At a Glance
- Tasks: Join our team to analyze compensation strategies and drive business performance.
- Company: Marsh, a global leader in risk and management consulting.
- Benefits: Competitive salary, health benefits, tuition assistance, and flexible hybrid work.
- Other info: Vibrant culture with opportunities for professional growth and collaboration.
- Why this job: Make an impact by optimizing talent engagement and rewards for diverse clients.
- Qualifications: Bachelor’s degree and 1-3 years of relevant experience required.
The predicted salary is between 63000 - 95000 $ per year.
We are seeking a talented individual to join our Workforce and Rewards team at Marsh People and Investments. This role will be based in Ottawa, Ontario. This is a hybrid role that has a requirement of working at least three days a week in the office.
Marsh People and Investments’ Workforce and Rewards business segment helps our clients around the world engage their talent to drive business performance. Workforce and Rewards consultants partner with HR leaders, board members, and top-level executives to optimize business performance through strategies that enable organizations to better reward and engage their people.
As a Compensation Analyst in the Workforce and Rewards practice, you will work with a broad range of clients and industries in a stimulating environment, participating as an integral member of project teams to diagnose issues and design strategic human resource solutions that support clients’ success. You will be responsible for providing crucial quantitative and qualitative analytical support to senior consultants and draw meaningful conclusions from client and market data.
We will count on you to:
- Conduct market research and analysis to understand industry and organization-specific issues, including compensation and rewards trends, business strategy, corporate performance, and hiring and retention challenges.
- Combine an understanding of clients’ internal needs with external market practices to help facilitate a client’s go-forward rewards strategy and programs.
- Analyze clients’ strategic, financial, and organizational information to provide insights that will develop into talent strategies and solutions.
- Design and implement executive, workforce, and sales compensation structures and incentive plans to align pay and performance with corporate strategic objectives.
- Develop and implement job evaluation systems and performance management programs.
- Perform pay equity diagnostics that drive clients’ pay equity compliance strategy for provincially and/or federally-regulated clients.
- Prepare client reports and presentations, including recommendations presented to senior management, HR leaders, boards of directors, and executives.
Example projects include:
- Designing and implementing a gender-neutral, pay equity-compliant job evaluation system to determine a company’s internal hierarchy.
- Executive and non-executive compensation benchmarking.
- Conducting trends research regarding short and long-term incentive programs.
- Developing a base salary and bonus program for non-executive employees.
- Creating a compensation program for sales positions, including commissions.
- Creating a career architecture including elements such as role profiles and career path tools.
What You Need to Have:
- Bachelor’s degree.
- 1 – 3 years of experience working in a consulting firm or corporate role.
- Strong quantitative and analytical skills.
- Excellent interpersonal, verbal, and written communication skills.
- Knowledge of data analysis, project management, and presentation design.
- Intellectual curiosity; seeking opportunities to develop new skills and apply critical thinking to solve problems.
- Ability to collaborate with diverse teams and communicate with others in a skillful and engaging manner.
- Flexibility to work under tight deadlines and adapt to changing client needs.
- Superior organizational skills and strong attention to detail.
- Working knowledge of Microsoft Office—specifically Excel and PowerPoint.
What Makes You Stand Out?
- Advanced proficiency in Excel and/or data analysis platforms.
- Demonstrated experience in Compensation and Total Rewards.
Why join our team:
- We help you be your best through professional development opportunities, interesting work and supportive leaders.
- We foster a vibrant and inclusive culture where you can work with talented colleagues to create new solutions and have impact for colleagues, clients and communities.
- Our scale enables us to provide a range of career opportunities, as well as benefits and rewards to enhance your well-being.
Marsh is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, or any other characteristic protected by applicable law.
In accordance with the Accessibility for Ontarians with Disabilities Act, 2005, Marsh will provide a reasonable accommodation to employees and prospective employees to the point of undue hardship upon request and as required in respect of the individual’s particular restrictions and limitations.
Marsh is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh colleagues are expected to be in their local office or working onsite with clients at least three days per week.
The applicable base salary range for this role is $63,000 to $95,000. The base pay offered will be determined on factors such as experience, skills, training, location, certifications, education, and any applicable minimum wage requirements. Decisions will be determined on a case-by-case basis. In addition to the base salary, this position may be eligible for performance-based incentives.
We are excited to offer a competitive total rewards package which includes health and welfare benefits, tuition assistance, retirement programs as well as employee assistance programs.
Talent & Rewards Consulting Analyst in Ottawa employer: Marsh
Marsh is an exceptional employer that fosters a collaborative and innovative work culture, making it an ideal place for professionals in the actuarial field. With a strong focus on employee growth, Marsh offers comprehensive training programs and mentorship opportunities, ensuring that you can advance your career while working on impactful health benefits strategies for clients across Canada. Located in a vibrant city, employees enjoy a dynamic environment that promotes work-life balance and community engagement.