Total Compensation Analyst
Patsnap is a global, pre-IPO company that transforms the way organizations harness their Intellectual Property and Research & Development productivity. Our platform revolutionizes how IP and R&D teams collaborate across the entire innovation lifecycle, using domain-specific AI to accelerate the creation of market-ready products. With over 12,000 customers worldwide, including some of the biggest names in innovation, Patsnap is at the forefront of technological advancement. Our $300M Series E funding round brings our valuation to a $1 billion unicorn status, and we still have a remarkable amount of growth ahead.
We have a vibrant and diverse team with offices in Singapore, Toronto, London, and Shanghai. Our hyper-growth trajectory is powered by our people, and we are extremely proud of our company-wide vision, work ethic, and entrepreneurial spirit. We are committed to fostering an inclusive environment where talent thrives and ideas bloom.
Role Summary:
We’re seeking a highly skilled Total Compensation Analyst to lead and optimize our compensation and benefits programs. This role will ensure our practices remain competitive, equitable, and aligned with organizational goals while driving employee engagement and retention. You’ll have the opportunity to partner closely with Senior Leadership as you provide advice and guidance around Patsnap West’s total rewards and compensation plan.
This is a hybrid position in our Toronto, CA office. This role has the option to work hybrid throughout the week or fully in office.
What You'll be Doing:
- Lead and manage compensation programs, including salary structures, bonus plans, equity, and other incentives (e.g., SPIFs and ESOP).
- Evaluate and classify job positions to ensure fair and consistent compensation practices aligned with pay equity regulations.
- Conduct analysis of industry compensation trends to maintain a competitive market position and make data-driven decisions on total rewards effectiveness.
- Oversee annual total rewards processes, including salary reviews, bonus distribution, and incentives.
- Provide guidance to HR teams and leadership on compensation decisions, policies, and job evaluations.
- Participate in salary surveys to inform competitive strategies and achieve corporate compensation objectives.
- Oversee global benefits programs, including health and wellness plans, retirement, and employee perks, ensuring they support holistic employee well-being.
- Manage vendor relationships for compensation and benefits programs, including renewals and communications.
- Collaborate with leadership to align compensation and recognition with performance management and drive a performance-oriented culture.
- Develop and execute communication strategies to educate employees about their total rewards and align them with company objectives.
- Prepare and deliver training sessions on compensation and benefits programs.
About You:
- Bachelor’s degree or equivalent experience with 5-10 years of expertise in Total Rewards, focusing on Global Compensation & Benefits in the UK, US, and Canada.
- Strong analytical skills, advanced spreadsheet proficiency, and in-depth knowledge of compensation and benefits best practices, including equity, incentives, pay equity regulation and compliance requirements.
- In-depth knowledge of compensation and benefits best practices, global group benefits administration, regulations, market trends, and experience with Employee Stock Option programs.
- Hands-on experience with HRIS systems, data analytics tools, demonstrating the ability to leverage technology to optimize total rewards programs.
- Proven ability to manage vendor relationships, negotiate favorable terms, and use salary and benefits survey data to inform competitive strategies.
- Superior communication, presentation, and organizational skills, with the ability to engage stakeholders, manage competing priorities, and deliver results under tight deadlines.
- Collaborative, service-oriented approach, with the ability to influence and challenge leaders to drive meaningful outcomes.
What You'll Love:
- 5 weeks paid vacation (+ 1 day per year of service to a maximum of 30 days)
- Comprehensive benefits package for you and your dependents from day one
- RRSP Contribution Matching
- Access to mental health support
- Maternity and paternity leave
- 2 company paid volunteering days
- Life Assurance
Our Values:
- Integrity: We hold each other accountable for our actions.
- Leadership: We lead by example and inspire each other to reach for new heights.
- Openness: We are open and honest and share our ideas with care and consideration.
- Growth: We are lifelong learners who aspire to improve each day.
- Innovation: We seek out new ways to solve problems.
- Customer: Our customer is at the center of everything we do. Their success is our success.
Patsnap is proud to be an equal opportunity employer (EOE) that champions diversity. We do not discriminate based on race, religion, national origin, citizenship, sex, gender identity or expression, sexual orientation, pregnancy, age, or marital, veteran/military, or disability status, or any other protected status in accordance with federal, provincial/state or local laws.
Even if you don’t meet 100% of the above qualifications, we encourage you to apply and tell us why you’d be a great fit for this role! If you require any accommodations during the interview process, please email us at recruitment@patsnap.com so we can best support you.
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Last updated on Jan 20, 2025