Manager, Compensation & Total Rewards

FirstOntario Credit Union; Hamilton; Hybrid; CAD 80,000 - 110,000; Full time

Job summary

A leading credit union is seeking a Manager of Total Rewards to develop a comprehensive rewards strategy that aligns with organizational goals. This hybrid role involves leading a team focused on compensation, benefits, and HRIS, ensuring competitive and compliant compensation programs while fostering an inclusive work environment.

Benefits

Top-tier health and wellness benefits

Pension Plan

Employee Volunteer program

Professional development funding

Employee and Family Assistance Program

Qualifications

• Minimum 3 years in Total Rewards, including compensation and benefits.
• 5+ years of progressive HR experience required.
• HR Certification (CHRL, CHRP) preferred.

Responsibilities

• Leads compensation strategy development and program recommendations.
• Manages annual compensation cycles and budget adherence.
• Develops total rewards strategy aligning with organizational objectives.

Skills

Analytical skills

Problem-solving

Communication

Organizational skills

Education

Bachelor's degree in Human Resources or related field

Tools

HR systems (Ceridian, ADP, Workday, UKG)

Microsoft Office Suite

Job description

• Top-tier health and wellness benefits, including comprehensive benefits packages and health spending account
• Enhanced mental health benefits through SunLife and TELUS Health
• Up to $1000 per year towards professional development
• Pension Plan
• Company-wide Employee Volunteer program (Blue Wave Program)
• Employee and Family Assistance Program

Overview

The Manager of Total Rewards is accountable for the development of a comprehensive total rewards strategy that aligns employee rewards with results that support the organization's objectives. The total rewards strategy and programs enable the organization to attract, reward, and retain top talent. This role serves as part of the HR leadership team.

Responsibilities

• Leads and develops a team of compensation, benefits, HRIS and payroll professionals
• Leads compensation strategy development for the organisation by recommending programs, sales and variable compensation designs including bonus programs, and long-term incentive programs
• Ensures that compensation programs are effectively deployed and are competitive, updated and compliant with relevant legislation
• Develops the budget for total rewards programs and initiatives and leads cost-benefit analysis of programs and initiatives
• Maintains job descriptions and job evaluation systems in partnership with key stakeholders
• Designs, implements, and maintains a base pay structure that balances market competitiveness with internal job worth, in alignment with the compensation surveys, identifying appropriate market sources and drawing out insights from the data
• Manages the annual compensation cycles, including compensation review process, program evaluations, ensuring budget adherence and summarizing information for stakeholder presentations
• Researches and analyzes relevant government regulations and industry best practices
• Monitors and performs metrics for the HRIS and payroll centers, implementing regular improvements based on data and employee feedback
• Manages vendor partner relationships. Includes resolving system issues, managing system upgrades, and maintaining data integrity standards

Required Qualifications

• Bachelor's degree (or equivalent) in Human Resources, Business, Organizational Development or related field
• Minimum of 3 years of experience in Total Rewards including pay equity, compensation, pay structure design and development, Short term / Long Term incentive programs and benefit programs
• Minimum of 5 years of progressive HR experience
• Proficiency with HR systems (eg. Ceridian, ADP, Workday, UKG) and Microsoft Office Suite (Excel, Word, PowerPoint)

Preferred Qualifications

• HR Certification (CHRL, CHRP)
• 5-7 years of People Leadership experience
• Experience using financial software
• Strong analytical and problem-solving abilities, with a data-driven and evidence-based approach to decision-making and influencing.
• Strong organizational and communication skills

Note : This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

This is a permanent hybrid opportunity.

Interested in this role, but don't meet every requirement? We encourage you to apply! We know from experience that a candidate doesn't need 100% of the qualifications listed to bring incredible value to our team. We're actively seeking diverse backgrounds and perspectives to help make FirstOntario better. At FirstOntario, inclusion, diversity, and equity aren't just "nice to have" - they're essential to our success.

Our inclusive work environment welcomes diversity and supports accessibility. If you require accommodation at any time during the recruitment process, please let us know.

Create a job alert for this search