Analyst, Compensation

1 week ago

Victoria, Canada British Columbia Investment Management Corporation (BCI) Full time

Closing Date: July 28, 2024

THE OPPORTUNITY

Join our team as an Analyst, Compensation, and contribute to the growth of our in-house global compensation capabilities, focusing on Canada, NY, and London. You'll engage in analysis, administration, and design, while gaining valuable experience in compensation structure and administration for the asset management industry. This role requires strong analytical and data management skills.

WHO YOU WILL WORK WITH

The Human Resources (HR) department serves as a strategic business partner, providing HR leadership and acting as a trusted advisor on all people-related matters. The Total Rewards Center of Excellence (COE) oversees the strategic development and administration of compensation, benefits, wellness, global mobility and payroll, working closely with other HR functions to deliver programs that support our employees.

WHAT YOU BRING- 5+ years of HR/compensation experience, preferably in the asset management industry, with a focus on analytics- Advanced knowledge of HRIS and report generation capabilities, including experience with Workday- Expertise in data analysis/visualization with advanced MS Excel skills: complex formulas, pivot tables, look-ups, graphs/tables- Excellent organizational skills and the ability to manage multiple priorities and deadlines within a fast-paced, team environment- Proficient in discreet handling of sensitive personal information and establishing trust- Comfortable with direct communication and presentation skills, engaging with multiple stakeholders, including senior leadership- Problem-solving and decision-making skills to analyze market data, identify gaps, and support compensation design

Preferred:
- Workday Advanced Compensation Module experience- CPHR/CCP designation (or in progress)

WHAT YOU WILL DO

As an Analyst, Compensation, reporting to the Director of Total Rewards, you will:
- Use problem-solving and decision-making skills to analyze market data, identify gaps, and support compensation design- Complete compensation surveys and submissions to market providers- Develop and maintain a process for tracking compensation market data- Review and analyze survey results, identifying gaps in relation to market- Perform cost modeling and forecasting for compensation changes- Prepare documentation for year-end Specified Audit Procedures related to compensation- Manage the annual salary review process- Assist in the year-end incentive plan and bonus calculation process- Provide project coordination support to the Compensation Working Group, ensuring governance and reporting- Identify opportunities to increase efficiency and automation in standard processes- Serve as the point of contact for standard compensation questions- Act as a Subject Matter Expert (SME) for Workday Advanced Compensation and participate in its implementation

WHERE YOU WILL WORK- Work from our downtown Victoria office; relocation support is available if needed

SALARY RANGE

BCI offers a competitive total rewards package which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan and paid time off.

The annualized base salary range for this Victoria-based role is CAD $87,000 to $105,000.

We pay our people competitively in the markets in which we compete for talent and with consideration to internal equity and job structure. We aim for actual pay to be around the median of the market for target or expected levels of performance, and around the upper quartile of the market for excellent performance.

Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to, experience and expertise.

WHY APPLY TO JOIN BCI

With our values as our anchor, it’s our people that help shape employee-focused initiatives and who create the environment we work in each day - all of which further strengthens our culture. BCI has been recognized as one of

Canada’s Top 100 Employers - for the fifth consecutive year
- and has built programs and benefits to support all our employees, including;- Extended health and dental coverage, start on your first day of work. We have you covered- Our telehealth provider- Dialogue
- connects you and your family to virtual healthcare appointments.- Eligibility to the- defined benefit- BC Public Service Pension Plan
- providing you with a secure retirement income.- Time off includes: 20 days vacation, 6 paid sick days, 6 paid personal days, and 2 paid days for volunteering - to support physical, mental, and community health.- Four days in office, with the option to work from home once a week, promoting both a collaborative work culture and a healthy work-life balance.- Annual wellness allowance provided to support an active lifestyle and promote physical well-being while working from home.- On-going learning through our in-house mentoring program, professional dues support, tuition reimbursement, and online and in-house learn

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