Compensation Consultant, Associate

Compensation Jobs; Toronto; Hybrid; CAD 76,000 - 114,000; Full time

Benefits offered by this job

Health benefits

Tuition assistance

Retirement programs

Employee assistance programs

Hybrid work model

Job summary

Mercer in Toronto is seeking a Compensation Consultant Associate to join our national rewards team. This hybrid role requires three days in the office weekly and offers exposure to a premier client base across Canada and globally.

You will research industry trends, analyze financial and organizational data, and develop compensation programs and career tools with senior leaders and HR teams.

Qualifications

• 3+ years of experience in management consulting, total rewards, compensation, finance, HR or accounting preferred.
• OR 5+ years in project management, data analysis, financial modeling and presentation design.

Responsibilities

• Conduct research and analysis on industry and organization issues to inform rewards strategies.
• Analyze client data to provide insights for rewards and talent solutions.
• Participate in team brainstorming and develop client recommendations.
• Prepare client presentations for boards, executives and HR leaders.
• Develop base salary and bonus programs for non-executive staff.
• Create role profiles and career path tools.

Skills

Management consulting

Total rewards

Compensation

Excel

Analytical skills

Communication

Education

BComm / MBA

CHRP CCP progress

Economics coursework

Tools

PowerPoint

Financial modeling

Data analysis tools

Job description

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 Compensation Consultant Associate, you will join a national team of 100 passionate consultants who have a wealth of expertise in employee and executive rewards, employee communication, talent strategy and workforce analytics.

This is a great opportunity to work with a premier client base consisting of large complex Canadian and global organizations, and be able to tap into the expertise across Mercer’s global network and work with a broad range of colleagues and industry experts.

We will count on you:

• Conduct research and analysis to understand industry and organization-specific issues, including business strategy, corporate performance, compensation and rewards practices and trends, and best practices in talent management
• Analyze clients' strategic, financial, and organizational information to provide insights that will develop into rewards and talent solutions
• Participate in team brainstorming sessions to develop client recommendations
• Prepare client presentations, including recommendations presented to boards of directors, executives, senior management, and HR leaders
• Developing a base salary and bonus program for non-executive employees
• Creating role profiles and career path tools

What you need to have:

• Minimum 3 years of relevant work experience in management consulting, total rewards, compensation, finance, human resources or accounting preferred
  • OR minimum 5 years of experience in project management, data analysis, financial modeling and presentation design
• Strong analytical skills, both quantitative and qualitative, and a solid background in Excel
• Flexibility, adaptability and the ability to work under tight deadlines or changing client needs
• Excellent interpersonal, verbal, and written communication skills
• Intellectual curiosity, seeking opportunities to develop new skills

What makes you stand out?

• BComm, HBA/MBA, MIR or related degree including significant coursework in finance, economics, statistics, mathematics, human resources (HR) and/or accounting, or equivalent work experience preferred
• Progress towards CHRP, CCP designations

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.

Marsh (NYSE: MRSH) is 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, visit marsh.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, 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 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 [e-mail] 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.The applicable base salary range for this role is $75,500 to $113,500.The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.This is a Replacement position.