Director, Compensation Strategy
CN
Hiring Salary Range : $ 170,000.00 - 210,000.00
This range represents the hiring range. Salaries are determined individually depending on skills and experience. You will also be eligible to an annual bonus, employee share investment program (ESIP), Pension, Benefits, Railroad Retirement Benefits (RRB) and other perks.
At CN, everyday brings new and exciting challenges. You can expect an interesting environment where you’re part of making sure our business is running optimally and safely―helping keep the economy on track. We provide the kind of paid training and opportunities that long-term careers are built on and we recognize hard workers who strive to make a difference. You will be able to thrive in our close-knit, safety-focused culture working together as ONE TEAM. The careers we offer are meaningful because the work we do matters. Join us!
**Job Summary**
**The** **Director, Compensation Strategy** **is** **responsible for** **defining,** **leading** **and implementing** **the development of the compensation strategy for unionized and non-unionized employees for CN and subsidiaries. The incumbent oversees the development and delivery of initiatives designed to further improve and enhance CN’s compensation offerings** **, in line with the** **business** **priorities.**
**Main** **Responsibilities**
Compensation Strategy
+ Synthesize executive and non-executive compensation strategies and philosophy and ensure each is in alignment with broader CN Human Resources (HR) strategy and vision
+ Develop annual compensation budget recommendation for leadership and lead the annual compensation review cycle, including communication and training
+ Guide the development of the executive and non-executive compensation structures to ensure consistency and fairness in the organization
+ Provide approval on proposed enhancements to compensation processes, tools and programs
+ Resolve and advise on the optimal mix of compensation levers that influence talent acquisition and retention
+ Resolve the strategy for the targeted and scheduled review of CN salary bands (including through benchmarking surveys)
+ Stay up to date on trends, leading practices and research on compensation, short- and long-term incentives, and leaves
Compensation Delivery
+ Lead pay equity compliance in Canada and the United States (U.S.), including committees with union representatives, reporting requirements and communication strategy
+ Approve the compensation cycle and associated activities including the communications framework
+ Approve the job evaluation and job architecture framework, tools, and processes
Stakeholder Engagement and Relationship Management
+ Build and maintain strong relationships with key stakeholders, including senior leadership, business unit leaders and external parties
+ Represent CN in external groups and in front of government officials (e.g., Canadian Human Rights Commission (CHRC))
+ Act as a trusted advisor for compensation related matters across HR and the wider organization
Team Management
+ Coach direct reports to align them with broader HR strategy and vision, and ensure they understand the complexities and needs of the compensation teams they are supporting
+ Handle and mentor direct reports including day-to-day people management responsibilities, and ensure the team collaborates effectively and maintainsstrong performance and results (e.g., meets expected Key Performance Objectives (KPOs), Kep Performance Indicators (KPIs))
Working Conditions
The role has standard working conditions in an office environment with a regular workweek from Monday to Friday. The role requires minimal travel (10%) within North America. Due to nature of the role, the incumbent must be able to work in a high-pressure environment, meet deadlines to ensure executive and board-level deliverables, handle pressure, and stress.
**Requirements**
Experience
**Human Resources**
+ Minimum 10 years of experience in overseeing compensation functions, including base pay, incentive pay, executive compensation, and related areas
+ Between 8 to 10 years of experience in leading a shared service function and a large team of professionals
+ Experience in designing and implementing programs, including vendor negotiation, budget analysis, and staff training
Education/Certification/Designation
+ Bachelor’s Degree in Human Resources, Business Administration, Actuary or a related field
Competencies
+ Knows the business and stays current on industry needs
+ Collaborates with others and shares information
+ Seeks and values all perspectives
+ Sets direction and inspires others
+ Communicates with impact
+ Demonstrates active listening
+ Identifies needs and finds solutions to create value for all stakeholders
Technical Skills/Knowledge
+ Knowledge of legislation as it pertains to compensation
**About CN**
CN is a world-class transportation leader and trade-enabler. Essential to the economy, to the customers, and to the communities it serves, CN safely transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year. As the only railroad connecting Canada’s Eastern and Western coasts with the Southern tip of the U.S. through a 19,500 mile rail network, CN and its affiliates have been contributing to community prosperity and sustainable trade since 1919. CN is committed to programs supporting social responsibility and environmental stewardship. At CN, we work as ONE TEAM, focused on safety, sustainability and our customers, providing operational and supply chain excellence to deliver results.
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