The Role : Act as first point of contact for compensation-related inquiries and requests and consult with HR Business Partners and managers to understand their needs and provide guidance on sound compensation.
Recommend salary surveys and participate as required
Conduct analysis to assess market competitiveness and internal equity
Provide training to managers on the Incentive Compensation plan design and administration practices
Provide training for employees on salary administration program
Work with managers and recruiters to maintain updated job descriptions
Conduct job evaluations as needed
Lead overall execution of the annual compensation cycle process. Analyze needs and implement process changes. Prepare project plans and collaborate with appropriate stakeholders to deliver against those plans
Oversee processes for determining and calculating : (1) salary increases and incentive compensation for salaried employees, (2) rate increases for non-
union hourly employees, and (3) scorecard bonus payouts for operations employees
Prepare and deliver communications and training for managers
Provide guidance to managers on compensation decisions during the open cycle
Support administration of the Long-Term Incentive Plan, including the preparation of letters to employees and the calculation of payout amounts
Works closely with the Manager of Pension and Benefits to support pension administration by preparing earnings reports and processing invoices as required
Prepare quarterly Incentive Compensation accruals for finance
The Ideal Candidate :
Bachelors degree in business, mathematics, or science.
3 to 5 years of previous experience in compensation
Currently working towards the CCP designation will be considered an asset
Strong verbal and written communication skills.
Aptitude in analyzing data and summarizing / presenting results.
Proficiency with MS Office applications, especially strong with Excel