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Mercer Benefits Specialist salaries in India (Updated 2025)

Annual salary range
4 - 7 years exp.
₹5.1 Lakhs - ₹6.6 Lakhs
Low Confidence
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Low confidence means that this average salary is based on data that was reported by very few people.
Salary of majority employees
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43% more than the average Benefits Specialist Salary in Management Consulting Companies for 4 - 7 years of experience

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Last Updated: 8 Jan 2025

Companies similar to Mercer for Benefits Specialist

Company name Avg Annual Salary Open Jobs
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Wipro Benefits Specialist Salary

0 - 2 years exp. (8 salaries)

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₹2.5 L/yr - ₹4 L/yr

arrow icon 45% less
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Dayforce Benefits Specialist Salary

2 - 6 years exp. (5 salaries)

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₹3.3 L/yr - ₹7.8 L/yr

arrow icon 6% less
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Ceridian Benefits Specialist Salary

0 - 2 years exp. (5 salaries)

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₹3 L/yr - ₹3.3 L/yr

arrow icon 47% less
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Mphasis Benefits Specialist Salary

1 - 3 years exp. (4 salaries)

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₹4 L/yr - ₹5 L/yr

arrow icon 24% less
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Nokia Benefits Specialist Salary

7 - 9 years exp. (3 salaries)

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₹10 L/yr - ₹12 L/yr

arrow icon 83% more
Benefits Specialist salary at Mercer ranges between ₹5.1 Lakhs to ₹6.6 Lakhs per year for employees with experience between 4 years to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Mercer.

Latest annual salaries shared by Mercer Benefits Specialist

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7 years exp.
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5 years exp.
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4 years exp.
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6 years exp.

Experience wise Mercer Benefits Specialist salaries

Last Updated: 8 Jan 2025

Experience Avg Annual Salary
4 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
5 years (AmbitionBox Estimate)

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₹5.9 L/yr - ₹7.6 L/yr
6 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr
7 years (AmbitionBox Estimate)

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₹4.5 L/yr - ₹5.8 L/yr

Similar Designation salaries in Mercer

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₹2.45 L/yr - ₹8 L/yr
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₹4.8 L/yr - ₹9.43 L/yr
Team Lead Salary
(52 salaries)
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₹4.9 L/yr - ₹18.48 L/yr
Deputy Manager Salary
(26 salaries)
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₹5.1 L/yr - ₹15.89 L/yr
Manager HRD Salary
(AmbitionBox Estimate)
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₹66.5 L/yr - ₹73.5 L/yr
Administration Executive Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr

Salary related reviews for Mercer

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  posted on 11 Feb 2023

1.0
 for  Salary and Benefits

Likes

Company values and people centric organisation. Care a lot about people

  • Job security - Good

Dislikes

Perks and Salary benefits are not good. Management is biased and runs around few people. Poor skill development, quality of work is very low.

read more
  • Salary - Bad
  • +3 more

Full Time

 · 

Finance & Accounting Department

1.0
  •  posted on 06 Feb 2025

2.0
 for  Salary and Benefits

Likes

Decent work life balance. Free transport and food (credits provided in app for each day you come to office) Like a government company, it has good job security. Multiple people here with 10+ years on the job.

read more
  • Job security - Excellent
  • +1 more

Dislikes

... after joining because job description gives a false sense of high quality work. Below average salary. Unusually high level of corporate politics and favouritism atleast in investment team. Attendance taken everyday like in school. People with lot of experience in this firm are actually stuck here because they never got their skills developed (copy paste doesn't require any skills) so firm hires them. Also, managers are absolutely incompetent. Also, 3 MONTH NOTICE period to curb attrition.

read more
  • Salary - Poor
  • +4 more

Full Time

 · 

Project & Program Management Department

1.0
  •  posted on 04 Feb 2025

2.0
 for  Salary and Benefits

Likes

- The company campus is fantastic. - The salary structure ensures a good in-hand - A substantial PF deduction helps in building strong savings

read more

Dislikes

- Leadership is dominated by long tenured employees, (~70 percent of the workforce), making it nearly impossible for new employees to bring fresh ideas. - New hires rarely last more than 3 years- They are either pushed out or struggle to sustain in a culture that favors old guards. - Instead of fixing core management issues, leadership constantly reshuffles employees while keeping themselves untouched - Major decisions , including layoffs, happen behind close doors with little to no communication. - The organization reacts to problems instead of planning ahead, leading to instability and constant restructuring. - Employees are left in the dark about long-term strategies, making career planning uncertain. - Performance evaluations are inconsistent and politically influenced , hard work often goes unnoticed unless you are part of leadership's inner circle. - Promotions are rare and not on merit, leading to stagnation and high attrition. - The company discourages innovation, despite having an "portal"- most suggestions gets ignored and later rebranded as leadership's own. - Despite claiming to encourage teamwork, department operates in silos, making cross-functional work frustrating - Internal knowledge-sharing initiatives lacks depth and practical value, existing mostly for optics. - HR protects leadership rather than advocating employees, making it difficult to raise concerns. - Exit interviews mere formality, with no real attempt to address systemic issues - Rigid work policies, employees are forced to commute multiple times a week on different leadership locations. - New employees planning to join Organization should be clear on this trap before making any decision

read more
  • Salary - Poor
  • +6 more

Full Time

 · 

Customer Success, Service & Operations Department

4.0
  •  posted on 26 Jan 2025

4.0
 for  Salary and Benefits

Likes

...ization for learning new things, good environment, helpful employer n employees. Salary depends how hard work are you. Shift timing 8 to 5 which is very good. 5 days working. You will give proper time to your family. Breakfast, lunch and dinner is provided to everyone which is also good.

read more
  • Salary - Good
  • +6 more

Dislikes

No dislike.

Full Time

 · 

ANZ Department

4.0
  •  posted on 20 Dec 2024

2.0
 for  Salary and Benefits

Likes

Work life balance and all the other facilities they provide like cab, leaves, medical benefits etc are totally awesome

  • Job security - Excellent
  • +1 more

Dislikes

Salary, promotions and appraisal are the areas wherein they need to work...also internal job postings should be more transparent.

read more
  • Salary - Poor
  • +2 more
see more salary related reviews

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Mercer Benefits Specialist Salary FAQs

What is the salary of Benefits Specialist at Mercer ?
The average salary of a Benefits Specialist at Mercer in India typically ranges from ₹5.1 Lakhs to ₹6.6 Lakhs per year, depending on experience (from 4 years to 7 years).

The top 10% of Benefits Specialist at Mercer earn more than ₹6.6 Lakhs per year, and the top 1% earn over ₹6.6 Lakhs per year. Benefits Specialist Salaries at Mercer can be higher or lower depending on factors such as the specific team, level of experience, and additional benefits like bonuses and stock options.

These estimates are based on salary data submitted by 4 Mercer employees in India.
What is the estimated take home salary of a Benefits Specialist at Mercer in India?
The estimated take-home salary of a Benefits Specialist at Mercer in India typically ranges from ₹44,211 to ₹45,314 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹6.6 Lakhs per year for employees with experience ranging from 4 years to 7 years.The take-home salary is calculated after accounting for standard deductions such as taxes, provident fund (PF), and insurance. Salary estimates are based on 4 salaries received from various employees of Mercer. Check how we calculate in-hand salary with our in-hand salary calculator.
Which companies offer higher salaries than Mercer for Benefits Specialist in India?
Nokia ₹10.0 Lakhs to ₹12.0 Lakhs per year

These companies are known for offering competitive compensation packages that can exceed the salary offered by Mercer, depending on the role and experience level.
What is the salary of a Benefits Specialist in companies similar to Mercer in India?
The salary of a Benefits Specialist at companies similar to Mercer in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Dayforce ₹3.3 Lakhs to ₹7.8 Lakhs per year
Mphasis ₹4.0 Lakhs to ₹5.0 Lakhs per year
Wipro ₹2.5 Lakhs to ₹4.0 Lakhs per year
Ceridian ₹3.0 Lakhs to ₹3.3 Lakhs per year

These companies, which operate in similar sectors, offer competitive salaries, although the range can vary based on the company and individual experience levels.
How the salary growth look like for a Benefits Specialist at Mercer in India?
The salary growth for a Benefits Specialist at Mercer depends on factors such as experience, performance, and promotions. On average, a Benefits Specialist can expect the following growth trajectory at Mercer:

Experience Average Salary Range
4 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
5 years ₹5.9 Lakhs to ₹7.6 Lakhs per year
6 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
7 years ₹4.5 Lakhs to ₹5.8 Lakhs per year
and so on.

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Mercer Benefits Specialist salary in India ranges between ₹5.1 Lakhs to ₹6.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 4 Mercer latest salaries received from various employees of Mercer.