Director, Compensation Strategy- FR
CN
United States, Illinois, Homewood
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Salary
$170,000 - $210,000 Per Year
Rank
Director
Responsibility
Design/Transform
Scope
Regional
Workplace
100% in office
Functions
HR
Reports to
Level
N-2
Travel Max:
10%
Posting Date
02-26-2025
Description
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.
Key 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 maintains strong performance and results (e.g., meets expected Key Performance Objectives ( KPOs ), Kep Performance Indicators ( KPIs )
Qualification & 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 S kills/Knowledge
- Knowledge of legislation as it pertains to compensation
Benefits
- Insurance Benefits
- Retirement Benefits
- Vacation Policy
- Other Perks and Benefits…
Company Profile
CN
Industry
Rail Transportation
Revenue
$12.37B
Employees
23,971
Fortune 500 Rank
NA
Global 500 Rank
NA
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