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The Associate or Senior Associate, Compensation Advisory is responsible for providing clear, data-driven and strategic compensation advice. This role is also responsible for the delivery of compensation processes and programs including development and maintenance of tools and templates, participating in market intelligence activities and compensation modeling.
As a member of this team, you will be responsible for:
- Partner with internal stakeholders like HR Business Partners, talent acquisition, etc. to provide clear, data-driven, strategic compensation advice.
- Deliver enterprise-wide variable compensation forecasting, analysis and annual business planning.
- Partner with internal stakeholders on all incentive related audit inquiries for financial statement preparation.
- Participate in the delivery of annual compensation activities for a specific business unit or units, i.e. merit cycle, compensation target reviews and year-end award decisioning.
- Participate in market intelligence activities (compensation surveys and benchmarking, etc.) on a global basis.
- Compile and analyze compensation data and metrics within Workday as required to build and deliver compensation reports and modeling for a variety of strategic business needs.
- Proactively identify external market pressures on key skills and other external global market trends.
- Support compensation modeling and analysis to support compensation programs and plan design enhancements.
- Seek opportunities to drive enhanced awareness of compensation plans through education, communication and execution of compensation plan changes.
- Work across HR functions to develop and maintain best-in-class compensation tools and resources to ensure efficiency, effectiveness and streamlining of compensation processes.
- Monitor HR customer feedback and raise continuous improvement opportunities to leadership through appropriate governance channels.
- Compile and analyze compensation data and metrics within Workday as required to build and deliver compensation reports.
- Support with Benefits & Retirement initiatives and related projects as needed.
To succeed in this role, you have:
- Bachelor’s degree in Business Administration, Mathematics, Finance & Accounting, Human Resources or related field.
- Certified Compensation Professional (CCP) designation considered an asset.
- 1 -3 years of compensation experience and expertise.
- Strong analytical skillset and financial acumen.
- Detail-oriented execution of routine and complex processes and relevant process intersection points.
- Proactive focus on continuous improvement.
- Excellent project management, planning, and organizational skills.
- Ability to collaborate effectively across different groups in the organization and different levels of leadership.
- Ability to build and maintain strong relationships.
This posting is for an existing vacancy.
The expected salary range for the Associate position is $62,000 - $92,000 per year.
The expected salary range for the Senior Associate position is $72,000 - $108,000 per year
You may also be eligible to receive an annual Incentive Award pursuant to our Short-term Incentive plan and our Long-Term Incentive plan (if applicable), and to participate in our group benefits and retirement plans – details on these elements of compensation are included within OMERS & Oxford offer letters.
As one of Canada’s largest defined benefit pension plans, our people-first culture is at its best when our workforce reflects the communities where we live and work — and the members we proudly serve.
From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.
Artificial intelligence (AI) tools are used to support certain stages of the OMERS recruitment process. While AI assists us in our process, human judgment and decision-making remain central to our candidate experience.
OMERS Toronto, Ontario, CAN Office
Toronto, Canada
