Manager, Compensation

Vaco Recruiter Services; Toronto; On-site; CAD 87,000 - 108,000; Full time

Job summary

A recruiting firm is seeking a Compensation Specialist to develop and manage competitive compensation strategies in Toronto, Ontario. The role requires 3+ years of experience in compensation management, including expertise in variable pay, and advanced Excel skills. Candidates must reside in the Greater Toronto Area and be permitted to work in Canada. This position offers a salary range of $87,000 - $108,000/year.

Qualifications

• 3+ years of experience in Compensation, including variable pay and offer letters.
• Expertise in bonus modelling and compensation ratios.
• Ability to meet urgent requests with strong attention to detail.

Responsibilities

• Develop and manage fair compensation strategies.
• Maintain salary structures and ensure market competitiveness.
• Oversee annual salary and incentive processes.

Skills

Compensation expertise

Advanced Excel skills

Attention to detail

Strong communication skills

Job description

About the Opportunity

• Develop and manage fair, competitive, and transparent compensation strategies
• Maintain salary structures, policies, and market competitiveness
• Partner with HR and hiring teams to ensure equitable pay and offers
• Ensure compliance with pay equity and transparency laws
• Oversee annual salary, bonus, and incentive processes
• Support job evaluation, classification, and consistent titling
• Analyze market data to guide compensation decisions
• Manage vendor relationships and benefits alignment
• Communicate and educate teams on total rewards programs

About You

• 3+ years of experience working within Compensation, including expertise with variable pay, offer letters, bonus modelling, base pay, compensation ratios, and On-target-earnings (OTE)
• Advanced Excel skills are required
• Strong attention to detail and able to meet urgent requests
• Strong communication skills, both written and verbal

Salary Range

$87,000 - $108,000 /year

How to Apply

Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats. When referencing this job, quote #461406.

You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.