Associate Compensation/Benefits Analyst

Posted 5 Days Ago
Be an Early Applicant
2 Locations
In-Office
61K-77K Annually
Entry level
Healthtech
The Role
Administers compensation, benefits, wellness, incentive, recognition, and pay equity programs. Analyzes labor markets, job evaluations, salary ranges, and compensation trends; supports salary recommendations, regulatory compliance, employee communications, and Total Rewards projects. Works with HR and management to maintain equitable, competitive compensation practices and may lead or participate in process-improvement initiatives.
Summary Generated by Built In

Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.

A Day in the Life

Responsibilities may include the following and other duties may be assigned.

  • Develops and/or administers company employee benefits, wellness and compensation programs.
  • Responsible for direct or functional control over job evaluation and wage and salary administration programs, including all incentive plans.
  • Responsible for keeping abreast of trends and developments in the area of employee benefits and recommending nature and timing of benefit plan improvements.
  • May prepare and deliver employee communication and training programs.

Additional Responsibilities:

  • Develops and/or administers company employee compensation programs.
  • Responsible for direct or functional control over job evaluation and wage and salary administration programs, including all incentive plans. .
  • May prepare and deliver employee communication and training programs.
  • Prepare and support salary recommendations for new hires, promotions when needed
  • Support development, communication and administration of sales incentive plans that support the business strategies
  • Champion the global recognition program, Recognize!, in Canada and manage local recognition programs
  • Conducts surveys and studies labour markets to determine compensation trends; analyzes jobs, and reviews job descriptions and specifications; applies job evaluation techniques to establish equitable compensation rates within the organization as compared with rates in industry and related to government regulations
  • Support and make recommendations to management and HR related to compensation based on company philosophy, budget and market and interprets laws regulating compensation and benefits practices
  • Support Pay Equity requirements in Canada
  • Support and update salary ranges process every year keeping external equity and competitiveness
  • Provides creative input in development of effective communication strategies and tools that convey the understanding and core value of the Total Rewards programs
  • Participates in projects related to the improvement and the advancement of our Total Rewards and recognition programs and processes as a project team member or project team leader
  • Responsible to comply and assure Medtronic is following pay equity regulations by province where applicable

Salary Range: $61,440 - $76,800 

PLEASE NOTE:

  • We use artificial intelligence (AI) to review resumes of candidates and assess their fit based on the criteria outlined in the job posting. We do not use AI to make any final hiring or interview decisions.

  • This posting reflects a current, genuine vacancy that we are actively recruiting to fill.

PHYSICAL JOB REQUIREMENTS
  • The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers.

Medtronic Canada strives through our vision to build a culture of inclusiveness through our commitment to employment equity and diversity. Discrimination is prohibited on any grounds protected under Canadian Human Rights legislation. Employment applications are encouraged from all members of our community. Upon request, candidates with disabilities will be accommodated during the recruitment process

SPECIALIST CAREER STREAM: Typically an individual contributor with responsibility in a professional discipline or specialty. Delivers and/or manages projects assigned and works with other stakeholders to achieve desired results. May act as a mentor to colleagues or may direct the work of other lower level professionals. The majority of time is spent delivering and overseeing the projects – from design to implementation - while and adhering to policies, using specialized knowledge and skills normally acquired through advanced education.

DIFFERENTIATING FACTORS

Autonomy: Entry-level individual contributor on a project or work team.
Works with close supervision.

Organizational Impact: Delivers work of limited scope, typically smaller, less complex projects or related activities.

Innovation and Complexity: Identifies, defines and addresses problems that are not immediately evident but typically not difficult or complex.
Makes minor changes in systems and processes to solve problems .

Communication and Influence: Communicates primarily with internal contacts within immediate group.
Contacts others to gather, confirm and convey information.

Leadership and Talent Management: N / A – job at this level is focused on self-development .

Required Knowledge and Experience: Requires broad theoretical job knowledge typically obtained through advanced education.
Requires a Baccalaureate degree (or for degrees earned outside of the United States, a degree which satisfies the requirements of 8 C.F.R. § 214.2(h)( 4)(iii)(A), 0 years of experience required.


Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position. 

Recruitment Fraud Alert 

We are aware of phishing scams targeting job seekers. Please keep the following in mind: 


Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses. 


Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate. 


If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments. 


If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [email protected]



Benefits & Compensation

Medtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create.  We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
 



This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).

Skills Required

  • Baccalaureate degree
  • 0 years of experience required

Medtronic Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Medtronic and has not been reviewed or approved by Medtronic.

  • Parental & Family Support Paid leave for birthing and non-birthing parents is positioned as notably generous, with additional Family Care Leave available for a range of caregiving needs. Fertility, adoption, donor, and surrogacy support adds depth for different paths to family-building.
  • Retirement Support A 401(k) match and an employee stock purchase plan are presented as meaningful long-term savings tools. Scholarship and tuition programs further reinforce financial security beyond salary.
  • Healthcare Strength Medical, dental, and vision coverage is consistently described as a strong part of the total rewards package. Mental health resources, critical illness coverage, and wellness supports broaden the overall health offering.

Medtronic Insights

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The Company
HQ: Dublin
80,303 Employees
Year Founded: 1949

What We Do

Medtronic is a global healthcare solutions company operating in approximately 160 countries. We are committed to improving lives through our medical technologies, services, and solutions. Since our beginning, 60 years ago, our Mission has remained the same: to alleviate pain, restore health, and extend life for people around the world. The Mission is our ethical framework and inspirational goal guiding our day-to-day work. It reminds us that our efforts are transforming millions of lives each year. To meet the needs of patients and healthcare professionals around the globe, we operate from more than 370 locations in approximately 160 countries.

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