22 Oct
|
Magna International
|
Canada
22 Oct
Magna International
Canada
## Senior Specialist, Total RewardsApply: Aurora, Ontario, CA: Full time: Posted Today: R00266763
Job description
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What we offer
At Magna, you can expect an engaging and energetic environment where you can help to develop industry-leading automotive technologies. We invest in our employees, providing them with the support and resources they need to succeed. As a member of our global team, you can expect exciting, varied responsibilities as well as a wide range of development prospects. Because we believe that your career path should be as unique as you are.## ## ## Group Summary:Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.Job
Responsibilities:
The Sr. Specialist, Total Rewards will act as a subject matter expert by consulting and advising Magna Groups and Divisions on any questions and issues related to Magna’s North American Compensation and Canadian Benefits programs. This position will lead compensation and benefits programs, including pay equity and paid parental leave, and will be responsible for performing detailed analysis of compensation and benefits programs to enhance and optimize program performance and sustainability. If you’re looking for a challenging and face paced work environment, the opportunity to participate in and support global projects and work with colleagues from all over the world, consider this opportunity.
Your Responsibilities Compensation* Act as a subject matter expert on Magna’s Global Compensation Management Tool (PayFactors). This includes system maintenance, recommendations for enhancements, communication and training to Global users.
* Ensure Canadian compensation programs follow regulatory requirements by leading the annual Pay Equity process.
* Work with Group and Division HR Leaders to provide analysis, guidance, recommendations and coaching on Magna’s Total Compensation Survey Program.
* Conduct market pay analysis to support new hire and promotion recommendations.
* Participates in external benchmarking activities, validating job matches and compensation ranges
* Lead the annual wage guidelines process and the biannual review and update of compensation ranges for the United States and Canada.
* Support the annual compensation cycle through data preparation, testing and administration. Benefits* Lead the annual Canadian Benefits Open Enrolment process.
* Serve as the primary point of contact for Divisions for benefit programs such as the paid parental leave and cross-border benefits programs.
* Develop educational materials and deliver ongoing benefits training sessions.
* Provides analysis, cost projections and recommendations to support the development of extended health benefit plan management strategies and products.
* Support of the daily operations of the Canadian Benefits plans, including short-and long-term disability management
* Provide coaching and guidance to Magna’s Groups and Divisions on all benefit related inquiries
* Investigates, actions and solutions all escalated benefits issues originating from multiple levels across the organization.
* Partner with external benefits vendors and internal Magna Groups and Divisions to investigate and resolve issues
* Regularly reviews and updates benefits documentation to ensure information is clear, concise and up to date
* Continually monitors the Canadian environment to proactively identify trends that could impact Magna’s benefit management strategies.
* Identify opportunities and recommend enhancements to ensure Magna’s Canadian benefits program is innovative, competitive and contributes to ensuring plan sustainability.
* Participate in and support Total reward projects as required Who we are looking for
* University/College degree in Business or equivalent.
* Minimum 5 years of applicable compensation and benefits experience
* Excellent computer knowledge (MS Excel and PowerPoint)
* Excellent communication skills – both written and verbal with a strong focus on customer service
* Team player with the ability to maintain organization and multi-task amongst competing deadlines
* High level of attention to detail, accuracy and confidentiality required
* Strong analytical skills and adept at analyzing data and formatting reports
* Ability to handle confidential and sensitive information with a high level of discretion, professionalism, and integrity Your preferred qualifications
* Experience working in global organizations and/or automotive/industrial manufacturing environment would be considered an asset
* Completion of post graduate studies in Human Resources or Compensation would be an asse
📌 Senior Specialist, Total Rewards (Canada)
🏢 Magna International
📍 Canada