Analyst - Compensation Consulting / Reward Strategy

Mercer; Hong Kong; Hybrid; HKD 240,000 - 320,000; Full time

Job summary

Mercer in Hong Kong seeks a Compensation Consulting Analyst to join the Career Consulting team. The role is based in Hong Kong and requires a hybrid setup with at least three days in the office weekly.

The successful candidate will analyze compensation data, benchmark market data, and assist in client presentations under supervision, leveraging Excel and Mercer tools. Growth opportunities and professional development are highlighted.

Qualifications

• University graduates in HR/Business or related discipline.
• 2+ years of relevant work experience in management consulting, total rewards, compensation, HR or accounting preferred.
• Proactive at work and able to meet tight deadlines.
• Intellectually curious with high learnability.
• Flexible in working with different seniors and strong team spirit.
• Proficient with Excel and PowerPoint.

Responsibilities

• Analyze clients' financial and compensation data versus market using Excel modelling under supervision.
• Create exhibits to compare market data to client data.
• Understand talent management trends, pay practices and client policies.
• Research public filings; develop peer groups; use Mercer in-house tools to run reports and extract market data.
• Prepare client presentations/reports using Excel data and PowerPoint for review by senior consultants.
• Support seminar/workshop tasks under close supervision of senior consultants.

Skills

Excel

PowerPoint

Analytical skills

Teamwork

Time management

Education

Bachelor's degree (HR/Business)

Tools

Mercer in-house software

Job description

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

What can you expect?

• Compensation consultants work with a wide range of clients to help them develop and implement reward programs for their employees, providing expert advice on pay philosophy, reward strategy, incentive design, market trends, regulations and best practices.
• Drawing on global research and rigorous analysis, compensation consultants equip clients with guidance, knowledge, tools and support to ensure their reward programs reinforce their strategic objectives.
• As an entry-level individual contributor, a Compensation Consulting Analyst is ready to apply the knowledge acquired via an advanced education and to start to develop professional skills with the help of a manager and more experienced team members.

We will count on you to:

• Under direct supervision analyse clients' financial and compensation data versus market utilising excel modelling skills.
• Work with colleagues to ensure market data are reasonable and client specifications are met, and complete revisions as necessary. Create exhibits to compare market compensation data to client compensation data.
• Understand talent management trends, pay practices and policies for a particular client and within the broader marketplace.
• Research public filings to gather financial data, develop peer groups to analyse client data and uses Mercer's in house technology to run reports and extract market data to use in production of analysis. May also research other areas to solicit knowledge at the request of senior consultants.
• Assist in preparing client presentations/ reports by using excel data and PowerPoint for review by more senior consultants.
• Support seminar/workshop tasks when necessary under close supervision of more senior consultants.

What you need to have:

• University graduates major in Human Resources, Business Management or relevant discipline
• 2+ years of relevant work experience in management consulting, total rewards, compensation, human resources or accounting preferred.
• Proactive at work and able to manage tight deadlines
• Intellectually curious with high learnability
• Flexible in working with different seniors and demonstrate a strong team spirit
• Proficient skills with Excel and PowerPoint

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 creating 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.

Marsh 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" per week on which their full team will be together in person.