Senior Compensation and Benefits Specialist

17 hours ago

Old Toronto, Canada Tbwa ChiatDay Inc Full time

Banyan Software, a leading provider of permanent homes for successful enterprise software companies, is seeking an experienced Senior Compensation and Benefits Specialist to join our dynamic team. This role offers a unique opportunity to work in a fast-paced environment, collaborating with key stakeholders to design a competitive and equitable compensation program.

Compensation Strategy

The ideal candidate will possess a strong understanding of global compensation practices, tax, and regulatory compliance, with experience managing both US and Canada benefits preferably. They will be responsible for developing and implementing competitive global compensation strategies that ensure fairness, equity, and alignment with company objectives.

Key responsibilities include:

  • Global Market Analysis: Conduct regular market analyses to benchmark compensation packages and ensure competitiveness across all geographies, especially the US and Canada.
  • Compensation Program Design: Collaborate with senior leadership to align compensation programs with business goals, tailoring solutions to company needs and providing insights to HQ leaders based on market trends and internal data.
  • Expatriate Compensation: Manage expatriate compensation programs, including relocation packages and allowances, in close collaboration with HR, Talent Acquisition, and Legal teams.
Benefits Management

The successful candidate will oversee the design, communication, and administration of global employee benefit programs, with a strong emphasis on US benefits. They will ensure compliance with local and international regulations, particularly in relation to tax, immigration, and labor laws.

Responsibilities include:

  • US Benefits Management: Manage US and Canada benefits programs, including healthcare, retirement, stock options, and equity plans, with a strong understanding of tools like Shareworks.
  • Regulatory Compliance: Ensure compliance with local and international regulations, particularly in relation to tax, immigration, and labor laws.
Requirements

The ideal candidate will possess a Bachelor's degree in Human Resources, Business, or a related field and proven experience in compensation and benefits management, internationally preferably within the private equity industry.

They will also require:

  • Exceptional Analytical Skills: Strong analytical and quantitative skills, with proficiency in data analysis and the ability to create effective dashboards and reporting tools.
  • Strong Communication Skills: Exceptional organizational skills and attention to detail, with the ability to manage high volumes of work efficiently.

We offer a highly competitive salary range of $120,000 - $180,000 per year, depending on experience, as well as a comprehensive benefits package.

About Banyan Software

Banyan affirms that inequality is detrimental to our Global Teams, associates, our Operating Companies, and the communities we serve. We are committed to equal employment opportunities regardless of any protected characteristic and support an inclusive workplace where associates excel based on personal merit, qualifications, experience, ability, and job performance.

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