Senior Executive Compensation Consultant
3 months ago
Mercer's Compensation consulting practice works with a wide range of clients to design and implement broad-based and executive rewards programs to help attract and retain talent. We do this by understanding our clients' unique strategies, capabilities, and company cultures; and applying our design and analytical skills and in-depth knowledge of global market practices to deliver effective results.
Mercer is seeking qualified candidates for the following position based in our Chicago office:
Senior Executive Compensation Consultant
What can you expect?
- Supporting companies in the design and execution of performance measurement and reward strategies that reinforce business objectives
- Working with organizations to identify the financial and people factors that drive value, and providing expert, research-driven advice on executive compensation to drive business performance; you will design financial performance measurement and target-setting systems to support these reward and compensation programs
- Providing consulting services to Compensation Committees and/or senior management on a variety of remuneration issues, including competitiveness of pay and benefits, performance measurement, and governance and regulatory implications
What's in it for you?
- A company with a strong brand, with experience developing solutions for today's and tomorrow's toughest challenges
- A culture of internal mobility, diversity, inclusion, and collaboration
- The opportunity to contribute intellectual capital and leadership as part of THE global leader in human resources consulting
- Competitive pay and a full benefits package, starting Day 1 (Medical, Dental, Vision, Short- and Long-Term Disability and Life Insurance, Employee Stock Purchase program, and a generous paid time-off allowance); plus a 401k with a fixed company contribution AND a company match, after one year of service
We will count on you to:
- Develop executive compensation strategies, philosophies, and programs that address clients' attraction and retention needs; and design short- and long-term incentive programs that reinforce the clients' strategic objectives; design financial performance measurement and target-setting systems to support executive compensation programs
- Structure, direct, review, and interpret analyses performed by the project team, and mentor and guide junior team members
- Create and review client deliverables
- Generate revenue through development of new client relationships and building and maintaining strong client relationships
- Provide consulting services on broader Human Capital issues and/or market trends
What you need to have:
- Bachelor's degree required
- At least 10 years' relevant work experience in human resources consulting (with specific experience in executive compensation) with a professional services firm
- Experience consulting with leading public and private companies in a variety of industries on executive compensation strategy development, competitive pay evaluation, pay/performance links, incentive program design (annual and long-term), equity strategy, change in control planning, mergers and acquisitions, board compensation, and other related issues
- Business development experience
- Excellent analytical, writing, and presentation skills; solid finance and accounting skills; and proven project management experience
What makes you stand out:
- MBA degree
- At least 5 years' executive compensation/rewards strategies experience (i.e., Board of Directors level)
- Proven sales ability in recognizing sales opportunities and closing the deal
Mercer believes in building brighter futures by redefining the world of work, reshaping retirement and investment outcomes, and unlocking real health and well-being. Mercer's approximately 25,000 employees are based in 43 countries and the firm operates in over 130 countries. Mercer is a business of Marsh McLennan (NYSE: MMC), the world's leading professional services firm in the areas of risk, strategy and people, with 85,000 colleagues and annual revenue of over $20 billion. Through its market-leading businesses including Marsh, Guy Carpenter and Oliver Wyman, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment. For more information, visit Follow Mercer on LinkedIn and Twitter.
Marsh McLennan and its Affiliates are EOE Minority/Female/Disability/Vet/Sexual Orientation/Gender Identity employers.
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