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- Develop and define equitable, competitive, and fair compensation program and policies that fit and are also in accordance with our business goals and strategies
- Provides consultative guidance and recommendations for management, HR Business Partners and recruitment teams on pay decisions to attract, motivate and retain top talent.
- Participate in surveys, research on best practices, tracks current and emerging trends to understand positioning in the competitive market.
- Preparation of regular audits and reports for information storage reasons
- Play a lead role in the administration of various cyclical compensation programs ( bonus and salary reviews), including defining business requirements
- Conduct external market reviews to evaluate compensation competitiveness and provide recommendations to address critical gaps
- Support the on-going job evaluation process and tools, including conducting job evaluations and contributing to process improvements
- Work with the team to evaluate the effectiveness of compensation programs and processes and continually identify and implement improvements
- Closely cooperates and manages the relationship with the external compensation consulting company
- Participates as the team member in the strategic projects and initiatives Experience
- University degree/ College diploma in Business, Human Resources, and related discipline
- 5-7 years of specialized experience in compensation.
- Specialized knowledge of and experience in compensation principles, programs, processes and best practices
- Proven ability to compile, analyze, interpret large amounts of information/data and effectively leverage data to support informed decision making
- High level of accuracy and detail-oriented
- Solid experience analyzing and evaluating job content (ideally via a point-factor Job Evaluation system)
- Experience with HRIS and MS Office, especially MS Excel
- Familiarity with current labor rules/regulations Competencies & Skills
- Strong numerical and quantitative analysis skills
- Excellent MS Office skills (MS Excel, MS PowerPoint)
- Excellent Communication skills
- Strong Negotiation skills
- Strong Time Management skills
- Self-management skills
- Ability to work under pressure and tough deadlines
- Team Player Education
- Degree in business/finance, HR management or other related fields
Compensation Partner - Toronto, Canada - ONxpress Operations Inc.
Description
Job description
Responsibility