Mercer Advisors is a different kind of wealth management firm. We exist so that our clients don’t have to worry about money. Our firm was founded in 1985, on the belief that families at all wealth levels would benefit from a fully unified approach to managing their money – “A family office for your family.” We connect the dots of our clients’ financial lives by unifying planning, investing, taxes, estate, insurance, trust, and more. Today, we proudly serve over 25,000 families, across over 90 cities, with over $45 Billion in assets entrusted to our care. And we do this as an independent, national fiduciary – which means we are committed to always working in the clients’ best interest.
When you join our team, you will find that it is different from what you typically see in our industry. Our client-facing professionals of in-house experts are 50% women, as is our overall employee base. We bring together the best talent wherever they live –with no formal headquarters, and many flexible working arrangements – so we can assemble the best team.
Job Summary:
The Compensation Program Manager supports the design and implementation of compensation policies and programs. This role is responsible for developing compensation programs, monitoring their effectiveness and recommending adjustments as necessary to ensure competitive, fair compensation aligned with our goals and values. This individual will conduct compensation surveys and analyses, position evaluations, and partner with HR Business Partners to recommend compensation ranges for new roles, internal moves and as part of our performance review cycle. The Compensation Program Manager will partner closely with the HR Leaders on all aspects of HR and work closely with the VP of Compensation, CHRO and the CFO on the various components of Mercer’s compensation offerings.
Essential Job Functions will include:
- Reviewing and further defining Mercer’s compensation philosophy and approach including pay equity
- Developing salary, bonus, equity, and other incentive plans for all levels of employees
- Conducting market research and benchmarking to determine the appropriate pay levels and ranges for different positions and locations
- Ensuring compliance with federal, state, and local laws and regulations regarding compensation practices
- Collaborating with other HR functions and business leaders to support talent acquisition, retention, performance management, diversity and employee engagement initiatives
- Analyzing compensation data and trends to evaluate the effectiveness and impact of compensation programs and policies
- Managing the compensation planning aspect of the Performance Review and Compensation Planning program
- Communicating and educating employees and managers on compensation programs and policies
- Working collaboratively with HR ops and payroll on minimum wage and salary thresholds per state and federal regulations
Required Knowledge, Skills, and Abilities:
- Bachelor’s degree in Human Resources, Business Administration, or a related field
- Certification from a professional organization such as the Certified Compensation Professional (CCP) preferred
- At least 5 years of progressive experience in compensation or human resources management
- Strong knowledge of compensation principles, practices, and trends
- High level of analytical, problem-solving, and decision-making skills
- Proficiency in using various software tools such as Excel, HRIS, payroll systems, etc.
- Excellent communication, presentation, and interpersonal skills
- Ability to work effectively with diverse stakeholders across the organization
- Experience in Professional Services or Wealth Management is a plus
Work Schedule:
This professional role requires availability during standard business hours of Monday through Friday from 8AM to 5PM. At times, the role may have early or late hours to meet business tasks and deadlines for external and internal client needs.
Working Conditions:
This position may be in a professional office environment or a dedicated home office workspace which is free of interruptions. Whether position is in a dedicated office space or home office workspace, basic technology needs will be provided to satisfy position requirements. Routinely sitting and standing for periods of time. No heavy lifting over 10 lbs. Travel assumed up to 25% of the time.
Benefits:
Mercer Advisors offers a competitive and robust benefit package to our employees. Our benefit programs are focused on meeting all of our employees and their eligible dependents health and welfare needs. We offer the following:
- Company Paid Basic Life & AD&D Insurance
- Company Paid Short-Term and Long-Term Disability Insurance
- Supplemental Life & AD&D; Short-Term Disability; Accident; Critical Illness; and Hospital Indemnity Insurance
- Three medical plans offerings including two High Deductible Health Plans and a Traditional Co-Pay medical plan.
- Health Savings Account (HSA) with company contributions on a per pay period basis if enrolled in either HDHP medical plan.
- Two comprehensive Dental Plans
- Vision Insurance Plan
- Dependent Care Savings Account for child and dependent care.
- 14 Company Paid Holidays with a full week off at Thanksgiving.
- Generous paid time off program for vacation and sick days
- Employee Assistance Plan
- Family Medical Leave
- Paid Parental Leave (6 weeks)
- Maternity benefits utilizing company paid STD, any supplemental STD, plus Parental Leave (6 weeks) to provide time for recovery, baby bonding, and enjoying your family time.
- Adoption Assistance Reimbursement Program
- Company Paid Concierge Services for you and your loved ones for the spectrum of caring needs for your aging parents, young children, life’s challenges and more.
- 401(k) Retirement Plan with both Traditional and Roth plans with per pay period match
- Pet Insurance
We are not accepting unsolicited resumes from agencies and/or search firms for this job posting.
Mercer Advisors provides equal employment opportunity to all applicants and employees without regard to age, color, disability, gender, marital status, national origin, race, religion, sexual orientation, gender identity and expression, physical or mental disability, genetic predisposition or carrier status, or any other characteristic protected by law in accordance with all applicable federal, state, and local laws. Mercer Advisors provides equal employment opportunity in all aspects of employment and employee relations, including recruitment, hiring, training and development, promotion, transfer, demotion, termination, layoff, compensation, benefits, and all other terms, conditions, and privileges of employment in accordance with applicable federal, state, and local laws.
