Compensation Manager

Hydro One; Toronto; On-site; CAD 90,000 - 120,000; Full time

Job summary

A leading company in Ontario is seeking a Compensation Manager to oversee compensation operations, develop policies, and ensure competitive practices. This role involves managing a team, conducting salary surveys, and collaborating with various stakeholders to align compensation strategies with corporate objectives.

Qualifications

• 5-7 years of related compensation experience.
• 2 years of experience managing a team.

Responsibilities

• Manage day-to-day operations of the compensation team.
• Monitor effectiveness of compensation policies and recommend revisions.
• Manage annual compensation cycle for non-represented staff.

Skills

Interpersonal Skills

Problem-Solving

Communication

Attention to Detail

Education

Bachelor's degree in business, human resources or related field

Tools

MS Word

MS Excel

MS PowerPoint

Job description

Join to apply for the Compensation Manager role at Hydro One

1 week ago Be among the first 25 applicants

Join to apply for the Compensation Manager role at Hydro One

Direct message the job poster from Hydro One

Talent Acquisition Enthusiast I Talent Management I Talent Development I TA Strategy (AI Focus)

About the Company - Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play. It’s an exciting time to join the team at Hydro One!

About the Role - The Manager, Compensation is responsible for managing the day-to-day operations of the compensation function, encompassing non-represented and represented employees. The Manager, Compensation plans, develops and implements compensation programs, policies and procedures to support the company's strategy and respond to industry trends. In addition, this position will have accountability for salary surveys, benchmarking, the annual compensation cycle, job evaluation, salary recommendations and pay equity. The Manager, Compensation, will also serve as a subject matter expert, providing guidance, advice and interpretation of various compensation policies.

Responsibilities

• Manages the day-to-day operations of the compensation team; provides guidance and support to compensation professionals in order to ensure effective program delivery and to promote learning and career development within the compensation function.
• Monitors the effectiveness of existing compensation policies, guidelines and procedures recommending revisions and new programs consistent with compensation trends and corporate objectives; coordinates implementation and provides guidance to corporate staff.
• Manages the participation in external compensation and policy surveys to ensure compensation practices remain market aligned and competitive to attract, retain and motivate employees.
• Manages the annual compensation cycle (Merit, short and long-term incentive plans) for non-represented staff, in collaboration with the compensation team.
• Supports the development of Board materials to seek approval for compensation related matters.
• Provides advice on pay decisions, salary recommendation, policy, including the design of creative solutions to specific compensation-related programs.
• Oversees the job evaluation function for all jurisdictions.
• Develops employee and manager communications to promote understanding and effective utilization of the organization’s compensation programs and processes.
• Collaborates with the labour relations team on compensation matters related to the collective bargaining process.
• Manage pay equity related matters.
• Keeps apprised of federal and provincial compensation laws and regulations to ensure company compliance.

Qualifications

• Bachelor's degree or equivalent in business, human resources or related field
• A minimum of 5 - 7 years’ related compensation experience or other relevant experience
• A minimum of 2 years of experience managing a team
• Must be proficient in MS Word, MS Excel, and MS PowerPoint
• Strong interpersonal skills in dealing with senior stakeholders

Required Skills

• Expert knowledge of compensation related concepts including, job evaluation, salary administration, incentive plan design, pay equity and administration in a complex organization
• Strong business acumen and understanding of the analytical processes and an understanding of how incentive programs can support strategic objectives.
• Excellent planning, organization, and problem-solving skills with the ability to successfully handle multiple concurrent priorities simultaneously
• Excellent attention to detail and accuracy in the analysis of a wide range of data
• Proven ability to think conceptually, problem-solve, and generate practical solutions
• Excellent communication skills and the ability to summarize information concisely and present in written, graphical and/or verbal format in order to convey complex information to all levels of stakeholders
• Strong problem solving skills: able to define the problem and generate appropriate solutions in a timely manner
• Strong interpersonal, oral and written communication skills to build strong relationships within and across teams, peers, and business partners. High level of knowledge of HR systems and compensation concepts and structure

We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2025.

Seniority level

• Seniority level

  Mid-Senior level

Employment type

• Employment type

  Full-time

Job function

• Job function

  Human Resources and General Business

• Industries

  Utilities

Referrals increase your chances of interviewing at Hydro One by 2x

Get notified about new Compensation Manager jobs in Toronto, Ontario, Canada.

Sr. HRBP (Thunder Bay-based, Relocation Provided)

Senior Manager, Compensation Consulting - People Advisory Services, Rewards - Toronto

Managing Director, SLC Compensation - SLC Management

SuccessFactors Compensation Consultant, Managed Services

Senior Manager, Credit Modeling & Strategy

Senior Manager, Credit Modeling & Strategy

Associate Mortgage Underwriter, Third Party Residential Underwriting – BMBE

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.