Analyst, Compensation

Posted:
10/10/2024, 5:00:00 PM

Location(s):
Victoria, British Columbia, Canada ⋅ British Columbia, Canada

Experience Level(s):
Junior ⋅ Mid Level ⋅ Senior

Field(s):
Finance & Banking

CLOSING DATE: Open Until Filled

With over $250.4 billion in gross assets under management, British Columbia Investment Management Corporation (BCI) stands as one of Canada’s largest and most highly respected institutional investors. Since its inception, BCI has grown into a globally influential financial institution with a diverse, international portfolio. Renowned for its active, in-house asset management and sophisticated investment strategies, BCI excels in navigating the complexities of today’s global market. The company has a broad and diverse workforce, emphasizing a culture of transparency and fairness in its compensation practices. It is committed to aligning compensation structures with industry standards and organizational goals to attract and retain top talent.

To support its compensation program, the organization is seeking an Analyst, Compensation who will play a crucial role in managing compensation processes and providing analytical support to the Total Rewards team. Reporting to the Director of Compensation, this role will ensure compensation programs are competitive, equitable, and aligned with the company's overall pay philosophy. The role will involve analytics, working with data, and supporting efforts to streamline compensation management.

The Analyst, Compensation will manage key processes such as salary surveys, pay benchmarking, and the analysis of compensation data. The role is pivotal in the administration of annual salary reviews and the development of pay ranges to ensure the organization remains competitive. Additionally, the Analyst will support broader projects related to total compensation reviews and employee education initiatives, helping to communicate and clarify pay structures within the company.

The successful candidate will be well-versed in compensation cycles and familiar with managing salary surveys and compensation databases. While industry-specific experience is not required, familiarity with compensation processes across different sectors will be valuable. This role represents an exciting opportunity for someone early in their career to contribute meaningfully to the development and execution of the company’s compensation strategies.

BCI seeks an individual with strong analytical skills and an ability to interpret and manage compensation data while providing insights into the broader pay strategy. Strong communication skills, both written and verbal, will be essential for managing internal relationships.

Located in Victoria, the Analyst, Compensation role offers an exciting opportunity to influence the future of BCI’s total rewards function and contribute to the continued success of one of Canada’s most dynamic investment organizations.

BCI offers a competitive total rewards package which includes a performance-based incentive plan, comprehensive health & dental benefits, a defined benefit pension plan and paid time off.
 

The annualized base salary range for this role based in Victoria is CAD $87,000-$105,000.
 

The base salary offered to the successful candidate will consider a wide array of factors including but not limited to the individual’s skill set, level of experience applicable to the role they are being offered and consideration to internal equity.
 

We pay our people competitively in the markets in which we compete for talent and with consideration to internal equity and job structure. We aim for actual pay to be around the median of the market for target or expected levels of performance, and around the upper quartile of the market for excellent performance.
 

Actual salaries may vary and may be above or below the range based on various factors, including, but not limited to, experience and expertise.

To explore this opportunity further, please click Apply.

We thank all applicants for their interest in this position.  Please note that we will only be in contact with those individuals moving forward with our client.