- Manage and maintain the compensation structures and administration guide (grading system, job evaluation system, job description policy, promotion policy), aligned with corporate culture and values
- Evaluate and modify existing compensation programs, policies, and procedures, developing and implement new compensation programs aligned with our People Strategy
- Manage and be a subject matter expert in our compensation processes and system, includes salary, bonus, and incentive plans in our HRIS, troubleshooting and resolving system issues as required
- Manage our compensation strategic partner relationships, collaborating with them to identify best practices and emerging trends in the market
- Monitor internal equity & analytics data, prepare reports, presentations for business decision making
- Support the HR Team with recruitment and talent management activities as it relates to compensation
- Provide training to HR Teams on the compensation model and structures ensuring training materials are up to date and current
- Manage our Unified Benefits plan offerings, recommending and implementing changes to ensure we remain competitive in attracting and retaining our people
- Manage our benefits strategic partner relationships, collaborating with them to identify best practices and emerging program trends in the market
- Monitor and analyze government legislation, ensuring compliance to compensation and benefits regulations
- Proactive delivery: Strive to exceed expectations; taking accountability for keeping own performance on track
- Owning your development: Demonstrate a strong commitment to personal learning and development
- Creating personal impact: Show confidence and positive attitude, contributing to the energy of the team
- Aligning self: Organize and prioritize own contribution to the goals and priorities of the team and business
- Rational influencing: Provide compelling business cases and arguments to persuade upwardly and with peers
- Supporting others: Building mutual support and understanding with colleagues
- High quality decision making: Make smart decisions weighing risk and reward to help team/department performance
- Making improvements: Show curiosity in seeking opportunities to make improvements; increasing efficiency, effectiveness and customer success
- Bachelor Degree in Human Resources Management, Business Administration, or a finance-related field, Masters Degree is an asset
- Certified Employee Benefits Specialist, Compensation Management Specialists, or Certified Compensation Professional
- The ideal candidate will have 5+ years of experience as a Compensation & Benefits Manager or in a related role
- Extensive knowledge of benefits and compensation programs, policies, procedures, and applicable legislation
- Experience managing benefits and compensation in HRIS
- Proficiency with MS office tools and advanced proficiency with Excel
- Excellent communication and organizational skills
- Strong analytical, problem-solving, and decision-making skills
- Strong presentation and negotiation skills
- Networking and Influencing skills
- Strong Ethics and Discretion
- Background in finance and analytics
- Experience with Oracle Fusion HCM software
- CPHR certification
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Compensation and Benefits Manager - Saint John, Canada - Ocean Capital Holdings Limited
Description
Responsibilities
:Compensation:
Benefits:
Additional Functions:
Competencies:
Education, Experience, and Skills:
Other Skills which would be considered an asset: