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Mercer Compensation and Benefits Consultant salaries in India

Annual salary range
1 - 14 years exp.
₹3.1 Lakhs - ₹20.6 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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21% less than the average Compensation and Benefits Consultant Salary in Management Consulting Companies for 1 - 14 years of experience

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Salaries in different departments

Human Resources
Compensation and Benefits Consultant Salary
5 - 12 years exp. (4 salaries)
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₹8.5 L/yr - ₹15.1 L/yr

Finance & Accounting
Compensation and Benefits Consultant Salary
1 year exp. (AmbitionBox Estimate)
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₹2.7 L/yr - ₹3.3 L/yr

Last Updated: 15 Mar 2023

Compensation and Benefits Consultant salary at Mercer ranges between ₹3.1 Lakhs to ₹20.6 Lakhs per year for employees with experience between 1 year to 14 years. Salary estimates are based on 7 latest salaries received from various employees of Mercer.

Latest annual salaries shared by Mercer Compensation and Benefits Consultant

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1 year exp.
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5 years exp.
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12 years exp.
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6 years exp.
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9 years exp.
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13 years exp.
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14 years exp.

Experience wise Mercer Compensation and Benefits Consultant salaries

Last Updated: 15 Mar 2023

Experience Avg Annual Salary
1 year (AmbitionBox Estimate)

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₹3 L/yr - ₹5.5 L/yr
2 years (AmbitionBox Estimate)

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₹3.9 L/yr - ₹5 L/yr
3 years (AmbitionBox Estimate)

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₹5.1 L/yr - ₹6.5 L/yr
4 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹8 L/yr
5 years (AmbitionBox Estimate)

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₹3.3 L/yr - ₹8.5 L/yr
View all

Similar Designation salaries in Mercer

Administration Executive Salary
(AmbitionBox Estimate)
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₹4.7 L/yr - ₹6 L/yr
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₹2.45 L/yr - ₹8 L/yr
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₹4.8 L/yr - ₹9.43 L/yr
Manager HRD Salary
(AmbitionBox Estimate)
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₹66.5 L/yr - ₹73.5 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

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

 · 

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

Full Time

 · 

Sales & Business Development Department

3.0
  •  posted on 08 Aug 2023

1.0
 for  Salary and Benefits

Likes

Likes - Work Life Balance, Young Team

  • Work-life balance - Good

Dislikes

Dislikes - Sexist management, Heavy Politics, Office Culture, Learning becomes stagnant, Low Salary, No Benefits, Super strict work hours, basically this place is an extension of school, you won't feel like you're in corporate now.

read more
  • Salary - Bad
  • +4 more
see more salary related reviews

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Mercer Compensation and Benefits Consultant Salary FAQs

What is the salary of Compensation and Benefits Consultant at Mercer ?
The average salary of a Compensation and Benefits Consultant at Mercer in India typically ranges from ₹3.1 Lakhs to ₹20.6 Lakhs per year, depending on experience (from 1 year to 14 years).

The top 10% of Compensation and Benefits Consultant at Mercer earn more than ₹20.6 Lakhs per year, and the top 1% earn over ₹21.0 Lakhs per year. Compensation and Benefits Consultant 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 7 Mercer employees in India.
What is the estimated take home salary of a Compensation and Benefits Consultant at Mercer in India?
The estimated take-home salary of a Compensation and Benefits Consultant at Mercer in India typically ranges from ₹82,151 to ₹84,295 per month. This is based on the average salary range of ₹3.1 Lakhs to ₹20.6 Lakhs per year for employees with experience ranging from 1 year to 14 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 7 salaries received from various employees of Mercer. Check how we calculate in-hand salary with our in-hand salary calculator.
How the salary growth look like for a Compensation and Benefits Consultant at Mercer in India?
The salary growth for a Compensation and Benefits Consultant at Mercer depends on factors such as experience, performance, and promotions. On average, a Compensation and Benefits Consultant can expect the following growth trajectory at Mercer:

Experience Average Salary Range
1 year ₹3.0 Lakhs to ₹5.5 Lakhs per year
2 years ₹3.9 Lakhs to ₹5.0 Lakhs per year
3 years ₹5.1 Lakhs to ₹6.5 Lakhs per year
4 years ₹6.3 Lakhs to ₹8.0 Lakhs per year
and so on.

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Mercer Compensation and Benefits Consultant salary in India ranges between ₹3.1 Lakhs to ₹20.6 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 7 Mercer latest salaries received from various employees of Mercer.