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Compensation Manager

2 months ago


Toronto, Ontario, Canada Emburse Full time

Job Summary:

The Manager of Global Compensation is a key member of the Emburse team, responsible for developing and implementing a comprehensive compensation strategy that aligns with the company's strategic direction. This role requires a strong understanding of market trends, compensation best practices, and regulatory compliance.

Key Responsibilities:

  • Develop and implement a compensation strategy that leverages market data and ensures Emburse is positioned competitively from a base salary perspective.
  • Lead the development, implementation, management, and administration of compensation programs, policies, and procedures, ensuring they are current, competitive, and compliant with legal requirements.
  • Analyze internal and external salary statistics, including survey results, to provide recommendations and strategies for changes to salary grades and for the classification of new jobs.
  • Stay current with market trends and ensure compliance with local, state, and federal regulations as it relates to compensation.
  • Stay current with global pay trends and ensure compliance with all regulations as they pertain to Emburse's international offices.
  • Work collaboratively with administrative functions to build support of compensation processes within the framework.
  • Conduct pay equity analyses annually and present findings to executive leadership.
  • Leverage market data and portfolio company intelligence to recommend annual merit budgets.
  • Complete audits to check the integrity of the compensation data.
  • Develop and maintain relationships with compensation vendors, consultants, and third-party administrators to ensure they comply with contract terms and conditions and leverage them to continue to offer high-quality programs and maintain market competitiveness.
  • Ensure data in all HRIS systems is accurate, including base salary, bonus targets, and equity.
  • Administer the equity process, including providing equity agreements to new hires, updating the equity management system, and ensuring approvals for equity have been received.

Requirements:

  • Bachelor's Degree in Human Resources, Finance, Business Administration, or related field – or similar level of experience required.
  • Experience with pre-IPO equity, mergers, and acquisitions (M & A), sales rewarding, and/or executive compensation is highly preferred.
  • Demonstrated knowledge in planning, developing, and maintaining salary ranges, incentive plans (both short & long-term including equity programs) and performance management trends.
  • Advanced computer skills, including mastery of Excel and PowerPoint is essential.
  • Strong analytical and creative problem-solving skills, including statistical analysis and modeling, along with experience evaluating and managing online salary management tools.
  • Ability to work collaboratively and to influence and develop strong cross-functional working relationships with groups such as HR Operations, Talent Acquisition & Finance.
  • Clear communication skills, including an ability for breaking down complex technical concepts and knowledge-sharing.