Principal Compensation Consultant

Company:

Mercer

Description:

We are seeking a talented individual to join our Reward Consulting team at Mercer. This role will be based in London.  This is a hybrid role that has a requirement of working at least three days a week in the office.

Mercer is the pre-eminent global consulting firm that business leaders and human resource professionals around the world turn to when strategic change is on their agenda. Through integrated talent solutions, we help our clients build the leadership, talent and organisational capabilities they need to compete and grow for the future.

The purpose of this market and client-facing role focused on Reward is to drive growth, support leadership and play a key part in developing Mercer’s presence in the UK reward market. It operates mainly in the UK market and Mercer’s target market (FTSE350 and equivalents) with particular emphasis on global and strategic clients.

We will count on you to:

• Contribute to Mercer’s reputation and market position as a market leader in the design and execution of best in class reward strategy

• Advise across the Reward and Talent practice and deliver across people strategy, talent management, broad based rewards, job architecture, employee experience, skills and future of work.

• Meet challenging business development goals leading to sustainable growth revenues

• Lead the design, development and analysis of total reward strategies and supporting programs to ensure alignment with business strategy that reinforce the company's pay-for-performance culture.

• Drive innovation and value creation across the business via the development of global reward and incentive programs.

• Manage performance of the global total rewards team delivering services consistent with business strategy with a particular focus on process optimization, consistent use of technology and systems, and overall operational excellence.

• Monitor performance by collaborating closely with internal partners to align the operational excellence of the total rewards function to ensure a seamless, effective service experience for employees and managers.

• Partner with senior leadership and the Compensation Committee of the Board of Directors on the executive and broad-based rewards strategy of the firm.

• Determine feasibility of plans and provide guidance to reduce risk and maximize opportunities associated with mergers & acquisitions, divestitures, and restructuring activities.

• Researches and applies leading market total rewards practices to optimize the company's total rewards programs.

• Manage vendor relationship strategy to ensure effective and seamless implementation within established budget. Defines consistent and relevant total rewards success criteria, metrics and reporting dashboards to ensure program effectiveness.

• Support clients and lead consulting assignments.

• Engage, facilitate, and guide senior executives and develop trusted advisor relationships with key clients

• Work collaboratively with colleagues across Mercer’s businesses and functions

What you need to have: 

• Track record as a consultant advising clients on the formulation and implementation of reward strategies aligned to the clients' business agenda

• Strong strategic commercial acumen with the capacity to quickly understand business issues

• Experience with sales methods, tools and practices and proven sales experience.

• Exceptional client management skills with demonstrated experience developing strong relationships

• Experience working collaboratively in multi-cultural environments

Why join our team:

• 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 is a business of Marsh (NYSE: MRSH), a global leader in risk, reinsurance and capital, people and investments, and management consulting, advising clients in 130 countries. With annual revenue of over $27 billion and more than 95,000 colleagues, Marsh helps build the confidence to thrive through the power of perspective. For more information about Mercer, visit mercer.com, or follow us on LinkedIn and X.Marsh 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, civil partnership status, disability, ethnic origin, family duties, gender orientation or expression, gender reassignment, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law. We are an equal opportunities employer. We are committed to providing reasonable adjustments in accordance with applicable law to any candidate with a disability to allow them to fully participate in the recruitment process. If you have a disability that may require reasonable adjustments, please contact us at [email protected] 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 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.