Compensation Strategist
4 weeks ago
About Us:
Sonepar Canada is a leading independent family-owned company with a strong presence in the business-to-business distribution of electrical, industrial, and safety products and related solutions. With over 100 locations across 8 provinces, we are well-positioned to serve our customers and drive growth.
What's In It For You?
- You will be part of a market leader with over 40 years of experience, offering opportunities for career development and growth.
- You will work for a company that values diversity and inclusion, with a strong commitment to sustainability and the environment.
- A chance to be part of a team that is passionate about making a difference and driving positive change.
- We offer a competitive salary, a full set of benefits, and a range of perks, including flexible benefits, employee assistance programs, and tuition reimbursement.
- An opportunity to work with a company that is committed to innovation and excellence, with a strong focus on customer satisfaction and employee engagement.
The Scope:
The Director of Total Rewards is responsible for the strategic planning, design, implementation, and administration of the company's compensation programs and initiatives. This role requires a strong understanding of compensation practices, as well as excellent analytical, problem-solving, and communication skills.
Responsibilities:
- Develop and implement comprehensive compensation strategies aligned with the company's goals and objectives.
- Design and manage compensation programs, including salary bands/structures, annual merit increases, bonus programs, and executive compensation packages.
- Plan and administer long and short-term equity programs and executive programs that drive company performance.
- Conduct analysis and benchmarking of compensation data against market standards to maintain competitiveness and compliance with regulations.
- Ensure all compensation practices comply with federal and local laws and regulations.
- Lead job evaluation processes, including job analysis, job descriptions, and job grading.
- Develop and manage the compensation budget, ensuring cost-effective use of resources.
- Integrate compensation programs with performance management systems to ensure a strong link between pay and performance.
- Develop and deliver communication strategies to ensure employees understand the company's compensation philosophy and programs.
- Provide expert advice and guidance to senior management and HR partners on compensation matters, trends, and policy recommendations to support decision-making and strategic planning.
- Champion timely and robust data collection and analysis processes that support research and market, pay equity, and other compensation studies.
- Collaborate with HR and OpCo leaders to create and revise job descriptions, ensuring they accurately reflect roles, responsibilities, and qualifications for proper compensation alignment.
- Support annual processes such as salary review cycles, bonus payouts, and equity pay, ensuring timely and accurate execution.
- Prepare detailed compensation reports and presentations for executive leadership and the board of directors, highlighting trends, analyses, and recommendations.
- Spearhead special compensation projects, such as mergers and acquisitions integration, pay equity audits, and the implementation of new compensation technologies or methodologies.
- Maintain accurate compensation data and ensure integrity in HRIS systems.
- Keep abreast of regulatory, market, and practice changes and trends.
Requirements:
- Bachelor's degree in Human Resources, Business Administration, Finance, or a related field.
- Master's degree or relevant certification (CCP) is preferred.
- Minimum of 7-10 years of progressive experience in compensation management, with at least 3 years in a leadership role.
- Demonstrated financial acumen and expertise in data and financial modeling and scenario planning.
- Advanced analytical, problem-solving, and critical thinking skills with the ability to coordinate input from multiple sources to develop impactful recommendations to achieve results for the business.
- An articulate and professional communicator with the ability to provide clear, concise messaging to multiple audiences and present complex information across the organization.
- Strong relationship-building and influencing skills and the ability to prioritize business requirements appropriately through a collaborative partnership approach.
- Demonstrated ability to coordinate input from multiple complex sources, conduct environmental scanning, and sort through ambiguity to develop impactful recommendations for business decisions.
Benefits & Perks:
- We offer a competitive salary, plus a full set of benefits, including:
- Flexible benefits program allowing you to choose from options that best fit you and your dependents' needs. Benefit options include: Medical, Dental, Vision, Health Spending Account & RRSP matching.
- Employee Assistance Program, Tuition Reimbursement, Employee Discounts and a career path.
- Regardless of your benefits program, you will receive company-paid Life Insurance, and employee-paid disability.
More information on Sonepar Canada:
We are a proud member of the Sonepar Group, the world's largest privately-held electrical distributor. The Sonepar Group is present in more than 40 countries with over 45,000 employees.
Sonepar places the planet and diversity and inclusion at the core of its vision driving our business ethos. Today, Sonepar is the leading distributor of energy-efficient products, pioneering the energy transition and making sustainability a priority.
We are an equal opportunity employer, welcoming submissions from all candidates. We believe in creating a work environment where everyone can feel safe, use their voice, and know that they belong. Diversity and Inclusion (D&I) is a central focus of our global, strategic impact plan.
We value diversity and inclusion in the workplace because it allows us to better meet the needs of the communities we serve. It helps us foster greater creativity, breadth of experience, and it's essential to our success as an organization.
All qualified individuals, regardless of race, ethnic or national origin, colour, religion, sex, sexual orientation, age, marital status, neurodiversity, disability status, gender identity, veteran status or any other aspect which makes them unique are encouraged to apply.
Sonepar is an equal opportunity employer and welcomes submissions from all candidates. Accommodation is available to all applicants upon request. If selected for an interview, please advise the Sonepar representative of your accommodation needs at that time. We will work with all applicants to accommodate their accessibility needs.
Next steps:
We are interested in knowing more about you. Start an exciting new career and enjoy a number of benefits by applying online. While we are very grateful for your interest in joining the team, only those selected for an interview will be contacted.
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