Hydro One Networks
Location: Toronto, ON
Job Description: 49979 – Toronto – Temporary 21 MonthsHydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly 1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.It’s an exciting time to join the team at Hydro One!The Compensation Specialist will be accountable for the day-to-day delivery and administration of based compensation programs and processes for represented and non-represented employees.General Accountabilities:
- Support the delivery of the annual compensation cycle, including delivery of the short-term incentive program, long-term incentive program and annual merit increases, to ensure appropriate outcomes aligned with our policies and practices.
- Support the Compensation Specialist in the delivery of Job Evaluation accountabilities, including, the development and maintenance of job descriptions, participation in the evaluations / calibration process, and drafting communications and reports for various stakeholders.
- Support the ongoing, review and refinement of equity compensation programs by identifying process improvements and conducting targeted research and analysis
- Liaise between the administrative agent and payroll provider on equity and Employee Share Option Plan (ESOP) related matters
- Audit the administrative agent and payroll provider to ensure the accuracy of all aspects of the equity program
- Develop communications material to educate management and employees on the benefits of broad-based compensation and the link between pay for performance
- Work in collaboration with the Compensation team to develop the Compensation Discussion and Analysis section of the annual Management Information Circular
- Assist in the preparation of the annual Share Ownership Guideline report
- Provide ad-hoc compensation analytics and reporting
- Conduct research on compensation practices and policies
Selection Criteria:Qualifications:
- Post-secondary degree or diploma in Business or Human Resources or related fields
- A minimum of 4 – 6 years’ related human resources experience with preferable experience in equity based compensation and incentive program experience
Experience:
- Demonstrated knowledge of compensation and incentive program, with preferable experience in equity administration or executive compensation in a publicly traded context
- Strong analytical skills, attention to detail, demonstrated ability to maintain a high degree of accuracy and skilled in manipulating data
- Sound knowledge of human resources theories, principles, and practices, with a focus on Compensation
- Advanced proficiency in Excel is required; proficient with PowerPoint and Word
- Ability to produce high quality work and manage multiple deliverables under time constraints
- Demonstrated ability to exercise sound judgment in handling information of a sensitive nature
- Experience administering compensation with SAP and SuccessFactors is an asset
- Excellent communication skills and the ability to summarize information concisely and present in written, graphical and/or verbal format in order to convey complex information to all levels of stakeholders
- Proven ability to think conceptually, problem-solve, and generate practical solutions
- Ability to take full ownership of assigned projects and see those projects through to completion
- The ability to work collaboratively with all levels of staff to develop strong working relationships with individuals across the company
- Ability to work independently and in a team environment
- Excels at building partnerships, both inside and outside the team, and working collaboratively with others to meet shared objectives
- Ability to plan and prioritize work to meet commitments aligned with organizational goals
At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2024.Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email [email protected]. Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.Deadline: October 15, 2024In the event you are experiencing difficulties applying to this job please consult our help page .We thank all applicants for their interest in a career at Hydro One; however, only those candidates who are selected for an interview will be contacted.
Company Name: Hydro One Networks
Salary:
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