Compensation Analyst
7 months ago
**Job Title: Compensation & Benefits Coordinator**
**Department: People and Culture**
**Location: Edmonton, AB, or Toronto, ON**
**Classification: Full Time, Onsite - Travel required up to 10% of the time**
**Position Summary**:
The Compensation & Benefits Administrator coordinates and manages the employee compensation and benefits programs, ensuring both are strategically aligned to support the goals and values of AutoCanada. Incumbent shall identify job requirements, evaluate positions, determine appropriate benchmarks, and maintain job descriptions to ensure the company is competitive with compensation. Similarly, incumbent shall work with vendors to manage plans, identify market trends, evaluate employee needs, and ensure compliance of benefit plans.
**Responsibilities**:
- The Compensation & Benefits Administrator coordinates and manages the employee compensation and benefits programs, ensuring both are strategically aligned to support the goals and values of Schwartz Farms
- Incumbent shall identify job requirements, evaluate positions, determine appropriate benchmarks, and maintain job descriptions to ensure the company is competitive with compensation
- Work with vendors to manage plans, identify market trends, evaluate employee needs, and ensure compliance of benefit plans
- Prepare and maintain job descriptions for each position in the organization; ensure descriptions accurately reflect work classification (exempt/nonexempt) and the work performed, and that jobs are properly grouped within SFI's position grids
- Perform job analysis, including but not limited to interviewing and surveying employees and managers to gather and evaluate job and occupational demands including duties, responsibilities, and skills
- Research and compare compensation plans offered by demographically comparable organizations; assess competitor plans and make recommendations for improvements required to maintain competitiveness and effectiveness
- Maintain knowledge of economic conditions, labor markets, and other factors related to ensuring the organization provides competitive and reasonable compensation scales and structures
- Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position; participate in salary surveys
- Assess and analyze compensation trends in marketplace
- Prepares and maintain annual budgets, salary bands and merit increase guidelines
- Conduct data to be used in employee performance reviews
- Conduct focus groups to collect employee feedback on issues or topics related to benefits
- Perform audits and reporting, including 401(k) audits, ACA reporting, etc
- Ensure compliance with the applicable provisions of COBRA, HIPAA, and ERISA
- Demonstrate Schwartz Farms' values of integrity, respect, excellence, innovation and adaptability
- Advocate and engage in SFI's animal welfare policy, including promoting animal well-being, remedying circumstances which impede animal care, and properly reporting instances of mistreatment or abuse
- Review bonus and reward programs for competitiveness and appropriateness
- Research employee benefits in similar industries, geographic regions and employer size; based on findings, recommend changes or updates to the company's existing benefits or policies
- Work with insurance brokers and investment planners to create competitive, cost-effective benefits packages for the organization
- Determine implementation and enrollment for insurance and retirement plans for new hires and during open enrollment
- Administer employee benefit programs including 401(k), life, disability, and health insurance plans
- Advise and inform employees of changes and developments related to benefits including eligibility, coverage, and provisions
- Identify and select carriers and plans based on quotes, available benefits, and prior experience
- Organize, plan and conduct benefit meetings
- Additional duties may be assigned as they arise
**Qualifications**:
- Bachelor's degree in Business Administration, Human Resources, or Accounting
- Ability to use spreadsheets and reporting documents that assist with the computation of data
- Amazing customer service skills required; ability to address questions or concerns and follow up in a timely manner
- Excellent interpersonal skills and communication skills (written and verbal)
- Proven ability to work in a fast-paced environment with the ability to quickly change focus as needed
- Ability to manage multiple projects and remain flexible
- Strong work ethic with dedication to seeing tasks through to the end
- Self-starter attitude and motivated to take initiative
- Ability to learn on the job, create policies, and follow procedures
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