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Analyst - Total Rewards

Employer
Kinross Gold Corporation
Location
Toronto, Ontario, Canada
Salary
Competitive
Closing date
Jul 1, 2023

View more

Category
Auxiliary & Support Staff, Human Resources
Work Term
Permanent
Work Load
Full Time
Language
English
Start Date ASAP

Hybrid Work Environment (3 days in office, 2 days remote with flexible hours)

Dress Code Business Casual

Location Downtown Toronto, Outside of Union Station (TTC & GO accessible)

A Great Place to Work

Who We Are

Kinross is a Canadian-based global senior gold mining company with operations and projects in the United States, Brazil, Mauritania, Chile and Canada. Our focus on delivering value is based on our four core values of Putting People First, Outstanding Corporate Citizenship, High Performance Culture, and Rigorous Financial Discipline . Kinross maintains listings on the Toronto Stock Exchange (symbol:K) and the New York Stock Exchange (symbol:KGC).

Mining responsibly is a priority for Kinross, and we foster a culture that makes responsible mining and operational success inseparable. In 2021 , Kinross committed to a greenhouse gas reduction action plan as part of its Climate Change strategy , reached approximately 1 million beneficiaries through its community programs, and recycled 80% of the water used at our sites. We also achieved record high levels of local employment, with 99% of total workforce from within host countries, and advanced inclusion and diversity targets, including instituting a Global Inclusion and Diversity Leadership Council.

Purpose of Role

Ensures the ongoing competitiveness and effectiveness of compensation programs in meeting the needs of assigned business groups / sites, and manages reward programs and processes for these groups. Partners with local HR teams to understand the needs and challenges of the business and to identify and implement appropriate compensation strategies to support these. Works with the Global Leads (Global Compensation, Equity, Executive Compensation, Pension & Benefits) to leverage information and resources for the business, and provides feedback to Global Leads on needs of the business. Supports the Global Total Rewards Team as needed on the annual year-end compensation review, VP compensation, executive compensation, survey submissions, ad-hoc projects, and other analyses as required.

Key Duties & Responsibilities

Provides oversight of and support for local Rewards programs

  • Manages the ongoing administration of rewards programs for Canada, Netherlands, US, Chile, Brazil and Expats, including but not limited to: completing job evaluations, leveraging global role profiles, completing compensation recommendations for new hires/promotions/retention, overseeing and administering project completion and other bonus programs, communicating and overseeing equity incentive programs, etc.
  • Aligns local compensation structures to their respective market and support business needs while working within Kinross' global frameworks by completing an annual review of target compensation levels (salary structure, short-term incentive (STI) targets, long-term incentive (LTI) targets, etc.), reviewing total compensation (including other cash, pension and benefits) on an as-needed basis, identifying opportunities for improvement, and making recommendations.
  • Manages the annual compensation review (merit increases, STI, LTI, and other ad-hoc or lump-sum recommendations) by serving as a central point of information; providing support and guidance to the local HR teams through communication and training; and providing required reporting to local HR teams and/or Global Compensation Lead and Executive Compensation Lead. Ensures the planning process is completed in harmony with global guidelines and philosophy, and meeting all deadlines. Completes system testing, delivers training (to HR and/or managers as needed), reviews data quality, etc. to ensure a high-quality end-product and a smooth process for HR and managers. Provides feedback to the Global Leads and makes recommendations to ensure the annual process meets local needs.
  • Provides support in North America to local Operator/Skilled Trade compensation programs and prepare materials to support union negotiations as requested.
  • Stays current on local compensation trends and legislative requirements. Makes recommendations as needed.
  • Provides input to the annual budgeting process to support rewards programs.


Partners with local HR and the business

  • Builds and maintains relationships with local HR teams by having a strong understanding of business challenges and direction applicable to their site to ensure compensation practices are meeting their respective needs.
  • Supports local HR teams in addressing various people matters with compensation strategies where appropriate - e.g. for retention, development, incentives, etc. Provides creative solutions and insights, and helps to integrate compensation into a broader, strategic HR solution.
  • Sources market data and completes specific market analysis or internal equity analysis as needed to address concerns. Leads and/or participates in projects relating to rewards programs (compensation and/or pension and benefits) as needed.
  • Assists local HR teams in addressing questions and concerns from employees and/or managers regarding total rewards programs by providing training and communication materials to local HR teams as needed; adapting global tools and/or developing new ones as required to meet their respective needs; and helping to build the skills and knowledge of local HR teams regarding total rewards programs.
  • Gathers feedback and input from local HR and/or business leaders relating to global rewards tools, processes, and programs, and works with the Global Leads to address any concerns, provide insights on legislative requirements/limitations, adapt tools, processes and/or programs as appropriate.
  • Assists with annual budget and/or strategic business planning process to ensure that compensation is appropriately planned as needed.


Supports the Global Total Rewards Team

  • Supports the Global Compensation Lead on the annual year-end compensation process and related data reviews, VP compensation, survey management and submission, managing market data in PayFactors, ad-hoc projects, and other analyses as required.
  • Participates in global rewards projects as required, related but not limited to: compensation systems, executive compensation, diversity, pension and benefits, HR analytics and reporting, etc.


Required Qualifications

Education

• Bachelor's degree in Human Resources Management, Labour/Industrial Relations, Business Administration, Finance, or another related area of expertise
• CHRP, CHRL, CCP, and/or GRP certification preferred

Experience

• 3 to 5 years in compensation, including but not limited to: program design, plan modelling, building/reviewing salary ranges, analyzing data to understand cost impact to business and develop recommendations, etc.
• Knowledge of executive compensation, compensation systems, compensation theory and practice, pension and/or benefits an asset
• Experience with compensation outside of North America and/or expatriate management an asset
• Experience partnering with HR/business management at various levels on compensation matters an asset
• Previous experience in the mining industry preferred, but not required

Skills

• Excellent numerical and analytical skills, and strong attention to detail
• Excellent verbal and written communication skills
• Advanced proficiency in Excel and PowerPoint
• Excellent customer service and relationship management skills; ability to interact effectively with all levels of employees and management
• Sense of urgency and ability to deliver quality products accurately to tight deadlines
• Strong project management and time management skills
• Creative problem-solving skills, good business sense, able to develop solutions or adapt programs to support the business
• Able to work at a detailed level to complete or review analysis and develop recommendations, but also look at the big picture
• Comfortable working with various systems

Travel

Some travel may be required on an as-needed basis

Our Approach to COVID-19

In response to the COVID-19 Pandemic and in alignment with our health and safety standards, all Kinross Gold Corporation employees working from the Toronto office, must be fully vaccinated with at least two doses of an approved vaccine. If offered this position, you must show proof of vaccination prior to being hired. Masks are not mandated in the office, however, employees are encouraged to wear a mask if they are more comfortable doing so. Kinross reserves the right to update its vaccination policy/requirements at any time at its sole discretion.

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