7+ years of experience in compensation, including incentive plan design., Expertise in designing bonus, equity, and commission programs., Strong stakeholder partnership skills, with experience advising senior leaders., Excellent project management and analytical skills..
Key responsibilities:
Act as the primary compensation partner for HR and business leaders.
Manage and improve employee-facing Total Rewards resources and education sessions.
Lead the design and administration of variable pay programs, including commission plans.
Support complex compensation projects and prepare materials for Compensation Committee.
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Wealthsimple is on a mission to help everyone achieve financial freedom by reimagining what it means to manage your money. Using smart technology, we take financial services that are often confusing, opaque and expensive and make them transparent and lowcost for everyone. We’re the largest fintech company in Canada, with over 4 million users who trust us with more than $70 billion in assets.
Our teams ship often and make an impact with groundbreaking ideas. Were looking for talented people who keep it simple and value collaboration and humility as we continue to create inclusive and highperforming teams where people can be inspired to do their best work.
About the Team
The Total Rewards team designs the strategic compensation and benefits programs that attract, retain, and motivate the talent Wealthsimple needs to achieve its mission.
About the Role
We’re looking for a new team member to act as the primary compensation partner to our business partners, providing counsel and empowering our stakeholders to make sound decisions on the execution of our compensation and benefits practices.
In this role you’ll have the opportunity to:
Act as the primary compensation partner and main point of contact for HR Business Partners, Talent Acquisition, and business leaders on compensation design requests and crossfunctional projects
Own and evolve all employeefacing Total Rewards resources, including leading Total Rewards education series and onboarding sessions to ensure our philosophy and programs are well understood
Lead the execution and continuous improvement of variable pay programs, including the design and administration of commission plans for our Sales organization
Collaborate with business leaders to provide counsel on evolving compensation practices and pay frameworks
Lead the execution of complex compensation projects and support the production of Compensation Committee materials, as needed
What Youll Bring:
Relevant work experience: You have 7+ years experience in compensation. Expertise in incentive plan design is required, including bonus, equity, and commission experience
Stakeholder partnership: Demonstrated experience acting as a trusted advisor and partner to senior leaders and HRBPs, with an ability to influence and provide strategic counsel
Project management: You are highly organized, with a demonstrated ability to manage multiple complex projects simultaneously. You can independently drive results from scoping and planning through execution and delivery, ensuring stakeholders are aligned and deadlines are met
Decision making: You are comfortable making sound decisions under pressure and ambiguity
Data & analytics: Strong analytical and problemsolving skills. You are comfortable using and manipulating data to drive tangible results. You don’t rely on others to do this for you
Attention to detail: You sweat the details. You know what top tier performance looks like because you have been a high achiever yourself.
Communication and collaboration: You are able to communicate complex ideas in a simple & easytounderstand way for any audience. You have excellent interpersonal skills and willingness to work in collaboration with a wide range of stakeholders and teams
Creativity: You are comfortable with thinking outside of the box and being open to new ideas. You are curious and take initiative to experiment with new ideas, technologies, and solutions
In the first six months of this role you will:
Quickly master our Compensation Philosophy and Strategy, and our existing total rewards frameworks, structures, and programs
Establish strong partnerships with the People Operations team and key stakeholders to deepen business context and build trust
Partner closely with the Head of Total Rewards to support crossfunctional projects
Develop and begin executing on an education strategy for our compensation programs, ensuring our stakeholders are wellequipped and our employees have a solid understanding of total rewards
Why Wealthsimple?
🤑 Competitive salary with toptier health benefits and life insurance
📈 Retirement savings matching plan using Wealthsimple for Business
🌴 20 vacation days per year and unlimited sick and mental health days
📚 Up to $1,500 per year towards wellness and professional development budgets respectively
🛫 90 days away program: Employees can work internationally in eligible countries for up to 90 days per calendar year
🌎 A wide variety of peer and companyled Employee Resource Groups (ie. Rainbow, Women of Wealthsimple, Black @ WS)
💖 Companywide wellness days off scheduled throughout the year
We’re a remotefirst team, with over 1,000 employees coast to coast in North America. Be a part of our Canadian success story and help shape the financial future of millions — join us!