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The Manager, Compensation Advisory& Governance is responsible for providing advisory services to senior business leaders and HR business partners in alignment with OMERS compensation philosophy and strategy. The role also leads key governance activities, develops compensation policies, and provides guidance on the implementation of compensation plans in line with industry-leading practices.
As a member of this team, you will be responsible for:
Compensation Advisory
- Provide expert advisory services to senior business leaders and HR business partners for OMERS Corporate teams.
- Responsible for conducting competitive positioning, strong and detailed technical analysis, and preparing compensation recommendations that support strategic business decisions and drive results.
- Lead the review and maintenance of total compensation plans and policies for OMERS Corporate teams, maintaining market competitiveness and internal equity.
- Partner with HR business partners to support the annual year-end compensation decisioning process, including providing market intelligence insights to senior leaders, compensation recommendations for year-end increases, and additional analysis and reporting for rollup review.
- Act as an escalation point for complex compensation queries and exceptions.
- Drive strategic priorities of the compensation team through key projects, including review of compensation frameworks, salary structures, analytics, and insights.
- Partner with People Experience Operations, Talent Acquisition, and HR Technology teams to execute compensation processes, support hiring decisions, and advise on HRIS configuration and reporting.
- Oversee the annual compensation benchmarking and facilitate the annual compensation survey process.
- Develop strong external networks and liaise with compensation peers in other organizations and industries to share compensation information and exchange best practices.
Executive Compensation and Governance
- Oversee HR Committee and C-Suite sign-off schedules and ensure timely coordination for executive and Board-level approvals for the annual compensation cycle approval process.
- Prepare materials for the quarterly HR Committee meetings, presenting compensation information and analyses to support recommendations.
- Lead compensation governance activities related to C-suite compensation reviews, year-end compensation awards and market competitiveness assessments.
- Lead governance activities related to incentive plan acknowledgements and legal review coordination, including engagement with internal and external advisors as needed.
- Draft year-end communications and support compensation statement and sign-off materials for senior leadership.
To succeed in this role, you have:
- University degree in a related discipline or equivalent in experience and education. Professional HR designation an asset.
- 7+ years of work experience in compensation or related field; experience in compensation consulting, executive compensation and governance is an asset.
- Experience partnering with senior business leaders, HR partners, and executive stakeholders to provide trusted advice on compensation matters.
- Deep knowledge of compensation plans, structures, governance practices, and executive compensation, recognized as a subject matter expert.
- Strong analytical capability, including the ability to interpret complex market and compensation data and translate insights into clear, defensible recommendations for business leaders.
- Experience preparing executive-level materials and presenting large underlying datasets with a clear and concise narrative.
- A team player, high results orientation, independent self-starter, with the ability to build rapport and maintain a high level of confidence and integrity at all levels of the organization.
- Strong attention to detail, sound judgment, and discretion when managing sensitive compensation and executive matters.
- Strong organizational skills with a demonstrated ability to achieve results in a complex environment, managing multiple priorities and time constraints.
- Strong MS Office skills, including advanced Excel and PowerPoint.
- Excellent communication and presentation skills, both written and verbal.
- Familiarity with HR technologies such as Workday HCM and compensation management systems.
This posting is for an existing vacancy.
The expected salary range for this position is $103,000.00 - $157,000.00 per year.
You may also be eligible to receive an annual Incentive Award pursuant to our Short-term Incentive plan and our Long-Term Incentive plan (if applicable), and to participate in our group benefits and retirement plans – details on these elements of compensation are included within OMERS& Oxford offer letters.
As one of Canada’s largest defined benefit pension plans, our people-first culture is at its best when our workforce reflects the communities where we live and work — and the members we proudly serve.
From hire to retire, we are an equal opportunity employer committed to an inclusive, barrier-free recruitment and selection process that extends all the way through your employee experience. This sense of belonging and connection is cultivated up, down and across our global organization thanks to our vast network of Employee Resource Groups with executive leader sponsorship, our Purpose@Work committee and employee recognition programs.
Artificial intelligence (AI) tools are used to support certain stages of the OMERS recruitment process. While AI assists us in our process, human judgment and decision-making remain central to our candidate experience.
