Mercer Career Compensation Consulting Analyst

3 weeks ago

Toronto, Canada Mercer Full time

**Who We Are**

We’re Mercer - a global consulting leader in health, wealth and career. Mercer has more than 25,000 colleagues based in 43 countries. We help clients worldwide from small businesses to Fortune 1000 companies advance the health, wealth and performance of their most vital asset - their people.

Mercer’s Career Consulting Team is seeking a Compensation Analyst for our **Toronto** **office starting in **January 2024 or May 2024.**

**About The Career Business?**

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.

**What Can You Expect?**

This position would be working in our Workforce Rewards or Executive Rewards practice. 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. You can also expect 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
- Work with other members of the Career team to develop client recommendations
- Prepare client reports and presentations, including recommendations presented to senior management, HR leaders, boards of directors, and executives

**_ Example projects include: _**
- 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 career architecture including elements such as role profiles and career path tools
- Creating a compensation program for sales positions, including commissions
- Designing and implementing a gender-neutral, pay equity-compliant job evaluation system to determine a company’s internal hierarchy

**What's In It For You?**
- The opportunity to work with some of the brightest and most energetic people in the industry, who will nurture, challenge and enable you
- A dynamic, collaborative and inclusive culture, where diversity is embraced - and you are celebrated and appreciated for who you are
- The chance to make a positive difference in your local community by using your paid time off to volunteer through events organized by Mercer Cares, our community outreach and volunteerism BRG
- A huge variety of virtual learning and development resources to support your personal and professional growth

**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 Spring 2024
- Consulting, business, finance

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