Associate, Compensation Advisory
OMERS is a purpose-driven, dynamic and sustainable pension plan that values diversity and employee growth. The Associate, Compensation Advisory will provide strategic compensation advice and deliver compensation processes, partnering with internal stakeholders to support various compensation activities and analysis.
Responsibilities
- Partner with internal stakeholders like HR Business Partners, talent acquisition, etc. to provide clear, data-driven, strategic compensation advice
- Deliver enterprise-wide variable compensation forecasting, analysis and annual business planning
- Partner with internal stakeholders on all incentive related audit inquiries for financial statement preparation
- Participate in the delivery of annual compensation activities for a specific business unit or units, i.e. merit cycle, compensation target reviews and year-end award decisioning
- Participate in market intelligence activities (compensation surveys and benchmarking, etc.) on a global basis
- Compile and analyze compensation data and metrics within Workday as required to build and deliver compensation reports and modeling for a variety of strategic business needs
- Proactively identify external market pressures on key skills and other external global market trends
- Support compensation modeling and analysis to support compensation programs and plan design enhancements
- Seek opportunities to drive enhanced awareness of compensation plans through education, communication and execution of compensation plan changes
- Work across HR functions to develop and maintain best-in-class compensation tools and resources to ensure efficiency, effectiveness and streamlining of compensation processes
- Monitor HR customer feedback and raise continuous improvement opportunities to leadership through appropriate governance channels
- Compile and analyze compensation data and metrics within Workday as required to build and deliver compensation reports
- Support with Benefits & Retirement initiatives and related projects as needed
Skills
- Bachelor's degree in Business Administration, Mathematics, Finance & Accounting, Human Resources or related field
- Minimum 1-2 years of compensation experience and expertise
- Strong analytical skillset and financial acumen
- Detail-oriented execution of routine and complex processes and relevant process intersection points
- Proactive focus on continuous improvement
- Excellent project management, planning, and organizational skills
- Ability to collaborate effectively across different groups in the organization and different levels of leadership
- Ability to build and maintain strong relationships
- Certified Compensation Professional (CCP) designation considered an asset
Benefits
- Annual Incentive Award pursuant to our Short-term Incentive plan
- Long-Term Incentive plan
- Participate in our group benefits and retirement plans
Company Overview