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Head of Compensation and Benefits

3 months ago

Brampton, Ontario, Canada Sonepar Full time

About Our Organization:

Sonepar Canada stands as a distinguished family-owned enterprise with a leading position in the global distribution of electrical, industrial, and safety products, along with associated solutions. Our presence in Canada is marked by 9 locally managed distributors and an extensive network of over 100 locations across 8 provinces.

As a proud member of the Sonepar Group, recognized as the largest privately-held distributor of electrical products worldwide, we operate in over 40 countries and employ more than 45,000 individuals.

What We Offer:

Join a market leader with over four decades of expertise, dedicated to unlocking your potential. Be part of the foremost privately held distributor in the business-to-business electrical sector. Engage in the continually evolving electrical industry. Access to the largest inventory, ensuring exceptional service and fulfillment of sales commitments. Opportunities for professional growth across various departments within our organization.

Role Overview:

The Head of Compensation and Benefits will oversee the strategic planning, design, execution, and management of the company's compensation frameworks and initiatives. This position ensures that compensation practices are competitive, fair, and aligned with the organization's objectives. The role requires both strategic development and hands-on support.

Key Responsibilities:

Formulate and execute comprehensive compensation strategies that align with the organization's goals, ensuring competitive and equitable pay structures. Design and manage compensation programs, including salary structures, annual merit increases, bonus schemes, and executive compensation packages. Administer long and short-term equity programs and executive compensation initiatives that enhance company performance. Conduct analyses and benchmarking of compensation data against market standards to maintain competitiveness and regulatory compliance. Ensure adherence to federal and local laws and regulations in all compensation practices. Lead job evaluation processes, including job analysis, job descriptions, and grading systems. Develop and manage the approved compensation budget, ensuring cost-effective resource utilization. Integrate compensation programs with performance management systems to establish a strong connection between pay and performance. Develop and implement communication strategies to ensure employees comprehend the company's compensation philosophy and programs. Provide expert advice and insights to senior management and HR partners on compensation trends and policy recommendations to support strategic planning. Champion robust data collection and analysis processes that support research, market pay equity, and other compensation studies. Collaborate with HR and operational leaders to create and update job descriptions, ensuring accurate reflection of roles and responsibilities for proper compensation alignment. Support annual processes such as salary reviews, bonus distributions, and equity compensation to ensure timely and accurate execution. Prepare detailed compensation reports and presentations for executive leadership, highlighting trends, analyses, and recommendations. Lead special compensation initiatives, including mergers and acquisitions integration, pay equity audits, and the adoption of new compensation technologies. Maintain accurate compensation data and ensure integrity within HRIS systems. Stay informed about regulatory, market, and practice changes and trends.

Qualifications:

Bachelor's degree in Human Resources, Business Administration, Finance, or a related field. A Master's degree or relevant certification (CCP) is preferred. A minimum of 7-10 years of progressive experience in compensation management, including at least 3 years in a leadership capacity. Demonstrated financial acumen and expertise in data analysis and financial modeling. Advanced analytical, problem-solving, and critical thinking skills, with the ability to synthesize input from various sources to develop impactful recommendations. Exceptional communication skills, capable of delivering clear and concise messaging to diverse audiences and presenting complex information effectively. Strong relationship-building and influencing abilities, with a collaborative approach to prioritizing business needs. Proven ability to navigate complex information, conduct environmental scanning, and develop impactful recommendations for business decisions.

Benefits and Perks:

We provide a competitive salary along with a comprehensive benefits package, including: A flexible benefits program tailored to meet the needs of you and your dependents, with options such as Medical, Dental, Vision, Health Spending Account, and RRSP matching. Employee Assistance Program, Tuition Reimbursement, Employee Discounts, and a clear career path. Regardless of your benefits selection, you will receive company-paid Life Insurance and employee-paid disability coverage.

More About Sonepar Canada:

We prioritize sustainability and diversity and inclusion as central elements of our vision and business ethos. Sonepar is recognized as a leader in distributing energy-efficient products, driving the energy transition, and making sustainability a priority. We believe that every action is vital in protecting the environment and are committed to a sustainable future.

We have been acknowledged as a Diversity Leader by the Financial Times' 2024 Diversity Leaders ranking and received GEEIS Certification in 2022. We are an equal opportunity employer, welcoming applications from all candidates. We strive to create a work environment where everyone feels safe, valued, and included. Diversity and Inclusion (D&I) is a key focus of our global strategic impact plan, enhancing our ability to meet the needs of the communities we serve.

We are committed to accommodating all applicants' needs. If selected for an interview, please inform the Sonepar representative of your accommodation requirements. We will work collaboratively with all applicants to address their accessibility needs.

Next Steps:
We are eager to learn more about you. Embark on an exciting career journey with us and enjoy a range of benefits by applying online. While we appreciate your interest in joining our team, only candidates selected for an interview will be contacted.