Compensation Specialist - Toronto

December 6 2024
Industries Consulting services
Categories Compensation -Benefits, Training - Development - Improvement
Toronto, ON • Full time
At EY, you'll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we're counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

The opportunity

Ernst & Young's people in more than 140 countries are committed to operating with integrity, quality and professionalism in the provision of audit, tax and transaction advisory services. We strive to help all of our people achieve their professional and personal goals through an inclusive environment that values everyone's contributions, appreciates diversity of thought, fosters growth, and provides continuous opportunities for development. Recognized as one of Canada's top employers, Ernst & Young continually strives to be a great place to work.

A key member of the EY People Team, the Compensation Specialist will assist in the development and ongoing evaluation of the firm's compensation programs, including base and variable pay as well as reward and recognition programs. The incumbent will provide support to HR and Leadership through the analysis and presentation data on all aspects of compensation. In addition, the incumbent will be responsible for managing and ensuring the accuracy of data in supporting Compensation systems.

Your key responsibilities

  • Assist in the development of base pay and incentive programs for the Assurance, Consulting, Tax, CBS, and SAT practices within Canada
  • Support the annual salary increase planning process for the Canadian Area through development of recommendations based on thorough analysis of competitive market data
  • Participate in Americas/Global projects
  • Provide technical support and training to users on Comp tools
  • Support Business Leaders, Service Line HR Consultants and HR Leaders through thorough analysis and presentation market data
  • Participate in compensation surveys
  • Compile appropriate market matches for EY roles and work with HR leaders to validate
  • Analyze and interpret survey results and draft reports which summarize findings
  • Conduct job evaluation for new and revised roles using the existing JE methodology
  • Ensure compliance with Canadian legislation
  • Continually strive to simplify and streamline processes to continue to drive consistency provide opportunities for adding value

Skills and attributes for success:

  • University degree required; candidates having a bachelor's degree are preferred
  • Minimum 5 + years experience in compensation or equivalent combination of training and experience
  • Previous experience with the development and utilization of compensation planning system and/or market data analysis system
  • Very strong computer skills including Excel (advanced formulas, pivot tables, and lookups), PowerPoint and PeopleSoft
  • Ability to do modeling and forecasting, and to link and work with multiple spreadsheets
  • Ability to collect, analyze and manipulate large amounts of data
  • Solid understanding of HR policies and practices
  • Strong oral and written communication skills that will enable you to clearly explain technical and complex issues to a broad audience at all levels within the organization
  • A team player who works closely with other members of the Total Rewards team

Ideally, you'll also have

  • CHRP and/or CCP designation is an asset.


What we offer

At EY, our Total Rewards package supports our commitment to creating a leading people culture - built on high-performance teaming - where everyone can achieve their potential and contribute to building a better working world for our people, our clients and our communities. It's one of the many reasons we repeatedly win awards for being a great place to work.

We offer a competitive compensation package where you'll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you to decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

  • Support, coaching and feedback from some of the most engaging colleagues around
  • Opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that's right for you

Diversity and Inclusion at EY

Diversity and inclusiveness are at the heart of who we are and how we work. We're committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We embrace diversity and are committed to combating systemic racism, advancing gender equity and women in leadership, advocating for the 2SLGBTQIA+ community, promoting our neuroinclusion and accessibility initiatives, and are dedicated to amplifying the voices of Indigenous peoples (First Nations, Inuit, and Métis) nationally as we strive towards reconciliation. Our diverse experiences, abilities, backgrounds, and perspectives make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world.

EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.
Apply now!

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