Compensation Consulting Analyst

Posted One Month Ago
Be an Early Applicant
Tsim Sha Tsui Clock Tower, HKG
In-Office
Junior
Fintech • HR Tech • Insurance • Consulting
The Role
Analyzes client compensation and financial data against market benchmarks using Excel, researches pay practices and public filings, develops peer groups, produces reports and presentations, and supports senior consultants with client seminars and workshops. The role provides entry-level exposure to compensation consulting, reward strategy, incentive design, talent trends, and market data analysis.
Summary Generated by Built In
Company:Mercer

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 day” per week on which their full team will be together in person.

Skills Required

  • University degree in Human Resources, Business Management, or a relevant discipline
  • At least 2 years of relevant experience in management consulting, total rewards, compensation, human resources, or accounting
  • Proficiency with Microsoft Excel
  • Proficiency with Microsoft PowerPoint
  • Ability to manage tight deadlines
  • Proactive approach to work
  • Intellectual curiosity and strong learnability
  • Flexibility working with different senior colleagues and strong teamwork

Marsh McLennan Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Marsh McLennan and has not been reviewed or approved by Marsh McLennan.

  • Leave & Time Off Breadth — Leave offerings are described as generous, including sizable PTO, paid holidays, paid sick days, and additional time off such as paid volunteer time and “Summer days.” These time-off benefits are portrayed as a standout part of the overall rewards package.
  • Healthcare Strength — Healthcare coverage is characterized as comprehensive, spanning medical, dental, and vision options, with additional supports like disability and life insurance and access to mental health resources and an EAP. The breadth of plan options is positioned as a core strength of the benefits package.
  • Retirement Support — Retirement benefits are framed as solid, with 401(k) programs and employer matching frequently highlighted alongside other financial programs. Stock purchase options are also referenced as an additional wealth-building component of the total rewards mix.

Marsh McLennan Insights

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The Company
HQ: New York, NY
78,000 Employees
Year Founded: 1871

What We Do

Marsh McLennan (NYSE: MMC) brings together nearly 78,000 experts in risk, strategy, and people across Marsh, Guy Carpenter, Mercer, and Oliver Wyman, serving clients in over 130 countries. Marsh enables enterprise worldwide by helping clients manage risks, transforming uncertainty into opportunity. Guy Carpenter helps clients grow profitably with reinsurance broking expertise, advisory services, and advanced analytics. Mercer helps organizations advance the health, wealth, and careers of their most vital asset — their people. Oliver Wyman’s expertise in strategy, operations, risk, and organization transformation changes what is possible for our clients, their industries, and society. Together, we combine a unique range of capabilities to help our clients solve problems, seize opportunities, and build lasting success in increasingly complex operating environments.

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