Mercer Rewards Consultant Salaries by 20+ Employees

1 - 5 years exp.

₹15 Lakhs - ₹27.5 Lakhs

Salary of majority employees

Fixed (93%)

₹18.6 Lakhs

Variable (7%)

₹1.4 Lakh

At par with the average Rewards Consultant Salary in Management Consulting Companies for 1 - 5 years of experience

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Salaries in different departments

Human Resources Rewards Consultant Salary 1 - 5 years exp. (16 salaries)	₹15 L/yr - ₹27.5 L/yr
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Consulting Rewards Consultant Salary 4 - 5 years exp. (AmbitionBox Estimate)	₹18.9 L/yr - ₹20.7 L/yr

Last Updated: 26 Sep 2024

Companies similar to Mercer for Rewards Consultant

Company name	Avg Annual Salary	Open Jobs
Willis Towers Watson Rewards Consultant Salary 1 - 7 years exp. (4 salaries)	₹13 L/yr - ₹26 L/yr 18% less
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Aon Rewards Consultant Salary 1 - 5 years exp. (16 salaries)	₹21.7 L/yr - ₹28.8 L/yr 16% more

Rewards Consultant salary at Mercer ranges between ₹15 Lakhs to ₹27.5 Lakhs per year for employees with experience between 1 year to 5 years. Salary estimates are based on 23 latest salaries received from various employees of Mercer.

Experience wise Mercer Rewards Consultant salaries

Last Updated: 26 Sep 2024

Experience	Avg Annual Salary
1 year (AmbitionBox Estimate)	₹8 L/yr - ₹23 L/yr
2 years (4 salaries)	₹16 L/yr - ₹25 L/yr
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3 years (6 salaries)	₹15 L/yr - ₹23.5 L/yr
4 years (5 salaries)	₹16 L/yr - ₹26.5 L/yr
5 years (6 salaries)	₹17 L/yr - ₹27.5 L/yr

Similar Designation salaries in Mercer

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Payroll Analyst Salary

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Payroll Executive Salary

(AmbitionBox Estimate)

₹5.9 L/yr - ₹7.5 L/yr

Analyst Salary

(72 salaries)

₹1.79 L/yr - ₹10.6 L/yr

Total Rewards Specialist Salary

(AmbitionBox Estimate)

₹34.2 L/yr - ₹43.7 L/yr

Deputy Manager Salary

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₹5.1 L/yr - ₹15.89 L/yr

Salary related reviews for Mercer

1.0

Rated by 1 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

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Mercer Rewards Consultant Salary FAQs

What is the salary of Rewards Consultant at Mercer ?

The average salary of a Rewards Consultant at Mercer in India typically ranges from ₹15.0 Lakhs to ₹27.5 Lakhs per year, depending on experience (from 1 year to 5 years).

The top 10% of Rewards Consultant at Mercer earn more than ₹26.7 Lakhs per year, and the top 1% earn over ₹27.5 Lakhs per year. Rewards 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 20+ Mercer employees in India.

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

The estimated take-home salary of a Rewards Consultant at Mercer in India typically ranges from ₹1,31,893 to ₹1,36,720 per month. This is based on the average salary range of ₹15.0 Lakhs to ₹27.5 Lakhs per year for employees with experience ranging from 1 year to 5 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 20+ 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 Rewards Consultant in India?

Aon	₹21.7 Lakhs to ₹28.8 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 Rewards Consultant in companies similar to Mercer in India?

The salary of a Rewards Consultant at companies similar to Mercer in India varies, depending on the role, experience, and company size. Here are the typical salary ranges:

Willis Towers Watson

₹13.0 Lakhs to ₹26.0 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 Rewards Consultant at Mercer in India?

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

Experience	Average Salary Range
1 year	₹8.0 Lakhs to ₹23.0 Lakhs per year
2 years	₹16.0 Lakhs to ₹25.0 Lakhs per year
3 years	₹15.0 Lakhs to ₹23.5 Lakhs per year
4 years	₹16.0 Lakhs to ₹26.5 Lakhs per year

and so on.

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Mercer Rewards Consultant Salaries

Mercer Rewards Consultant salary in India ranges between ₹15 Lakhs to ₹27.5 Lakhs with an average annual salary of ₹. Salary estimates are based on 23 Mercer latest salaries received from various employees of Mercer.