Compensation Specialist at IKO Industries Ltd
Brampton, ON L6W 1V7, Canada -
Full Time


Start Date

Immediate

Expiry Date

13 Nov, 25

Salary

70000.0

Posted On

13 Aug, 25

Experience

3 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Cebs, Ccp, Benefits Design, Job Evaluation, Excel

Industry

Human Resources/HR

Description

Role: Compensation Specialist
Job Summary: We are seeking a skilled Compensation Specialist to join our HR team at our Toronto, ON, or Mississauga, ON office. In this role, you will develop and implement competitive compensation programs in Canada and the US to attract and retain top talent and ensure fair employee compensation packages. Your expertise will contribute to high employee satisfaction and engagement levels.
Location: Greater Toronto Area
Compensation: Base salary of $70,000.00 to $85,000.00 per annum.

QUALIFICATIONS

  • Minimum 5 years’ Experience working in a similar role dedicated to Total Rewards including job evaluation, benefits design and administration in a complex organization.
  • Bachelor’s degree in Human Resources, Business Administration, or a related field.
  • A relevant certification such as CEBS, CCP, CHRP, CHRL is highly preferred.
  • Extensive knowledge of designing and managing compensation and benefits programs.
  • Minimum 5 years’ Experience working in a similar role dedicated to Total Rewards including job evaluation, benefits design and administration in a complex organization.
  • Strong knowledge of MS Office, including Excel, and HCM, preferably Workday.
Responsibilities
  • Work with clients to establish a Total Rewards strategy for the organization, and its business units, based on strategic requirements including compensation, benefits, and wellness elements.
  • Lead the job evaluation process, including maintaining job descriptions, and establishing classifications based on the process of job classification, maintain the organization’s job evaluation system, job classification including job evaluation, leveling, and classification determine the job level and classification and maintain a comprehensive job evaluation system for the organization.
  • Benchmark jobs against survey data and other market intelligence to determine competitive pay for the jobs.
  • Provide analytical support and subsequent recommendations to local client-facing HR and Talent Acquisition on compensation-related events (e.g., hiring, promotions, transfers, demotions etc.)
  • Prepare and present job and total rewards analysis requested by the business.
  • Gather data from market-based surveys and assess market trends, prepare an analysis of findings, and propose recommendations based on those findings.
  • Review compensation and benefits trends in Canada and the US to understand the markets, assess strategies, and propose recommended courses of action.
  • Collect data and perform cost analysis for employee negotiations and collective bargaining, and act as a subject matter expert with the negotiations team.
  • Support the annual compensation cycles across North America.
  • Develop and document total rewards procedures to streamline processes and ensure regulatory compliance.
  • Guide and train HR on total rewards processes and ensure adherence to the process.
  • Partner with HRIS to administer and maintain total rewards processes in Workday.
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