Payments Canada
Total Rewards Manager
Payments Canada, Toronto, ON
Payments Canada is at the forefront of the Canadian payment ecosystem. Our purpose is to make payments easier, smarter and safer for all Canadians. Every day we are working diligently to ensure your payments are cleared and settled. In 2023 alone, our systems cleared approximately $112 trillion or $450 billion each business day! If you are passionate about payments and want to help ensure that these financial transactions in Canada are carried out safely and securely, working with us is for you!
| Who we are
We are a public purpose, non-profit organization situated at the centre of Canada's payment ecosystem. We own and operate payment systems that process hundreds of billions of dollars worth of payment transactions every business day. We convene ecosystem participants to discuss their multiple and diverse interests and ideas and to navigate industry-level challenges. We adhere to a set of values that are our north star: Inspire trust, build community and enable change.
Payments Canada - where our country connects:
Payments Canada - Who we are
| Our culture
With our people in mind we have created a culture that fosters authenticity, collaboration, innovation and development. We empower one another, make meaningful contributions that not only impact the organization, but our country! We develop and nurture meaningful connections that drive innovation in our ecosystem. We are Payments Canada!
Do you want to make payments easier, smarter and safer for Canada? Join us today!
You need to work here if
Come and join us - where payments meet purpose!
| What we are looking for
Reporting to the Director, Talent, the Total Rewards Manager is accountable for the strategic development, implementation, and continuous improvement of comprehensive total rewards programs that encompass compensation, benefits, pension and recognition for all employees at Payments Canada. This role ensures that total rewards practices and offerings are competitive, align with the organization's strategic objectives, and support employee attraction, motivation, and retention. The Total Rewards Manager collaborates with leadership to drive data-informed and strategically aligned decisions across the organization. This role is an integral part of the Talent team, working collaboratively to support effective talent attraction and retention for Payments Canada.
| A day in the life
Your responsibilities as the Total Rewards Manager will include:
Develop and Implement Total Rewards Programs:
Compensation & Benefits Management:
Compliance and Reporting:
Collaboration and Support:
| What you will need to be successful
| You will really stand out with
Salary range
Please submit your application by January 13, 2024.
|What's in it for you?
|Our diversity, inclusion and equity commitment
At Payments Canada, we are committed to making everyone feel they can be themselves and thrive at work. We will continue to build on a foundation of respect and appreciation for diversity in all forms and collectively create an inclusive and equitable culture where our differences are valued.
We are committed to employment equity and actively encourage applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation by emailing [redacted].
We thank all applicants for their interest in this opportunity. Preference will be given to Canadian citizens and permanent residents. Only selected candidates will be contacted for an interview.
| Who we are
We are a public purpose, non-profit organization situated at the centre of Canada's payment ecosystem. We own and operate payment systems that process hundreds of billions of dollars worth of payment transactions every business day. We convene ecosystem participants to discuss their multiple and diverse interests and ideas and to navigate industry-level challenges. We adhere to a set of values that are our north star: Inspire trust, build community and enable change.
Payments Canada - where our country connects:
Payments Canada - Who we are
| Our culture
With our people in mind we have created a culture that fosters authenticity, collaboration, innovation and development. We empower one another, make meaningful contributions that not only impact the organization, but our country! We develop and nurture meaningful connections that drive innovation in our ecosystem. We are Payments Canada!
Do you want to make payments easier, smarter and safer for Canada? Join us today!
You need to work here if
- You love working with passionate, ambitious and collaborative colleagues.
- You want to be challenged and lead unique initiatives.
- You want to grow, develop and become a subject matter expert in your field.
- You want your work to make an impact in your community and country.
Come and join us - where payments meet purpose!
| What we are looking for
Reporting to the Director, Talent, the Total Rewards Manager is accountable for the strategic development, implementation, and continuous improvement of comprehensive total rewards programs that encompass compensation, benefits, pension and recognition for all employees at Payments Canada. This role ensures that total rewards practices and offerings are competitive, align with the organization's strategic objectives, and support employee attraction, motivation, and retention. The Total Rewards Manager collaborates with leadership to drive data-informed and strategically aligned decisions across the organization. This role is an integral part of the Talent team, working collaboratively to support effective talent attraction and retention for Payments Canada.
| A day in the life
Your responsibilities as the Total Rewards Manager will include:
Develop and Implement Total Rewards Programs:
- Design, execute, and continuously improve compensation, benefits, pension and recognition programs to align with business goals.
Compensation & Benefits Management:
- Oversee salary structures, job evaluations, and benefits administration to ensure competitive, fair, and effective total rewards offerings.
Compliance and Reporting:
- Ensure compliance with relevant regulations and provide leadership with data-driven insights on total rewards program effectiveness.
Collaboration and Support:
- Partner with HR, Finance, and leadership to align total rewards strategies with business objectives, offering expert guidance on compensation and benefits matters. Provide support and expertise to the Pension Committee on Pension matters.
| What you will need to be successful
- A bachelor's degree in Human Resources, Business Administration, or a related field.
- Minimum of seven (7) years of progressive HR-related experience.
- Minimum of five (5) years of experience managing organization-wide compensation and benefits programs, with a strong emphasis on aligning these programs to support organizational strategy.
- Proficient in conducting independent, in-depth compensation analysis, benchmarking, and benefits strategy.
- In-depth knowledge of applicable laws, regulations, pay equity legislation, and industry best practices.
- Strong verbal and written communication skills, with experience facilitating, leading, and presenting at various forums and committees.
- Ability to develop and foster trusting relationships with discretion and confidentiality, and to provide guidance and influence stakeholders at all levels, including executives.
- Strong organizational skills with a high level of attention to detail.
- Skilled in drafting presentations, briefings, and reports for senior leadership and the HR Committee of the Board of Directors.
- Technically proficient with advanced knowledge and experience in Google Sheets and Excel.
- Certified Compensation Professional (CPP), Certified Employee Benefits Specialist (CEBS), or other relevant compensation-related certification is required for this role.
- Ability to successfully complete background checks that will be carried out by Payments Canada, including criminal, credit, identity, employment, and education checks.
| You will really stand out with
- Certified Human Resources Professional (CHRP)designation is considered an asset.
- Bilingualism in English and French is considered an asset.
Salary range
- Based on qualifications and experience: $112,364 and $140,455.
Please submit your application by January 13, 2024.
|What's in it for you?
- Flexible, hybrid (remote/office) environment.
- Competitive compensation package, including annual variable bonus and defined contribution pension plan with employer matching percentage (if eligible).
- Comprehensive health and dental benefit coverage, including mental health coverage, life insurance and a health spending account for you and your dependents (Permanent and temporary employees with contracts 12 months and over).
- Paid time off: minimum four weeks paid vacation, sick and personal days, December holiday shutdown and cultural holiday observance days.
- 26 weeks of paid maternity and parental leave top-up.
- Rewards and recognition program.
- Access to office gym facilities.
- Internal and external professional development opportunities.
- Fun team and organizational events.
- Monthly all staff forums led by our Executive Leadership Team.
|Our diversity, inclusion and equity commitment
At Payments Canada, we are committed to making everyone feel they can be themselves and thrive at work. We will continue to build on a foundation of respect and appreciation for diversity in all forms and collectively create an inclusive and equitable culture where our differences are valued.
We are committed to employment equity and actively encourage applications from women, Aboriginal people, persons with disabilities and visible minorities. If selected for an interview, please advise us if you require special accommodation by emailing [redacted].
We thank all applicants for their interest in this opportunity. Preference will be given to Canadian citizens and permanent residents. Only selected candidates will be contacted for an interview.