Mercer Compensation and Benefits Specialist Salaries by 5 Employees (Updated 2025)

2 - 6 years exp.

₹5.1 Lakhs - ₹6.3 Lakhs

Low Confidence

Avg. annual salary

Monthly In-hand Salary

48% less than the average Compensation and Benefits Specialist Salary in Management Consulting Companies for 2 - 6 years of experience

Interested in this particular role?

Salaries in different departments

Human Resources Compensation and Benefits Specialist Salary 2 - 5 years exp. (3 salaries)	₹5.1 L/yr - ₹5.9 L/yr
BFSI, Investments & Trading Compensation and Benefits Specialist Salary 6 years exp. (AmbitionBox Estimate)	₹5.6 L/yr - ₹6.9 L/yr
Login to view exact salary
Data Science & Analytics Compensation and Benefits Specialist Salary 3 years exp. (AmbitionBox Estimate)	₹5.4 L/yr - ₹6.6 L/yr

Last Updated: 22 Mar 2025

Companies similar to Mercer for Compensation and Benefits Specialist

Company name	Avg Annual Salary	Open Jobs
McKinsey & Company Compensation and Benefits Specialist Salary 8 - 12 years exp. (3 salaries)	₹26 L/yr - ₹34 L/yr 456% more
ABB Compensation and Benefits Specialist Salary 2 - 6 years exp. (8 salaries)	₹4 L/yr - ₹9.2 L/yr 31% more
Login to view exact salary
TCS Compensation and Benefits Specialist Salary 3 - 10 years exp. (7 salaries)	₹5.1 L/yr - ₹16 L/yr 87% more
Accenture Compensation and Benefits Specialist Salary 5 - 10 years exp. (5 salaries)	₹17 L/yr - ₹25 L/yr 276% more
FedEx Express Compensation and Benefits Specialist Salary 7 - 10 years exp. (5 salaries)	₹9.5 L/yr - ₹13.3 L/yr 112% more

Compensation and Benefits Specialist salary at Mercer ranges between ₹5.1 Lakhs to ₹6.3 Lakhs per year for employees with experience between 2 years to 6 years. Salary estimates are based on 5 latest salaries received from various employees of Mercer.

Experience wise Mercer Compensation and Benefits Specialist salaries

Last Updated: 22 Mar 2025

Experience	Avg Annual Salary
2 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹9.1 L/yr
3 years (AmbitionBox Estimate)	₹2.1 L/yr - ₹6 L/yr
Login to view exact salary
4 years (AmbitionBox Estimate)	₹5.1 L/yr - ₹6.5 L/yr
5 years (AmbitionBox Estimate)	₹5.9 L/yr - ₹10.6 L/yr
6 years (AmbitionBox Estimate)	₹2.5 L/yr - ₹6.3 L/yr

Similar Designation salaries in Mercer

Compensation Analyst Salary

(10 salaries)

₹5 L/yr - ₹10 L/yr

Total Rewards Specialist Salary

(AmbitionBox Estimate)

₹34.2 L/yr - ₹43.7 L/yr

Payroll Specialist Salary

(10 salaries)

₹5.5 L/yr - ₹8 L/yr

Senior Analyst Salary

(1.1k salaries)

₹1.9 L/yr - ₹8 L/yr

Senior Associate Salary

(65 salaries)

₹2.45 L/yr - ₹8 L/yr

Senior Consultant Salary

(47 salaries)

₹14.3 L/yr - ₹28.83 L/yr

Senior Payroll Executive Salary

(AmbitionBox Estimate)

₹6.2 L/yr - ₹7.9 L/yr

Payroll Analyst Salary

(5 salaries)

₹5.5 L/yr - ₹6.74 L/yr

Payroll Executive Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Accountant Salary

(7 salaries)

₹3.8 L/yr - ₹7.35 L/yr

Salary related reviews for Mercer

1.0

Rated by 2 employees for salary & benefits

Senior Analyst in Pune

Full Time

Customer Success, Service & Operations Department

2.0

• posted on 14 Sep 2022

1.0

for Salary and Benefits

Likes

Not good company

Dislikes

There is a lot of politics and the management doesn’t address our issues. Salary is decent but career growth is slow. they only looking for business. Not transpercy in progress report and other things. Very pathetic company. The employee which is senior they not increase there package but the employee which is new hire they gives good package as compared to Senior once.

Salary - Bad

+4 more

Deputy Manager in Mumbai

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.

Salary - Bad

+3 more

Senior Analyst in Noida

Full Time

Finance & Accounting Department

4.0

• posted on 20 Mar 2018

4.0

for Salary and Benefits

Likes

...h corporate standards which will help a new employees to sharpen his/her skills.Compensation is also good as compared to other companies.Friendly ambience with right work life balance.

Salary - Good

+4 more

Dislikes

Nothing to discuss but growth opportunities should be made better.

Senior Analyst in Gurgaon / Gurugram

BFSI, Investments & Trading Department

4.0

• posted on 12 Aug 2021

4.0

for Salary and Benefits

Likes

Infrastructure is good leaves are good they do not deduct money for leaves of absent salary is on time, interaction with onshore team . This company is very good for married people.

Salary - Good

+6 more

Dislikes

Incentives policy change quatorly to annually You will get as per performance if you are leaving company before December you are not eligible to get incentives amount.company is good but peoples are not good. senior employees rules like college if you cannot learn things quickly they will past a negative comments just on your face,and also pass negativity about you to your manager without your knowledge but some teams are very good supportive and helpful .but in my team they made me cried for 2 times in the office and many times mood off. But if you are a person who can fight back at an cost this place is good for you.

Senior Analyst in Gurgaon / Gurugram

Wealth Department

3.0

• posted on 22 Apr 2019

3.0

for Salary and Benefits

Likes

Good part is providing cabs for both side, providing 3 times meal facility. Comfortable job and job timing. Great environment only for womens.

Job security - Good

Dislikes

...here is no aprreciation of work and there is poor self Development / Learning. Bonus and benefits depends on your rating which is poor, also Quaterly incentive.

Skill development - Poor

+1 more

see more salary related reviews

Discover interview dos and don'ts from real experiences

Top trending discussions

View All

Salary Discussions, Hike & Promotions

My current CTC is ₹7,80,660, which includes a ₹1,32,000 night shift allowance, and my monthly take-home pay is ₹72,133. I have received a new job offer with a CTC of ₹10,67,231, a monthly take-home pay of ₹83,333, and 192 restricted stock units (each valued at $60, vesting 25% after one year and quarterly thereafter). This new position is closer to my home and does not involve night shifts. The offer letter is attached. I have also requested a ₹95,000 monthly salary increase and am awaiting their response. Could someone advise me on whether I should accept the new offer or remain in my current role?

Got a question about Mercer?

Ask anonymously on communities.

Mercer Compensation and Benefits Specialist Salary FAQs

What is the salary of Compensation and Benefits Specialist at Mercer ?

The average salary of a Compensation and Benefits Specialist at Mercer in India typically ranges from ₹5.1 Lakhs to ₹6.3 Lakhs per year, depending on experience (from 2 years to 6 years).

The top 10% of Compensation and Benefits Specialist at Mercer earn more than ₹6.3 Lakhs per year, and the top 1% earn over ₹6.3 Lakhs per year. Compensation and 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 5 Mercer employees in India.

What is the estimated take home salary of a Compensation and Benefits Specialist at Mercer in India?

The estimated take-home salary of a Compensation and Benefits Specialist at Mercer in India typically ranges from ₹42,633 to ₹43,759 per month. This is based on the average salary range of ₹5.1 Lakhs to ₹6.3 Lakhs per year for employees with experience ranging from 2 years to 6 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 5 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 Compensation and Benefits Specialist in India?

McKinsey & Company	₹26.0 Lakhs to ₹34.0 Lakhs per year
Accenture	₹17.0 Lakhs to ₹25.0 Lakhs per year
FedEx Express	₹9.5 Lakhs to ₹13.3 Lakhs per year
TCS	₹5.1 Lakhs to ₹16.0 Lakhs per year
ABB	₹4.0 Lakhs to ₹9.2 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.

How the salary growth look like for a Compensation and Benefits Specialist at Mercer in India?

The salary growth for a Compensation and Benefits Specialist at Mercer depends on factors such as experience, performance, and promotions. On average, a Compensation and Benefits Specialist can expect the following growth trajectory at Mercer:

Experience	Average Salary Range
2 years	₹5.1 Lakhs to ₹9.1 Lakhs per year
3 years	₹2.1 Lakhs to ₹6.0 Lakhs per year
4 years	₹5.1 Lakhs to ₹6.5 Lakhs per year
5 years	₹5.9 Lakhs to ₹10.6 Lakhs per year

and so on.

Tell us how to improve this page.

Home >
Salaries >
Mercer Salaries >
Mercer Compensation and Benefits Specialist Salaries

Mercer Compensation and Benefits Specialist salary in India ranges between ₹5.1 Lakhs to ₹6.3 Lakhs with an average annual salary of ₹. Salary estimates are based on 5 Mercer latest salaries received from various employees of Mercer.