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Compensation Specialist

Hydro One4 days ago
Toronto, Ontario, Canada
CA$89,250 - CA$115,500/year
Mid Level
Full-Time

Top Benefits

Equity Compensation Plans
Employee Share Purchase Plans
Restricted Shares Units

About the role

51807 - Toronto - Regular . Hiring Salary Range: $89,250.00-115,500.00 / 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, and senior management. problem-solving: the ability to analyze complex compensation issues, identify solutions, and make informed recommendations.

Qualifications:

Bachelor's degree in human resources, business administration, or a related field: most employers prefer candidates with a bachelor's degree in a relevant field. Specialization in human resources, compensation, or a related area is advantageous. Professional certifications: obtaining relevant certifications such as Certified Compensation Professional (CCP) or Chartered Professional in Human Resources (CPHR) enhances the credibility and marketability of compensation specialists. Practical experience: gaining practical experience in human resources, with a focus on compensation and benefits, is crucial. Internships, entry-level HR roles, or specialized compensation internships contribute to developing the necessary skills. Analytical skills: strong analytical skills are essential for interpreting compensation data, conducting market research, and making data-driven decisions. Attention to detail: precision in evaluating job positions, managing compensation data, and ensuring legal compliance requires a high level of attention to detail. Communication skills: effective communication is crucial for explaining compensation programs to employees, collaborating with HR teams, and presenting findings to senior management. Knowledge of employment laws: staying informed about employment laws and regulations is essential to ensure that compensation practices align with legal requirements. Base pay specialist: focuses on designing and managing the base salary structure within an organization, ensuring internal equity and market competitiveness.

Executive compensation specialist: focuses on designing and managing compensation packages for top executives, including salary, bonuses, and stock options. Job evaluation specialist: assesses and evaluates the relative value of different jobs within an organization, establishing a fair and consistent job hierarchy. 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 2026.   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 careers@hydroone.com. 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. "Employer of the year 2026" Deadline: July 14, 2026   The base salary for this role considers a variety of factors, including candidates' knowledge, skills, experience, education, and any applicable collective agreement requirements for union-represented positions. Hydro One provides an extensive offering of programs to promote a culture of safety, wellbeing, inclusivity, and sustainability to enable our employees to be the best version of themselves. For management roles, compensation is based on the principle of pay-for performance compensation philosophy, and the amount of annual adjustments and incentive payments depends on how well you and the company perform (subject to plan terms). We encourage open dialogue about compensation with our Talent Acquisition Team, who can provide more detailed information specific to this role.   This posting is for an existing vacancy.    Hydro One uses AI tools to assist in the screening and assessing candidates for this role. Our use of AI does not replace human decision-making.   In the event you are experiencing difficulties applying to this job please consult our help page here. We thank all applicants for their interest in a career at Hydro One; however, only those candidates who are selected for an interview will be contacted.

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