Mercer Compensation Consultant Salaries by 4 Employees (Updated 2025)

1 - 7 years exp.

₹17 Lakhs - ₹19 Lakhs

Low Confidence

Salary of majority employees

14% more than the average Compensation Consultant Salary in Management Consulting Companies for 1 - 7 years of experience

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Salaries in different departments

Human Resources Compensation Consultant Salary 3 years exp. (AmbitionBox Estimate)	₹17.1 L/yr - ₹20.9 L/yr
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Consulting Compensation Consultant Salary 7 years exp. (AmbitionBox Estimate)	₹15.3 L/yr - ₹18.7 L/yr

Last Updated: 20 Jan 2025

Companies similar to Mercer for Compensation Consultant

Company name	Avg Annual Salary	Open Jobs
Aon Compensation Consultant Salary 0 - 4 years exp. (3 salaries)	₹4 L/yr - ₹15 L/yr 52% less
Amazon Compensation Consultant Salary 7 - 12 years exp. (3 salaries)	₹14.5 L/yr - ₹50 L/yr 112% more	1 job opening
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Cloud Brisk Compensation Consultant Salary 1 - 3 years exp. (3 salaries)	₹3 L/yr - ₹4 L/yr 80% less
VMware Software Compensation Consultant Salary 9 - 10 years exp. (3 salaries)	₹48 L/yr - ₹51 L/yr 177% more
Cargill Compensation Consultant Salary 20 - 25 years exp. (3 salaries)	₹60 L/yr - ₹64 L/yr 248% more

Compensation Consultant salary at Mercer ranges between ₹17 Lakhs to ₹19 Lakhs per year for employees with experience between 1 year to 7 years. Salary estimates are based on 4 latest salaries received from various employees of Mercer.

Experience wise Mercer Compensation Consultant salaries

Last Updated: 20 Jan 2025

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹7.6 L/yr - ₹19 L/yr
2 years (AmbitionBox Estimate)	₹16.8 L/yr - ₹21.5 L/yr
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3 years (AmbitionBox Estimate)	₹17.6 L/yr - ₹19 L/yr
4 years (AmbitionBox Estimate)	₹16.2 L/yr - ₹20.7 L/yr
5 years (AmbitionBox Estimate)	₹15.9 L/yr - ₹20.4 L/yr
6 years (AmbitionBox Estimate)	₹15.7 L/yr - ₹20 L/yr
7 years (AmbitionBox Estimate)	₹17 L/yr - ₹30.7 L/yr

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Salary related reviews for Mercer

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

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Salary Discussions, Hike & Promotions

1w (edited)

an associate vice president

Offer Accepted

I was getting 15.2 LPA in my previous org and now i am being offered 29.5 LPA but the designation is 1 position lower than what i was in my previous org. Should i go ahead with the offer or still negotiate on designation. Protip : i was laid off in my previous org.

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Mercer Compensation Consultant Salary FAQs

What is the salary of Compensation Consultant at Mercer?

Compensation Consultant salary at Mercer in India ranges between ₹17.0 Lakhs to ₹19.0 Lakhs for experience between 1 years to 7 years. According to our estimates it is 14% more than the average Compensation Consultant Salary in India. Salary estimates are based on 4 latest salaries received from various employees of Mercer India.

How does the salary of a Compensation Consultant at Mercer India compare with the average salary range for this job?

The average salary of a Compensation Consultant at Mercer is 14% more than the average salary of a Compensation Consultant in India. To know exact salary insights, login to view.

Which similar companies are paying more than Mercer to a Compensation Consultant in India?

Cargill Compensation Consultant Salary - ₹60.0 Lakhs to ₹64.0 Lakhs per year
VMware Software Compensation Consultant Salary - ₹48.0 Lakhs to ₹51.0 Lakhs per year
Amazon Compensation Consultant Salary - ₹14.5 Lakhs to ₹50.0 Lakhs per year

What is the salary of a Compensation Consultant in companies similar to Mercer in India?

Aon Compensation Consultant Salary - ₹4.0 Lakhs to ₹15.0 Lakhs per year
Cloud Brisk Compensation Consultant Salary - ₹3.0 Lakhs to ₹4.0 Lakhs per year

What is the estimated take home salary of a Compensation Consultant at Mercer in India?

The estimated take-home salary of a Compensation Consultant at Mercer ranges between ₹1,21,220 per month to ₹1,24,640 per month in India. The take-home salary calculation is based on the average Mercer Compensation Consultant salary in India which ranges between ₹17.0 Lakhs to ₹19.0 Lakhs per year for employees with experience between 1 years to 7 years. Check how did we calculate take home salary?

What is the notice period for Compensation Consultant at Mercer?

According to AmbitionBox, 50% of the Mercer Compensation Consultants reported a notice period of 2 Months, 50% reported a notice period of 3 Months.This is based on 2 responses on AmbitionBox in last 2 years.

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Mercer Compensation Consultant Salaries

Mercer Compensation Consultant salary in India ranges between ₹17 Lakhs to ₹19 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mercer latest salaries received from various employees of Mercer.