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Director of Compensation and Benefits
3 months ago
The ideal candidate will be responsible for designing, implementing, and managing compensation and benefits programs to ensure they align with large organizational goals and market standards. This role requires strong leadership skills as well as experience with the Hays methodology and proficiency in Workday.
Director of Compensation and Benefits Responsibilities:
- Compensation Strategy and Management:
- Develop and execute comprehensive compensation strategies that attract, motivate, and retain top talent.
- Conduct market analysis and benchmarking using the Hays methodology to ensure competitive pay structures.
- Oversee the annual salary review process, ensuring alignment with budget and market trends.
- Manage job evaluation and classification processes.
- Benefits Administration:
- Design and manage a competitive benefits program that meets the needs of employees and aligns with company objectives.
- Evaluate and select benefit vendors, negotiate contracts, and manage relationships with third-party providers.
- Ensure compliance with all relevant laws and regulations related to employee benefits.
- HR Systems and Reporting:
- Utilize Workday to manage and analyze compensation and benefits data.
- Ensure the integrity and accuracy of HR data in Workday.
- Generate regular and ad hoc reports to inform decision-making and provide insights to senior management.
- Policy Development and Compliance:
- Develop and update compensation and benefits policies and procedures.
- Ensure compliance with provincial laws and regulations.
- Provide guidance and training to staff and managers on compensation and benefits-related matters.
- Employee Communication and Support:
- Exceptionally strong leadership skills with the ability to nurture team talent, provide constructive feedback and coaching, manage performance, and achieve results through team collaboration.
- Address employee inquiries and provide support regarding compensation and benefits issues.
- Conduct regular training sessions and informational meetings on benefits programs.
- A Bachelors degree in Human Resources, Business Administration, or a related field
- 7-10 years of experience in compensation and benefits, with at least 5 years in a leadership role.
- Expertise in the Hays methodology for job evaluation and market analysis is required.
- Proficiency in Workday HRIS is required.
- Demonstrated ability to develop and implement innovative compensation and benefits solutions that drive employee engagement and support the company's strategic objectives, while also mentoring and guiding a team to ensure their professional growth and success programs to employees effectively.
- Excellent communication and interpersonal skills with strong business acumen
- Demonstrated ability to develop and implement strategic compensation and benefits programs for large organizations.
- Knowledge of relevant regulations and compliance requirements.
- Certification in Compensation and Benefits (CCP) is a real asset for this role.
- Proven track record of managing complex compensation and benefits projects for a large organization with a strong focus on process and system enhancements and managing a large team.
- Competitive salary
- Comprehensive benefits package
- Generous holidays and time off
- This is an in-office position with flexibility
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