Senior Compensation Consulting Analyst

Company:

Mercer

Description:

We are seeking a talented individual to join our Career team at Mercer. This role will be based in Toronto, and it is a hybrid role with a requirement of working at least three days a week in the office.

As a Senior Compensation Consulting Analyst, you will play a pivotal role in shaping innovative rewards strategies that drive organizational success and attract top talent. You’ll craft and implement tailored compensation and incentive programs, ensuring alignment with business goals and regulatory standards. By delivering compelling insights and recommendations to senior leaders, you’ll influence key talent decisions and help clients stay ahead in a competitive market.

Mercer's Career business segment helps our clients around the world engage their talent to drive business performance. Career consultants partner with HR leaders, board members, and top-level executives to optimize business performance through strategies that enable organizations to better reward and engage their people. We stay ahead of the competition by providing best-in-class information, unsurpassed global reach, dedicated support services, and innovative solutions. We bring clients a range of integrated solutions across five practice areas: Workforce Rewards, Executive Rewards, Workforce Planning & Analytics, Communications & Change Management and HR Transformation.

We will count on you to:

• Conduct market research and analysis to understand industry and organization-specific issues, including compensation and rewards trends, business strategy, corporate performance, and hiring and retention challenges
• Combine an understanding of clients’ internal needs with external market practices to help facilitate a client’s go-forward rewards strategy and programs
• Analyze clients' strategic, financial, and organizational information to provide insights that will develop into talent strategies and solutions
• Design and implement executive, workforce, and sales compensation structures and incentive plans to align pay and performance with corporate strategic objectives
• Develop and implement job evaluation systems and performance management programs
• Perform pay equity diagnostics that drive clients’ pay equity compliance strategy for provincially and/or federally regulated clients
• Prepare client reports and presentations, including recommendations presented to senior management, HR leaders, boards of directors, and executives

What you need to have: 

• Bachelor's degree in Commerce, Economics, Finance, Statistics, Accounting, or related field  
• Minimum 1 year of relevant work experience in management consulting, total rewards, compensation, finance, human resources, or accounting preferred
• Strong analytical and critical thinking skills, both quantitative and qualitative
• Strong working knowledge of Excel including advanced formulas (VLOOKUP, INDEX (MATCH), COUNTIF, AVERAGEIF, etc.) and developing analysis files and dashboards
• Demonstrated experience in data analysis and presentation design
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity and a drive to understand “the why”, seeking opportunities to develop deeper understanding and new skills
• Flexibility, adaptability, and the ability to work under tight deadlines and changing client needs
• Superior organizational skills and strong attention to detail

What makes you stand out?

• Involvement in extracurricular activities, clubs and/or sports teams

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 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.

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, or any other characteristic protected by applicable law. In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh McLennan will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations. If you require a specific accommodation because of a disability or medical need, please contact [email protected] 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.