Principal Rewards Consultant

Join to apply for the Principal Rewards Consultant role at MercerWe are seeking a talented individual to join our Career Consulting team at Mercer. This role will be based in [Office Location] and offers a hybrid work arrangement, requiring a minimum of three days per week in the office or with clients.As a Principal consultant, you will lead delivery of large‑scale projects, coach team members, and solve complex compensation challenges. In addition, you will support the business development process. This is a great opportunity to partner with senior management and HR leaders to develop and deliver compensation strategies that attract, retain, and motivate talent.What you will doStructure, direct, review, and interpret analyses performed by project teams.Develop compensation strategies, philosophies, and programs that address clients’ attraction and retention needs.Provide consulting services to senior management on compensation issues including pay strategy (structure and competitiveness), job architecture design, and digital activation of these designs.Manage day‑to‑day client interactions, building and maintaining strong relationships.Provide guidance and oversight to junior team members, supporting their development and ensuring quality deliverables.Generate revenue by developing new client relationships, extending existing engagements, and identifying cross‑selling opportunities.What you need to haveBachelor’s degree in Business, Human Resources, Finance, or a related field.Extensive (8+) years of experience in compensation consulting or related HR advisory roles, with demonstrated subject matter expertise.Proven ability to manage multiple large‑scale projects and complex client engagements.Deep knowledge of compensation strategy, compensation‑related technology, incentive plan design, market analysis methodologies, and regulatory compliance.Strong client relationship management skills with experience advising senior executives.Excellent communication, presentation, and leadership skills.Proficiency in Microsoft Office, especially Excel and PowerPoint.Intellectual curiosity and a proactive approach to problem‑solving and coaching.What makes you stand outExperience leading engagements for global organizations with complex compensation challenges.Demonstrated success in leading or supporting business development activities.Advanced analytical skills and familiarity with compensation management tools, survey management tools, and AI‑enabled compensation agents.Demonstrated leadership in developing innovative solutions and thought leadership content.Why join MercerProfessional development opportunities and supportive leadership to help you grow.A vibrant, inclusive culture where you can collaborate with talented colleagues.A broad range of career opportunities and comprehensive benefits to support your well‑being.A flexible hybrid work model balancing remote work with in‑office collaboration.Marsh McLennan is committed to embracing 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, veteran status (including protected veterans), or any other characteristic protected by applicable law. If you have a need that requires accommodation, please let us know by contacting reasonableaccommodations@mmc.com. #J-18808-Ljbffr