Senior Manager, Total Rewards

at  AIMCo Alberta Investment Management Corporation

CLOSING DATE:

August 28, 2024
Opportunity

Responsibilities:

• Compensation Program: Monitor the effectiveness of existing global compensation policies, guidelines and procedures recommending plan revision as well as new plans that are consistent with compensation trends and corporate objectives.
• Contribute to the design of total rewards strategy and programs that enhance AIMCo’s ability to attract, retain and motivate talent require to deliver results to clients.
• Advise People & Culture colleagues on individual compensation arrangements, maintain the integrity of the compensation program and support equitable and fair decisions related to employee compensation.
• Lead annual salary survey, coordinate completion of salary surveys and analysis of results, developing recommended salary structures utilizing survey data, market research and industry knowledge.
• Maintain incentive program calculations and records, communicate with Finance on financial reporting impacts, liaise with auditors on annual audit requirements.
• Preparation annual compensation cycles and events (i.e., incentive programs and salary reviews, preparation of Total Reward Statements).
• Partner with the HR Business Partners in the job evaluations and review of job descriptions and internal leveling positions.
• Benefit and Pension: Monitor the effectiveness of existing benefits programs, review and revise benefit related policies, ensure communication to employees and correct set up in time reporting systems.
• Support employee pension programs, maintain participation policies and Plan texts as legislation changes require, complete annual reporting to pension administrators and regulatory authorities.
• Administer and monitor policies relating to global mobility. This includes applying knowledge of immigration, expatriate taxation and mobility practices and liaising with outsourced vendors as required.
• Human Resources Policy: Responsible for policy review for Total Reward policies
• Supports the development of new policies and programs for the People & Culture team, providing recommendations regarding changes and establishing drafts to support program
• Consider People & Culture policies issues and make recommendations regarding issues for consideration, both in new and existing policies.

Ideal Candidate Experience and Qualifications:

• 7+ years experience related to the administration and establishment of compensation practices with experience in salary planning and administration at all organizational levels.
• High degree of analytical skills with demonstrated ability to develop recommendations, strategies and responses from data.
• Ability to lead through collaboration, develop effective working relationships and manage
• Excellent project management skills.
• Advanced Excel skills.
• Keen awareness of the impact of the decision making on AIMCo’s commitment to building an equitable and inclusive work environment.

Next Steps
We are excited to meet you. Please submit your resume or CV to be considered for this opportunity. Applications are being reviewed on a rolling basis and we will be in touch with any questions.
Final candidates will be asked to undergo a security screening, which includes a credit bureau and a criminal record investigation, the results of which must be acceptable to AIMCo.
ALERT - Be on the lookout for AIMCo career opportunities advertised through third parties that request an application fee or too much information. To verify, all opportunities are posted on aimco.ca/jobs
Just like our investments, our international team is stronger when we are diversified. At AIMCo, we draw upon the differences in who we are, where we come from, and the way we think to foster sophisticated solutions for Albertans. Doing business the right way means building an equitable organization inclusive of all races, genders, ages, abilities, religions, neurodiversity, identities, and lived experiences. Simply put, when you can show up as your authentic self every day, you and your team can truly thrive — all in service of our clients and their beneficiaries

• Compensation Program: Monitor the effectiveness of existing global compensation policies, guidelines and procedures recommending plan revision as well as new plans that are consistent with compensation trends and corporate objectives.
• Contribute to the design of total rewards strategy and programs that enhance AIMCo’s ability to attract, retain and motivate talent require to deliver results to clients.
• Advise People & Culture colleagues on individual compensation arrangements, maintain the integrity of the compensation program and support equitable and fair decisions related to employee compensation.
• Lead annual salary survey, coordinate completion of salary surveys and analysis of results, developing recommended salary structures utilizing survey data, market research and industry knowledge.
• Maintain incentive program calculations and records, communicate with Finance on financial reporting impacts, liaise with auditors on annual audit requirements.
• Preparation annual compensation cycles and events (i.e., incentive programs and salary reviews, preparation of Total Reward Statements).
• Partner with the HR Business Partners in the job evaluations and review of job descriptions and internal leveling positions.
• Benefit and Pension: Monitor the effectiveness of existing benefits programs, review and revise benefit related policies, ensure communication to employees and correct set up in time reporting systems.
• Support employee pension programs, maintain participation policies and Plan texts as legislation changes require, complete annual reporting to pension administrators and regulatory authorities.
• Administer and monitor policies relating to global mobility. This includes applying knowledge of immigration, expatriate taxation and mobility practices and liaising with outsourced vendors as required.
• Human Resources Policy: Responsible for policy review for Total Reward policies
• Supports the development of new policies and programs for the People & Culture team, providing recommendations regarding changes and establishing drafts to support program
• Consider People & Culture policies issues and make recommendations regarding issues for consideration, both in new and existing policies