Senior Compensation and Benefits Lead

3 weeks ago

Old Toronto, Canada Alphawave IP Inc Full time

Senior Compensation and Benefits Lead page is loaded Senior Compensation and Benefits Lead Apply locations Toronto time type Full time posted on Posted 4 Days Ago job requisition id JR100322

The Opportunity


We're looking for the Wavemakers of tomorrow.

Alphawave Semi enables tomorrow’s future by accelerating the critical data communication at the heart of our digital world – from seamless video streaming to AI to the metaverse and much more. Our technology powers product innovation in the most data-demanding industries today, including data centers, networking, storage, artificial intelligence, 5G wireless infrastructure, and autonomous vehicles. Customers partner with us for mission-critical data communication, our innovative technologies, and our proven track record. Together, we enable the next generation of digital technology.

Senior Compensation and Benefits Lead

The Opportunity

As a Senior Compensation and Benefits Lead, you will play a crucial role in designing, implementing, and administering compensation and benefits programs within our organization. You will work closely with HR, finance, and other departments to ensure that our compensation and benefits packages are competitive, compliant, and aligned with our business objectives. Your expertise will contribute to attracting, retaining, and motivating top talent while promoting employee satisfaction and organizational success.

What You'll Do:

  • Design, develop, and implement compensation and benefits strategies, policies, and procedures in alignment with organizational goals and industry best practices.
  • Work closely with the HRIS and Finance teams to support the successful integration of compensation and benefits processes within HR/Finance systems and platforms.
  • Conduct market research and benchmarking to analyze compensation trends and ensure our compensation packages remain competitive.
  • Manage the annual salary review process, including merit increases, promotions, and bonuses, ensuring fairness and consistency across the organization.
  • Administer employee benefits programs, including health insurance, retirement plans, wellness initiatives, and other perks.
  • Collaborate with external vendors, brokers, and consultants to evaluate and negotiate benefit plan options and costs.
  • Provide guidance and support to HR and management on compensation and benefits-related matters, including job evaluations, salary offers, and compliance issues.
  • Ensure compliance with all relevant laws, regulations, and reporting requirements in each country related to compensation and benefits, such as FMLA, FLSA, and ACA.
  • Analyze and interpret compensation and benefits data to generate insights and recommendations for improving program effectiveness and cost efficiency.
  • Develop and deliver training programs and communications to educate employees about compensation and benefits offerings and changes.
  • Handle employee inquiries and concerns regarding compensation and benefits with professionalism, confidentiality, and empathy.
  • Provide compensation analysis to the executive team.

This job description is intended to convey information essential to understanding the scope of the position and is not an exhaustive list of skills, efforts, duties, responsibilities, or working conditions associated with it.

What You'll Need:

  • Bachelor's degree or Certificate in Human Resources
  • 10+ years of experience in compensation and benefits administration.
  • In-depth knowledge of compensation structures, incentive plans, benefits programs, and relevant regulations (e.g., ERISA, HIPAA, IRS guidelines).
  • Strong analytical skills with the ability to interpret data, identify trends, and make data-driven recommendations.
  • Proficiency in HRIS and compensation management systems, as well as Microsoft Excel for data analysis and reporting.

It'd Be Amazing If You Had

  • Experience working with Workday
  • Administer & manage benefits

"Hybrid work environment"

As part of our commitment to the well-being and satisfaction of our employees, we have designed a comprehensive benefits package that includes:

  • Great compensation package
  • Health Insurance
  • Retirement Savings
  • Paid time off

Diversity & Inclusivity

Alphawave Semi is based out of one of the most diverse countries in the world. This includes differences related to race, ethnicity, national origin, gender, gender expression and presentation, sexual orientation, religion, age, ability and socioeconomic status. To us, diversity is one our strongest assets to our organization. We commit ourselves to promoting the recognition and appreciation of our diverse and rich culture. We believe that it is critical to our success to promote freedom of thought and opinion in a respectful environment. The decisions we make are rooted by respectfully considering each other’s thoughts and opinions and by working towards a greater common goal.

Accommodation

Alphawave Semi is an equal opportunity employer and welcomes applications from all qualified individuals, including visible minorities, Indigenous People, and persons with disabilities. We welcome and encourage applications from people with disabilities. If as a qualified job applicant, you request accommodation, Alphawave Semi will consult with you to provide reasonable accommodations according to your specific needs. If you wish to make a request, you will be provided an opportunity if you’re applications is selected to proceed in our hiring process.

BannerAbout Us

Alphawave Semi enables tomorrow’s future by accelerating the critical data communication at the heart of our digital world – from seamless video streaming to AI to the metaverse and much more. Our technology powers product innovation in the most data demanding industries today including data centers, networking, storage, artificial intelligence, 5G wireless infrastructure, and autonomous vehicles. Customers partner with us for mission critical data communication, our innovative technologies, and proven track record. Together, we enable the next generation of digital technology.

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