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Head of Total Rewards (Fixed Term Contract)

Toronto

  • Organization: Mastercard Foundation
  • Location: Toronto
  • Grade: Senior level - Senior
  • Occupational Groups:
    • Managerial positions
  • Closing Date: Closed

ABOUT MASTERCARD FOUNDATION

Mastercard Foundation seeks a world where everyone has the opportunity to learn and prosper. Through its Young Africa Works strategy and Canadian EleV program, the Foundation works with partners to ensure that millions of young people, especially young women, access quality education, financial services, and dignified work. Mastercard Foundation was established in 2006 through the generosity of Mastercard when it became a public company. The Foundation is independent with its own Board of Directors and CEO.

THE WORK AT THE FOUNDATION

We have entered a very exciting time at the Foundation as we scale up our operations across Africa to realize our Young Africa Works strategy. Our role at the Mastercard Foundation is to be a catalyst. Our Young Africa Works strategy focuses on working with others to spur systemic change so young people have the opportunity to find work that is dignified and fulfilling.

The Foundation has opened offices in Rwanda, Kenya, Ghana, Senegal, Ethiopia, Nigeria, and Uganda, building a broader leadership presence in Africa to develop specific strategies that support youth employment.  Within a country, we work with governments, the private sector, educators, young people, and other funders to improve the quality of education and vocational training, prepare young people for the work force, expand access to financial services for entrepreneurs and small businesses, and connect job seekers to dignified and fulfilling work.

We are ambitious and driven. Our values transcend and rise above everything else as our guide. We encourage you to bring your bold ideas, curiosity, and expertise to your work. We laugh at ourselves and with each other. We are a team. Our journey together makes our impact even more meaningful.

UNDERSTANDING CANADA PROGRAMS AT THE FOUNDATION

The Foundation has begun working within Canada in partnership with Indigenous communities and post-secondary institutions to listen, learn, and best understand how we can act in meaningful ways. The EleV strategy was co-created with Indigenous communities, young people, and partners to enable 30,000 Indigenous youth to complete their education and transition to dignified work aligned with their values and aspirations.

As reflected in Canada’s Truth and Reconciliation Commission Calls to Action, education is a key driver of improved socio-economic well-being. Through building partnerships with Indigenous communities, we look to expand our initiative ultimately helping to support a generation of transformative Indigenous young leaders who will be change agents within their communities. We believe that by setting a bold target, we will encourage engagement across sectors and create momentum that will elevate the strengths and opportunities of Indigenous youth. In keeping with our approach, Indigenous communities and young people will be the drivers of this transformation. The program will promote innovations to address longer-term systemic change to achieve economic prosperity and social well-being within Indigenous communities.

The EleV team oversees current and emerging partnerships related to Indigenous education. Consistent with our overall vision and Youth Africa Works strategy, we will share learnings and opportunities to connect across the work of the Foundation. While operating in distinct contexts, the centrality of youth voice and vision, affirmation of culture and identity, and priority to enhance community capacity for self-determination are common threads upon which our work is strengthened and reinforced.

If you are an experienced Total Rewards professional looking to increase your impact, read on!

THE OPPORTUNITY

Reporting to the Director, Total Rewards and Mobility, the Head of Total Rewards will be responsible for leading total rewards & mobility programs in Canada market.

WAYS YOU CAN CONTRIBUTE

  • Contributing to the development of the Total reward strategy, in collaboration with other stakeholders, assuring internal equity and external competitiveness.
  • Design & implement the local Total Rewards Strategy/approach.
  • Developing health and welfare benefit strategy and directing the design, implementation, communication and cost control of health and welfare benefit programs for all employees in Canada.
  • Providing leadership, guidance, and direction during deployment of the Foundation compensation programs in Canada including annual salary planning/merit increases process, salary structures, etc. to ensure alignment with Foundation’s goals.
  • Working in partnership with external vendors and consultants in both compensation and benefit arenas to ensure the Foundation is positioned competitively and stays current on trends/changes in the local market.
  • Evaluating the effectiveness of existing compensation and benefit programs, policies and guidelines and ensuring they are market competitive, cost effective, aligned with Foundation goals and are in compliance with Foundation policies, as well as government and regulatory requirements in Canada.
  • Providing oversight, expertise, and guidance to the HR Operations responsible for Canada related compensation and benefit administration.
  • Enhancing Total Reward capabilities in the Canada Market
  • Collaborate with other COEs to ensure flawless execution of annual processes and lead the Canada market's implementation of the annual processes.
  • Build a network of contacts from other players in the Canada market to ensure reliable market data. Play a leader role with the Local Network of compensation and benefits.
  • Oversee the definition and implementation of Local Benefits program.
  • Collaborate with the Lead, Compensation to manage the annual benefits renewal, cycles including market analysis, plan design, cost modeling, stakeholder engagement/management, communication for Canada.
  • Prepare and present forecasts, analyses, materials, and recommendations on total rewards programs in Canada.
  • Developing/designing, implementing, and communicating compensation plans/policies.
  • Developing and executing a comprehensive communication strategy for compensation and benefit programs and identifying opportunities to better enable the Foundation to improve employee engagement, facilitate proactive and effective messaging and cadence as well as support the Foundation’s growth and strategic plan.
  • Develop great relationships with the P&C team, People Leaders and employees within location to strengthen high employee engagement and achievement of total rewards objectives
  • Develop and maintain vendor relationships.
  • Responsible for ensuring all local employment legislation and standards are factored into key decisions and policy guidelines followed to ensure legal compliance on all matters related to total reward and mobility.
  • May be required to support in providing employee statutory and tax advisory services and support partnering closely with finance and tax advisory service providers in Canada.

WHO YOU ARE

  • Post Graduate degree in Human Resources, Compensation, Benefits, or a related field and/or a combination of relevant experience and education.
  • Certificate in compensation, benefits and/or mobility would be an asset.
  • 12+ years of progressive HR experience serving in strategically focused roles. Senior level experience including leading and directing compensation, benefits and mobility programs is a must.
  • Minimum 5 years of experience leading and managing a team with the proven ability to motivate and energize others.
  • Experience with changing and/or enhancing and implementing compensation and benefit programs.
  • Experience with building compensation, benefits, and mobility programs.
  • Extensive knowledge of employment legislation, best practices and market practices in Canada and North America.
  • Good knowledge of immigration and relocation practices and able to travel across Africa and internationally.
  • Fluency in English is required, and French language skills would be preferred.
  • Willingness to take initiative, “roll up one’s sleeves” move with urgency, persistence, and speed, and thrive in a fast-paced environment of high demand and change.
  • Able to navigate a complex organization in transition, bringing a flexible attitude and a growth mindset.
  • Able to bring creative new approaches and diverse solutions. Willing to take calculated risks to influence the adoption of fresh ideas and approaches.
  • Strong employee focus with exceptional interpersonal and listening skills with the ability to build effective partnerships with a diverse range of stakeholders and across all levels of the Foundation.
  • Drives towards impact and outcome. Motivated by a sense of performance, excellence, and urgency.
  • Strong judgement, consulting, facilitation, and negotiation skills yet comfortable with all forms of technology.
  • Flexible, adaptable, and able to execute a range of job duties and changing priorities.
  • Possess excellent verbal, written, and presentation skills with the ability to articulate information to a variety of constituents across cultures.
  • Possess professional maturity, sensitivity with different cultures, and impeccable integrity that exemplify the Foundation’s values.
  • Demonstrate a commitment to Mastercard Foundation’s values and vision.

Deadline for Applications is March 17, 2023.

Mastercard Foundation (the “Foundation”) values and respects your privacy. By submitting an application for this opportunity, you hereby agree to the Foundation’s collection, use and disclosure of your personal information in accordance with its Privacy Policy (available at https://mastercardfdn.org/privacy/). Please note that the Foundation may share your personal information with third-party agencies that support the Foundation’s recruitment activities, and such third-party agencies may contact you directly regarding this opportunity. If you have any questions or concerns, please contact the Foundation’s Privacy Officer at the address indicated in its Privacy Policy.

The Mastercard Foundation values the unique skills and experiences each individual brings to the organization and we are committed to creating and maintaining an inclusive and accessible environment for everyone.

Completion of satisfactory business references and background checks are essential conditions of employment.

For more information and to sign up for the Foundation’s newsletter, please visit http://www.mastercardfdn.org/
Follow the Foundation on Twitter at @MastercardFdn

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This vacancy is now closed.
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