12 Mercer alternatives for salary benchmarking in 2025

Despite its longstanding credibility, Mercer’s salary benchmarking data is often outdated by the time it reaches you — a key reason many companies look for Mercer alternatives.

Mercer’s give-to-get model also requires manual survey submissions and job mapping — adding to your workload and leaving room for errors that can skew benchmarks and misguide pay decisions.

To top that, Mercer delivers compensation data in spreadsheets or a basic portal, with management tools sold separately. This leaves HR teams with a fragmented setup and extra costs (especially if you need data for multiple locations).

No wonder you’re exploring Mercer alternatives.

To help, we reviewed the market to find the best Mercer alternatives in 2025 — comparing 12 salary benchmarking providers side-by-side with Mercer.

Whether you’re choosing your first benchmarking provider, switching from Mercer, or just supplementing its data, you’ll see how each stacks up on coverage and compensation management features to find the right fit for your organisation.

Click here to switch straight to the list of Mercer alternatives.  

But first, quick refresh: What does Mercer offer?

Mercer is a global HR consultancy that helps organisations design and implement strategic compensation projects.

Alongside its consulting services, Mercer runs annual salary surveys and sells the compiled results as standalone datasets. It also provides online platforms for accessing and analysing compensation data.

Here’s a breakdown of Mercer’s main offerings:

1. Mercer consulting services

Consulting is Mercer’s core offering. These services cover a wide range of compensation practices, including total rewards strategy, job evaluation, pension schemes, and employee benefits.

Mercer’s consulting services are billed as one-off projects or retainers.

2. Mercer salary benchmarking data

Mercer runs salary surveys — typically once or twice a year — gathering submissions from companies on how they compensate their employees (base salary, equity, variable pay, and benefits). The results are then compiled into a dataset and sold as benchmarking data for People and Reward teams.

Mercer runs many surveys and sells a variety of datasets, such as:

• The Mercer Total Remuneration Survey (TRS). It’s Mercer’s main global survey for total compensation data, updated annually. 
• Industry-specific survey. Example: Mercer Total Compensation Survey for the Energy Sector. 
• Employee-specific data. Example: Mercer Hourly Pay Survey
• Insights on trending workplace topics. Example: Mercer US Flexible Working Policies & Practices Survey.

3. Mercer WIN® (Workforce Intelligence Network)

Mercer WIN is Mercer’s online data delivery platform that gives you access to the survey data you buy from the consultancy.

In the past, salary survey data purchased from Mercer used to be delivered in a complex spreadsheet. Today, you can choose to have it delivered via Mercer WIN where you can view, filter, and analyse benchmarking data you’ve purchased in-platform or download it as an Excel file.

Access to Mercer WIN is included when you buy eligible survey data — it doesn’t include datasets you haven’t purchased.

4. Mercer WIN | ePrism™

Mercer ePrism is a web-based compensation management solution embedded within Mercer WIN.

It helps you centralise data, integrate with your Human Resource Information System (HRIS), generate reports, design pay structures, and model salary scenarios.

ePrism requires a separate subscription in addition to the survey data and WIN access.

5. Mercer Comptryx

Acquired by Mercer in 2015, Comptryx is Mercer’s salary benchmarking software, providing compensation and market trends data for the tech industry.

Comptryx operates on a give-to-get survey submission model — organisations submit their employee compensation data to access benchmarks.

It’s available as a standalone subscription, not included with Mercer TRS or WIN access.

Who is Mercer ideal for?

With its broad, global data, Mercer is ideal for large enterprises and multinational organisations in regulated industries such as banking, pharmaceuticals, and manufacturing that have dedicated compensation teams to manually submit, map, and analyse compensation data.

Given everything Mercer offers, the breadth of its services can feel overwhelming. And because Mercer is traditionally a consultancy rather than a modern software provider — with data updated only once or twice a year — its platform isn’t especially user-friendly.

This makes it a poor fit for high-growth or scaling tech teams that need intuitive software and real-time data.

Mercer salary benchmarking pros and cons

Whilst Mercer is a well-known name with longstanding credibility, its compensation data is often inaccurate and outdated.

Mercer salary submissions also tend to be tedious and the consultancy itself offers a piecemeal solution at best, which pretty much explains why organisations are looking for alternatives to Mercer.

Here’s a more detailed look at the pros and cons of using Mercer for salary benchmarking:

Mercer pros

As of 2025, Mercer has a 3.8-star G2 rating (based on ten reviews)

The main benefits of using Mercer salary benchmarking data are:

• Brand trust and credibility. Mercer has a long-standing reputation among corporate HR teams, which can make it easier to secure stakeholder buy-in compared to its alternatives.
• Broad dataset. Mercer gathers data from large, legacy enterprises globally — making its benchmarking insights particularly valuable for multinational organisations.
• Consultancy services available. Because Mercer is a consultancy, you can also get support on the design and implementation of various compensation practices.

Mercer cons

The key limitations of using Mercer for salary benchmarking are:

• Outdated data. Mercer’s salary surveys run annually and take months to deliver, so the data is often outdated by the time you receive it. Even in Mercer Comptryx, which updates quarterly, data relies on manual survey submissions. Plus, internal pay changes aren’t automatically reflected in the dataset. This lag makes it unsuitable for companies that need up-to-date benchmarks to stay competitive in hiring and retention.
• Error-prone data. Both Mercer’s salary surveys and Mercer Comptryx rely on detailed, manual data submissions from users. This dependency means accuracy is only as strong as the inputs made and small mistakes in reporting can ripple across the final benchmarks.
• Complex and manual job matching. Mercer’s salary submissions involve data from global, legacy enterprises with vast job structures. Matching each role to a rigid job code is slow and labour-intensive, and once the dataset is returned, HR teams must sift through it again to find the job roles and levels relevant to their benchmarking.
• Difficult to compare external benchmarks with internal employee data. With Mercer, the only way to do this is by manually combining its datasets with internal HRIS data (and cap table, if relevant) in a spreadsheet. This process is time-consuming and must be repeated regularly to reflect changes in employee data.
• Incomplete compensation management solution. Unlike modern all-in-one platforms, Mercer delivers compensation data as a standalone offering via salary surveys or Mercer Comptryx. Other components, such as pay band tools or consultancy projects, are sold separately, making it a piecemeal solution rather than an integrated system.

12 best Mercer alternatives for salary benchmarking in 2025

Mercer alternatives generally fall into three categories:

• Real-time salary benchmarking software providers (example: Ravio)
• HR platforms with third-party salary data (example: Lattice)
• Traditional salary survey providers (example: Radford)

Some companies also turn to job adverts or employee-reported sites like Glassdoor. But because this data is unverified, based on outdated averages, and too broad for like-for-like benchmarking, we haven’t included them here as reliable Mercer alternatives:

1. Ravio

Ravio is a salary benchmarking software with built-in end-to-end compensation management tools — ideal for high-growth global tech teams, particularly those with a strong presence in Europe.

Key features: 

• Get accurate, GDPR-compliant benchmarks worldwide with deep European coverage, based on data from 1,400+ companies — spanning over 50 countries and 100+ roles.
• Instant access to real-time total compensation data covering base salary, equity, variable pay, and benefits. Data refreshes automatically via HRIS integrations and includes global insights on salary shifts, attrition, and market trends.
• Filter benchmarks by industry, size, stage, and location with your roles automatically mapped to Ravio’s leveling framework at onboarding for consistent, accurate comparisons.
• Manage salary bands, run compensation reviews, and address pay equity in one platform with in-built tools to set employee eligibility, identify gender pay gaps, compare against market benchmarks, build approval flows, and share tailored views with managers, talent teams, or employees to ensure transparency and control.

Mercer vs Ravio:

Unlike Mercer’s manually submitted, point-in-time annual survey data, Ravio delivers real-time benchmarks via HRIS integrations — removing manual errors and keeping benchmarks current.

In terms of coverage, Mercer’s dataset leans toward legacy industries with tech insights sold separately (via Comptryx). Ravio focuses on high-growth tech companies and offers filters by location, stage, and headcount for added relevance.

As for compensation management, Mercer provides data in spreadsheets or its WIN portal, supplemented with consultancy projects and standalone tools. Ravio instead delivers a modern end-to-end compensation platform powered by accurate, real-time benchmarks.

2. Pave

Pave is a US-based salary benchmarking provider offering real-time compensation data in the US and Canada — making it ideal for US-based startups and enterprises in tech, healthcare, and gaming industries. 

Key features:

• Access a global dataset with strong US and Canadian coverage where 67% of benchmarks come from US companies, compared to limited (14%) representation in Europe.
• Benchmark with total compensation data covering base salary, equity, and variable pay through Pave’s give-to-get model. (Dataset is limited to base salary outside the core market though.)
• Stay up to date with data updated monthly and real-time employee information pulled directly from connected HR systems.
• Automate job role mapping with machine learning to define job levels by track, family, and number, ensuring consistent compensation planning.
• Manage end-to-end compensation workflows to track budgets, forecast pay decisions, collaborate with your team through in-app commenting and approvals, and present market trends with advanced visualisations.

Mercer vs Pave:

Compared to Mercer’s annually updated and often outdated data, Pave provides fresher benchmarks through HRIS, ATS, and equity integrations that update every month.

While Pave’s dataset is strongest for US roles with lighter coverage globally, Mercer maintains broader global benchmarks.

For compensation management, Pave delivers end-to-end tools for salary bands, pay equity, and review planning in one platform, whereas Mercer combines consultancy services with add-on tools.

3. Compa

Compa is an offers-based benchmarking provider — ideal for US enterprises in tech, life sciences, and retail that want to supplement traditional salary surveys with real-time offers data.

Key features:

• Access real-time offers and equity data to benchmark salary and stock against live market trends pulled directly from ATS and HRIS integrations.
• Stay current with automated fortnightly updates that refresh benchmarks with the latest offers and new-hire market data.
• Filter and track specific peer groups to narrow benchmarks and get AI recommendations for pay adjustments and competitive hiring.
• Analyse pay by skills to benchmark compensation beyond job titles and accurately price specialised or hybrid roles.
• Use built-in workflows for offer approvals and recruiter collaboration to speed up hiring decisions. 

Mercer vs Compa:

Unlike Mercer, which offers annual compensation surveys with global coverage, Compa provides real-time offer data with stronger coverage for US roles only.

Compared to Mercer’s decades of aggregated submissions, Compa’s dataset is much smaller and focused on active offers. It excludes existing employee salaries and is limited to high-volume roles that appear frequently in Applicant Tracking Systems (ATS), making Compa’s data less reliable for accurate benchmarking.

That said, Compa does offer advantages over Mercer. Compa includes detailed role and level descriptions plus outlier detection to flag mismatches, whereas Mercer provides no automated levelling or job-matching support.

When it comes to compensation management features, both fall short compared to dedicated platforms. Mercer is primarily a data provider, while Compa focuses on offers-only data with basic tools for salary bands, pay equity, and compensation reviews — meaning you’ll still need to heavily rely on spreadsheets.

4. CompUp

CompUp is a salary benchmarking provider with an India-only dataset — making it ideal for India-based startups, mid-market companies, and service firms.

Key features:

• Access real-time compensation benchmarks through automated HR and payroll integrations across India.
• Leverage live market data from 250+ Indian startups actively contributing salary and pay information for credible benchmarks.
• Filter peer baskets by stage, size, and industry to benchmark against Indian startups, though. (Note: there’s no advanced custom cohort or funding-stage segmentation.)
• Use in-built compensation management tools to simulate budgets, link pay to performance, run automated merit cycles, route approvals, and generate Total Rewards Statements.

Mercer vs CompUp

Compared to Mercer’s global dataset, CompUp’s benchmarks are tailored exclusively to the Indian talent market — making it useful for local startups but less relevant for companies hiring globally.

CompUp’s industry scope is also narrow, so its benchmarks can also be unreliable for niche, senior, or globally distributed roles.

As for comp management features, CompUp offers built-in tools for budgeting, merit cycles, and approvals — functionality that Mercer lacks.

5. Figures

Figures is a salary benchmarking tool with built-in comp management features and real-time European data, designed around EU Pay Transparency compliance — making it ideal for growing SMBs.

Key features: 

• Access European compensation data using a mixed approach that combines real-time HRIS integrations and manual Excel uploads, supplemented by Mercer data — sold separately for broader global coverage.
• Compare base salary and variable pay to understand cash compensation structures. (Note: employee benefits and equity benchmarks aren’t available.)
• Track market changes with benchmarks updating monthly with daily data feeds from proprietary sources, and annual updates for Mercer survey data.
• Filter and model compensation data with advanced filters (industry, headcount, location, funding stage) and AI-powered modelling to fill gaps in smaller markets.
• Build salary frameworks from scratch with prebuilt salary band templates, granular role breakdowns, and transparent datapoint counts.

Mercer vs Figures:

Both Mercer and Figures offer global data, but Figures relies on a partnership with Mercer for global benchmarks and natively provides compliant EU data from contributing SMBs.

In practice, this means Figures’ European dataset is far more up to date than Mercer’s, but its global benchmarks are only as fresh as Mercer’s data. Figures’ compensation scope is also limited to base salary and variable pay, while Mercer includes benefits and equity data too.

As for compensation management capabilities, Figures delivers integrated, end-to-end tools for small teams starting out (with salary band templates, basic workflows, and pay gap reporting), while Mercer relies on a fragmented combination of consultancy and add-on tools.

6. Carta Total Comp

Carta Total Comp is the salary benchmarking tool from cap table platform Carta — ideal for VC-backed, US-based private companies already using Carta to manage ownership and equity.

Key features:

• Access real-time salary and equity benchmarks from Carta’s proprietary dataset of US-based, private-market companies.
• Automatically sync compensation, job levels, and employee data through 100+ HRIS integrations.
• Integrate cap table data to track ownership, forecast vesting schedules, and manage share allotments.
• Use built-in compensation management tools for scenario planning, equity dilution, ownership impact, and structured workflows to plan, approve, and audit offers.

Mercer vs Carta Total Comp

Compared to Mercer’s broad total compensation data, Carta is strongest in equity benchmarking, while its salary data is less robust since the platform is primarily built for cap table management.

In fact, Carta focuses on privately held US startups already using its cap table management platform — making its benchmarks less relevant for public companies or those hiring globally.

In contrast to Mercer’s basic, piecemeal compensation management tools (available as add-ons), Carta offers stronger, end-to-end functionality. For existing Carta users, setting up Total Comp is also as simple as plug and play.

7. Compensation IQ by Qlearsite 

Compensation IQ by Qlearsite is a salary benchmarking provider that combines third-party data, including Mercer data — ideal for public sector organisations, charities, and nonprofits across Europe, with particular strength in the UK.

Key features:

• Combine multiple data sources with manual uploads, a Mercer partnership, and job posting salary ranges via Lightcast (Note: Compensation IQ doesn’t have proprietary data).
• Integrate HRIS systems to compare internal salaries against external benchmarks.
• Use AI-powered job mapping to automate role alignment and standardise benchmarking.
• Leverage customisable dashboards to highlight compensation metrics, trends, and areas of concern.

Mercer vs Compensation IQ:

Unlike Mercer’s global salary benchmarks, Compensation IQ is a data aggregator — combining benchmarks from user uploads, job posting ranges, and Mercer itself.

Subsequently, its compensation data isn’t real-time or highly reliable as up-to-date, accurate benchmarks from modern salary benchmarking tools like Ravio. The sources Compensation IQ draws from are either annual and error-prone (Mercer) or unverified and inconsistent (job postings) — making data less relevant for fast-moving tech companies.

 In terms of compensation management features, Mercer doesn’t provide automated job mapping, while Compensation IQ does. It also integrates with HRIS to compare internal salaries with external data, though not to build a real-time dataset. 

8. Assemble by Deel

Assemble is a compensation management tool sourcing salary benchmarks via Carta — ideal for privately held healthcare and biotech companies in the US.

Key features: 

• Access specialised biotech and life sciences compensation data via Compgrid, Assemble’s native dataset, and wider US-based benchmarks via a third-party integration to Carta.
• Import and combine compensation data from multiple sources with manual uploads and job mapping.
• Use built-in compensation tools to create salary bands, run structured reviews, generate offer letters, and manage customised workflows for planning and approvals.
• Improve pay transparency with a self-serve employee portal that gives employees visibility into their total rewards package.

Mercer vs Assemble:

Unlike Mercer, which offers proprietary compensation data with global coverage, Assemble owns only a small, native biotech dataset and relies on manual uploads from users, plus an integration with Carta Total Comp for broader, US-focused data. .

While this allows you to pull in multiple data sources, the benchmarks aren’t as real-time as those from modern providers like Ravio that automatically embed proprietary data. Meaning: Assemble’s data freshness ultimately depends on the update cycles of its external sources.

It also adds manual work for users, who need to upload, manage, and map multiple datasets — similar to work that goes into Mercer’s manual survey submissions and role-mapping. As a result, Assemble still leaves the same gaps that drive teams to consider Mercer alternatives.

As for compensation management features, Assemble provides end-to-end tools, while Mercer relies on separate add-ons.

9. Barley

Barley is a compensation management platform that sources benchmarking data from third-party providers like Mercer — ideal for small businesses in the US and Canada. 

Key features:

• Access benchmarking data from multiple sources, including Mercer salary survey data and real-time employee data through HRIS integrations. (Note: Barley doesn’t have a proprietary database.)
• Collect and report on candidate salary expectations to spot market shifts and use them as an additional source of pay trend data. 
• Plan and manage compensation reviews end-to-end with built-in tools to build and edit salary bands, analyse pay equity gaps, set budgets, and run adjustments using a merit matrix approach.

Mercer vs Barley:

Where Mercer is a consultancy that sells annual survey data and add-on tools for compensation management, Barley is a dedicated compensation management tool with third-party data, HRIS integrations, and built-in workflows.

However, because Barley doesn’t maintain a proprietary dataset, its benchmarks still rely heavily on traditional salary surveys. That means the data lags behind the market, carrying the same risks of being outdated, error-prone, or incomplete — limiting its usefulness for competitive pay decisions.

10. Lattice

Lattice is a people management platform that has expanded to offer compensation benchmarking via Mercer — ideal for mid-market teams that need basic total compensation coverage within a broader people platform.

Key features: 

• Access global salary benchmarks with expanding European coverage, though data quality varies by region.
• Use Mercer benchmarks alongside internal performance data to align pay decisions with the market and career progression.
• Manage basic compensation workflows integrated into performance management cycles, with built-in tools for salary band setup, merit cycle budgeting, and compliance reporting. 

Mercer vs Lattice:

Unlike Mercer’s consultancy-first model with salary surveys and optional add-on tools, Lattice delivers a broader HR platform with performance reviews, engagement surveys, and compensation features, so their core focus areas differ.

Since both rely on periodic salary survey data, benchmarks update only once or twice a year. There are also no real-time insights, such as live market trends, hiring rates, and attrition data, essential for competitive compensation decisions. 

 11. HiBob

HiBob is a people management platform that pulls salary benchmarks from Mercer and other providers — ideal for SMBs with simple compensation needs that they want to manage within their performance platform.

Key features:

• Access compensation data from third-party providers like Mercer within an EU-compliant people management platform.
• Support compensation planning with periodic refreshes from external survey data partnerships (typically annual — not in real time).
• Run basic compensation workflows with built-in tools for total compensation analysis, pay equity analysis, and standard reporting. (Note: High-growth companies quickly outgrow these features and eventually turn to a dedicated real-time compensation benchmarking platform.) 

Mercer vs HiBob:

Unlike Mercer’s single-source salary surveys, HiBob combines Mercer data with other third-party providers inside a broader people management platform. This makes HiBob more useful for mid-market companies that want compensation insights embedded within their HR workflows.

However, both Mercer and HiBob lack real-time insights since HiBob’s benchmarks ultimately refresh in line with Mercer’s periodic survey updates.

For compensation management, HiBob includes simple, built-in tools for comp reviews, pay equity analysis, and reporting — whereas Mercer follows a consultancy-first model supported by optional add-on tools.

That said, HiBob’s capabilities are still limited compared to specialised benchmarking software. Its data lacks specialised tech insights, making it less effective for high-growth or tech-focused companies.

12. Alternative salary survey providers: Radford, Willis Towers Watson, Korn Ferry

Mercer is just one of several HR consultancies that provide salary data through traditional salary surveys — others include:

• Radford
• Willis Towers Watson
• Korn Ferry
• Culpepper
• Salary.com
• Empsight
• Altura
• Brightmine (previously XpertHR and Cendex)

Some of these providers today have a platform for analysing the salary survey results they sell. However, these are all consultancy-first benchmarking providers, so their platforms tend to be outdated and difficult to use.

Data limitations are also similar to Mercer’s: inaccurate, prone to human error due to manual survey submissions, and outdated by the time insights reach you.

Factors to consider when choosing the best Mercer alternative for your needs 

When selecting an alternative to Mercer’s salary benchmarking solution, review the following key factors to assess your organisational needs: 

• Team size and complexity. Smaller companies often benefit from platforms that offer pre-built pay bands to get started quickly, while larger enterprises need flexible tools that can support complex hierarchies and workflows.
• Geographic footprint. If you hire across multiple regions, prioritise providers with global coverage and strong filtering by country, city, industry, and funding stage.
• Hiring speed, scale, and role types. High-growth companies need real-time benchmarks that reflect current market shifts, especially for competitive or niche roles.
• Budget and internal compensation expertise. Consider whether you need an all-in-one platform with planning tools or just reliable benchmarks to supplement in-house expertise. 

So is Mercer still the best salary benchmarking option?

Mercer is great as a supplemental data source for large, multinational organisations that need global benchmarks from a credible name.

But if you’re a high-growth tech company in a competitive talent market, you’ll find Mercer salary survey data lacking — it’s too manual to access and manage, error-prone, and outdated by the time it reaches you.

In that case, a modern compensation platform with real-time benchmarks and built-in compensation management features like Ravio will serve you far better.

FAQs

Is Mercer data reliable?

Mercer is a credible brand, but its compensation data is often outdated, error-prone, and inaccurate. Because benchmarks rely on manual survey submissions that are only refreshed once or twice a year, its insights lag behind the market and may not reflect current pay trends. 

What is Mercer software?

Mercer’s main compensation software is Mercer Comptryx, originally acquired in 2015. It provides salary benchmarking and market trends data for the tech industry, based on Mercer’s give-to-get survey model. Comptryx is sold as a standalone subscription — separate from Mercer’s global Total Remuneration Survey (TRS) and its online survey data portal, Mercer WIN. 

Does Mercer integrate with HRIS systems? 

No. Unless you purchase Mercer ePrism, Mercer survey data does not integrate directly with HRIS systems. To compare benchmarks with your employee data, HR teams must manually combine Mercer datasets with internal HRIS exports — a time-consuming process that has to be repeated every time data changes.

What is the difference between Mercer TRS, Mercer WIN, and Mercer Comptryx?

Mercer Total Remuneration Survey (TRS) is Mercer’s core global salary survey. Mercer WIN is the online platform used to access TRS or other survey data you purchase. Mercer Comptryx is a separate subscription product for the tech industry, offering salary benchmarking and market trends based on Mercer’s give-to-get survey model. 

Is there a real-time alternative to Mercer salary surveys?

Yes. Modern salary benchmarking platforms like Ravio, Pave, and Figures integrate directly with HRIS systems to provide live salary benchmarks that update automatically. Unlike Mercer’s annual or quarterly surveys, these tools reflect current market conditions and internal pay changes in real time — making them far more reliable for fast-moving compensation decisions. 

Are salary surveys still relevant in 2025?

Salary surveys are still used, but their relevance is fading fast. Because they’re only updated once or twice a year and rely on manual submissions, the data is often outdated and error-prone by the time you receive it. Most surveys also pull from large, legacy enterprises, so benchmarks rarely reflect your company’s size, stage, or region — which is why many companies now turn to real-time benchmarking tools that integrate with HRIS data. 

What is the best salary benchmarking tool?

The best salary benchmarking tool meets your organisational needs — integrating with your HRIS systems and offering real-time salary and total rewards data. It should also offer strong data coverage tailored to your needs, whether that’s regional benchmarks or global market data, depending on your team’s structure and hiring footprint.