Job Description
● Define a fair, equitable, and competitive total compensation and benefits package that fits and is aligned with our company’s strategy and business goals.
● Develop a consistent compensation philosophy in line with the work culture and organizational objectives.
● Ensure that compensation practices are in compliance with current legislation (pay equity, human rights, etc).
● Use various methods and techniques and make data-based decisions on direct financial, indirect financial, and nonfinancial compensations.
● Assess employees' needs by conducting organizational psychology surveys to find out what motivates and engages employees.
● Prepare job descriptions, job analysis, job evaluations, and job classifications.
● Participate in salary and labor market surveys to determine prevailing pay rates and benefits.
● Differentiate pay systems to invest in the segments of the workforce that contribute the most value.
● Deploy effective communication strategies and success metrics.
● Conduct ongoing research into emerging trends, issues, and best practices.
● Conduct periodic audits and prepare reports.