Compensation Manager
4 weeks ago
At CP, we are seeking a highly skilled Compensation Manager to lead our compensation team in supporting our North American railroad network. As a key member of our HR team, you will be responsible for providing leadership and guidance on compensation-related matters, including day-to-day administrative tasks, job evaluations, salary recommendations, equity plan management, market analysis, and benchmarking.
Key Responsibilities:- Lead a team of compensation professionals to ensure our compensation offerings are competitive and aligned with industry standards.
- Provide leadership and guidance on compensation-related matters, including day-to-day administrative tasks, job evaluations, salary recommendations, equity plan management, market analysis, and benchmarking.
- Champion the annual compensation review process, including salary planning, incentive awards, equity grants, compensation system updates, and communication.
- Analyze compensation data and trends to make informed recommendations for improvements and adjustments to compensation plan elements.
- Collaborate and build positive relationships with internal and external stakeholders to deliver compensation strategies that support business objectives.
- Partner with the HR data team to ensure accurate and timely administration of compensation plans within current systems.
- Support the preparation of company public disclosure materials and administration of executive compensation programs.
- Support special projects as needed, including in-country total rewards design and pay equity.
- Monitor compliance with legislation and compensation policy, and document changes to existing policies.
- Undergraduate degree in Human Resources, Finance, or other relevant fields.
- Minimum 5-7 years in a compensation role or 7+ years of work experience in HR or a related role.
- Certified Compensation Professional (CPP) designation is an asset.
- Demonstrated people leadership experience and capacity to mentor and grow a team.
- Proficient in SAP, SAP Ad-hoc Query, Spinifex, and Advanced skills in MS Office – Excel and PowerPoint. SuccessFactors experience is an asset.
- Possess excellent verbal and written communication skills.
- Strong analytical, problem-solving, judgment, and decision-making skills.
- Working knowledge of long-term incentive design and administration, performance-based compensation systems (SuccessFactors), and market-based pay structures.
- A demonstrable drive to understand and solve complex problems.
- Solution-focused – take initiative, enjoy the challenge of problem-solving.
- Attention to detail, critical thinking, respect for deadlines with accurate/quality results, are a must.
- Experience with total rewards programs and employment regulations in Canada, United States, and Mexico is an asset.
- Capable of working in a fast-paced environment with changing priorities.
- Excellent organizational and time management skills with the ability to handle changing competing priorities and fluctuating workloads.
- Flexible and competitive benefits package.
- Competitive company pension plan.
- Employee Share Purchase Plan.
- Performance Incentive Program.
- Annual Fitness Subsidy.
- Part-time Studies Program.
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