Compensation and Benefits Manager

Company:  Ocean Capital Holdings Limited
Location: Saint John
Closing Date: 04/08/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Responsibilities : Compensation: Manage and maintain the compensation structures and administration guide (grading system, job evaluation system, job description policy, promotion policy), aligned with corporate culture and values Evaluate and modify existing compensation programs, policies, and procedures, developing and implement new compensation programs aligned with our People Strategy Manage and be a subject matter expert in our compensation processes and system, includes salary, bonus, and incentive plans in our HRIS, troubleshooting and resolving system issues as required Manage our compensation strategic partner relationships, collaborating with them to identify best practices and emerging trends in the market Monitor internal equity & analytics data, prepare reports, presentations for business decision making  Support the HR Team with recruitment and talent management activities as it relates to compensation  Provide training to HR Teams on the compensation model and structures ensuring training materials are up to date and current Benefits: Manage our Unified Benefits plan offerings, recommending and implementing changes to ensure we remain competitive in attracting and retaining our people Manage our benefits strategic partner relationships, collaborating with them to identify best practices and emerging program trends in the market Additional Functions: Monitor and analyze government legislation, ensuring compliance to compensation and benefits regulations Competencies:  Proactive delivery: Strive to exceed expectations; taking accountability for keeping own performance on track Owning your development: Demonstrate a strong commitment to personal learning and development Creating personal impact: Show confidence and positive attitude, contributing to the energy of the team Aligning self: Organize and prioritize own contribution to the goals and priorities of the team and business Rational influencing: Provide compelling business cases and arguments to persuade upwardly and with peers Supporting others: Building mutual support and understanding with colleagues High quality decision making: Make smart decisions weighing risk and reward to help team/department performance Making improvements: Show curiosity in seeking opportunities to make improvements; increasing efficiency, effectiveness and customer success Education, Experience, and Skills: Bachelor Degree in Human Resources Management, Business Administration, or a finance-related field, Masters Degree is an asset Certified Employee Benefits Specialist, Compensation Management Specialists, or Certified Compensation Professional  The ideal candidate will have 5+ years of experience as a Compensation & Benefits Manager or in a related role Extensive knowledge of benefits and compensation programs, policies, procedures, and applicable legislation  Experience managing benefits and compensation in HRIS Proficiency with MS office tools and advanced proficiency with Excel Excellent communication and organizational skills Strong analytical, problem-solving, and decision-making skills Strong presentation and negotiation skills  Networking and Influencing skills Strong Ethics and Discretion Other Skills which would be considered an asset: Background in finance and analytics  Experience with Oracle Fusion HCM software CPHR certification
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Ocean Capital Holdings Limited
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