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Analyst, Compensation & Benefits
Holt Renfrew
Toronto
Department Stores, Luxury Fashion, Luxury Menswear
Full time
Posted 1 month ago
Market: ON - Toronto
Industry Segment: Department Stores, Luxury Fashion, Luxury Menswear
Category: Data and Analytics, Finance
Seniority: Associate
Job Type: Full time

Marketplace Role

As a service to our candidates we present 1000’s of luxury industry roles as part of our Marketplace offering. For these jobs you will be forwarded to the brand to apply directly.

Job Description

Holt Renfrew offers you an inspiring, fashion-driven environment with opportunities to learn and grow. From our incredible partnerships with iconic luxury brands, to our commitments to corporate social responsibility, you will be inspired every day.

A job at Holt Renfrew offers a competitive total compensation, a generous employee discount, pension, and health & dental benefits, tuition assistance, and continuous learning and development.

The Analyst, Total Rewards & Performance provides analytical and administrative support in the development, implementation, and monitoring of all Total Rewards and Performance activities for Holt Renfrew. The Analyst provides extraordinary service to internal and external clients by analyzing and monitoring programs, upholding data integrity, and ensuring timely responses to queries and escalations.

Specific responsibilities include (but are not limited to) the following:

  • Build effective partnerships with internal (i.e. executives and management across the organization) and external (i.e. vendors and consultants) contacts
  • Supports the Manager, Total Rewards & Performance by providing analysis and recommendations on program design and market competitiveness
  • Provide analytical and administrative support for major plan processes including but not limited to:
    • Cash compensation programs including, commission, market analysis, surveying, and job evaluation
    • Bonus/Incentive programs for all levels of eligible participants
    • Benefit programs including annual re-enrollment activities
    • Retirement Savings Plans
    • Annual Performance Cycle
    • Employee Recognition Programs
    • Absence Management

  • Support the annual performance and reward cycles, including forecasts and modelling of budgets and accruals for Stip and merit programs, preparing adjacent communications in support of the annual performance cycle, and ensuring data readiness data analysis for all bonus calculations
  • Develop, maintain, and update communication & training materials for all Total Rewards activities across the organization i.e. guides, plan documents, marketing collateral, webinars etc.
  • Prepare standard and ad-hoc reporting for all Total Rewards programs
  • Perform audits on Total Rewards related processing to ensure compliance with internal and external standards including legislation changes and market movement
  • Identify and recommend opportunities for the improvement of processes and policies related to Total Rewards to enhance the performance and understanding of programs and to reduce administration
  • Keep pulse on market trends and ensure awareness of Total Rewards related legislation changes
  • Respond in a timely and accurate manner to inquiries and escalations
  • Manage the annual compensation survey submission process by participating, reviewing and analyzing survey data and results

The ideal candidate:

  • Post-secondary degree in a related field or equivalent experience
  • 3.5+ years of successful analytical experience in Total Rewards field (retail industry considered an asset)
  • Strong analytical, critical thinking, and customer service skills
  • Experience with Workday
  • Systems administration, implementation and testing experience
  • Confident and effective communication (written & verbal) and interpersonal skills
  • Advanced proficiency in Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)

The measures of success:

  • Contribution to financial objectives
  • Individual objectives linked to the achievement of department goals
  • Feedback from internal and external clients

About Holt Renfrew

Holt Renfrew is considered Canada’s fashion and lifestyle retailer.

Founded in Quebec City in 1837, Holt Renfrew is renowned for unparalleled retail experiences and is Canada’s hub for the world’s best fashion and beauty brands. Recognized as a leader in personal service and experiences, the company’s mission is to empower self-expression and ignite positive change along with overarching commitments to sustainability and diversity and inclusion.

With seven stores across Canada, including four in the Greater Toronto Area, plus Montreal, Calgary, and Vancouver, customers can also experience Holt Renfrew’s offerings via holtrenfrew.com.

Holt Renfrew was acquired by the Weston family in 1986 and continues to be privately and Canadian-owned as part of the Selfridges Group. Visit us at www.holtrenfrew.com.

Analyst, Compensation & Benefits
Holt Renfrew
Toronto
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Analyst, Compensation & Benefits
Holt Renfrew
Toronto

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