2023 Gender Pay Gap Report

Marsh McLennan Ireland, including Mercer (Ireland) Limited

Marsh McLennan Group is one of the world’s leading professional services firms with a focus on risk, strategy, and people. Marsh McLennan Group Ireland includes the legal entities Mercer (Ireland) Ltd, Mercer Global Investments Europe Ltd, Irish Pensions Trust Limited, Marsh Employee Benefits Ltd, Marsh Management Services (Dublin) Ltd and Marsh McLennan Innovation Centre Ireland. This report details the gender pay gap at Marsh McLennan Ireland in line with the rules laid out by the government, which we welcome. The gender pay gap is measured using broad means and medians drawn from the entirety of our team. It takes no account of the different roles and levels occupied by individuals. The gender pay gap does not measure whether pay is equal. Equal pay requires that individuals within particular roles are paid equitably for the same work, allowing for differences in factors such as experience, performance or skills we review pay for colleagues as part of our annual compensation process. It is perfectly possibly for an organisation that applies equal pay principles to have a gender pay gap. This typically arises where men and women are unevenly represented in different roles and levels of the organisation. This is the case at Marsh McLennan Ireland, where our gender pay gap arises primarily from having more men than women in our most senior grades. We are committed to moving towards a more even gender split at all levels of the company.

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