Compensation Analyst

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

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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 market-based 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.
KAL TIRE AIMS

Must be consistently able to demonstrate the Kal Tire AIMS:
Earn trust of customers by providing them with quality and value of service and products.
Work productively, efficiently, and contribute.
Work towards expansion of the company and maintain competitiveness in the industry.
Honesty and Integrity.
HOW TO APPLY

Start your journey at Kal Tire by contacting our Vernon Office Recruitment Team or by clicking Apply below!