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Global Compensation Lead

Oxford Properties

This is a Contract position in Toronto, ON posted September 17, 2020.

Why join us?

Are you looking to join an innovative, global real estate company who builds communities and connects people to exceptional places? If so, we would love to tell you our story.

At Oxford, our culture is truly one of a kind. Across business lines and around the world, we embrace the complex and tackle opportunities with speed and agility. We are ambitious and humble, forward looking and service-focused. We get stuff done, and have fun doing it! We take great pride in contributing to the communities where we live. We believe that what is good for the environment is good for business. Together we deliver exceptional experiences to our over 2 million daily customers.

Reporting to the Director, Global Compensation, the Global Compensation Lead will be responsible for developing a creative and comprehensive compensation program in alignment with the business and HR strategy. This position is responsible for providing advisory services to senior business leaders and HR business partners, in alignment with OMERS compensation philosophy and strategy. The role will also develop compensation policies and provide guidance on the implementation of compensation plans in line with industry leading practices.

As a member of this team, you will be responsible for:

• Responsible for conducting competitive positioning, strong and detailed technical analysis and preparing compensation recommendations that support business partners in their ability to impact strategic business decisions and drive results
• Lead the design and maintenance of total compensation plans and policies to maintain market competitiveness and alignment with business strategy
• Providing forecast lead with up to date and accurate employee data file on a quarterly basis, including terminated employees and one time payments.
• Answering questions related to file and ensure forecast lead understands any employee related nuances, especially on new employees or terminated employees.
• Complete all plan design testing, including back-test, stress test, risk test, etc.
• Participate in discussions with the external compensation advisor to the Board during the plan design process
• Partner with People Experience (PEX) leadership to execute newly designed global compensation processes, continuously improve based on trends and analysis, and make recommendations to resolve exceptions
• Conduct post-implementation reviews to ensure design is achieving required strategic outcomes
• Drive strategic priorities of the compensation team (e.g., simplification of incentivized compensation frameworks) under the guidance of the Global Compensation Lead
• Identify changes on compensation policies, processes and programs, and partner with the PEX team to update knowledge management content
• Determine the appropriate compensation benchmarking and market surveys to be performed on an annual basis and consult on and off-cycle survey requests, under direction of the Global Compensation Lead and in partnership with vendors
• Act as escalation point for compensation queries and exceptions from PEX
• Develops strong external networks and liaises with compensation peers in other organizations/industries to share compensation information and exchange best practices
• Support the development of compensation reports and recommendations for Human Resources Committee review and approval

To succeed in this role, you have:

• University degree in a related discipline or equivalent in experience and education. Professional HR designation an asset.
• 5 – 7 years of related work experience, with a focus on Global Compensation
• Ability to consult and translate business needs into HR plans and programs that support the achievement of business goals and objectives
• Ability to establish and maintain effective working relationships with colleagues and senior management; experience with Board relations an asset
• Organization skills with a demonstrated ability to achieve results in a complex environment, managing multiple priorities and time constraints
• Strong MS Office skills, including advanced level Excel and PowerPoint
• Excellent communication and presentation skills, both written and verbal
• Ability to think and act strategically and to operationalize strategy into long- and short-term implications
• A team player, high results orientation, independent self-starter
• Demonstrated ability to achieve results in a complex environment, with multiple priorities and minimum supervision
• Organizational agility, with a high level of comfort in dealing with employees at all levels
• Ability to build rapport and maintain high level of confidence and integrity at all levels of the organization
• Strong analytical skills and attention to detail