compensation strategies that attract, retain, and motivate talent.
What you will do:
- 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
- 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
What you need to have:
- 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
What makes you stand out:
- 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
Why join Mercer:
- 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
- A flexible hybrid work model balancing remote work with in-office collaboration
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