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Compensation Manager
3 weeks ago
Are you a compensation professional with 5+ years of experience, ready to drive a competitive total rewards strategy? Lead the design and implementation of comprehensive compensation plans, including managing annual merit, bonus processes, and ensuring pay equity compliance for a growing organization in the healthcare industry.Location: Toronto, ONOn-Site: two days a week Salary: $120,000 - $130,000 annually Advantages- You will be pivotal in shaping a competitive and fair Total Rewards strategy to attract, retain, and motivate top talent.- Experience a strong sense of belonging, purpose, possibility, and growth within a team where you can make a real difference daily.- Enjoy a hybrid work model, with two days a week required in the office.- Partner with various internal teams, to ensure seamless compensation and benefits administration.Responsibilities- Develop and execute a comprehensive compensation strategy and establish salary administration guidelines to promote pay transparency.- Conduct continuous market analysis and research emerging industry trends to ensure compensation remains externally competitive and internally equitable.- Lead and manage key annual processes, including merit increases and bonus programs, ensuring adherence to established salary structures.- Monitor regulatory changes, maintain compliance with legislation (such as Ontario's Pay Equity Act), and prepare reports in line with the Pay Transparency Act.- Head the job evaluation process, determining appropriate salary grades, standardizing job description templates, and establishing job titling conventions for consistency.- Support the design and administration of incentives and variable pay programs, ensuring they align with business objectives and are assessed for effectiveness using analytics.Qualifications- A Bachelor's degree in Human Resources, Business, Finance, or a related discipline is required.- You must have 5+ years of experience in Total Rewards, covering Compensation, Benefits, and Recognition.- Strong knowledge of job evaluation methodologies, salary surveys, compensation benchmarking, and annual merit increase/bonus calculations is essential.- Demonstrated proficiency in Microsoft Office, particularly advanced MS Excel skills, is needed.- Excellent analytical, quantitative, and communication skills are key, along with the ability to influence stakeholders and manage vendor relationships.SummaryIf you are interested in learning more about this role, please apply directly or email Kathryn (kathryn.oconnor@randstad.ca), with the subject: Compensation Manager, Toronto. Randstad Canada is committed to fostering a workforce reflective of all peoples of Canada. As a result, we are committed to developing and implementing strategies to increase the equity, diversity and inclusion within the workplace by examining our internal policies, practices, and systems throughout the entire lifecycle of our workforce, including its recruitment, retention and advancement for all employees. In addition to our deep commitment to respecting human rights, we are dedicated to positive actions to affect change to ensure everyone has full participation in the workforce free from any barriers, systemic or otherwise, especially equity-seeking groups who are usually underrepresented in Canada's workforce, including those who identify as women or non-binary/gender non-conforming; Indigenous or Aboriginal Peoples; persons with disabilities (visible or invisible) and; members of visible minorities, racialized groups and the LGBTQ2+ community.Randstad Canada is committed to creating and maintaining an inclusive and accessible workplace for all its candidates and employees by supporting their accessibility and accommodation needs throughout the employment lifecycle. We ask that all job applications please identify any accommodation requirements by sending an email to accessibility@randstad.ca to ensure their ability to fully participate in the interview process.
