Compensation Analyst

6 months ago

Winnipeg, Canada Manitoba Public Insurance Full time

Overview:
Reporting to the Manager, Total Rewards, the Compensation Analyst is responsible for providing consultation, guidance, analysis and recommendations related to compensation and salary administration. The position performs and conducts compensation reviews and analysis, including job evaluation, salary administration, and supports salary survey participation. The Compensation Analyst works to build positive working relationships with HR and business leaders to provide positive, collaborative support and build trust in our compensation practices and policies.

**Responsibilities**:

- Conducts job evaluation reviews of positions across the corporation, ensuring integrity of the system and internal equity.
- Builds positive working relationships with business leaders and peers to obtain buy in and support of compensation activities.
- Works to drive education and comprehension of compensation practices and processes across the organization.
- Works closely with HR business partners and business leaders to review compensation issues and recommend potential solutions.
- Compiles market benchmarking analysis to ensure market data aligns to job evaluation outcomes.
- Provides advice and consult on wage and salary administration according to practices.
- Engages with union representatives on changes related to compensation and obtain agreement.
- Conducts audits to ensure accurate salary administration practices are followed in accordance with our collective agreement and established guidelines.
- Provides support in executing of the annual corporate-wide compensation-related activities, including merit and general wage increases.
- Leads completion and analysis of relevant compensation surveys and benchmarking processes ensuring accuracy and adherence to deadlines.
- Supports the People & Culture division to understand practices and processes related to compensation and salary administration, with the goal of providing consistent and equitable service across the corporation.
- Participates in process reviews and improvement activities.
- Recommends solutions for business problems by conducting business case analysis, researching and documenting business processes and cost/benefit analysis.
- Prepares clear, concise reports and/or presentations outlining findings and provide recommendations to drive decision making.
- Liaises with providers of services and other MPI departments, to elicit, analyze, communicate and validate requirements for changes to business processes, policies and information systems.
- Assists in the creation of associated procedures, documentation, and devises effective and efficient approaches to achieve HR objectives.
- Builds positive working relationships with vendors and compensation professionals outside of the organization.
- Conducts comparative and cost analysis, including data collection, qualitative and quantitative analysis.
- Stays informed of best practice and industry trends to provide insight and ideas on enhancements to remain competitive.

Qualifications:

- Degree in a related field, with additional education in the area of compensation.
- Designation in compensation (i.e. Certified Compensation Professional (CCP) or Compensation Certification) or currently enrolled in the program is an asset
- Chartered Professional in Human Resources (CPHR) designation is an asset
- Five years of human resources experience, including two years directly related to compensation and salary administration

Employee Benefits:
**Health benefits**

We offer a comprehensive health benefits program that includes:

- flexible health, dental and vision plans
- health spending account
- travel health coverage
- other extended health benefits such as ambulance, massage and physiotherapy

**Financial security**

In an effort to support financial security, we offer:

- registered pension plan
- group, dependent, and optional life insurance coverage
- critical illness insurance
- sick leave to cover short-term disability
- long-term disability

**Wellness**

We offer programs that focus on how to better achieve a balance between work and personal commitments, as well as maintain a healthy workplace culture. This includes:

- vacation entitlement
- flexible work arrangement for eligible positions
- maternity, parental and adoptive leaves
- bereavement and family responsibility leaves
- employee and family assistance program
- mental-health programming
- lunch-and-learn offerings
- discounted gym memberships and wellness account

**Diversity and inclusion**

Manitoba Public Insurance believes that diversity and inclusion strengthens us. We consider ourselves to be a barrier-free organization where individual values, beliefs and practices are respected and appreciated for the diversity they bring to our work life.

**Employee recognition**

It’s important to recognize our employees for their contributions. Not only do we recognize employees as they achieve milestone years in their careers, we also

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