Manager, Compensation - Toronto, Canada - Amica Senior Lifestyles

Amica Senior Lifestyles

Verified Company

Toronto, Canada

4 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

Job Description:

Manager, Compensation

Amica Senior Lifestyles

Full Time - Hybrid Position

Established in 1996, Amica Senior Lifestyles owns and operates over 30 senior living residences in British Columbia and Ontario, while continuing to grow in select markets.

Offering Independent Living (IL), Assisted Living (AL) and Memory Care (MC) lifestyle options, we combine expert care with unparalleled premium hospitality and amenities to deliver a personalized senior living experience.

At Amica, we are driven by the desire to be part of something bigger than ourselves. We are privileged to spend our days enriching the lives of seniors, their families and each other. Joining Amica means you'll experience a strong sense of belonging, purpose, possibility, and growth.

Become part of a team where you can make a real impact in the lives of others each and every day.

THE OPPORTUNITY

Reporting to the Director Compensation, the Manager Compensation is responsible for plan, design, development, implementation and administration of a comprehensive marketable total rewards strategy.

This role involves analyzing market trends, developing strategy, building processes, monitoring internal equity, and collaborating with various departments and leaders to attract, retain, and motivate talent through competitive and fair compensation practices.

Principal Duties and Responsibilities
**_

Compensation Management:
_**- Develop and implement a comprehensive compensation strategy aligned with the Company's Compensation philosophy, goals, and objectives.

Create salary administration guidelines, policies and procedures and establish best practices that contribute to pay transparency.
Provide salary recommendations that are internally equitable, and externally competitive.
Conduct regular market analysis to ensure competitiveness to attract and retain top talent.
Research industry/emerging trends and monitor best practices in compensation
Partner with the Talent Acquisition team to support hiring of best talent and guide in the determination of equitable compensation offers, and monitor adherence to salary administration guidelines.
Partner with the Benefits team to ensure smooth implementation and administration of all benefit plans including annual communication of plans.
Effectively manage and collaborate with vendors and external partners, including managing performance of contracts to ensure maximum value of services is delivered.
Responsible for maintenance of pay equity and monitoring regulatory, legislative, and standard practices/changes that impact benefit or compensation processes, and ensure company maintains compliance.
Monitors and maintains the Pay Equity Program for nonunion and union employee groups ensuring legislative standards are met; includes but not limited to the annual analysis and monitoring of internal positions to ensure compliance with Ontario's Pay Equity Act.
Develop tools and resources relating to job description writing to support effective job documentation and corresponding headcount required to fulfill volumes of activity.
Accountable for preparing pay transparency reports that is compliant with Pay Transparency Act.
Prepare various reports and presentations to support compensation team including a review of client department areas by providing analytical, technical and administrative support on best practices in organizational design.
Maintain an awareness and deep understanding of memorandums and Collective Agreements with Unions in order to deliver against corresponding compensation commitments, identify issues requiring Director, Compensation to support planning with other HR colleagues. Assist with compensation data analysis during Labor Negotiations.
Participate in compensation surveys, collaborating with others in HR as required to fulfill data requirements requested; analyze aggregate results and proactively identify trends or issues relative to the target market competitive position.
Support BC Wage levelling process and strategy.
Participates in HR cross functional review of processes and procedures to provide compensation impacts. Including administration of annual performance appraisal and salary/wage reviews and bonus program administration.

**_

Job Evaluation and Classification:
_**- Lead job evaluation processes to determine appropriate salary grades and ensure internal equity.

Standardize job description templates and establish processes to manage job evaluation requests, governance and maintenance.
Create Job Titling convention guidelines.
Classify and benchmark roles within the organization to ensure consistency and fairness in compensation practices.

**_
Compensation Planning and

Annual Merit Increase Process:

_**- Lead and support annual budgeting processes, bonuses, salary adjustments, rewards and conduct market surveys to ensure pay practices are competitive.