Senior Compensation Analyst

4 weeks ago

Toronto, Ontario, Canada Thomson Reuters Full time
About the Role

The Senior Compensation Analyst will be responsible for developing and implementing comprehensive analytical solutions and tools, as well as creating standardized and bespoke reports from multiple data sources. This will provide HR and other Reward team members with the intelligence and data needed to make informed decisions related to pay governance and strategy.

As a senior member of the Design & Analytics team, the Senior Compensation Analyst will work with a good degree of autonomy on a diverse range of problems and data sources in support of the Consultants and Vice President. The job holder will also work with colleagues and team leadership to identify and coordinate opportunities to enhance the overall efficiency of the Total Reward team, including automation, standardization of enterprise-wide processes, and contributing to the use of AI in the team's work.

The role will be responsible for coordinating and undertaking analysis of market data on a global basis, to support the development and implementation of pay ranges to ensure competitiveness and, where necessary, statutory compliance of Thomson Reuters Global Pay programs. While developing pay ranges with the Design & Analytics team, the job holder will have the responsibility for job matching, survey input, managing survey vendor relationships, and the sourcing and analysis of appropriate market data in accordance with Thomson Reuters global compensation philosophy.

The Senior Compensation Analyst will work closely with and provide input and expertise to other Compensation team members, providing analytical and operational support. The incumbent will work under the supervision of the Vice President, Compensation, relying on general direction and precedent to perform the job and taking a role in identifying and implementing opportunities to improve the team's efficiency and delivery.

The role holder will liaise closely with and provide support to the team's Reward Consultants. The Senior Compensation Analyst will be a professional with sound compensation analytical experience and a solid understanding of industry practices and company policies and procedures. The incumbent should be highly proficient in quantitative analysis and interpretation of data to make logical conclusions.

About You

You're a fit for the role of Senior Compensation Analyst if you:

  • Have proven strong analytical and quantitative data skills. Advanced analytical execution skills in Excel and Access would be ideal.
  • Have sound experience in Compensation and associated Data Analytics, with good knowledge of major market data providers.
  • Are proficient with HR database queries (e.g. Workday) and have knowledge of Human Resources functions or disciplines.
  • Are detail-oriented with a commitment to quality and ability to approach assignments strategically and manage to completion.
  • Have excellent organizational skills with ability to coordinate your own and the team's work on many tasks concurrently.
  • Are an effective communicator within the Compensation team and when working with the broader People team.
  • Have strong knowledge of Microsoft business applications like Excel, Power Point, Word etc.
  • Would typically have a Bachelor's degree and 5+ years relevant Compensation experience

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