Total Rewards Specialist

3 weeks ago

Vancouver, Canada Newcrest Mining Full time

Work type- PERMANENT - FULL TIME- Location- VANCOUVER OFFICE- Applications close- 8 SEP 2023Welcome to Newcrest

Newcrest is one of the world's largest gold mining companies. As a global business, we aim to create a diverse and inclusive environment where everyone feels safe, valued, and supported to bring their whole unique self to work.

We recognize that our different backgrounds and perspectives help us find better ways to: solve problems; attract and retain the best people; explore, develop, and produce more gold safely and profitably; and help make Newcrest a better place to work.

The Opportunity

The Total Rewards Specialist plays a key role in carrying out, administrating and providing guidance on different aspects of the Corporate compensation programs, while ensuring that the Total Rewards program and overall compensation maintains alignment, and the desired philosophy, within a constantly changing external market. These programs will include and not limited to: variable pay, retirement plans, health benefits, EAP, special allowances, and others.

Incumbent will work closely with the Global Performance & Rewards team and regional HR departments, towards standardization and compliance to the relevant legislative requirements and Corporate standards.

Acting as an internal advisor on all projects/initiatives with a compensation and benefits impact involving interaction with staff at all levels.

Administer and deliver Total Rewards policies, procedures, and programs
- Prepare total rewards analyses reports, including compensation and benefits
- Prepare Total Rewards communication documents and supporting material
- Assist in preparation of termination packages for senior management roles only
- Perform audits of compensation programs, including quality of personal/individual scorecards used for bonus purposes
- Perform internal equity reviews
- Participate in industry networking groups
- Complete special ad hoc projects and analysis as requested

Provide recommendations related to compensation and classification
- Conduct job evaluations and analyses and set remuneration for new jobs
- Benchmark jobs against market survey data to determine competitive compensation for each position, as well as taking into account internal relativities
- Provide recommendations and consultation on issues related to compensation and benefits, including the link between performance and variable pay

Lead all aspects of the annual Total Rewards cycle for region
- Assist in the execution of the annual merit increase cycle
- Assist in the processing of the annual short-term incentive plan payment
- Participate in audit reporting
- Support/drive implementation, administration and communication of regional pay structures, including share plans and/or gainshare incentives, as required

Lead Benefit Plan management
- Oversee the benefit plan for the Company in Western Canada
- Prepare Benefit plan communication documents and supporting material
- Communicate the Benefit plan options, features and enrollment requirements
- Research employee benefits in like industries, based on findings, recommends changes or updates to the Company’s existing plan
- Work with insurance brokers and investment planners to create competitive, cost-effective benefits packages for the Company
- Prepare ad hoc reports for management to support operations and strategic decision-making

Other duties as assigned

About You

Position requirements include, but are not limited to:

- Post-secondary education in Business or a related discipline
- Hold or working towards a CCP (Certified Compensation Professional) or CMS (Compensation Management Specialist) designation, considered an asset
- Minimum three years of experience in administrating a Compensation/Total Rewards programs and/or Benefits plans
- Minimum five years of experience in Human Resources
- Focus on health, safety and the environment
- Focus on colleagues, communities and stakeholders
- Lead for results
- Think and act both regionally and globally
- Ability to perform complex compensation analysis
- Knowledge of compensation & benefits reporting tools
- Demonstrated experience in a similar role with specific knowledge of compensation theory and practices
- Strong interpersonal and communication skills
- Exceptional customer service skills
- Strong time management and project planning skills
- Strong analytical and problem-solving skills

What We Offer

All our team members are rewarded with a host of great benefits, including:
- Extended Health and Dental benefits and insurance for eligible employees
Competitive salary commensurate with experience, skills, and qualifications
Ongoing training with continuous growth and development opportunities

Our Commitment to You

At Newcrest, we hold core values that focus on caring about people, working together, and achieving a high-performance culture through innovation and problem solving.

Newcrest’s commitment to diversity and inclusion res

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