Senior Specialist, Market Intelligence, Total Rewards
Job Type: Permanent
Reference code: 127764
Primary Location: Toronto, ON
All Available Locations: Toronto, ON
Our Purpose
At Deloitte, we are driven to inspire and help our people, organization, communities, and country to thrive. Our Purpose is to build a better future by accelerating and expanding access to knowledge. Purpose defines who we are and gives us reason to exist as an organization.
By living our Purpose, we will make an impact that matters.
- Have many careers in one Firm.
- Enjoy flexible, proactive, and practical benefits that foster a culture of well-being and connectedness.
- Be expected to share your ideas and to make them a reality.
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Looking for an opportunity to help build a competitive compensation program that will attract and retain top talent? Read more about joining our Total Rewards team as the Senior Market Intelligence Specialist below!
What will your typical day look like?
As the Senior Market Intelligence Specialist, you'll dive into the fascinating world of campus and experienced hire compensation as part of our Total Rewards team! You will be responsible for finding alternative and creative ways to gather market intelligence beyond salary surveys and will be encouraged to use AI and GenAI in the process. Armed with this knowledge, you'll provide recommendations on competitive compensation rates, ensuring our business applies industry best practices and stays ahead of the game. Additionally, you'll have the chance to collaborate with our talented team and help guide strategic decision making when it comes to compensation philosophy. Get ready to make a real impact that matters and have fun while doing it!
Expectations of this role are:
- Liaising across all businesses as it relates to our go-to-market campus and experienced hire compensation and Total Rewards strategy
- Leveraging alternative and creative ways of gathering intel beyond traditional sources available
- Conducting market research and analysis and providing recommendations in support of our campus hire Total Rewards offering
- Conducting market benchmarking exercise including:
- Gathering and analyzing market data and intelligence to inform the firm's campus compensation and Total Rewards strategies
- Completing market sensing exercises through primary and secondary resources including desktop research and by leveraging AI
- Providing insights around market trends and movements, modelling scenarios and calculating cost impacts to determine affordability
- Collaborating with cross-functional stakeholders (i.e. Talent Advisors, Business Leaders, campus recruitment teams, etc.) to share recommendations in alignment with business strategy
- Preparing reporting and analysis of key metrics for the business as required
- Reviewing and developing leadership communication materials to support Total Rewards programs
- Support the team as required across all dimensions of our Total Rewards program, including during our financial planning and Mid-Year & Year-End compensation cycles
About the team
Total Rewards is a Centre of Excellence within the People Experience team, a key function of the Culture & People Office. The role of the team is to drive leading practices and processes by applying deep HR functional knowledge, a strong understanding of business imperatives, and leading trends to deliver market leadership.
We do this by:
- Acting as a steward of the employee experience, with services aligned to key employee lifecycle milestones
- Establishing program services to support complex, escalated, or strategic process/cycle needs
- Focusing on the employee journey by delivering end-to-end operational and strategic experiences through defined processes that are standard for all businesses
Enough about us, let's talk about you
You are someone who is/has:
- 4-5 years of compensation or equivalent HR experience in a large (ie. 5,000-10,000 employees), multi-discipline, multi-location environment; relevant university or college degree (HR, Business, Administration) and CCP designation would be considered an asset
- A self-sufficient research specialist with expertise in looking beyond traditional data sources
- Strong analytical skills with the ability to create insights from data, including advanced knowledge of MS Excel (ie. create complex formulas, pivot tables, vlook-ups, and conditional statements)
- Experience in market benchmarking and analyzing data from compensation surveys
- Thorough understanding of compensation policies and practices
- Excellent communication skills including the ability to summarize findings and key trends
- Effective interpersonal skills for building connections and collaborating across all levels of the firm
Total Rewards
The salary range for this position is $58,000 - $96,000, and individuals may be eligible to participate in our bonus program. Deloitte is fair and competitive when it comes to the salaries of our people. We regularly benchmark across a variety of positions, industries, sectors, targets, and levels. Our approach is grounded on recognizing people's unique strengths and contributions and rewarding the value that they deliver.
Our Total Rewards Package extends well beyond traditional compensation and benefit programs and is designed to recognize employee contributions, encourage personal wellness, and support firm growth. Along with a competitive base salary and variable pay opportunities, we offer a wide array of initiatives that differentiate us as a people-first organization. Some representative examples include: $4,000 per year for mental health support benefits, a $1,300 flexible benefit spending account, 38+ days off (including 10 firm-wide closures known as "Deloitte Days"), flexible work arrangements and a hybrid work structure.
Our promise to our people: Deloitte is where potential comes to life.
Be yourself, and more.
We are a group of talented people who want to learn, gain experience, and develop skills. Wherever you are in your career, we want you to advance.
You shape how we make impact.
Diverse perspectives and life experiences make us better. Whoever you are and wherever you're from, we want you to feel like you belong here. We provide flexible working options to support you and how you can contribute. Be the leader you want to be.
Be the leader you want to be
Some guide teams, some change culture, some build essential expertise. We offer opportunities and experiences that support your continuing growth as a leader.
Have as many careers as you want.
We are uniquely able to offer you new challenges and roles - and prepare you for them. We bring together people with unique experiences and talents, and we are the place to develop a lasting network of friends, peers, and mentors. Our TVP is about relationships - between leaders and their people, the firm and its people, peers, and within in our communities.
The next step is yours
At Deloitte, we are all about doing business inclusively - that starts with having diverse colleagues of all abilities. Deloitte encourages applications from all qualified candidates who represent the full diversity of communities across Canada. This includes, but is not limited to, people with disabilities, candidates from Indigenous communities, and candidates from the Black community in support of living our values, creating a culture of Diversity Equity and Inclusion and our commitment to our AccessAbility Action Plan, Reconciliation Action Plan and the BlackNorth Initiative.
We encourage you to connect with us at accessiblecareers@deloitte.ca if you require an accommodation for the recruitment process (including alternate formats of materials, accessible meeting rooms or other accommodations) or indigenouscareers@deloitte.ca for any questions relating to careers for Indigenous peoples at Deloitte (First Nations, Inuit, Métis).
By applying to this job you will be assessed against the Deloitte Global Talent Standards. We've designed these standards to provide our clients with a consistent and exceptional Deloitte experience globally.
Deloitte Canada has 30 offices with representation across most of the country. We acknowledge our offices reside on traditional, treaty and unceded territories as part of Turtle Island and is still home to many First Nations, Métis, and Inuit peoples. We are all Treaty people.