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Compensation and Benefits Strategist
2 months ago
About the Role
QIC is seeking a highly skilled Compensation and Benefits Analyst to drive market research, benchmarking, and analysis, ensuring our programs are competitive and compliant with global standards.
Key Responsibilities:
- Conduct comprehensive market research on compensation and benefits trends in the financial services sector, both locally and internationally.
- Benchmark QIC's compensation and benefits programs against industry standards, using various data sources and methodologies. Provide detailed reports and recommendations to ensure our programs are competitive.
- Assist in the design, implementation, and administration of diverse compensation and benefits programs, including remuneration structures, incentive plans, equity plans, retirement plans, health and wellness benefits, and more.
- Maintain up-to-date benchmarking survey data and position matches in the MyQ system, ensuring timely and accurate survey submissions.
- Ensure compliance with local and international compensation and benefits regulations, including tax, social security, labour laws, and data privacy.
- Prepare and manage accurate compensation and benefits data, reports, and documentation for internal and external use.
- Collaborate with internal stakeholders and external consultants to gather and validate compensation and benefits data, services, and solutions.
- Evaluate the effectiveness and competitiveness of our compensation and benefits programs and suggest improvements and enhancements.
- Serve as the Subject Matter Expert for compensation/benefits systems, including MyQ.
- Stay informed about the latest trends and developments in the compensation and benefits field, recommending best practices and innovative solutions.
About You
We're looking for someone with hands-on experience in compensation and benefits analysis who is ready to grow and thrive in a dynamic environment. A degree in Human Resources, Business Administration, Finance, or a related field will set you up for success.
What You'll Bring to the Table:
- Sharp analytical and numerical skills with a knack for problem-solving and attention to detail.
- Proven ability to work collaboratively with a business-focused, adaptable mindset.
- Strong communication skills to break down complex concepts into easy-to-understand insights.
- A drive to foster a culture of collaboration, innovation, and excellence.
