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Compensation Analyst
3 weeks ago
City:
Toronto
What you will do:
We’re looking for a detail-oriented and analytical Compensation Analyst to join our Total Rewards team. Reporting to the Manager, Total Rewards, this role plays a key part in designing, implementing, and maintaining competitive compensation programs that attract, motivate, and retain top talent. You will provide data-driven insights, support annual compensation cycles, and help advance our total rewards strategy through continuous improvement, innovation, and compliance.
Responsibilities:
- Support total rewards programs — administer and analyze fixed and variable pay programs, develop cost models, track spend, and contribute to annual budget planning.- Deliver compensation analytics — research market trends, participate in salary surveys, and benchmark roles to ensure internal equity and external competitiveness.- Maintain compensation data integrity — manage HRIS compensation modules, ensure data accuracy, and identify opportunities to streamline and automate processes.- Conduct job evaluations and pay analysis — perform market pricing and compensation reviews for new and existing roles, maintaining up-to-date wage grids and job architecture frameworks.- Partner on pay transparency and pay equity initiatives — conduct research, support compliance, and assist in developing related policies.- Support year-end processes — collaborate with the Compensation Manager to execute annual reviews for base salary and variable compensation programs, ensuring alignment with internal stakeholders.- Drive continuous improvement — identify process enhancements and contribute to special HR and compensation projects as needed.
Qualifications:
- Bachelor’s degree in business, human resources, or related field.- CHRP/CHRL designation and/or Certified Compensation Professional (CCP) preferred.- 3-5 years of progressive experience in compensation and analytical roles within Human Resources, Finance, or related business functions- Analytical skills, detail-oriented, advanced knowledge of Microsoft Excel (ex: pivot tables, lookups, IF function, Charts etc.,), and strong HRIS experience.- Understanding legislation requirements as it relates to compensation matters, payroll, and benefits.- Focused listening, oral and written communication and interpersonal skills required to communicate with a variety of individuals on a regular basis.
Inclusion & Diversity
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