Compensation Specialist, HR​/Recruitment

51807 - Toronto - Regular .

Hiring Salary Range: $89,.00 / year

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

It’s an exciting time to join the team at Hydro One!

Job Function:

Hydro One is seeking an experienced Compensation Specialist with proven contributions in compensation management, job evaluation, and compliance and reporting. We’re looking for a strong collaborator with effective organizational skills, attention to detail, a thorough understanding of equity compensation plans, and experience/familiarity with equity management platforms and regulatory policies and procedures. The role administers employee equity programs, focusing on restricted shares units and employee share purchase plans, supports employees and partners with information about share plans and equity resources and builds and maintains effective relationships with partners across the organization.

The role also develops and maintains compensation structures aligned with business goals and market competitiveness. The role conducts job evaluations, job matching, and market pricing using salary surveys and benchmarking tools, analyzes compensation trends, and provides recommendations to support retention, performance, and equity. Additionally, the role develops reports, dashboards, and analytics to support decision-making, monitors market trends, regulatory changes, and best practices in total rewards, and ensures compliance with pay equity, pay transparency, and applicable employment legislation.

The ideal candidate will have highly developed interpersonal, customer and partnering skills along with effective communication, discretion, and problem-solving abilities.

General Accountabilities:

• Analysis & Research:
  Conduct market trend analysis, salary surveys, and cost analysis to benchmark compensation/benefits against competitors.
• Program Design:
  Develop and implement salary structures, job grades, and incentive plans.
• Job Evaluation:
  Evaluate job descriptions to determine classification, exempt/non-exempt status, and salary levels.
• Consultation:
  Advise HR Business Partners and managers on compensation-related issues and policy interpretation.
• Compliance:
  Ensure adherence to federal, state, and local wage/hour laws.
• Administration:
  Manage compensation data, process pay transactions, and support benefits enrollment.
• Reporting:
  Prepare reports and provide data for executive review and strategic planning.

Selection Criteria:

Essential Skills:

• Strong analytical and data analysis skills.
• Excellent communication (written/verbal) and interpersonal skills.
• Proficiency with HRIS, MS Excel, and data management.
• Knowledge of compensation principles and relevant laws.
• Detail-oriented with problem-solving abilities.

Typical Qualifications:

• Bachelor's degree in HR, Finance, or related field.
• Experience in HR/Compensation (often 3-5+ years).

Skills:

• data analysis: proficiency in data analysis tools and techniques to interpret compensation data and identify trends.
• strategic thinking: a strategic mindset to design and implement compensation programs aligned with organizational goals.
• communication: clear and effective communication skills for explaining complex compensation concepts to employees and presenting recommendations to senior management.
• attention to detail: meticulous attention to detail in evaluating job positions, managing data, and ensuring legal compliance.
• ethical judgment: ethical judgment is crucial when making decisions related to compensation practices, ensuring fairness and equity.
• adaptability: flexibility and adaptability to navigate changes in compensation strategies, market trends, and legal regulations.
• collaboration: strong collaboration skills to work effectively with HR teams, finance professionals,…