Compensation Manager
Maple Leaf Foods Inc.
Mississauga, ON-
Number of positions available : 1
- Salary To be discussed
- Published on December 9th, 2024
-
Starting date : 1 position to fill as soon as possible
Description
Leading a team of compensation specialists, the Compensation Manager will lead and manage compensation programs with a focus on executive compensation. The ideal candidate will ensure the organization maintains competitive, equitable and compliant compensation practices while aligning with strategic business goals. Snapshot of a Day-in-the-Life:
- Implement and manage executive compensation programs, including base pay, bonuses, equity plans / long-term incentives.
- Conduct market analysis and benchmarking to ensure executive pay remains competitive and aligned with industry standards.
- Ensure compliance with legal, regulatory, and governance requirements.
- Prepare compensation data for proxy disclosure and compensation committee meetings and support with the development of compensation committee meeting materials.
- Responsible for the analysis and administration of annual executive compensation programs including long-term incentive programs.
- Lead the salary survey process and market data evaluation for executive positions and for the broader organization.
- Manage pay structure evaluations, job classifications, and compensation analytics for the broader organization.
- Lead the full-cycle execution of the organizations compensation plans and programs including pay policy, compensation structure, salary planning, incentive plans, and recognition programs.
- Oversee and audit the ongoing execution of compensation programs according to company policies and statutory compliance.
- Develop and deliver compensation training and education to all levels of leaders, HR business partners and employees throughout the organization.
- Lead pay equity reviews and maintenance across both union and non-unionized groups where legislatively required. Where not required by law, ensure we maintain a foundation of fairness and equal application of pay.
- Design key scorecard indicators related to compensation.
- Provide analytical support, cost analyses and subsequent recommendations on compensation related events including hiring, promotions, transfers, etc.
- Provide advice, modeling, and analytics on data-driven compensation, incentive, and enhancements to compensation programs.
- Monitor market competitiveness of MLF compensation programs and perform complex analysis, and delivery of findings to HR Business Partners and business leaders.
- Responsible for the rewards and recognition programs, and service awards programs.
- Maintain a thorough understanding of compensation and recognition program design, practices, policies, and competitive industry trends.
- Lead and participate in ad-hoc compensation and recognition related projects as required.
- Develop strong relationships with HR Business Partners to ensure appropriate solutions in support of client group requirements.
- Partner with HR, Payroll, Legal, Finance and IS to administer and maintain compensation processes and data in HRIS and/or other tools/applications.
- Strong applied knowledge of compensation practices and theory. Expertise in executive and employee compensation program design, plan modelling, and implementation.
- Superior analytical skills: ability to analyze statistical, financial data, understand cost impact to the business and develop recommendations.
- Strong project management and planning skills. Exceptional organizational skills and proven ability to manage multiple priorities.
- Ability to work independently as well as a part of a team in a collaborative manner.
- Client focused with ability to forge partnerships within the business.
- Ability to manage information with accuracy, security, and confidentiality.
- Effective communication and consulting skills with capability to adapt to a variety of audiences including executive level.
- Bias for continuous improvement, ability to leverage data and technology to improve outcomes.
- Bachelors degree in business administration, Human Resources, or related field.
- Completion or progress toward CCP or CHRP designation preferred.
- Minimum 5-7 years of working experience in Compensation with executive compensation. proficiency, with at least 2-3 years at manager level.
- Experience in a human resources function, including demonstrated experience with job evaluation, and job analysis.
- Prior experience with long-term incentive administration applications (i.e., Shareworks).
- Knowledge of regulations and compliance requirements related to employee and executive compensation.
- Strong knowledge of the Pay Equity Act and other compensation related regulations, standards, and legislations.
- Solid understanding of compensation principles and practices, including pay structure design and
- modelling
- Advanced working knowledge of Human Resource Information Systems (HRIS)
- Advanced proficiency in Microsoft Office programs; superior experience building Excel models and graphical displays of data is essential.
- Prior experience with SAP/Success Factors is an asset.
- Being part of a high-performance, people-focused company that has an inspiring and unique vision to become the most sustainable protein company on earth, and a deep commitment to sustainable protein across North America.
- An inclusive company culture and a work environment that keeps our people safe, rewards excellence, and empowers everyone to learn and contribute their best.
- A hybrid work model that embraces remote work for eligible roles, helping team members achieve work-life balancecombining the best of both spending time working remotely, benefitting from focus time, and purposeful collaboration in the office setting.
- Competitive Health and Wellness benefits that offer flexibility to meet your individual or family needs, including programs focused on improving mental health and wellbeing. These benefits start on your first day of employment.
- Defined Contribution Pension Plan with company matching that starts on your first day of employment.
- Learning and development opportunities, including workshops, speaker series events, and resources that allow you to develop your skills and progress your career.
- Comprehensive tuition reimbursement program that supports continuous learning and development of our team members through investment in eligible degrees, diplomas, professional certification, or trades programs.
- Supporting our deep commitment to community impact, we offer up to two paid days annually to volunteer at a cause of your choice.
Were passionate about food. For more than 100 years, weve made delicious, healthy protein that Canadians love under iconic national and regional brands, like Maple Leaf, Schneiders, and Greenfield Natural Meat Co. Were on a journey to become the most sustainable protein company not just in Canada but on earth.
- We are carbon neutral.
- We are one of the only food companies in Canada to set science-based targets.
- Doing Whats Right
- Shared Value
- High Performance
- Diverse and Inclusive Teams
- Disciplined Decision Making
- Our Accountability
- Intense Curiosity
- Transparency and Humility
We thank all applicants for their interest in exploring employment opportunities with Maple Leaf Foods; however, only those selected for an interview will be contacted. Applicants may be subject to a background check and must meet the security criteria designated for the position.
Championing diversity and inclusion is a critical component to advancing our collective purpose and vision, living the Maple Leaf Leadership Values, and delivering winning results. Accommodation is available upon request for applicants with disabilities in the recruitment and assessment process and when hired; please contact our Talent Attraction Team ataccommodations@mapleleaf.com.
Disclaimer: Please note that salaries posted on sites other than the MLF Careers Page are not a reflection of Maple Leaf Foods and are an estimated salary range provided by that particular job board. Maple Leaf Foods offers competitive wages and an attractive total rewards package, which will be discussed during an interview with our Talent Team.
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