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Compensation Consulting Analyst - People Advisory Services, Rewards - Toronto

Location:  Toronto
Other locations:  Primary Location Only
Salary: Competitive
Date:  Jul 21, 2024

Job description

Requisition ID:  1507537
At EY, you’ll have the chance to build a career as unique as you are, with the global scale, support, inclusive culture and technology to become the best version of you. And we’re counting on your unique voice and perspective to help EY become even better, too. Join us and build an exceptional experience for yourself, and a better working world for all.

The opportunity


People Advisory Services (PAS) builds and improves organizational and individual performance, delivering a complex and challenging mission,  in an ever-changing working environment. You’ll get a unique view of a company’s business and become a trusted advisor, working collaboratively on a team that influences major business decisions. 


We are currently seeking a Compensation Analyst to join our growing team to collaborate on challenging compensation and total rewards consulting engagements for a diverse client base. EY’s Rewards - People Advisory Services helps organizations to optimize business performance through compensation and total rewards strategies that allow them to better understand current market conditions and better reward and engage their people. We are proactive in the market and with our clients by providing market best practice information and strategies, tailored solutions and compensation programs for our clients, dedicated support services, and innovative solutions.


Your key responsibilities


As a Compensation Analyst, you will work with a wide range of clients across different industries, participating as a critical member of project teams to provide compensation and total rewards analytical support (both quantitative and qualitative) to senior consultants. This position is responsible for developing meaningful insights and conclusions relating to the review, design, and implementation of workforce and executive compensation and total rewards plans. You will work with the existing Canadian Compensation and Rewards team, as well as with EY’s global network of compensation professionals.


This position will also be responsible for:

  • Conducting research and analysis to better understand organizational issues and strateigies, as well as industry/market trends relating to areas including compensation, total rewards, attraction/retention of talent, organization strategy and goals etc.
  • Providing meaningful and tailored insights based on a combination of understanding an organization’s internal talent and compensation needs, along with external market practices and applicable legislation
  • Conducting external market reviews and assessments to help organizations better understand their compensation and total rewards competitiveness relative to their peers
  • Designing and implementing workforce and executive compensation and total rewards strategies and structures, as well as incentive plans that align to an organization’s pay-for-performance environment
  • Designing and implementing job evaluation systems and providing job description writing and evaluation support
  • Conducting pay equity assessments and analysis (Federal and Provincial) to support an organization’s pay equity compliance strategy
  • Conducting total rewards assessments and analysis to support organizations in identifying potential changes to elements of their total rewards package
  • Participating in M&A and post-harmonization compensation and total rewards engagements
  • Preparing client reports and presentations, including recommendations presented to senior management, HR leaders, boards of directors, and executives
  • Supporting business development and market activities

To qualify for the role you must have

  • A bachelor's degree majoring in business, economics, finance, mathematics, statistics, or HR
  • Minimum 1-2 years of compensation experience and/or in an analytical position (consulting experience preferred)
  • Strong technical, critical thinking, and analytical skills (both qualitative and quantitative) with the ability to apply these skills to a new environment and new projects
  • Strong knowledge of advanced Microsoft Excel formulas/functions and ability to develop inter-connected analysis files and worksheets
  • Experience in conducting compensation and total rewards data analysis, working with large and complex data sets, and developing presentations and reports in Microsoft PowerPoint
  • Excellent verbal and written communication skills
  • Ability to be flexible and adapt to work under changing client needs and tight timelines
  • Strong attention to detail and organizational skills; with the ability to work on multiple projects at once
  • The ability to work independently in a fast-paced, dynamic team-oriented environment

What we look for


We’re interested in strong team players who support their colleagues in reaching their goals while also considering their own workload and development. We’re looking for people with a genuine passion for compensation and total rewards, understanding and interested in the future of compensation and total rewards, and are inspired to help the world’s leading multinational organizations achieve their compensation and total rewards strategies. If you are interested in being part of, and contributing to, a growing team and supporting organizations on solving their compensation and people agenda issues, then we are interested in you.


What we offer


We offer a competitive compensation package where you’ll be rewarded based on your performance and recognized for the value you bring to our business. In addition, our Total Rewards package allows you decide which benefits are right for you and which ones help you create a solid foundation for your future. Our Total Rewards package includes a comprehensive medical, prescription drug and dental coverage, a defined contribution pension plan, a great vacation policy plus firm paid days that allow you to enjoy longer long weekends throughout the year, statutory holidays and paid personal days (based on province of residence), and a range of exciting programs and benefits designed to support your physical, financial and social well-being. Plus, we offer:

  • Support and coaching from some of the most engaging colleagues in the industry
  • Learning opportunities to develop new skills and progress your career
  • The freedom and flexibility to handle your role in a way that’s right for you

Diversity and Inclusion at EY 


Diversity and inclusiveness are at the heart of who we are and how we work. We’re committed to fostering an environment where differences are valued, policies and practices are equitable, and our people feel a sense of belonging. We embrace diversity and are committed to combating systemic racism, advocating for the 2SLGBT+ community, promoting our Neurodiversity Centre of Excellence and Accessibility initiatives, and are dedicated to amplifying the voices of Indigenous people (First Nations, Inuit, and Métis) nationally as we strive towards reconciliation. Our diverse experiences, abilities, backgrounds, and perspectives make our people unique and help guide us. Because when people feel free to be their authentic selves at work, they bring their best and are empowered to build a better working world. 

EY | Building a better working world
EY exists to build a better working world, helping to create long-term value for clients, people and society and build trust in the capital markets.
Enabled by data and technology, diverse EY teams in over 150 countries provide trust through assurance and help clients grow, transform and operate.
Working across assurance, consulting, law, strategy, tax and transactions, EY teams ask better questions to find new answers for the complex issues facing our world today.

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