Compensation Consultant (Hybrid) 18 - Month Contract

Job Description

<p><p>We are hiring for an exciting role that will lead key compensation projects at Prospera Credit Union. 18Month Contract.</p><h3>What you’ll do :</h3><ul><li>Review, evaluate, redesign and manage compensation programs by collaborating with the Manager, Total Rewards, to ensure programs are performance driven, market competitive, legally compliant, accurately administered and effectively communicated.</li><li>Lead large projects / special projects, including the planning, project management, delivery, and successful execution of key initiatives.</li><li>Lead the annual year-end cycle known as the Annual Compensation Review. In partnership with the Manager, Total Rewards, actively manage the successful delivery of the Annual Salary Review process, including the merit budget, salary structure review, and base pay decisioning. Coordinate key activities that support the Variable Incentive Program (VIP). Oversee the administration, communication, letters, and system updates.</li><li>Support the Director, Total Rewards and Manager, Total Rewards in managing Executive Compensation.</li><li>Lead comprehensive job analysis and evaluation to ensure Prospera jobs are compensated appropriately and equitably, supporting the employee value proposition and improving the ability to recruit, motivate and retain top talent.</li><li>Lead projects related to Pay Equity, Pay Transparency, Fair Pay, or Equal Pay analysis to support equitable compensation for all employees.</li><li>Collaborate with the Manager, Total Rewards, with HR Business Partners and People Leaders to identify compensation issues, develop salary analyses, and guide pay management actions and strategies.</li><li>Oversee and guide all activities required as part of the annual compensation review process and coordinate with PX on communication and administration of the year-end performance and salary review process.</li><li>Provide information and reports to the Manager, Total Rewards, Finance, Director, Total Rewards, and the People Experience Committee of the Board of Directors to inform decisions about compensation philosophy, salary reviews, variable pay, benefits, and pension plans.</li><li>Develop and deliver compensation training workshops and tools to enhance PX and People Leaders’ compensation knowledge. Develop and maintain salary administration guidelines and compensation-related policies.</li><li>Analyze market data to obtain credible data, ensure internal equity, external competitiveness, and alignment with total rewards; build relationships with external resources for timely competitive research.</li><li>Stay informed of trends and regulations that apply to compensation and total rewards programs.</li><li>Communicate with Talent Acquisition, People Experience Business Partners, and business leaders on compensation matters and work with external compensation consultants.</li><li>Advise internal and external parties on policies and approaches. Recommend process improvements to address issues with compensation and incentive program administration, reporting and plan design.</li></ul><h3>What you bring :</h3><ul><li>University degree or equivalent in Human Resources, Business, Finance, or related field; World at Work CCP certification is an asset.</li><li>Five plus years of progressive experience in compensation, HRIS, and/or total rewards.</li><li>Advanced level Excel skills, including data management, financial modelling and macros, business analysis report writing, and strong analytical and problem-solving skills; capable of developing analytical models.</li><li>High accuracy and ability to work with detailed data; ability to maintain confidentiality with highly sensitive information.</li><li>Demonstrated competence in multiple compensation disciplines (broad-based pay, executive comp, pay equity, sales comp, job analysis + evaluation, job architecture).</li><li>Proven influencer and collaborator abilities with capacity to guide senior leaders on compensation and benefits.</li><li>Ability to establish credibility quickly with management; energy and presence to contribute to the leadership team.</li><li>Experience partnering with stakeholders including senior leaders in a consultative and analytical capacity, with a focus on relationship management.</li><li>Client-focused and people-centric, with a get-it-done approach.</li><li>Proactive in identifying opportunities to evolve practices and introduce alternatives to current HR programs as appropriate.</li><li>Program and project management skills with a proven track record of execution and results.</li><li>Sound judgment, business acumen, and ability to contribute to the business overall.</li></ul><h3>What We Offer :</h3><p>Prospera Credit Union is a community-based, purpose-driven organization offering a full range of financial products and services. As one of the largest credit unions in British Columbia, we help build vibrant communities and financially empowered people.</p><ul><li>Prospera offers a total compensation package of base salary plus incentives that is market competitive and reviewed annually. Starting salary range: $83,250 to $92,500, depending on knowledge, experience and internal equity.</li><li>Flexible Work Program for some roles.</li><li>Flexible Benefits Program – choose what works best for you.</li><li>Defined Contribution Retirement Plan.</li><li>Vacation, Wellness and “Prosperian” Days – paid time off for well-being.</li><li>Professional development – grow your career and skills.</li><li>A supportive, collaborative work environment—we are a Great Place to Work certified organization.</li></ul></p>
#J-18808-Ljbffr