Compensation and Benefits Specialist

2 months ago

Toronto, Ontario, Canada IKO Full time
Compensation and Benefits Specialist

We are seeking a skilled Compensation and Benefits Specialist to join our HR team at IKO Industries Ltd. in Toronto, ON or Mississauga, ON. In this role, you will develop and implement competitive compensation and benefits programs in Canada and the US to attract and retain top talent.

Key Responsibilities:
  • Develop and implement total rewards strategies for the organization, including compensation, benefits, and wellness elements.
  • Lead the job evaluation process, including maintaining job descriptions and establishing classifications based on the job evaluation system.
  • Benchmark jobs against survey data and other market intelligence to determine competitive pay for jobs.
  • Provide analytical support and recommendations to local client-facing HR and Talent Acquisition on compensation-related events.
  • Prepare and present job and total rewards analysis requested by the business.
  • Gather data from market-based surveys and assess market trends, prepare analysis of findings, and propose recommendations.
  • Review compensation and benefit trends in Canada and the US to understand the markets, assess strategies, and propose recommended courses of action.
  • Collect data and perform cost analysis to be used for employee negotiations and collective bargaining.
  • Support the annual compensation cycles across North America.
  • Develop and document total rewards procedures to streamline processes and ensure regulatory compliance.
Requirements:
  • Minimum 5 years' experience working in a similar role dedicated to Total Rewards, including job evaluation, benefits design, and administration in a complex organization.
  • Bachelor's degree in Human Resources, Business Administration, or a related field.
  • Relevant certification such as CEBS, CCP, CHRP, CHRL is highly preferred.
  • Extensive knowledge of designing and managing compensation and benefits programs.
  • Strong knowledge of MS Office, including Excel, and HCM, preferably Workday.
What We Offer:
  • Competitive compensation and benefits package.
  • Opportunity to work with a long-standing and stable industry leader.
  • Chance to develop and implement total rewards strategies that drive business results.

IKO Industries Ltd. is an equal opportunity employer committed to diversity and inclusion. We welcome applications from people with disabilities and offer accommodations on request for candidates taking part in all aspects of the selection process.

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