Compensation Manager - Toronto, ON, Canada - Equinox Fitness Club

Description

Compensation Manager

OUR STORY

Equinox Group is a high growth collective of the world's most influential, experiential, and differentiated lifestyle brands. We restlessly seek what is next for maximizing life - and boldly grow the lifestyle brands and experiences that define it. In addition to Equinox, our other brands, Blink, Pure Yoga, SoulCycle, Equinox Hotels and Equinox Media are all recognized for inspiring and motivating members and employees to maximize life. Our portfolio of brands is recognized globally with locations within every major city across the United States in addition to London, Toronto, and Vancouver.

OUR CODE

We are passionate about high performance living and we practice what we preach – investing time in our own health and fitness.We believe that everyone has untapped potential within them and it takes a disruptive approach to unleash it. We dream big and don't settle for the status quo. We sweat the details . We never accept less than 110% to help each other deliver the Equinox experience and enable our members to get great results. We are obsessed with what's new, what's now, what's next . Never following, always leading, living ahead of the moment in fashion, culture and consumer behavior. We aren't just a company; we're a community vested in each other's success. We value humility and a team approach at every level of the company.

If you are a high performing individual who is passionate about winning and inspiring others then we are excited to discuss career opportunities with you.

Join our dynamic and growing global company as a Compensation Manager

At Equinox, our People & Culture team is committed to attracting, motivating, and retaining top talent. We are seeking a highly motivated individual who is analytical and has a curiosity to create, automate and enhance our compensation practices to contributing to our organizational success.

Role Overview

As a Compensation Manager, you will play a pivotal role in managing compensation programs for both corporate and field employees. Reporting to the Director of Global Compensation, you will be responsible for ensuring that our compensation practices are market-aligned, fiscally responsible, and internally equitable. This role will play a key part in scaling our compensation practice as our organization continues to grow and will involve collaborating with various departments to streamline processes, develop guidelines, and support the execution against key pillars of our Win with Talent strategy.

Key Responsibilities

• Develop, implement, and administer compensation programs, practices, and procedures
• Manage the planning and execution of annual review cycle – merit, promotion, corporate bonus accrual and payout calculation, system management, manager training and communication
• Oversee the administration and governance of incentive compensation processes, including documentation, tracking, and reporting
• Conduct job evaluations, internal equity analysis, data modeling, and reporting to support corporate and field compensation programs
• Serve as a key resource for compensation data requests and support the new hire offer approval process; advise People & Culture Business Partners on compensation decisions and policy interpretation
• Manage compensation survey data submission; conduct ad hoc market research as needed
• Support development of internal salary structures and guidelines, ensuring internal equity and market competitiveness
• Assist with short- and long-term incentive programs
• Manage recurring equity processes, including monthly equity approvals and terminations and serve as the first point of contact for equity questions from current and former employees
• Collaborate with internal stakeholders to create/modify, evaluate, and implement compensation policies and procedures
• Keep abreast of compensation trends and developments in compensation practices and regulations; proactively recommend enhancement or adjustment as needed; ensure compliance with local, state, and federal wage laws
• Support the Director with change management efforts associated with new compensation program initiatives and process improvements
• Manage a Compensation Analyst, providing supervision, guidance, and development support

• Bachelor's degree in human resources, finance, accounting, or equivalent experience
• Minimum 5 years of experience with at least 2 years managing annual compensation cycle, preferably at a manager level; minimum 1-year supervisory experience
• Experience supporting LTI and equity plans is a plus
• Experience with Microsoft Office Suite with advanced Excel skills required; experience with VBA or Macro is a plus
• Ability to reconcile large quantities of data, ability to apply analytics to recommend solutions and drive informed decision making
• Experience with HRIS systems; working knowledge of UKG and Shareworks is a plus
• Ability to work independently and collaboratively
• Ability to apply sound judgment and discretion working with highly confidential and sensitive information
• Excellent organizational and project management skills with a strong attention to detail
• Ability to manage multiple, high priority tasks and projects simultaneously and adjust to shifting priorities, while meeting deadlines
• Excellent verbal, written communication and presentation skills required

Who You'll Work With

• Reporting to Director of Global Compensation
• Managing a Compensation Analyst
• Collaborating with the entire People & Culture Team
• Working cross-functionally with Finance and Legal

Pay transparency: Salary ranges from $130,000 to $140,000 (salary to be determined based on multiple factors such as applicant's relevant experience, specific listed skills and abilities, internal equity and market data)

• AS A MEMBER OF THE EQUINOX TEAM YOU WILL RECEIVE:
• We offer competitive salary, benefits and industry leading commission opportunities for club employees
• Complimentary Club membership
• 30- 50% discounts on all Equinox products and services including Personal Training, Private Pilates, Spa and Café' services and Shop items

This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements. Other duties not listed here may be assigned as necessary to ensure the proper operations of the department.

Equinox is an equal opportunity employer. For more information regarding our career opportunities, please visit one of our clubs or our website at

All your information will be kept confidential according to EEO guidelines. Must have a legal right to work in the United States.