Compensation and Benefits Manager

4 weeks ago

Toronto, Canada IKO Full time

Description

As a member of the Human Resource Management team, the Total Rewards Manager will participate in the development and execution of the organization's Human Resources priorities and objectives and will be a key member for the coordination and management of the company’s overall employee compensation and benefit program. The position will ensure all programs and operations follow corporate compliance and accountability. The position will focus on the continuous improvement of the existing compensation and benefit program, with a focus of driving employee engagement and retention. The position will partner in adhering and administrating all directives established by Senior Management throughout the operations.

Duties & Responsibilities

 

Develops, implements and manages the compensation programs and services for IKO/HSS companies. Includes compensation philosophy, job design/evaluation, market review and pay design. Works with the Payroll Manager to ensure compliance and accuracy of processing compensation and benefit plans and models throughout the IKO/HSS network. Works with the Finance team in system reporting, compensation modelling and partnering in the development of a budgetary approval process related to the compensation system. Develop, implement, and manage the IKO/HSS Employee Pension & Benefit program with a focus on cost control and competitive market alignment. Leads research of best practice and trends and makes related recommendations to optimize compensation program and services. Reviews program elements, recommending changes to philosophy, policies, practices, processes, and methods. Implements the necessary controls to identify and mitigate risks in reporting area. Develops and implements compensation KPIs to facilitate service delivery and enhancements of compensation processes and practices. Ensures compliance with employment standards and regulatory requirements as they pertain to total compensation programs. Assesses impact of regulatory changes on programs and recommends/implements any necessary modifications. Ensures the effective and consistent application and administration of compensation practices. Supports Senior Management by providing senior specialized expertise and advice on compensation programs, highlighting critical issues and opportunities as they emerge; and by participating in related discussions at the executive level. Also leads or participates in initiatives as directed, contributing specialized expertise pertaining to areas of accountability. Manages reporting staff, including selection, development, coaching, managing performance, assigning/reviewing work, and all other people management practices. Also oversees supervision of department staff through reporting leaders. Other duties as assigned
 

Required Experience
The requirements for this position would typically be acquired through a degree in Human Resources or Finance and previous direct experience in total compensation management, preferably in a multi-provincial environment, plus achievement of a Certified HR Professional (CPHR) and/or Certified Compensation Professional (CCP) designation. Certified Professional Accountant (CPA) experience will also be considered.
Other Requirements

Proficient in adopting and using technology as a tool in the workplace. Advanced knowledge of the theories, principles, practices, methods and techniques of the human resources field, with emphasis on compensation, organization design, and data analytics. Advanced interpersonal and communication skills with ability to address the sensitivity of human resource issues, and influence others to provide specialized expertise, advice and guidance to all levels of the organization. Advanced analytical and problem solving skills to oversee assessment of compensation matters, including job evaluation, and to manage related solutions and decisions. Advanced knowledge of the relevant employment standards and other regulatory requirements. Solid leadership skills with ability to manage directly and indirectly reporting staff. A professional and resourceful style; the ability to work independently and as a team player, to lead by example, take initiative, and manage multiple tasks and projects simultaneously. Strong organizational and time management skills, with strong attention to detail and a consistent focus on developing and maintaining good employee relations. Travel may be required.

Benefits of Employment: IKO recognizes that its success is due to the strength of its employees. A primary goal of IKO is to promote individual employee's sense of accomplishment and contribution so that employees enjoy their association with IKO. The Company invests in its employees so that they are the most knowledgeable in the industry, and undertakes great efforts to nurture loyalty to, and teamwork at, IKO. We are pleased to offer competitive compensation, health care, a progressive and challenging workplace and a commitment to teamwork and integrity.
 

Diversity and Equal Opportunity Employment: IKO Industries Ltd. is an equal opportunity employer. We are committed to diversity and inclusion and are pleased to consider all qualified applicants for employment without consideration to race, religion, creed, color, national origin, age, gender, sexual orientation, marital status, veteran status or disability. IKO Industries Ltd. encourages and welcomes applications from people with disabilities. Accommodations are available on request for candidates taking part in all aspects of the selection process.

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