Compensation Partner

London , Canada
full-time

AI overview

Act as a strategic business partner in broad-based compensation and incentive programs, ensuring alignment with company goals and contributing to a competitive compensation structure.
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.

CARFAX is the go-to source for vehicle history information, providing essential details for used car transactions and empowering buyers and sellers with confidence.

View all jobs
Salary
CAD $72,000 – CAD $102,000 per year
Ace your job interview

Understand the required skills and qualifications, anticipate the questions you may be asked, and study well-prepared answers using our sample responses.

Compensation Partner Q&A's
Report this job
Apply for this job