[Hiring] Compensation Specialist @GoodLife Fitness

Role Description

The Compensation Specialist contributes to the development and maintenance of Compensation Programs within the GoodLife Group of companies and brands as a subject matter expert in the design, evaluation and analysis of jobs, market pricing, salary structures, and base and variable pay programs.

The focus of this role is on job analysis, evaluation, and classification to ensure internal equity, and external salary survey participation, benchmarking, analysis of results and reporting to gauge market competitiveness and inform decisions on the design and/or modifications to compensation structures, processes and policies necessary to ensure ongoing alignment with the organization’s Compensation Philosophy and guiding principles.

This role also supports the ongoing effectiveness of the compensation framework by providing unambiguous guidance and explanation to Leaders and other invested parties thereby enhancing their understanding and ability to properly carry out their responsibilities with respect to compensation programs and processes.

Responsibilities

• Conducts equitable and consistent evaluation of new and existing jobs/positions using a point factor (Mercer International Position Evaluation - IPE) methodology.
• Guides Leaders on job design and aids in the identification of gaps and overlaps in positions within the organizational structure.
• Reviews new/revised job profiles submitted by People Leaders; provides suggestions for improvements, and/or seeks clarification where necessary.
• Identifies IPE reference jobs and analyzes comparable positions in the organization to support factor rating relativity.
• Recommends compensation grade based on job evaluation results and supporting market analyses to Manager of Compensation for second level review.
• Determines overtime exempt status based on job requirements and in accordance with Employment Standards Act policy.
• Collaborates on the development, maintenance, and execution of the annual compensation cycle, compensation programs, policies, processes, and related communication materials.
• Conducts comparative market reviews, including participation in external market pricing surveys and annual compensation planning surveys.
• Provides credible compensation advice, drawing on internal and competitive data to support recommendations.
• Updates electronic records in Workday, IPE Software, and shared folders with all related data and information.
• Coordinates Compensation Committee requests, assembles and provides supporting information to assist with decision making.
• Creates and distributes template of Associate and position hierarchy related data changes.
• Collaborates with other user groups on building and updating process flows related to job evaluation and compensation in the Workday HRIS.
• Develops and maintains work-related documentation and instructions.
• Runs ad-hoc and regularly scheduled queries and reports to ensure data accuracy and reconciliation of job and position hierarchy.

Qualifications

• Post-secondary degree or diploma in business, human resources or related field.
• 5 years of experience directly related to compensation analysis and job evaluation including 3 years using a point factor system.
• Experience using Human Resources Information System (HRIS) or large database housing employee data.
• Proficient in the use of Excel to support analysis of large data sets.
• Previous experience participating in external scheduled and/or ad hoc market surveys involving job matching, rematching, and analysis of results.
• Knowledge of salary structures, job evaluation methodology, compensation surveys.
• Current knowledge of legislative requirements/changes including Pay Equity, minimum wage rates.

Benefits

• Ongoing training and development to ensure a long and successful career path.
• Career advancement opportunities.
• Competitive Total Rewards Package.
• FREE Fitness membership.
• Fun and energetic atmosphere to come to every day!

Compensation

It is expected that the selected candidate will start at a base salary of $65,000. This position is eligible for bonuses in addition to the base salary. The annual range of expected compensation for the position is $65,000 - $87,000 determined by performance, time in the position and variable compensation earned.

Diversity and Inclusion

At GoodLife Fitness, we are committed to fostering an inclusive, accessible environment, where all employees and members feel valued, respected and supported. We are dedicated to building a workforce that reflects the diversity of our customers and communities in which we live and serve.