We are seeking a talented individual to join our Career team at Mercer. This is a hybrid role that has a requirement of working at least three days a week in the office.
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.
As a Compensation Analyst in the Rewards practice, you will work with a broad range of clients and industries in a stimulating environment, participating as an integral member of project teams to diagnose issues and design strategic human resource solutions that support clients’ success. You will be responsible for providing crucial quantitative and qualitative analytical support to senior consultants and draw meaningful conclusions from client and market data.
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
Example projects include:
Designing and implementing a gender-neutral, pay equity-compliant job evaluation system to determine a company’s internal hierarchy
Executive and non-executive compensation benchmarking
Conducting trends research regarding short and long-term incentive programs
Developing a base salary and bonus program for non-executive employees
Creating a compensation program for sales positions, including commissions
Creating a career architecture including elements such as role profiles and career path tools
What You Need to Have
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?
Completing a Bachelor's degree majoring in commerce, business, economics, finance, statistics, accounting, mathematics, psychology or HR preferred by August 2025
Consulting, business, finance/banking, accounting, HR, and/or economics internship experience preferred
Demonstrated academic excellence with a minimum GPA of 3.0
Involvement in extra-curricular activities, clubs and/or sports teams preferred
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.
What's Next?
In order to be considered, submit your complete application by providing a cover letter, your resume and your most recent transcript in PDF format, via our career section. Please note that applications that are missing any of these documents may not be considered.
We will review completed application submissions and you will be contacted if you are selected for an interview. The interview process will include an Excel test to assess your proficiency level.
The applicable salary for this role is $68,000.
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 reasonableaccommodations@mmc.com.
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.
