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    Vice President, Compensation - Toronto, Canada - Thomson Reuters

    Thomson Reuters
    Thomson Reuters Toronto, Canada

    2 weeks ago

    Default job background
    Full time
    Description

    Vice President, Compensation

    The Vice President, Compensation will lead a team of compensation managers, regional leads, and analysts across the globe. Partners with business leaders and HR colleagues to provide strategic and tactical guidance in all aspects of broad-based reward and compensation programs, plans and policies. Closely partners across the compensation and reward team colleagues and works with HR and business leaders to ensure that compensation aligns with and supports Thomson Reuters enterprise objectives. Designs and drives compensation strategy and provides comprehensive and value-added consulting support and thought leadership in all areas of reward and recognition below the executive level within the context of Thomson Reuters reward strategy. Leads optimization of enterprise-wide Thomson Reuters incentive programs.

    About the Role

    In this opportunity as Vice President, Compensation, you will:

  • Ensure effective planning and delivery of all compensation programs and processes including the company-wide annual compensation planning process
  • Partners closely with various business leaders and HR partners and managers to understand business requirements and to effectively align reward decisions and strategies
  • Leveraging the use of new products and technology, leads global broad-based compensation benchmarking and analysis processes; ensuring regular benchmarking studies to evaluate the competitiveness of our compensation programs and make recommendations for adjustments as necessary. Analyze market trends and best practices to ensure that our compensation programs remain current and effective
  • Ensures effective performance management integration. Collaborates with the COE and HR partners to integrate compensation with our performance management process, ensuring that compensation decisions are tied to individual and organizational performance
  • Develop and implement and support the creation of new local incentive and allowance programs as required
  • Partner with HR colleagues to maintain and update job architecture to align with company talent strategy
  • Develops and implements communication strategies for the effective communication of compensation programs to employees
  • Provide general reward consulting, education, and advice; secure and maintain relationships as necessary where outside expertise is required
  • Monitor, identify, and interpret new regulations, statutes, and legislative developments which affect compensation plans. Monitor and evaluate current reward programs to ensure legal and regulatory compliance recommend improvements as needed
  • Remain up to date with reward/compensation developments, building external networks and knowledge to ensure that the business is constantly aware of market trends and best practice locally

    • About You

    You're a fit for the role of VP, Compensation, if your background includes:

  • University degree. Master's degree in appropriate discipline preferred
  • Strong total reward and compensation expertise with 10+ years of experience
  • Ability to establish credibility and build relationships with business leaders, senior executives
  • Expertise in adapting and leveraging emerging technologies
  • Ability to focus on critical objectives that add the most value and deliver results within a matrixed global organization and to drive tasks through to completion
  • Ability to develop new insights into solutions that result in and promote organizational improvements
  • Strong communication skills and business acumen to be an engaged and active consultant with HR and the business
  • Must be highly collaborative, with ability to work in partnership with broader TR Reward/Compensation community as well as HR.
  • Must be able to work and partner exceptionally well from a virtual perspective
  • Must be highly responsive and have a sense of urgency
  • Very high degree of personal integrity and honesty, with an absolute commitment to confidentiality

    • What's in it For You?

    You will join our inclusive culture of world-class talent, where we are committed to your personal and professional growth through:

    Hybrid Work Model: We've adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role) for our office-based roles while delivering a seamless experience that is digitally and physically connected

    Wellbeing: Comprehensive benefit plans; flexible and supportive benefits for work-life balance: flexible vacation, two company-wide Mental Health Days Off; work from another location for up to a total of 8 weeks in a year, 4 of those weeks can be out of the country and the remaining in the country, Headspace app subscription; retirement, savings, tuition reimbursement, and employee incentive programs; resources for mental, physical, and financial wellbeing.

    Culture: Globally recognized and award-winning reputation for equality, diversity and inclusion, flexibility, work-life balance, and more.

    Learning & Development: LinkedIn Learning access; internal Talent Marketplace with opportunities to work on projects cross-company; Ten Thousand Coffees Thomson Reuters café networking.

    Social Impact: Ten employee-driven Business Resource Groups; two paid volunteer days annually; Environmental, Social and Governance (ESG) initiatives for local and global impact.

    Purpose Driven Work: We have a superpower that we've never talked about with as much pride as we should – we are one of the only companies on the planet that helps its customers pursue justice, truth and transparency. Together, with the professionals and institutions we serve, we help uphold the rule of law, turn the wheels of commerce, catch bad actors, report the facts, and provide trusted, unbiased information to people all over the world.

    #LI-LA

    In the United States, Thomson Reuters offers a comprehensive benefits package to our employees. Our benefit package includes market competitive health, dental, vision, disability, and life insurance programs, as well as a competitive 401k plan with company match. In addition, Thomson Reuters offers market leading work life benefits with competitive vacation, sick and safe paid time off, paid holidays (including two company mental health days off), parental leave, sabbatical leave. These benefits meet or exceeds the requirements of paid time off in accordance with any applicable state or municipal laws. Finally, Thomson Reuters offers the following additional benefits: optional hospital, accident and sickness insurance paid 100% by the employee; optional life and AD&D insurance paid 100% by the employee; Flexible Spending and Health Savings Accounts; fitness reimbursement; access to Employee Assistance Program; Group Legal Identity Theft Protection benefit paid 100% by employee; access to 529 Plan; commuter benefits; Adoption & Surrogacy Assistance; Tuition Reimbursement; and access to Employee Stock Purchase Plan.Thomson Reuters complies with local laws that require upfront disclosure of the expected pay range for a position. The location(s) for this role include one or more of the following metro locations: Los Angeles, New York City, San Francisco, Washington, DC. The base compensation range for the role in any of those locations is $192,500 - $357,500. The base compensation range in other locations may vary. This role may also be eligible for an Annual Bonus based on a combination of enterprise and individual performance. Base pay is positioned within the range based on several factors including an individual's knowledge, skills and experience with consideration given to internal equity. Base pay is one part of a comprehensive Total Reward program which also includes flexible and supportive benefits and other wellbeing programs.

    Do you want to be part of a team helping re-invent the way knowledge professionals work? How about a team that works every day to create a more transparent, just and inclusive future? At Thomson Reuters, we've been doing just that for almost 160 years. Our industry-leading products and services include highly specialized information-enabled software and tools for legal, tax, accounting and compliance professionals combined with the world's most global news services – Reuters. We help these professionals do their jobs better, creating more time for them to focus on the things that matter most: advising, advocating, negotiating, governing and informing.

    We are powered by the talents of 26,000 employees across more than 70 countries, where everyone has a chance to contribute and grow professionally in flexible work environments that celebrate diversity and inclusion. At a time when objectivity, accuracy, fairness and transparency are under attack, we consider it our duty to pursue them. Sound exciting? Join us and help shape the industries that move society forward.

    Accessibility

    As a global business, we rely on diversity of culture and thought to deliver on our goals. To ensure we can do that, we seek talented, qualified employees in all our operations around the world regardless of race, color, sex/gender, including pregnancy, gender identity and expression, national origin, religion, sexual orientation, disability, age, marital status, citizen status, veteran status, or any other protected classification under applicable law. Thomson Reuters is proud to be an Equal Employment Opportunity/Affirmative Action Employer providing a drug-free workplace.

    We also make reasonable accommodations for qualified individuals with disabilities and for sincerely held religious beliefs in accordance with applicable law.

    More information about Thomson Reuters can be found on .

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