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Mercer

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Mercer Salaries in Mumbai (Updated 2025)

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Salaries by designations

Based on 152 salaries · Updated: 9 Jul 2025
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Designation Avg Annual Salary Open Jobs
7 - 9 years exp. · Mumbai (10 salaries)
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₹10.2 L/yr - ₹14.9 L/yr

6 job openings
3 - 8 years exp. · Mumbai (9 salaries)
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₹20.3 L/yr - ₹28 L/yr

11 - 16 years exp. · Mumbai (8 salaries)
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₹32 L/yr - ₹49 L/yr

4 job openings
4 - 8 years exp. · Mumbai (8 salaries)
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₹5.6 L/yr - ₹12.4 L/yr

5 - 9 years exp. · Mumbai (6 salaries)
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₹5 L/yr - ₹10.9 L/yr

0 - 3 years exp. · Mumbai (6 salaries)
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₹15 L/yr - ₹25 L/yr

4 - 8 years exp. · Mumbai (4 salaries)
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₹7.5 L/yr - ₹10.4 L/yr

1 - 2 years exp. · Mumbai (4 salaries)
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₹6 L/yr - ₹9.3 L/yr

5 - 9 years exp. · Mumbai (3 salaries)
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₹5.8 L/yr - ₹7.2 L/yr

14 - 16 years exp. · Mumbai (3 salaries)
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₹25 L/yr - ₹35 L/yr

3 - 6 years exp. · Mumbai (3 salaries)
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₹6.2 L/yr - ₹13.4 L/yr

13 - 18 years exp. · Mumbai (3 salaries)
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₹12.9 L/yr - ₹20 L/yr

1 job opening
10 years exp. · Mumbai (3 salaries)
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₹17.5 L/yr - ₹28.5 L/yr

20 - 22 years exp. · Mumbai (3 salaries)
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₹40.5 L/yr - ₹51.8 L/yr

2 - 3 years exp. · Mumbai (AmbitionBox Estimate)
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₹5.2 L/yr - ₹6.6 L/yr

6 - 10 years exp. · Mumbai (AmbitionBox Estimate)
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₹8.6 L/yr - ₹13 L/yr

1 job opening
10 years exp. · Mumbai (AmbitionBox Estimate)
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₹9.1 L/yr - ₹15 L/yr

2 years exp. · Mumbai (AmbitionBox Estimate)
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₹3.2 L/yr - ₹7.9 L/yr

4 - 5 years exp. · Mumbai (AmbitionBox Estimate)
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₹23.8 L/yr - ₹30.4 L/yr

8 years exp. · Mumbai (AmbitionBox Estimate)
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₹6.6 L/yr - ₹8.5 L/yr

Latest salaries by Mercer employees

1d ago

Senior Data Analyst

5 years exp.

₹10 Lakhs
2d ago

Investment Consultant

5 years exp.

₹12 Lakhs
2d ago

Service Implementation Manager

10 years exp.

₹17.6 Lakhs
2d ago

Lead Analyst

5 years exp.

₹11 Lakhs
2d ago

Customer Success Manager

7 years exp.

₹16.2 Lakhs
2d ago

Senior HR Specialist

5 years exp.

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2d ago

Associate Director

17 years exp.

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2d ago

Senior Business Consultant

12 years exp.

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2d ago

Senior Analyst

6 years exp.

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2d ago

Implementation Specialist

6 years exp.

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View all latest salaries

Top trending discussions

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Salary Discussions, Hike & Promotions
6d
a full stack developer
No Salary Discussion in My Appraisal — What’s Your Experience?
In my appraisal meeting, they didn’t ask or discuss my expectations about my salary or hike percentage. The entire discussion was only about feedback and performance review. After the meeting, I asked why they didn’t allow me to share my expectations or reveal my hike numbers. They told me that the hike numbers would be decided only by the owner and then they would inform me. I feel an appraisal meeting should include open discussion about both performance and future expectations. What are your thoughts? Does this happen in your company too?
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Salary related reviews for Mercer

3.3

Rated by 27 employees for salary & benefits

Full Time

 · 

BFSI, Investments & Trading Department

3.0
  •  updated on 16 Apr 2023

4.0
 for  Salary and Benefits

Likes

Salary is comparatively higher than other firms.

  • Salary - Good
  • +2 more

Dislikes

Lack of support from manager. Too much favouritism culture exists. Also they have now increased heirarchy which has made way too difficult to reach into a people manager role.

read more
  • Skill development - Poor
  • +3 more

Full Time

 · 

BFSI, Investments & Trading Department

4.0
  •  updated on 22 Mar 2023

3.0
 for  Salary and Benefits

Likes

Working at Mercer has been a rewarding experience. It has a great working culture with no requirement to log-in or log-off at a particular time. Team is young and thus you get the opportunity to learn with the peers and also showcase your strengths. Its a great place to work in the early part of your career.

read more
  • Job security - Excellent
  • +3 more

Dislikes

... is below par, particularly as you get more experience within a particular role. Monetary compensation is average and should improve further to retain the best talent.

read more

Full Time

 · 

BFSI, Investments & Trading Department

5.0
  •  updated 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

Operations Department

4.0
  •  updated on 18 May 2022

2.0
 for  Salary and Benefits

Likes

Work culture, office location and transport facilities.

  • Job security - Good
  • +1 more

Dislikes

EB operation is the worst department to land into, these ppl give you good salary in the beginning, make you feel comfortable and then the real show begins. I have been into EB operations since 6 years and more but thanks to very less or no opportunities plus the management politics that I am still stuck to the same designation that I had started with. The irony is you are being told you are the best but when it come to hikes and promotions the management distances you! they fact is we are being used as a office furniture which has been rented out by the company. To all those reading this please do not get into your comfort zone and stick to a company only if its relevant to you and your growth the rest all is just a illusion.

read more
  • Salary - Poor
  • +3 more

Full Time

 · 

Data Science & Analytics Department

1.0
  •  updated on 26 May 2025

3.0
 for  Salary and Benefits

Likes

Salary was on time, gym and transport facility is available.

Dislikes

Promotion is done on favouritism basis. Nobody listens if any issue occurs with line manager . No support from hr and other higher authorities. It's a female centric company and doesn't cares about male employees who has good knowledge and nobody cares about deserving person. Females who doesn't have any knowledge are being promoted, just bcz their terms with manager are good

read more
  • Skill development - Bad
  • +5 more
see more salary related reviews

Mercer Salary FAQs

How much does Mercer pay to its employees?
The average annual salary at Mercer varies depending on the role, experience, and location. The salary ranges for some popular designations at Mercer, are as follows:

Lead Specialist ₹10.2 Lakhs to ₹14.9 Lakhs per year
Senior Consultant ₹20.3 Lakhs to ₹28 Lakhs per year
Associate Director ₹32 Lakhs to ₹49 Lakhs per year
Senior Specialist ₹5.6 Lakhs to ₹12.4 Lakhs per year

The highest-paying role, Vice President, earns between ₹30 Lakhs to ₹51 Lakhs per year. The top 10% of employees earn more than ₹22.2 Lakhs per year, and the top 1% earn over ₹42 Lakhs per year. 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 salary estimates are based on data from 152 salaries submitted by Mercer employees. Mercer is rated 3.3 out of 5 stars by its employees on the salary and benefits parameter.
What is the salary of a fresher at Mercer in Mumbai?
The salary of a fresher at Mercer in Mumbai typically ranges from ₹1 Lakh to ₹5.8 Lakhs per year.This can vary depending on the role, location, and any additional perks or bonuses offered. For example:
Fresher as a Data Analyst Salary ₹3.5 Lakhs to ₹5.8 Lakhs per year
Fresher as a Compensation and Benefits Analyst Salary ₹3.5 Lakhs to ₹4 Lakhs per year
Fresher as a Senior Actuarial Analyst Salary ₹5 Lakhs to ₹6.5 Lakhs per year
Fresher as a Senior Service Desk Analyst Salary ₹3.2 Lakhs to ₹4.1 Lakhs per year

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Average annual salary in Mercer , Mumbai is INRunlock blur . Salary estimates are based on 100+ Mercer latest salaries received from various employees of Mercer.

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