Hydro One Networks Inc Looking for Manager, Compensation at Toronto, ON

Hydro One Networks Inc

45842TorontoRegularOngoing

Safety Comes First is a core value at Hydro One, and we remain committed to taking every reasonable precaution to ensure a respectful, safe and healthy working environment. Further to this commitment, we have adopted a COVID-19 Vaccination Policy to protect the health of our employees from the hazard of COVID-19. New employees will be required to declare their vaccination status to Hydro One. Employees who do not provide proof of vaccination status may not enter any 3rd party locations that require full vaccination (e.g. customer properties).

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!

*NOTE* Hydro One introduced a Hybrid Work Pilot Project in 2022 for most office-based roles. Employees work in-office/on-site two days a week and remotely from home for three days a week. Hydro One is adding refreshed workspaces and technology to support these changes. Join us as we ‘trial & learn’ a new modern way of working and be a key driver of future state!

In office but with intention – a time for team and trust building, collaboration, and socialization. Please reach out to us to learn more!

The manager compensation is responsible for managing the day-to-day operations of the compensation function, encompassing non-represented and represented employees. The compensation manager plans, develops and implements compensation programs, policies and procedures to be support the company’s strategy and respond to industry trends. In addition, this position will have accountability for salary surveys, benchmarking, the annual compensation cycle, job evaluation, salary recommendations and pay equity. The manager compensation, will also serve as a subject matter expert, providing guidance, advice and interpretation of various compensation policies.

General Accountabilities:

  • Manages the day-to-day operations of the compensation team; provides guidance and support to compensation professionals in order to ensure effective program delivery and to promote learning and career development within the compensation function
  • Monitors the effectiveness of existing compensation policies, guidelines and procedures recommending revisions and new programs consistent with compensation trends and corporate objectives; coordinates implementation and provides guidance to corporate staff.
  • Manages the participation in external compensation and policy surveys to ensure compensation practices remain market aligned and competitive to attract, retain and motivate employees.
  • Manages the annual compensation cycle (Merit and short-term incentive plan) for non-represented staff, in collaboration with the compensation team.
  • Support the development of Board materials to seek approval for compensation related matters
  • Provides advice on pay decisions, salary recommendation, policy, including the design of creative solutions to specific compensation-related programs.
  • Oversees the job evaluation function for all jurisdictions.
  • Develops employee and manager communications to promote understanding and effective utilization of the organizations compensation programs and processes.
  • Collaborates with the labour relations team on compensation matters related to the collective bargaining process.
  • Manage the pay equity related matters
  • Keeps apprised of federal and provincial compensation laws and regulations to ensure company compliance.

Selection Criteria:

Qualifications:

  • Bachelor’s degree or equivalent in business, human resources or related field
  • A minimum of 5 – 7 years’ related compensation experience or other relevant experience
  • A minimum of 2 years of experience managing a team
  • Must be proficient in MS Word, MS Excel, and MS PowerPoint
  • Strong interpersonal skills in dealing with senior stakeholders

Experience:

  • Expert knowledge of compensation related concepts including, job evaluation, salary administration, incentive plan design, pay equity and administration in a complex organization
  • Strong business acumen and understanding of the analytical processes and an understanding of how incentive programs can support strategic objectives.
  • Excellent planning, organization, and problem-solving skills with the ability to successfully handle multiple concurrent priorities simultaneously
  • Excellent attention to detail and accuracy in the analysis of a wide range of data
  • Proven ability to think conceptually, problem-solve, and generate practical solutions
  • Excellent communication skills and the ability to summarize information concisely and present in written, graphical and/or verbal format in order to convey complex information to all levels of stakeholders
  • Strong problem solving skills: able to define the problem and generate appropriate solutions in a timely manner
  • Strong interpersonal, oral and written communication skills to build strong relationships within and across teams, peers, and business partners. High level of knowledge of HR systems and compensation concepts and structure

At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.

We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2022.

Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email [email protected]. Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.

Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.

Deadline: December 05, 2022

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Job Segment: Compensation, Manager, Equity, Human Resources, Management, Finance

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