Senior Compensation Consultant

1 week ago

Old Toronto, Canada Marsh & McLennan Companies Full time
Senior Compensation Consultant

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

Mercer's Career Consulting business helps our clients around the world engage their talent to drive business performance. 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, workforce analytics, and provincial and federal pay equity.

As a Senior Compensation Consultant, you will partner with board members, top-level executives, and HR leaders to optimize business performance through strategies that enable organizations to better manage, reward, and engage their people. You will work with a premier client base consisting of large complex Canadian and global organizations and have the opportunity 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 to:

  • 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.
  • Experience conducting provincial and/or federal pay equity work.
  • Involvement in the design and application of job evaluation and/or job classification systems.
  • 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.
  • Executive compensation benchmarking for publicly traded organizations.
  • Developing a base salary and bonus program for non-executive employees.
  • Creating role profiles and career path tools.

What you need to have:

  • Minimum 5 years of relevant work experience including hands-on participation on Pay Equity work.
  • Experience in management consulting, total rewards, compensation, finance, human resources or accounting.
  • 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 degrees, e.g., finance, economics, statistics, mathematics, engineering, human resources (HR) and/or accounting, or equivalent work experience.

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, 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.

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