Mercer Compensation Specialist Salaries by 4 Employees (Updated 2025)

3 - 5 years exp.

₹5 Lakhs - ₹8 Lakhs

Avg. annual salary

Monthly In-hand Salary

Compensation Specialist Salary at Mercer ranges between ₹5 Lakhs to ₹8 Lakhs per year for employees with experience between 3 years to 5 years. Salary estimates are based on 4 latest salaries received from various... Read more

78% less than the average Compensation Specialist Salary in Management Consulting Companies for 3 - 5 years of experience

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Last Updated: 29 May 2025

Companies similar to Mercer for Compensation Specialist

Company name	Avg Annual Salary	Open Jobs
Deloitte Compensation Specialist Salary 1 - 5 years exp. (7 salaries)	₹6.5 L/yr - ₹15.3 L/yr 62% more
TCS Compensation Specialist Salary 3 - 8 years exp. (4 salaries)	₹7.5 L/yr - ₹16 L/yr 92% more
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Citicorp Compensation Specialist Salary 9 - 12 years exp. (4 salaries)	₹39.5 L/yr - ₹70 L/yr 845% more

HCLTech Compensation Specialist Salary 2 - 13 years exp. (4 salaries)	₹10 L/yr - ₹28 L/yr 267% more
IBM Compensation Specialist Salary 7 - 9 years exp. (3 salaries)	₹7 L/yr - ₹7.5 L/yr 19% more

Mercer Compensation Specialist salaries by

Years of experience	Avg. annual salary
3 years (AmbitionBox Estimate)	₹5 L/yr - ₹6.3 L/yr
4 years (AmbitionBox Estimate)	₹4.5 L/yr - ₹5.8 L/yr
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5 years (AmbitionBox Estimate)	₹7.2 L/yr - ₹9.2 L/yr

Similar Designation Salaries at Mercer

Similar Designation	Avg. annual salary
Compensation Analyst Salary (10 salaries)	₹5 L/yr - ₹10 L/yr
Payroll Specialist Salary (10 salaries)	₹5.5 L/yr - ₹8 L/yr
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Total Rewards Specialist Salary (AmbitionBox Estimate)	₹34.2 L/yr - ₹43.7 L/yr
Senior Analyst Salary (1.1k salaries)	₹1.9 L/yr - ₹8 L/yr
Senior Associate Salary (62 salaries)	₹2.5 L/yr - ₹7.5 L/yr
Payroll Analyst Salary (5 salaries)	₹5.5 L/yr - ₹6.7 L/yr
Senior Consultant Salary (60 salaries)	₹13.5 L/yr - ₹33 L/yr
Payroll Executive Salary (AmbitionBox Estimate)	₹5.9 L/yr - ₹7.5 L/yr
Team Lead Salary (58 salaries)	₹4.9 L/yr - ₹18.5 L/yr
Analyst Salary (73 salaries)	₹1.7 L/yr - ₹10.4 L/yr

View more similar designations

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Salary Discussions, Hike & Promotions

a senior executive

GF salary Vs. My salary

Me and my gf have been dating for 5 years. Back in 2020, I started my career with a package of ₹5 LPA. Over the years, I’ve reached ₹22 LPA in 2025. She started her journey with ₹3 LPA(2020) and is now earning ₹8 LPA(2025). We’ve been in a live-in relationship for around 2 years, and the idea was to share expenses equally. But, equal sharing never really happened. If we go to a café she likes, especially with friends, I will pay the entire bill. We only split the house rent and grocery bills. I told her lots of time to cut down these costly cafe expenses or earn more money, increase your package, study and work hard, but.....she is now in her comfort zone. Being from a tech background, I have seen people upgrade their skills and package for a good life in metro cities. I am ready to support her in her studies, but she is like I am earning enough for myself.... No, you are not. I love her, but I don't know how to overcome this issue between us. Please suggest!

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Salary related reviews for Mercer

Senior Analyst in Pune

Full Time

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2.0

• updated on 14 Sep 2022

1.0

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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

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Job security - Good

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Perks and Salary benefits are not good. Management is biased and runs around few people. Poor skill development, quality of work is very low.

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Senior Analyst in Noida

Full Time

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4.0

• updated on 20 Mar 2018

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...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.

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Dislikes

Nothing to discuss but growth opportunities should be made better.

Senior Analyst in Gurgaon / Gurugram

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4.0

• updated on 12 Aug 2021

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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.

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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

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3.0

• updated on 22 Apr 2019

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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 Compensation Specialist Salary FAQs

What is the salary of Compensation Specialist at Mercer ?

The average salary of a Compensation Specialist at Mercer in India typically ranges from ₹5.0 Lakhs to ₹8.0 Lakhs per year, depending on experience (from 3 years to 5 years).

The top 10% of Compensation Specialist at Mercer earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹8.0 Lakhs per year. Compensation 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 4 Mercer employees in India.

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

The estimated take-home salary of a Compensation Specialist at Mercer in India typically ranges from ₹45,577 to ₹46,659 per month. This is based on the average salary range of ₹5.0 Lakhs to ₹8.0 Lakhs per year for employees with experience ranging from 3 years 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 4 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 Specialist in India?

Citicorp	₹39.5 Lakhs to ₹70.0 Lakhs per year
HCLTech	₹10.0 Lakhs to ₹28.0 Lakhs per year
TCS	₹7.5 Lakhs to ₹16.0 Lakhs per year
Deloitte	₹6.5 Lakhs to ₹15.3 Lakhs per year
IBM	₹7.0 Lakhs to ₹7.5 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.

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

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

Experience	Average Salary Range
3 years	₹5.0 Lakhs to ₹6.3 Lakhs per year
4 years	₹4.5 Lakhs to ₹5.8 Lakhs per year
5 years	₹7.2 Lakhs to ₹9.2 Lakhs per year

and so on.

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Mercer Compensation Specialist Salaries

Mercer Compensation Specialist salary in India ranges between ₹5 Lakhs to ₹8 Lakhs with an average annual salary of ₹. Salary estimates are based on 4 Mercer latest salaries received from various employees of Mercer.