Mercer - Professional and smart coworkers, but pension consulting is a dying field | Glassdoor
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There are newer employer reviews for Mercer

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Helpful (1)

"Professional and smart coworkers, but pension consulting is a dying field"

StarStarStarStarStar
  • Work/Life Balance
  • Career Opportunities
  • Comp & Benefits
  • Senior Management
Former Employee - Actuarial Analyst in New York, NY
Former Employee - Actuarial Analyst in New York, NY
No opinion of CEO

Pros

- very professional setting
- colleagues are intelligent, talented, and great team players
- team structure and expectations are clear
- good amount of large-sized client projects

Cons

- high learning curve at the beginning but then not much career development after the first year
- exec. management does not know what to do about problems in organizational structure
- not enough constructive criticism - analysts sometimes do not know how to grow or what to improve
- too many layers within client teams - not enough room for growth

Advice to Management

It does not make any sense to move all the consulting office work to the back offices, especially when the entire pension field is dying and there is less and less work every year. Also, there is little incentive for analysts/associates to work a ton of billable hours if annual bonuses are capped at a measly 6% of base salary.

Other Employee Reviews for Mercer

  1. "Good"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Current Employee - Participant Services Representative in Dallas, TX
    Current Employee - Participant Services Representative in Dallas, TX
    Recommends
    Approves of CEO

    Pros

    Professional work environment
    Provides experience for future jobs
    Good benefits and 401k options
    Decent bonuses

    Cons

    Not very good at motivating employees
    Too much emphasis on adding more to employees' jobs without adequate compensation
    Compensation at minimum or below market average
    Inflexible scheduling for work/life adjustments

    Advice to Management

    Provide employees more positive feedback when you notice employees have done well. If adding more work to employees, increase compensation as well. Place less emphasis on shared services and more emphasis on adequate training and development of employees. Provide more career development/mentorship opportunities.


  2. Helpful (5)

    "talented consulting team and great learning opportunity, but poor management and an overemphasis on the bottom line"

    StarStarStarStarStar
    • Work/Life Balance
    • Career Opportunities
    • Comp & Benefits
    • Senior Management
    Former Employee - Actuarial Analyst in San Francisco, CA
    Former Employee - Actuarial Analyst in San Francisco, CA
    Doesn't Recommend
    No opinion of CEO

    Pros

    Mercer is a strong player in the employer benefits consulting arena. The staff is very talented and the opportunity for exposure to a broad range of projects is great

    Cons

    Senior level consultants are not effective managers. There is a disconnect between the work that is done at the analyst level and how those efforts translate into meeting clients' objectives and strategy. An overemphasis on the bottom line.

There are newer employer reviews for Mercer
There are newer employer reviews for Mercer

See Most Recent

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