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

Iris Software; Toronto; On-site; CAD 80,000 - 120,000; Full time

Job summary

An established industry player is seeking a Senior Compensation Manager to join their dynamic team. In this pivotal role, you will lead compensation and total rewards projects, working with a diverse client base to develop tailored strategies that enhance business performance. This position offers the opportunity to engage with senior management, providing insights that shape organizational compensation practices. With a strong focus on collaboration and innovation, you will play a key role in helping clients navigate the complexities of compensation and total rewards, ensuring they attract and retain top talent. Join a forward-thinking company committed to fostering a diverse and inclusive environment where your contributions will make a significant impact.

Benefits

Comprehensive medical coverage

Dental coverage

Defined contribution pension plan

Flexible vacation policy

Paid personal days

Opportunities for skill development

Support and coaching from colleagues

Flexible work arrangements

Qualifications

• 8-10 years of experience in compensation and total rewards.
• Strong project management experience leading multiple projects.
• Ability to conduct data analysis and develop presentations.

Responsibilities

• Lead compensation and total rewards engagements for diverse clients.
• Conduct research and analysis on compensation strategies.
• Manage client relationships and deliver tailored insights.

Skills

Project Management

Analytical Skills

Communication Skills

Microsoft Excel

Data Analysis

Education

Bachelor's Degree in Business

Bachelor's Degree in Economics

Bachelor's Degree in Finance

Bachelor's Degree in Mathematics

Bachelor's Degree in Statistics

Bachelor's Degree in HR

Tools

Microsoft PowerPoint

Microsoft Excel

Job description

At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

The opportunity

We are currently seeking a Senior Compensation Manager to join our growing team to collaborate on challenging compensation and total rewards consulting engagements for a diverse client base. EY’s Rewards - People Advisory Services (PAS) helps organizations to optimize business performance through compensation and total rewards strategies that allow them to better understand current market conditions and better reward and engage their people. We are proactive in the market and with our clients by providing market best practice information and strategies, tailored solutions and compensation programs for our clients, dedicated support services, and innovative solutions.

Your key responsibilities

As a Senior Compensation Manager, you will work with a wide range of clients across different industries, participating as a critical member of project teams to manage compensation and total rewards engagements. This position is responsible for leading projects and interacting directly with clients, managing and directing analytical support in the delivery of compensation and total rewards engagements, and in developing meaningful insights and conclusions relating to the review, design, and implementation of workforce and executive compensation and total rewards plans. This position will actively participate in business development and market activities through proposal development, responding to RFPs, and development of whitepapers and presentations. You will work with the existing Canadian Compensation and Rewards team, as well as with EY’s global network of compensation professionals.

This position will also be responsible for:

• Conducting research and analysis to better understand organizational issues and strategies, as well as industry/market trends relating to areas including compensation, total rewards, attraction/retention of talent, organization strategy and goals etc.
• Providing meaningful and tailored insights based on a combination of understanding an organization’s internal talent and compensation needs, along with external market practices and applicable legislation
• Conducting external market reviews and assessments to help organizations better understand their compensation and total rewards competitiveness relative to their peers
• Designing and implementing workforce and executive compensation and total rewards strategies and structures, as well as incentive plans that align to an organization’s pay-for-performance environment
• Designing and implementing job evaluation systems and providing job description writing and evaluation support
• Conducting pay equity assessments and analysis (Federal and Provincial) to support an organization’s pay equity compliance strategy
• Conducting total rewards assessments and analysis to support organizations in identifying potential changes to elements of their total rewards package
• Participating in M&A and post-harmonization compensation and total rewards engagements
• Preparing client reports and presentations, including recommendations presented to senior management, HR leaders, boards of directors, and executives
• Managing client relationships and acting as the main point-of-contact on compensation and total rewards projects
• Leading and providing guidance to a team of analysts in the completion of multiple compensation and total rewards projects
• Participating in team brainstorming sessions to develop client recommendations
  

Skills and attributes for success

• The ability to work independently in a fast-paced, dynamic team-oriented environment
• Ability to be flexible and adapt to work under changing client needs and tight timelines
• Strong attention to detail and organizational skills; with the ability to work on multiple projects at once
• Excellent verbal and written communication skills

To qualify for the role you must have

• A bachelor's degree majoring in business, economics, finance, mathematics, statistics, or HR
• Minimum 8-10 years of compensation and/or relevant work experience (consulting experience preferred)
• Significant project management experience, leading multiple projects and managing multiple timelines, with the ability to lead a team to achieve project goals and deliverables
• Strong technical, critical thinking, and analytical skills (both qualitative and quantitative) with the ability to apply these skills to a new environment and new projects
• Strong knowledge of advanced Microsoft Excel formulas/functions and ability to develop inter-connected analysis files and worksheets
• Experience in conducting data analysis, working with large and complex data sets, and developing presentations and reports in Microsoft PowerPoint

What we look for

We’re interested in strong team players who support their colleagues in reaching their goals while also considering their own workload and development. We’re looking for people with a genuine passion for compensation and total rewards, understanding and interested in the future of compensation and total rewards, and are inspired to help the world’s leading multinational organizations achieve their compensation and total rewards strategies. If you are interested in being part of, and contributing to, a growing team and supporting organizations on solving their compensation and people agenda issues, then we are interested in you.

What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture - built on high-performance teaming - where everyone can achieve their potential and contribute to building a better working world for our people, our clients and our communities. It's one of the many reasons we repeatedly win awards for being a great place to work.

We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you to decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

• Support, coaching and feedback from some of the most engaging colleagues around
• Opportunities to develop new skills and progress your career
• The freedom and flexibility to handle your role in a way that’s right for you

Diversity and Inclusion at EY

Diversity and inclusiveness are at the heart of who we are and how we work. We’re committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We embrace diversity and are committed to combating systemic racism, advancing gender equity and women in leadership, advocating for the 2SLGBTQIA+ community, promoting ourneuroinclusionand accessibility initiatives, and are dedicated to amplifying the voices of Indigenous peoples (First Nations, Inuit, and Métis) nationally as we strive towards reconciliation. Our diverse experiences, abilities, backgrounds, and perspectives make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.

EY | Building a better working world

EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.

Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.

Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.