Compensation Consultant in Toronto, Ontario

We are a leading financial services provider committed to making decisions easier and lives better for our customers and colleagues around the world. From our environmental initiatives to our community investments, we lead with values throughout our business. To help us stand out, we help you step up, because when colleagues are healthy, respected and meaningfully challenged, we all thrive. Discover how you can grow your career, make impact and drive real change with our Winning Team today.

Working Arrangement

Hybrid

Job Description

Our Total Rewards Staff Compensation team has an opportunity to join as a Compensation Consultant.

In this role, you will work closely with and support both HR Partners and business leaders to deliver advice and solutions for the assigned client group in North America. You will also actively participate in exciting year-round initiatives involving the analysis, design and delivery of our global programs including Annual and Mid-year Compensation Cycle and Market Review.

What will you do?

• Acts as a consultant to assigned business unit(s) or functional area(s), provides analysis, advice, and education on compensation-related issues to HR Partners and business leaders.

• Drives the annual market review process for the assigned business unit(s) or functional area(s) including survey management, analysis of market competitiveness, and presentation of recommendations to senior leaders.

• Analyzes job content, conducts job evaluations at any level and degree of complexity.

• Provides strong analytical support in the design, development, and implementation of compensation programs and processes, understanding internal equity, external competitiveness, and relevant regulations in Canada and USA.

• Provides compensation support, guidance and education to HR Partners and assigned business unit(s) or functional area(s) throughout the year-end and mid-year compensation process.

• Makes recommendations for improvement and changes in business processes, systems, and procedures.

• Maintains an understanding of the competitive compensation practices in the market.

Required Qualifications

• University degree, preferably in Business, Economics, Mathematics or Commerce with 3+ years of compensation related experience. Courses/completion of CCP / GRP designation would be an asset.

• High proficiency in market data analysis, quantitative analysis and survey techniques; expertise in working with market pricing tools would be an asset.

• Experience in program design, plan modelling and implementation.

• Strong analytical skills, Advanced Microsoft Excel skills and spreadsheet analysis.

• Very detailed oriented and strong client service orientation with demonstrated consulting skills, responsiveness and flexibility in managing client needs.

• Strong problem-solving skills, oral and written communication, planning and organization skills, project management and decision-making approaches.

• Innovative, creative, proactive self-starter capable of managing complex multi-task assignments simultaneously.

• Bilingual in English and French is an asset

#LI-Hybrid

This position can be located in Toronto, or Waterloo

About Manulife and John Hancock

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Asia, Canada, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups and institutions. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. At the end of 2022, we had $1.3 trillion (US$1.0 trillion) in assets under management and administration, including total invested assets of $0.4 trillion (US $0.3 trillion), and segregated funds net assets of $0.3 trillion (US$0.3 trillion). We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

Manulife is an Equal Opportunity Employer

At Manulife /John Hancock , we embrace our diversity. We strive to attract, develop and retain a workforce that is as diverse as the customers we serve and to foster an inclusive work environment that embraces the strength of cultures and individuals. We are committed to fair recruitment, retention, advancement and compensation, and we administer all of our practices and programs without discrimination on the basis of race, ancestry, place of origin, colour , ethnic origin, citizenship, religion or religious beliefs, creed, sex (including pregnancy and pregnancy-related conditions), sexual orientation, genetic characteristics, veteran status, gender identity, gender expression, age, marital status, family status, disability, or any other ground protected by applicable law.

It is our priority to remove barriers to provide equal access to employment. A Human Resources representative will work with applicants who request a reasonable accommodation during the application process . All information shared during the accommodation request process will be stored and used in a manner that is consistent with applicable laws and Manulife/John Hancock policies . To request a reasonable accommodation in the application process, contact .

Salary & Benefits

The annual base salary for this role is listed below.

Primary Location

Toronto, Ontario

Salary range is expected to be between

$70,350.00 CAD – $117,250.00 CAD

If you are applying for this role outside of the primary location, please contact for the salary range for your location. The actual salary will vary depending on local market conditions, geography and relevant job-related factors such as knowledge, skills, qualifications, experience, and education/training. Employees also have the opportunity to participate in incentive programs and earn incentive compensation tied to business and individual performance.

Manulife offers eligible employees a wide array of customizable benefits, including health, dental, mental health, vision, short- and long-term disability, life and AD&D insurance coverage, adoption/surrogacy and wellness benefits, and employee/family assistance plans. We also offer eligible employees various retirement savings plans (including pension and a global share ownership plan with employer matching contributions) and financial education and counseling resources. Our generous paid time off program in Canada includes holidays, vacation, personal, and sick days, and we offer the full range of statutory leaves of absence. If you are applying for this role in the U.S., please contact for more information about U.S.-specific paid time off provisions.