Senior Compensation Analyst

EQUINIX INC; Toronto; On-site; CAD 80,000 - 110,000; Full time

Job summary

A global digital infrastructure company in Toronto seeks a Senior Compensation Analyst to enhance their compensation programs. Responsibilities include conducting market analysis, managing benchmarking software, and analyzing compensation trends. The ideal candidate has at least 5 years of experience in compensation, strong analytical skills, and advanced Excel capabilities. This role offers a chance to impact organizational strategies in a diverse and inclusive environment.

Qualifications

• Demonstrated expertise in one or more key compensation subject matter areas.
• Experience in designing & implementing compensation programs, preferably in a global environment.
• Strong analytical and problem-solving skills, with ability to translate data and analysis into actionable insights.

Responsibilities

• Conduct market analysis and benchmarking to evaluate compensation programs.
• Manage and optimize our compensation benchmarking software.
• Research and analyze market trends and best practices in compensation.

Skills

Compensation principles

Analytical skills

Data-driven decision-making

Advanced Excel

HRIS experience

Strong communication skills

Education

5+ years of experience in Compensation

Tools

BetterComp

HRIS (e.g. Workday)

Power Query

Job description

Who are we?

Equinix is the world’s digital infrastructure company®, operating over 260 data centers across the globe. Digital leaders harness Equinix's trusted platform to bring together and interconnect foundational infrastructure at software speed. Equinix enables organizations to access all the right places, partners and possibilities to scale with agility, speed the launch of digital services, deliver world-class experiences and multiply their value, while supporting their sustainability goals.

A career at Equinix means you will collaborate on work that impacts the world and be surrounded by endless opportunities to learn new skills and grow in varied directions. We embrace diversity in thought and contribution and are committed to providing an equitable work environment that is foundational to our core values as a company and is vital to our success.

Job Summary

Equinix is seeking a highly motivated and experienced Senior Compensation Analyst to join our Global Compensation team. This critical role will be instrumental in ensuring that our compensation programs are competitive, effectively governed, and aligned with our overall Total Rewards Strategy and Compensation Philosophy. The ideal candidate will have a strong understanding of compensation principles and best practices, analytical skills, and a passion for data-driven decision-making with an aptitude for automating and improving compensation processes using technology.

Responsibilities

• Compensation Benchmarking – Conduct market analysis and benchmarking to evaluate the competitiveness and fit-for-purpose of our compensation programs, including base pay, supplemental pay (overtime, allowances, etc.), short-term incentives, and long-term incentives. The role will have a primary focus on benchmarking base pay but may focus on the other areas from time to time
• Manage and optimize our compensation benchmarking software (BetterComp), ensuring an efficient and effective benchmarking process, and data integrity of our surveys, job matching, market pricing, and compensation structures
• Research and analyze market trends and best practices in compensation to proactively inform leadership and make recommendations on ideal program design
• Model the financial impact of changes to compensation program design to ensure that program spend meets business requirements
• Develop and maintain compensation dashboards and reports to track key metrics, identify trends, and provide insights to leadership
• Monitor both current and proposed legislation that impacts compensation policies and practices to ensure compliance
• May be asked to collaborate within other functions across the People Team (Recruiting, Workforce Analytics, HR Systems) to deliver on our compensation programs
• May be asked to participate in the design and deployment of the company’s annual compensation planning process, including salary reviews, bonus awards, and stock awards

Qualifications

• Demonstrated expertise in one or more key compensation subject matter areas
• Experience in designing & implementing compensation programs, preferably in a global environment
• Strong analytical and problem-solving skills, with ability to translate data and analysis into actionable insights and recommendations
• Advanced Excel skills, including complex formulas and data analysis; Power Query experience is a plus
• Solid communication skills - both oral and written
• Experience with HRIS is a plus (e.g. Workday)
• 5+ years of experience in Compensation preferred

Equinix is committed to ensuring that our employment process is open to all individuals, including those with a disability. If you are a qualified candidate and need assistance or an accommodation, please let us know by completing this form.

Equinix is an Equal Employment Opportunity and, in the U.S., an Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to unlawful consideration of race, color, religion, creed, national or ethnic origin, ancestry, place of birth, citizenship, sex, pregnancy / childbirth or related medical conditions, sexual orientation, gender identity or expression, marital or domestic partnership status, age, veteran or military status, physical or mental disability, medical condition, genetic information, political / organizational affiliation, status as a victim or family member of a victim of crime or abuse, or any other status protected by applicable law.