Compensation Analyst

Kal Tire - Vernon, BC (30+ days ago)

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COMPENSATION ANALYST
Kal Tire is Canada’s largest independent tire dealer and one of North America’s largest commercial tire dealers with over 260 Kal Tire retail and commercial stores in Canada, warehouse facilities and 10 retread manufacturing plants. In addition Kal Tire’s Mining Tire Group is a global leader in mining tire service and supply, operating on more than 150 mine sites across 18 countries and five continents. The company employs more than 6,500 team members globally.
Reporting to the Manager, Human Resources the Compensation Analyst will be responsible for providing support in the analysis and modeling, implementation and administration of competitive compensation programs that align with the organization’s compensation philosophy.

CORE RESPONSIBILITIES
Job Evaluation
 Research and prepare role profiles and assessment criteria for all positions.
 Evaluate requests for job leveling, job reclassification and promotions.
 Support in collecting and analyzing survey data to benchmark the company’s position; recommend changes to salary and benefit structures as required.
 Remain abreast of trends and developments in laws or regulations that apply to compensation and benefits.
 Provide guidance to managers with compensation questions/concerns.

Job Market Analysis
 Maintain and update competitive compensation trends and changes within the marketplace.
 Participate in and analyze survey results and industry trends. Maintain database of market information.
 Research and analyze market data utilizing third party surveys and internal comparative data to determine appropriate classifications for positions. Map the role profiles in the company’s organization matrix and appropriate level for internal equity.
 Remain abreast of the current research, trends and best practices in compensation.

Compensation Analysis
 Perform necessary analysis and provide input and support for compensation
policies to establish competitive programs and ensure compliance with legal
requirements.
 Conduct analysis to evaluate the effectiveness of existing programs. Based on
results of such analyses make recommendations for enhancements or changes
and bring forward any concerns that are identified.
 Participate in various compensation or total rewards-related projects which may
involve development and/or re-design of existing programs.
 Ensure compliance with legislation.
 Bring forth ideas and recommendations to improve or more strongly sustain our
market competitiveness.
 Annual data review of team members for incentive pay programs.

Program Support
 Assist with design and implementation of compensation and benefits policies;
evaluate and revise programs based on changes in policy direction and trend
analysis.
 Support the process for annual merit increase planning and costing.
 Support all variable pay, incentive, and sales commissions’ program analyses.
 Issue ad hoc, monthly, quarterly, and annual reports.
 Support HR Advisors with disability management.

WORK EXPERIENCE
 A minimum of 3 years' demonstrated experience in compensation program
administration and analysis.
 Experience in administration of program management for salaries, bonuses,
commissions, and other forms of compensation.

KNOWLEDGE, SKILLS, AND ABILITIES
 Knowledge of base salary, total cash, and total direct compensation plan design
and administration, performance-based compensation systems, and marketbased
pay structures.
 Proficiency in Excel with the ability to translate results into meaningful
recommendations and reports.
 Knowledge of federal and provincial compensation legislation.
 Experience working with HRIS applications.
 Intermediate analytical and modeling skills

EDUCATION
 Post-secondary degree, diploma or certificate with a focus in Human Resources,
with majority of experience in Compensation
 CHRP designation preferred
 CCP or working towards CCP designation a requirement

SPECIAL REQUIREMENTS
 Willing to travel when required.

Job Types: Full-time, Permanent

Experience:

  • Compensation: 1 year (Preferred)
  • Human Resources: 1 year (Preferred)