Compensation Consultant

Waterloo, ON, Canada

Job Description


You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world. : Reporting to the Director, Compensation the Compensation Consultant supports the enablement of the Total Rewards, HR and enterprise strategies by:

  • Supporting HR Business Partners in the delivery of compensation programs and business initiatives
  • Maintaining and enhancing compensation programs, processes and tools
  • Performing research, analysis and reporting on Sun Life’s market competitiveness
This role supports Sun Life’s corporate functions, IT organization and UK business. It is an agile role where Toronto is the primary work location. What will you do?
  • Build understanding of available and relevant data (quantitative and qualitative) and perform analysis to gain new insights that support business decisions
  • Draw upon a variety of sources to understand industry developments and trends, including internal and external compensation design, practices and policies
  • Lead smaller compensation-related projects or work streams, seeking optimization opportunities
  • Review, recommend, implement and support appropriate compensation and Total Rewards solutions (programs, processes, tools, data) with the goal of enhancing the Employee and Business Partner experience
  • Play a key role in supporting HR Business Partners during the annual pay cycle
  • Evaluate jobs using Sun Life’s job evaluation methodology
  • Make data-driven compensation recommendations
  • Respond to inquiries from HR colleagues
What do you need to succeed?
  • University degree and 3-5 years of relevant experience
  • Completion or progress toward CCP or CHRP designation preferable
  • Strong knowledge of compensation practices and theory
  • Advanced Microsoft Excel skills (e.g., V-lookup, pivot tables, formulas, formatting, etc.)
  • Strong analytical, problem solving and financial modeling skills, with an eye for detail and accuracy (experience with statistics and data visualization technologies such as Tableau is an asset)
  • Excellent interpersonal, communication and consulting skills, incorporating different perspectives, backgrounds and styles
  • Excellent initiative to plan and manage work independently, including proactively solving problems and identifying ways to improve work processes and practices
What's in it for you?
  • Being a member of the Sun Life family, a group of people united by our Purpose: to help Clients and Employees achieve lifetime financial security and live healthier lives
  • A friendly, collaborative and inclusive culture
  • We’re honoured to be recognized as a 2022 Best Workplaces in Canada by Great Place to Work® Canada
  • Flexible Benefits from the day you join to meet the needs of you and your family
  • Pension, stock and savings programs to help build and enhance your future financial security
  • Wellness programs that support the three pillars of your health – mental, physical and financial
The Base Pay range is for the primary location for which the job is posted. It may vary depending on the work location of the successful candidate or other factors. In addition to Base Pay, eligible Sun Life employees participate in various incentive plans, payment under which is discretionary and subject to individual and company performance. Certain sales focused roles have sales incentive plans based on individual or group sales results. Diversity and inclusion have always been at the core of our values at Sun Life. A diverse workforce with wide perspectives and creative ideas benefits our clients, the communities where we operate and all of us as colleagues. We welcome applications from qualified individuals from all backgrounds. Persons with disabilities who need accommodation in the application process or those needing job postings in an alternative format may e-mail a request to thebrightside@sunlife.com. At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs. We thank all applicants for showing an interest in this position. Only those selected for an interview will be contacted. Salary Range: 50,100/50 100 - 81,900/81 900 Job Category: Human Resources Posting End Date: 26/08/2022

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Job Detail

  • Job Id
    JD2021464
  • Industry
    Not mentioned
  • Total Positions
    1
  • Job Type:
    Full Time
  • Salary:
    Not mentioned
  • Employment Status
    Permanent
  • Job Location
    Waterloo, ON, Canada
  • Education
    Not mentioned