The compensation analyst is responsible for analyzing, developing, and administering compensation programs and policies to ensure internal equity and external competitiveness. This role requires a strong analytical mindset, attention to detail, and a deep understanding of compensation principles and Canadian employment law. Compensation analysts collaborate with HR and finance teams to provide data-driven recommendations to support the company's compensation strategy.
Typical compensation analyst duties:
Conduct job evaluations and analysis to determine appropriate salary ranges and job classifications.Research and analyze salary data from market surveys to establish competitive compensation benchmarks.Develop and maintain compensation structures, including base pay, incentives, and bonus plans.Ensure compliance with all federal, provincial, and territorial compensation and wage regulations.Assist with salary planning and budgeting processes.
Looking for a compensation analyst or a compensation analyst job?
The candidate is new to the role and building the needed skills, experience and autonomy.
50th percentile
97240
The candidate has the experience to perform core responsibilities without direct supervision and is comfortable with the role’s processes and subject matter.
75th percentile
108680
The candidate delivers value beyond the stated job duties, has advanced qualifications and experience, and is ready for the next career level.
Projected salaries for related positionsPosition title25th percentile50th percentile75th percentileBenefits Manager8320098800114400Benefits Specialist754008502092820
