Compensation Specialist

3 weeks ago

Old Toronto, Canada Broadstreet Properties Ltd Full time
Job Summary:
The Compensation Specialist provides analytical, technical and administrative expertise to the Manager, HR Programs in the implementation and maintenance of compensation policies, programs, and systems. The Compensation Specialist will provide guidance and support as it relates to compensation policies and practices, salary reviews, job evaluation, incentive programs, and other compensation-related projects. Responsibilities:
  • Conduct research and analysis to determine competitive salary ranges for positions within the organization based on industry standards and market trends.
  • Implementation and maintenance of job evaluation tools, including job levelling/grades
  • Develop and implement compensation structures, including incentives and benefits to attract talent while aligning with organizational goals and budgets
  • Coordinate and collaborate with the Payroll team to ensure timely and accurate processing of salary adjustments.
  • Stay abreast of federal and provincial regulations and legislation related to compensation to ensure policies and practices remain compliant with requirements.
  • Communicate and guide compensation policies, practices, and changes effectively to employees and managers.
  • Analyze compensation data and metrics to identify trends, opportunities for improvement, and areas of concern
  • Facilitate the annual salary review process by providing guidance and support to Senior Managers to ensure equitable distribution across the organization.

Job Requirements:

  • 3-5 years experience in compensation roles
  • College or university education in Human Resources, or a related field
  • Certified Compensation Professional (CPP) designation, or in progress would be considered an asset
  • Experience with job design and compensation structures
  • Experience conducting compensation research, including market salary information; analyzing data; and providing recommendations
  • Experience supporting and contributing to projects and strategic initiatives
  • Extensive knowledge of compensation best practices, policies and procedures
  • Experience working with HRIS

Why Broadstreet?
Broadstreet Properties Ltd. is a family-owned and operated property management company, partnered with Seymour Pacific Developments, that manages multi-family residential communities. We are a growing organization made up of diverse team members who are motivated to continuously innovate our approach to asset management. We consider employee wellbeing a priority and are dedicated to protecting the health and safety of our teams while ensuring a workplace that is respectful of everyone.

Broadstreet Properties Ltd. practices equal opportunity hiring and onboarding processes to ensure equal access and participation for everyone. We understand that we have a responsibility to ensure a safe, dignified, and welcoming environment and we are committed to creating an inclusive environment for all employees irrespective of race, colour, religion, sexual orientation, gender identity, or any other status protected by law. We believe in integrating people with disabilities into our workforce by removing barriers and meeting accessibility needs.

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