Join our Winning Team as a Compensation Partner!
Isn't it time you bragged about where you work? At CARFAX, we do, every day. We pride ourselves on being mission-focused on helping to grow a brand built on accuracy and integrity. We care deeply about our products and our customers. We’re more than just a company: We help millions of consumers make more-informed decisions every day. We know that our teammates are our most valuable asset, and we value a balanced life while tackling challenging projects in a fast-paced environment.
We are seeking a dynamic and experienced Compensation Partner to join our Human Resources team. The ideal candidate will possess a strong background in broad-based compensation, short-term and long-term incentive programs, and sales compensation. This role is pivotal in acting as a strategic business partner to various departments, ensuring that our compensation offerings are competitive, equitable, and aligned with the organization’s goals and objectives.
This role has an expectation of 3 days in the London, ON office per week, subject to change based on future business needs.
What you'll be doing:
- Act as a compensation advisor to business stakeholders across the organization by providing guidance on compensation and career development programs
- Design, implement and manage comprehensive global compensation structures that align with the company’s compensation philosophy and business objectives through job architecture and internal rewards programs
- Conduct external market pricing/benchmarking to ensure Carfax remains competitive to attract, develop and retain our talent and ensure compliance with legal and regulatory requirements
- Develop, administer and evaluate short-term and long-term incentive programs that drive performance and retention. Monitor effectiveness of existing programs and recommend recommendations.
- Administer compensation planning processes that include merit, bonus and promotion actions by setting up and performing testing of the tool, consultant with business stakeholders on individual decision-making and executing operational processes for employee communication and payroll processing.
- Educate and train managers and HR colleagues on job architecture, compensation philosophies, practices and tools.
- Respond to requests from business stakeholders by conducting job analysis and compensation recommendations.
- Participate in annual compensation and salary planning surveys.
What we're looking for:
- BS in Human Resources, Business, Finance and/or a related field.
- 3-5 years of experience in a compensation, finance, or business analytics-related role.
- Strong analytical skills and proficiency in HRIS and data analysis tools.
- Strong global compensation and sales compensation experiences.
- Excellent interpersonal and communication skills, with the ability to influence and build effective relationships.
- Strong business acumen and ability to align compensation strategy with business objectives.
- Demonstrated ability to manage multiple projects and priorities in a dynamic environment
- Certified Compensation Professional (CCP) status is a plus
Vacancy Status:
This posting is for an existing vacancy.
Base Salary:
The anticipated base salary range for this position is $72,000 to $102,000 annually. Final base salary will be determined based on geographical location, experience, and qualifications.
Benefits:
Join a company that values your total wellbeing. Carfax offers competitive compensation, comprehensive healthcare coverage, and the chance to make a meaningful impact in an industry-leading organization. Our benefit offerings can be found at:
CARFAX Careers.