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A leading global organization in Toronto is seeking a Manager, Compensation to oversee the design and implementation of compensation programs. The role requires analyzing compensation data, leading key projects, and collaborating with HR Business Partners to align initiatives with business strategies. Applicants should have 5+ years of experience in compensation analysis and excellent communication skills. This opportunity offers a dynamic work environment and a focus on strategic insights.
Job Description
Are you passionate about designing and implementing compensation programs? Are you looking for a high-visibility, high-impact role in a dynamic, global organization with a very positive work culture? If so, this is the opportunity for you!
Our client is a leader in their industry, and therefore the Manager, Compensation is a very high-impact role.
The Manager, Compensation oversees the design, implementation, and management of compensation programs. This role involves analyzing compensation data, developing recommendations, and ensuring alignment with business objectives. The position also includes optimizing processes and leading key compensation projects.
The Manager, Compensation interprets raw compensation data and uses mathematical techniques to derive insights and business intelligence. This role shares findings and presents results to stakeholders concisely and persuasively. The position translates compensation analytics into business recommendations, providing strategic insights to influence leadership decisions.
During the annual year-end cycle, the Manager, Compensation acts as the lead for compensation management applications, ensuring quality assurance through SOP updates, business requirement documentation, and overseeing enhancements and change controls. The role involves building compensation metrics, practice reporting, and market data dashboards using various visualization tools.
The Manager, Compensation partners with HR Business Partners and client groups to design compensation initiatives that support business strategies. The role monitors the effectiveness of existing programs to ensure market competitiveness and provides strategic insights and market data analytics. Responsibilities also include developing communication materials and presenting deliverables to business leadership.
Additionally, the Manager, Compensation collaborates across departments, ensuring alignment of incentive programs with business objectives. This includes managing commission plans, resolving commission-related issues, and analyzing sales performance data. The role ensures compliance with legal and regulatory requirements and maintains accurate documentation of all compensation programs.
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