Compensation Manager

7 days ago

Toronto, Ontario, Canada Emburse Full time

Job Summary:

The Manager of Global Compensation is responsible for the continued strategic planning, design, and implementation of a comprehensive compensation strategy. This includes developing, managing, and implementing various compensation programs and activities, including base compensation surveys and providing advice on pay decisions and policies specific to our business leaders to understand the strategic direction of the company.

Key Responsibilities:

  • Develop and administer a base pay structure that leverages market data and ensures that Emburse is positioned competitively from a base salary perspective.
  • Lead the development, implementation, management, and administration of compensation programs, policies, and procedures and ensure that they are current, competitive, and in compliance with legal requirements.
  • Develop and manage variable pay programs designed to drive performance and align compensation with company philosophy – this includes the annual bonus program as well as ancillary plans in the customer success team.
  • Analyze internal and external salary statistics, including survey results, to provide recommendations and strategies for changes to salary grades and for the classification of new jobs.
  • Stay current with market trends and ensure compliance with local, state, and federal regulations as it relates to compensation.
  • Stay current with global pay trends and ensure compliance with all regulations as they pertain to Emburse's international offices.
  • Work collaboratively with administrative functions to build support of compensation processes within the framework.
  • Conduct pay equity analyses annually and present findings to executive leadership.
  • Leverage market data and portfolio company intelligence to recommend annual merit budgets.
  • Complete audits to check the integrity of the compensation data.
  • Develop and maintain relationships with compensation vendors, consultants, and third-party administrators to ensure they comply with contract terms and conditions and leverage them to continue to offer high-quality programs and maintain market competitiveness.
  • Ensure data in all HRIS systems is accurate, including base salary, bonus targets, and equity.
  • Administer the equity process including providing equity agreements to new hires, updating the equity management system, and ensuring approvals for equity have been received.

Requirements:

  • Bachelor's Degree in Human Resources, Finance, Business Administration, or related field – or similar level of experience required.
  • Experience with pre-IPO equity, mergers, and acquisitions (M & A), sales rewarding, and/or executive compensation is highly preferred.
  • Demonstrated knowledge in planning, developing, and maintaining salary ranges, incentive plans (both short & long-term including equity programs) and performance management trends.
  • Advanced computer skills, including mastery of Excel and PowerPoint is essential.
  • Strong analytical and creative problem-solving skills including statistical analysis and modeling along with experience evaluating and managing online salary management tools.
  • Ability to work collaboratively and to influence and develop strong cross-functional working relationships with groups such as HR Operations, Talent Acquisition & Finance.
  • Clear communication skills, including an ability for breaking down complex technical concepts and knowledge-sharing.

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