Senior Associate, Compensation Advisory (18-month contract)

OMERS•Toronto, ON

8d•CA$72,000 - CA$108,000•Remote

About The Position

The 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.

Requirements

Bachelor’s degree in Business Administration, Mathematics, Finance & Accounting, Human Resources or related field.
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.

Nice To Haves

Certified Compensation Professional (CCP) designation considered an asset.

Responsibilities

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.