Compensation Analyst (Contract)

Posted 8 Days Ago
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Richmond Hill, ON, CAN
In-Office
Senior level
Retail
The Role
Support Total Rewards by designing, analyzing, implementing, and administering compensation and incentive programs for assigned client group. Manage salary review processes, prepare market and ad hoc surveys, provide consultative advice to HR Business Partners and senior leaders, and support job evaluation, bonus calculations, and HR system improvements.
Summary Generated by Built In

Some of what you will do:

As a key member of the Total Rewards team,  you will provide excellent service to all levels for your assigned client group with respect to compensation policy, practices and administration.  The Compensation Analyst is accountable for managing the research, analysis, development, implementation and administration of compensation programs, to meet organization objectives and needs.

With a solid knowledge of compensation best practices, you will work closely with the HR Business Partners and Leaders to provide consultative advice and analytical support on compensation related issues.   

 

Specifically, You Will:

  • Develops a deep understanding of the business and creates market competitive compensation programs to help the business accomplish its objectives. Acts as a consultant to the business to improve understanding of our practices and policies. Ensures internal equity and compensation philosophies are maintained.
  • Manages all tasks related to the annual and semi-annual salary review process for assigned client group from process beginning to completion including data validation, calculation and communication.
  • Play a key role in the calculation and communication of bonus programs. Assists in the development of bonus plan documentation and quarterly updates. Analyses the effectiveness of programs and recommends changes when necessary.
  • Participate in job evaluation committee meetings.
  • Participate in senior management discussions regarding initiatives/changes in organization structures and provide corresponding job evaluation support.
  • Prepares a variety of special reports and analysis to monitor the integrity and competitiveness of our compensation programs. 
  • Preparation of salary surveys, ad hoc compensation surveys and compilation of survey Market data.
  • Analyses and compiles compensation data to assist director in formulating compensation policies. 
  • Counsels HR Business partners on individual salary treatment and escalate unique situations to the Compensation Manager. 
  • As a seasoned contributor, you will also provide guidance and mentoring to junior positions.
  • Assist in the roll out/communication of changes to compensation policy & administration.
  • Assists in special projects related to the implementation of new HR systems and provides input into process improvement. 
  • You will use your strong technical knowledge of HRIS (preferably Peoplesoft) as well as Access and Excel to improve processes and efficiencies within the department.
  • Contributes to annual budgeting process. 
  • Performs other related duties as required or requested

Physical Requirements/Working Conditions:

  • Hybrid Office Environment

Some of what you need:

  • University Degree or equivalent, Completion or near completion of post graduate studies in Human Resources/Compensation. A completion or near completion of CPP designation would be an asset.
  • Advanced Excel and Access skills with knowledge of merging and macros.
  • Prior experience with large data sets.
  • Excellent analytical, problem solving and financial modeling skills, with an eye for detail and accuracy. Capability to analyze and resolve complex situations.
  • Excellent interpersonal, communication and consulting skills. Customer focused and ability to establish effective working relationships with HR Business partners and leaders.
  • Knowledge of PeopleSoft query a definite asset.
  • Demonstrates initiative and proactive mindset with ability to manage multiple priorities and time constraints, and achieve results in a complex, fast paced environment.
  • Financial acumen and ability to synthesize data and present recommendations.
  • 5 years of experience in compensation in a retail environment.
  • Experience designing incentives, market analysis, job evaluation and playing a consultative role.
  • Experience providing consultative advice to senior leaders.
  • Experience with sales incentive program design.
  • Must have a thorough knowledge of the compensation cycle, including salary administration, surveys, market analysis. 

 

Some of what you will get:

  • Associate discount
  • Health and Dental benefits
  • RRSP/DPSP
  • Performance bonuses
  • Learning & Development programs
  • And more…


#MakeAnImpact

#LI-Hybrid

About Us
We value transparency in our hiring processes. Please note, artificial intelligence may be used in certain stages to screen, assess, or select applicants, however, a human reviewer makes all final decisions. This posting is for an existing vacancy.

Skills Required

  • University degree or equivalent (HR/Compensation preferred)
  • Minimum 5 years compensation experience in a retail environment
  • Advanced Excel skills including merging and macros
  • Advanced Access skills
  • Experience working with large data sets
  • Strong analytical, problem solving and financial modeling skills
  • Experience designing incentives, market analysis, and job evaluation
  • Experience providing consultative advice to senior leaders
  • Experience with sales incentive program design
  • Thorough knowledge of compensation cycle, salary administration, surveys, market analysis
  • Strong interpersonal, communication and consulting skills
  • Demonstrated ability to manage multiple priorities in a fast-paced environment
  • Technical knowledge of HRIS (preferably PeopleSoft)
  • Knowledge of PeopleSoft query
  • Completion or near completion of CPP designation

Staples Compensation & Benefits Highlights

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

  • Wellbeing & Lifestyle Benefits Wellbeing offerings are described as broad, including wellness reimbursements, emotional support and coaching, legal services, identity theft protection, and pet insurance. Employee discounts and select on-site amenities are also positioned as meaningful add-ons beyond basic coverage.
  • Leave & Time Off Breadth Time-off provisions are presented as relatively expansive, including paid time off, company-recognized holidays, and a personal or flexible holiday option. Vacation that grows with tenure and PTO flexibility are highlighted as valued elements.
  • Inclusive Benefits Coverage Healthcare benefits explicitly include gender-affirming care alongside medical, dental, and vision coverage. Family and caregiver programs also include support that references LGBTQ+ considerations and broader life-stage needs.

Staples Insights

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The Company
HQ: Framingham, MA
Year Founded: 1986

What We Do

For nearly 40 years, Staples has been a trusted leader in delivering end-to-end workplace solutions for consumers and businesses of all sizes across a broad range of industries. The company provides a comprehensive portfolio of products, strategic solutions, and services including print and marketing, shipping, technology, and travel. Its specialized assortment includes high-quality office supplies, janitorial products, technology, furniture, and breakroom essentials, all supported by best-in-class supply chain capabilities and a dedicated team of experts committed to making the workday easier. Headquartered near Boston, Massachusetts, Staples operates throughout North America via direct B2B sales, e-commerce, and more than 900 retail stores. To learn more, visit your local U.S. Staples store, download the Staples app, explore Staples.com or StaplesBusiness.com, or follow @Staples on social media.

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