Compensation and Total Rewards Consultant

  • Full Time
  • Toronto

Canadian Premier

About Canadian Premier At Canadian Premier, everything we do is driven by our genuine desire to build connections with our customers – listening, reflecting, responding – and being there for them during the most trying times of their lives. To be the best at what we do, we look for compassionate, creative people who work efficiently, aren’t afraid to make decisions, and are driven to understand how their role fits into our vision; to be the innovative insurer trusted by families to provide financial protection through partners who care. For more than 60 years, Canadian Premier has been committed to providing financial security to Canadians and their families in the face of uncertainties, insuring over two million customers coast-to-coast. Every day at Canadian Premier means a day spent helping Canadians and their families build secure tomorrows. Headquartered in Toronto, Ontario, with an office in Burnaby, British Columbia, we are a wholly-owned and independently operated subsidiary of Securian Financial, a Fortune 500 company*. Who we need Reporting to the VP, Human Resources, we are adding a Compensation and Total Rewards Consultant to the team in Toronto. You will advise on the best practices for total reward processes and policies; and lead the optimization, enhancement, and administration of our compensation and benefits programs in Canada. You will be both hands-on and strategic, conducting market research, managing and analyzing data, evaluating compensation, and conducting surveys. You will collaborate with internal and external partners to devise new and existing total reward programs and implement changes where necessary is a main responsibility for the role. What’s in it for you Exposure. This is an opportunity to provide strategic advice and direct support on a broad range of compensation plans, including base pay, bonus plans, and sales compensation. This is an opportunity for someone who wants to be part of a scaling industry leader, creating and implementing new compensation and bonus structures for 100+ employees. Ownership and influence. You are looking for a company where you can grow in depth and breadth while making a tangible impact. This is an opportunity to join a scaling company and apply your expertise to design and implement the Total Rewards frameworks. You will have the opportunity to make recommendations, introduce best practices, and create recognition and rewards programs. You will be a subject matter expert and a leader with the chance to grow a team and your influence as we continue to expand. What you will do Act as an internal consultant. You will develop a deep understanding of the organization to provide subject matter expertise on questions relating to Total Rewards, compensation, job evaluation, market analysis, and position maintenance. Continue the development of our Total Rewards programs. You will build out the roadmap and help design, deliver, and optimize Human Resource initiatives related to the Total Rewards framework, including enhancing the current employee recognition program and creating a new rewards program. Spearhead the compensation review process. You will: Lead the annual review process of compensation. Provide advice on broad-based and executive compensation matters. Assess market competitiveness and recommend a course of action, as required. Lead the review and evaluation of existing compensation plans and programs. Support the delivery of new compensation-related initiatives. Analyze survey data for all position levels, provide recommendations, identify areas of risk or concern, and prepare salary survey data for both scheduled and ad hoc surveys. Conduct job evaluations and provide recommendations for levelling and succession planning. Deliver compensation recommendations to support recruitment and promotion efforts considering internal equity and external competitive pay practices. Optimize reporting. You will: Perform ad-hoc data audits of Dayforce on compensation data and reconciliations to ensure data accuracy and completeness. Develop, maintain, prepare and analyze compensation-related reports. Manage the Job Profile/Position library. Develop compensation recommendations for new job requisitions. Support Benefits projects. You will: Support the administration of our Canadian benefits plan. Manage and troubleshoot the relationship with the Benefits provider, and conduct an annual evaluation with recommendations. Participate in ad-hoc projects, including research and analysis of data and preparation of presentations and reports. Support benefits administration and Pay Equity reporting. Support administrative activities related to various initiatives such as acquisitions and benefits renewals. Roll out rewards, recognition, and employee engagement programs. You will: Continue to develop Canadian Premier’s Employee Value Proposition by conducting research and developing and implementing recommendations that align reward structures to best practices and company values. Lead pulse and annual engagement surveys by analyzing results and developing recommendations and action plans in collaboration with the HR team. What you bring The education. You have a degree in Human Resources, Business Administration, or a related field. The Human Resources experience. You have 4 + years of experience, including 3 years specifically working in Total Rewards or Compensation. You have a comprehensive understanding of compensation and benefits programs, principles, and practices. You are well-versed in related legislative rules and regulations (e.g., Employment Standards, Pay Equity Legislation). You can maintain a high level of integrity in handling confidential and sensitive information. You have in-depth knowledge of the compensation cycles, including salary administration, surveys, market analysis, structure development, and incentive design. The technical skills. You have intermediate Excel skills; proficiency with Microsoft Word and PowerPoint; intermediate knowledge of an HRIS (Dayforce would be beneficial). The collaborative and communication skills. You can build relationships with internal stakeholders to work collaboratively. You have excellent written, oral, and presentation skills, and you can communicate information and recommendations based on your target audience. You are client-focused with keen attention to detail and the ability to translate requirements into action. The innovative problem-solving skills. You have a highly analytical approach to developing recommendations, collecting, extracting, analyzing, and manipulating large data sets. You can provide both commercial and creative solutions to local total reward requirements. You can work under tight deadlines and understand the downstream and long-term effects of your work and accuracy. The accountability and collaboration. You bring a balance of strategic planning and immediate action and can apply a big picture lens in a small team environment. You take ownership of your work and its impact on the organization. You have exceptional decision-making skills, guided by your business acumen and analytical approach. You can seamlessly adapt to changes in priorities, the business, or the industry. You have the confidence to take new ideas forward and to work closely with executive leaders and board directors, acting as a subject matter and discipline expert. Why join us When you’re a Canadian Premier employee, you’re part of a hard-working, high-performing, bright-thinking, make-things-happen family. One that sees your potential on day one, challenging you to grow your unique strengths as you create a career filled with opportunity, collaboration and meaning. For our newest team members to our most tenured, we’re committed to being an employer that supports the person you want to be, at work and outside of it. We’re growing – and we want you to grow with us. At Canadian Premier we know there’s nothing more important than treating each other with respect, compassion, understanding, and dignity. Even though our family has grown over the years, we still maintain the entrepreneurial spirit that got us started. Watch this video to learn more about our core values and our Canadian Premier family. Be part of a fast-paced company that offers you exciting opportunities to advance your career while you contribute to helping Canadians build secure tomorrows. Many of the individuals who lead our team have an impressive tenure with us, and every single one of them will tell you, it’s about the people—the people we serve and the people we work with. We’re a small organization with flexibility, openness, and responsiveness; with the security and resources to continue to do our work in a way that makes the most impact on our customers. Be a part of a place guided by people-focused, not profit-driven values: Communicate openly, be accountable, be curious, celebrate together as one family. This is a place that stands behind work-life balance, accessible leadership team, transparent communication, and an atmosphere that can only be described as family-focused. We continue to promote an engaged work-life balance throughout the pandemic with initiatives that include virtual town halls, casual online coffees, mental health workshops and employee appreciation packages. The very nature of what we do – listening to our customers – is the foundation of how we collaborate, learn from one another, embrace diverse perspectives, and hold each other up. We offer a competitive base salary with an annual incentive bonus plan, comprehensive benefits, and time off – needed to ensure you can live your best life every day: Group Retirement Savings Plan (RRSP) A company match for Deferred Profit-Sharing Plan (DPSP) Comprehensive group benefits program Professional growth and development opportunities through training and educational assistance programs A flexible workplace policy If you have the majority of the qualifications we’re looking for and you’re interested in joining the team, we encourage you to express your interest by submitting an application. Apply now. Canadian Premier is committed to providing a barrier-free work environment in accordance with the Accessibility for Ontarians with Disabilities Act and the Ontario Human Rights Code. As such, Canadian Premier will provide reasonable accommodations available to applicants with disabilities upon request during the recruitment process. Please contact [email protected] for accommodation requests. * Securian Financial is the marketing name for Securian Financial Group, Inc. and its affiliates. Insurance products are issued by affiliated insurance companies. 2020 Fortune 500 Companies List, May 2020.