Compensation Manager

2 months ago

Old Toronto, Ontario, Canada Emburse, Inc. Full time
Job Summary

The Compensation Manager will be responsible for developing and implementing a comprehensive compensation strategy that aligns with the company's goals and objectives. This role will involve designing and managing various compensation programs, including base pay, incentive pay, and equity-related programs.

Key Responsibilities
  • Compensation Strategy Development
    • Develop and administer a base pay structure that leverages market data and ensures Emburse is positioned competitively from a base salary perspective.
    • Lead the development, implementation, management, and administration of compensation programs, policies, and procedures, ensuring they are current, competitive, and in compliance with legal requirements.
  • Pay Equity and Analytics
    • 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.
    • Conduct pay equity analyses annually and present findings to executive leadership.
  • Market Research and Compliance
    • 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.
  • Relationship Management
    • 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.
  • HRIS and Equity Administration
    • 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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