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Mercer Payroll Specialist salaries in India (Updated 2025)

Annual salary range
3 - 9 years exp.
₹5.5 Lakhs - ₹8 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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Fixed (92%)
₹6.1 Lakhs
Variable (8%)
₹0.5 Lakh
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19% more than the average Payroll Specialist Salary in Management Consulting Companies for 3 - 9 years of experience

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Salaries in different departments

Human Resources
Payroll Specialist Salary
3 - 9 years exp. (5 salaries)
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₹5.5 L/yr - ₹7.4 L/yr

Finance & Accounting
Payroll Specialist Salary
4 - 5 years exp. (3 salaries)
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₹6.6 L/yr - ₹8 L/yr

Customer Success, Service & Operations
Payroll Specialist Salary
8 - 9 years exp. (AmbitionBox Estimate)
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₹5.7 L/yr - ₹6.6 L/yr

Last Updated: 18 Mar 2025

Companies similar to Mercer for Payroll Specialist

Company name Avg Annual Salary Open Jobs
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Deloitte Payroll Specialist Salary

3 - 12 years exp. (6 salaries)

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₹5.2 L/yr - ₹12 L/yr

arrow icon 43% more
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Ernst & Young Payroll Specialist Salary

3 - 10 years exp. (5 salaries)

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₹5.5 L/yr - ₹7.3 L/yr

arrow icon 7% less
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PwC Payroll Specialist Salary

2 - 8 years exp. (4 salaries)

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₹4.6 L/yr - ₹8.5 L/yr

arrow icon 9% more
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Nexdigm Payroll Specialist Salary

6 - 8 years exp. (3 salaries)

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₹5.1 L/yr - ₹6.5 L/yr

arrow icon 12% less
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Bain & Company Payroll Specialist Salary

5 - 14 years exp. (3 salaries)

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₹17 L/yr - ₹19 L/yr

arrow icon 178% more
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McKinsey & Company Payroll Specialist Salary

5 - 10 years exp. (3 salaries)

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₹7 L/yr - ₹9.6 L/yr

arrow icon 22% more
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₹7.4 L/yr - ₹7.5 L/yr

arrow icon 13% more
Payroll Specialist salary at Mercer ranges between ₹5.5 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 9 years. Salary estimates are based on 10 latest salaries received from various employees of Mercer.

Latest annual salaries shared by Mercer Payroll Specialist

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3 years exp.
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9 years exp.
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4 years exp.
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4 years exp.
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6 years exp.
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8 years exp.

Experience wise Mercer Payroll Specialist salaries

Last Updated: 18 Mar 2025

Experience Avg Annual Salary
3 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7 L/yr
4 years (AmbitionBox Estimate)

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₹2.7 L/yr - ₹7 L/yr
5 years (AmbitionBox Estimate)

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₹6 L/yr - ₹8 L/yr
6 years (AmbitionBox Estimate)

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₹6.3 L/yr - ₹12 L/yr
7 years (AmbitionBox Estimate)

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₹6 L/yr - ₹7.6 L/yr
View all

Similar Designation salaries in Mercer

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₹5.5 L/yr - ₹6.74 L/yr
Payroll Executive Salary
(AmbitionBox Estimate)
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₹5.9 L/yr - ₹7.5 L/yr
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₹7.3 L/yr - ₹9.05 L/yr
Senior Analyst Salary
(1.1k salaries)
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₹1.9 L/yr - ₹8 L/yr
Sales Executive Salary
(AmbitionBox Estimate)
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₹2.5 L/yr - ₹3.2 L/yr
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₹6.9 L/yr - ₹8.5 L/yr
Analyst Salary
(72 salaries)
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₹1.79 L/yr - ₹10.6 L/yr
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₹2.45 L/yr - ₹8 L/yr
Senior Payroll Executive Salary
(AmbitionBox Estimate)
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₹6.2 L/yr - ₹7.9 L/yr
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₹1.6 L/yr - ₹4.9 L/yr

Salary related reviews for Mercer

2.2

Rated by 2 employees for salary & benefits

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.

read more
  • Salary - Bad
  • +4 more

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.

read more
  • Salary - Good
  • +4 more

Dislikes

Nothing to discuss but growth opportunities should be made better.

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.

read more
  • 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.

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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.

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  • 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.

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  • Skill development - Poor
  • +1 more

Benefits Department

4.0
  •  posted on 10 Feb 2018

5.0
 for  Salary and Benefits

Likes

Supporting Management and colleagues. Vast working environment where you can apply you skill set and also learn new things. Good exposure to the market and better understanding of client handling tasks.

read more
  • Salary - Excellent
  • +6 more

Dislikes

As i was on a third party payroll, i didn't get my salary on time. Though i got the full support of Mercer's HR team but it was very ineffective in regards to my query as the third party was not responsible for their work.

read more
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Mercer Payroll Specialist Salary FAQs

What is the salary of Payroll Specialist at Mercer ?
The average salary of a Payroll Specialist at Mercer in India typically ranges from ₹5.5 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 3 years to 9 years).

The top 10% of Payroll Specialist at Mercer earn more than ₹7.7 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Payroll 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 10 Mercer employees in India.
What is the estimated take home salary of a Payroll Specialist at Mercer in India?
The estimated take-home salary of a Payroll Specialist at Mercer in India typically ranges from ₹50,407 to ₹51,597 per month. This is based on the average salary range of ₹5.5 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 3 years to 9 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 10 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 Payroll Specialist in India?
Bain & Company ₹17.0 Lakhs to ₹19.0 Lakhs per year
Deloitte ₹5.2 Lakhs to ₹12.0 Lakhs per year
McKinsey & Company ₹7.0 Lakhs to ₹9.6 Lakhs per year
Willis Towers Watson ₹7.4 Lakhs to ₹7.5 Lakhs per year
PwC ₹4.6 Lakhs to ₹8.5 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 Payroll Specialist in companies similar to Mercer in India?
The salary of a Payroll Specialist at companies similar to Mercer in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Ernst & Young ₹5.5 Lakhs to ₹7.3 Lakhs per year
Nexdigm ₹5.1 Lakhs to ₹6.5 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 Payroll Specialist at Mercer in India?
The salary growth for a Payroll Specialist at Mercer depends on factors such as experience, performance, and promotions. On average, a Payroll Specialist can expect the following growth trajectory at Mercer:

Experience Average Salary Range
3 years ₹2.7 Lakhs to ₹7.0 Lakhs per year
4 years ₹2.7 Lakhs to ₹7.0 Lakhs per year
5 years ₹6.0 Lakhs to ₹8.0 Lakhs per year
6 years ₹6.3 Lakhs to ₹12.0 Lakhs per year
and so on.

Tell us how to improve this page.

Mercer Payroll Specialist salary in India ranges between ₹5.5 Lakhs to ₹8 Lakhs with an average annual salary of ₹unlock blur. Salary estimates are based on 10 Mercer latest salaries received from various employees of Mercer.