Compensation Specialist

3 weeks ago

Mississauga, Canada Mercedes-Benz Canada Full time

Compensation Specialist

Group: Mercedes-Benz Group AG

Description

**Compensation Specialist**: Mercedes-Benz Canada needs stars like you

**What it means to be a star**

Without the stars that represent a team, a brand alone is incomplete.

Mercedes-Benz Canada represents not only the world’s oldest automotive brand, but one that is at the cutting-edge of sustainability, design, technology, fashion and popular culture.

The iconic three-pointed star is always looking for the best and brightest to support its growth as a true luxury brand.

We are seeking individuals who want to be in the driver’s seat of this transformation, working alongside talented colleagues who represent the Mercedes-Benz values and who are ready to add their talent to the brand’s ever-evolving story.

**How your role will add to the story**:
This role is responsible for maintaining MB Canada’s competitive position by compiling relative market data and participating in the design and development of compensation programs and processes, ensuring proper administration, communication and compliance with corporate compensation policies and procedures, as well as developing management and employee communications on all compensation plans and programs. As the main point of contact on all compensation related matters to Executive team, Senior Management/Manager/Supervisors, this role is responsible for providing consultation and advice, as well as preparing ad-hoc reports, projects and providing insight on pay topics.

**A day in the life**
- Managing and administrating the annual and quarterly bonus programs and the annual merit process for all employees. Ensure incentive pools and pay spend align with appropriate performance levels for all employee groups and align with budgets determined by Mercedes-Benz AG.
- Developing employee and management communications regarding compensation topics and changes.
- Provide recommendations to the HR team regarding the design of compensation programs and policies based on market data, surveys, and best practices. Ensure these programs are aligned with business strategies.
- Manage job evaluations process and administration of salary structure, job scale, and make recommendations relating to employee salaries etc.
- Ensure compensation goals are achieved and MB Canada remains in a favourable competitive position by participating and purchasing appropriate salary surveys.
- Prepare statistical analysis of market data and charts to support recommendations for band ranges and market reference points.
- Ensure compliance with Mercedes-Benz’s corporate compensation policies, federal and provincial legislation and other Mercedes-Benz Canada policies.
- Ad-hoc reporting and special projects/analysis for the leadership team.
- Responsible for HR data analysis, manage local HR reporting and reporting to Mercedes-Benz AG.
- Collaborate with controlling department throughout the year to provide personnel cost planning, reporting and adjustments based on the organizational structure and other various changes.
- Manage compensation related employee programs such as tuition reimbursements, boot allowances, tool allowances, etc.

Mercedes-Benz Canada is committed to fostering an inclusive, equitable, and accessible environment where all employees and customers feel valued, respected, and supported. While we thank every applicant for their interest in joining our iconic brand, we will only contact applicants selected for an interview.

**Testimonials from several Mercedes-Benz Canada stars, from an intern to an executive**:
“Mercedes-Benz is more than a car brand; it’s a futuristic, technological brand continuing to research and evolve its strategy as a digital and luxurious company, all while championing sustainable initiatives.”

“This company grants its members the opportunity to professionally grow and discover the extent of the brand and its presence in all countries. You are granted the opportunity to drive innovation in several sectors, as this company allows you to take your career wherever you like with our very robust framework of opportunities, whether it’s rotations, international assignments, education programs and more.”

“As an intern, I feel a great sense of responsibility and accountability at Mercedes-Benz. The high level of responsibility and contribution found in our internship programs is unlike my experience anywhere else.”

“Most people, if not everyone, seek a great balance of life at work and outside of it. At Mercedes-Benz, not only does your work life grant you exciting opportunities, but you are also afforded great understanding of your time outside of work - including the right to disconnect.”

“Working for Mercedes-Benz, it’s certainly the brand and the pillars - but at the end of the day, once you’re in, it’s about the people, the experience, diverse cultures and backgrounds, everyone’s experience driving in one direction.”

**Qualifications**:
*

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