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Total Rewards Manager

2 months ago

Toronto, Ontario, Canada Summit Search Group Full time
About Our Client

Summit Search Group is a leading recruitment firm in the financial services industry.

Job Summary

We are seeking an experienced Total Rewards Manager to lead our compensation and benefits team. The successful candidate will be responsible for developing and implementing total rewards strategies that align with our organization's goals and objectives.

Key Responsibilities
  • Lead the Total Rewards Team
    • Manage, train, guide, and mentor a team of total rewards professionals
  • Total Rewards Programs
    • Oversight of compensation, group benefits, pension, and other rewards & recognition programs
    • Compensation: manage and oversee the annual compensation review process, benchmarking studies, compensation projection surveys, pay equity analysis, organizational structure recommendations
    • Group Benefits: lead the annual benefit renewal process, benchmarking of plan designs & recommendations for changes
    • Pension Plan: work with internal pension plan administrators to help manage the defined benefit (DB) pension plan, and other financial benefits
    • Other Rewards & Recognition programs: design and lead the service milestone program, peer recognition platform, paid time off policy, wellness initiatives and other recognition programs
    • Oversight of employee leaves (disability management, absence management, personal leaves of absence, etc.) with support from the Wellness & Total Rewards Specialist and external vendors
    • Track program metrics and conduct research to make data-driven recommendations to senior leadership as it relates to total rewards
    • Conduct job evaluations for net new positions and keep internal job databases up to date
    • Lead requests for proposals (RFPs) and implementation projects for the various programs within total rewards (group benefits providers, recognition platforms, perk providers, etc.)
    • Vendor management including maintaining relationships with account executives and escalation of service issues
    • Partner with internal stakeholders to implement strategies to elevate the total rewards program
    • Maintain expertise of legislative changes and industry trends in total rewards via strategic networking, research and thought leadership events
    Requirements
    • Undergraduate degree in Human Resource, or a college diploma / an undergraduate degree with post-graduate studies in Human Resources Management
    • Seven years of professional level experience in a combination of human resources, compensation, benefits, pension, and wellness
    • CEBS, CHRP or CHRL designation an asset
    • Deep understanding of HR policies and procedures
    • Excellent interpersonal, written, and verbal communication skills are essential
    • Ability to lead meetings and presentations, and ability to interface and influence all levels of staff with professionalism, tact, and diplomacy
    • Must be a collaborative team player, possess a strong customer service orientation, and be an agile and consultative problem solver
    • Demonstrated track record of developing innovative approaches backed by industry research
    • Superior organizational, project management and analytical skills
    • Must demonstrate the organization's Core Values of Integrity, Teamwork, and Impact