Compensation and Benefits Analyst - Ottawa, Canada - Canadian Medical Protective Association

Canadian Medical Protective Association

Verified Company

Ottawa, Canada

3 weeks ago

Posted by:

Sophia Lee

beBee Recruiter

Description

COMPENSATION AND BENEFITS SPECIALIST**
CONTRIBUTING TO THE CMPA

The People & Culture group is responsible for developing and implementing the People Strategy, which sets the foundational building blocks for modernizing the employee experience, cultivating the CMPA's organizational culture, and transforming our approach to talent management.

The group has accountability for creating an employee experience in which the CMPA's people are inspired, connected and empowered to bring the Association's vision, mission and strategic plan to life in service of our members and the Canadian healthcare system.

The People & Culture group partners with the business to deliver plans, services and programs to attract, recruit, develop and retain an engaged workforce that is fully capable of responding to evolving organizational needs.

The group's core activities include people strategy and planning, organizational culture, equity, diversity and inclusion, talent management and acquisition, employee relations, disability and leave management, employee well-being, total rewards management, and HR data and analytics.

The group also collaborates with other business areas on organizational change enablement and organizational learning programs and initiatives.

POSITION OVERVIEW

The incumbent monitors trends and developments in the industry and recommends changes and enhancements to the CMPA's compensation, employee group benefits and recognition programs to ensure their relevance, competitiveness and long-term sustainability.

This role works closely with HR Advisors, Talent Management, Finance Services and colleagues on the Total Rewards team to ensure seamless delivery of compensation, benefits and recognition programs.

Reporting to the Manager, Total Rewards, the Compensation and Benefits (Analyst/Specialist/Advisor) is a key contributor to the design and development of the CMPA's Total Rewards strategy, along with colleagues specialized in Employee Well-being and Pension.

POSITION ACTIVITIES

Analyze key stakeholder feedback, talent trends, internal and external data, and cost implications, to develop recommendations that enhance the CMPA's compensation, benefits and employee recognition practices to support the Association's ability to attract, recruit, retain, and engage talent.
Assess the market competitiveness, equity and overall effectiveness of cash compensation programs. Analyze market data and industry best practices to make recommendations for the evolution of foundational compensation elements such as pay structures, salary increase guidelines, and pay progression guidelines. Develop or update policy documents, People & Culture team practice/process guidelines and tools, and related communication material as needed.
Plan, coordinate and execute the annual compensation cycle (base and variable pay), internal equity and pay equity reviews, including technology and communications requirements. Guides HR Advisors and people leaders through the process.
Assess the market competitiveness, equity and overall effectiveness of the employee group benefits plan. Research, analyze and recommend enhancements to the group benefits plan to ensure competitiveness and cost effectiveness, balancing the need to support the wellbeing of a diverse workforce with longterm sustainability. Develop or update policy documents and related communication material as needed.
Plan and execute the biennial open enrolment process for employee group benefits plans. Oversight includes design and development of technology and communications requirements.
Manage ongoing relationships with benefits carriers, including monitoring services levels and resolving escalated issues, in partnership with the Pension, Benefits and HR Governance Administrator and the Payroll team.
Lead compensation and benefits related projects and liaise with external consultants as required.
Research and recommend updates to the design and delivery of companywide recognition programs, in collaboration with Manager and colleagues within People & Culture.
Participate in total rewards surveys on behalf of the CMPA, tracking and monitoring survey participation costs and interpreting results. Recommend survey process improvements and continually look for new sources of relevant and reliable market data.
In collaboration with Manager and colleagues in People & Culture and HRIS, design and build metrics, reports, and tools to inform program decisions and forecast, report, and/or analyze business outcomes relative to compensation, benefits and recognition programs.
Work closely with HRIS to leverage compensation and benefits planning tools and systems. Represent the Total Rewards team for the implementation of compensation and benefits management functionality within the Association's HRMS, Workday, to introduce operational efficiencies, improved data accessibility, and selfservice functionality.
Audit programs and poli