Description
Pay Range: $60,000 - $90,000
At The Home Depot Canada, we want you to feel valued and supported. The pay range you see represents base salary only. In addition, your total rewards may include: semi-annual bonuses tied to business performance; Deferred Profit-Sharing Program to assist with retirement savings; comprehensive paid benefits; a 15% discount on Home Depot stock purchases; and merit-based salary increases. We are committed to recognizing your efforts and supporting your growth with us.
Are you someone who thrives on helping others succeed, enjoys making an impact, and takes pride in guiding customers to the right solutions for their projects? If you’re also naturally curious and eager to keep learning, consider starting or growing your career with us at The Home Depot.Position Purpose:
The Compensation Analyst supports the design, implementation, and administration of competitive and equitable compensation programs. This role partners closely with HR Business Partners, Finance, and stakeholders to provide data-driven insights on pay decisions, market competitiveness, job leveling, and compliance. The Analyst plays a key role in annual compensation cycles and broader compensation initiatives to ensure programs align with business strategy and regulatory requirements.
Responsibilities
Compensation Program Support
- Support the administration of annual compensation cycles (e.g., merit, variable pay, salary structure updates).
- Assist in the development, maintenance, and governance of salary structures and pay ranges aligned with market data and internal equity.
- Analyze compensation data to identify trends, risks, and opportunities related to pay competitiveness, compression, and fairness.
- Support compensation projects and that impact the Division.
Market Pricing & Job Evaluation
- Conduct market pricing using reputable survey sources
- Support job evaluations and job leveling activities using established methodologies.
- Partner with HR Business Partners on job reviews, role changes, and structure impacts.
Data Analysis & Reporting
- Prepare compensation analyses to support decision-making.
- Respond to ad hoc data requests related to pay, incentives, recognition.
- Ensure data integrity and accuracy within Workday and compensation tools.
Compliance & Governance
- Support compliance with applicable pay equity and pay transparency legislation.
- Assist with internal audits, documentation, and controls related to compensation practices.
- Contribute to the development of policies, guidelines, and manager tools.
Stakeholder Partnership
- Act as a trusted partner to HR Business Partners by providing clear, concise compensation guidance.
- Support manager inquiries related to pay decisions, offers, and internal movement.
- Contribute to cross-functional compensation projects and process improvements
Qualifications
Education & Experience
- Bachelor’s degree in Human Resources, Business Administration, Finance, Economics, or a related field.
- 3-4 years of experience in compensation, HR analytics, or a related function.
- Experience working with market survey data and job evaluation is preferred.
Technical Skills
- Strong analytical and quantitative skills with advanced Excel capabilities.
- Experience working with HRIS platforms (e.g., Workday) an asset.
- Ability to translate data into clear insights and recommendations.
Core Competencies
- High attention to detail and strong data integrity discipline.
- Ability to manage multiple priorities and meet deadlines.
- Strong communication skills with the ability to explain compensation concepts clearly.
- Collaborative mindset with a customer-focused approach.
In our commitment to efficiency, consistency, and a fair hiring experience for all candidates, The Home Depot Canada uses Artificial Intelligence (AI) technology to assist with the screening and assessment of applicants for this position. This technology is used to quickly and consistently identify candidates whose skills and experience are the strongest match for the role. Our process is designed to ensure human oversight is maintained throughout the selection process.
