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Compensation Analyst

Date: Jun 17, 2022

Location: Toronto, ON, CA

Company: Hydro One Networks Inc

44930 - Toronto - Regular - Ongoing 

Safety Comes First is a core value at Hydro One, and we remain committed to taking every reasonable precaution to ensure a respectful, safe and healthy working environment. Further to this commitment, we have adopted a COVID-19 Vaccination Policy to protect the health of our employees from the hazard of COVID-19. New employees will be required to declare their vaccination status to Hydro One. Employees who do not provide proof of vaccination status may not enter any 3rd party locations that require full vaccination (e.g. customer properties).

Hydro One is proud to be the largest electricity transmission and distribution provider in Ontario, serving nearly  1.5 million customers. We have a long history in the industry with our roots dating back over 110 years to 1906. Since then, we have worked to grow and evolve to meet the changing needs of our customers and communities across Ontario. Today, we’re focused on providing exceptional customer service and ensuring we are building safe communities where we live, work and play.

It’s an exciting time to join the team at Hydro One!

*NOTE* Hydro One introduced a Hybrid Work Pilot Project in 2022 for most office-based roles. Employees work in-office/on-site two days a week and remotely from home for three days a week. Hydro One is adding refreshed workspaces and technology to support these changes.  Join us as we ‘trial & learn’ a new modern way of working and be a key driver of future state!

In office but with intention – a time for team and trust building, collaboration, and socialization. Please reach out to us to learn more!

The Compensation Specialist will be accountable for the day-to-day delivery and administration of equity based compensation programs and processes for represented and non-represented employees. 


General Accountabilities:

  • Assist with the delivery and administration of equity based compensation programs including: Long-term Incentive (Cash-Settled LTIP Awards, Restricted Share Units, Performance Share Units and Options), Deferred Share Units, Employee Share Ownership Plans (ESOP) and Canadian Control Private Corporation (CCPC) status Share Grants
  • Support the ongoing, review and refinement of equity compensation programs by identifying process improvements and conducting targeted research and analysis
  • Liaise between the administrative agent and payroll provider on equity related matters
  • Audit the administrative agent and payroll provider to ensure the accuracy of all aspects of the equity program
  • Develop communications material to educate management and employees on the benefits of equity based compensation and the link between pay for performance
  • Support the development of material for the Board of Directors related to equity administration and reporting
  • Work in collaboration with the Compensation team to develop the Compensation Discussion and Analysis section of the annual Management Information Circular
  • Assist in the preparation of the annual Share Ownership Guideline report
  • Provide ad-hoc compensation analytics and reporting
  • Conduct research on compensation practices and policies


Selection Criteria:


  • Post-secondary degree or diploma in Business or Human Resources or related fields
  • A minimum of 4 – 6 years’ related human resources experience with preferable experience in equity based compensation and incentive program experience


  • Demonstrated knowledge of compensation and incentive program,  with preferable experience in equity administration or executive compensation in a publicly traded context
  • Strong analytical skills, attention to detail, demonstrated ability to maintain a high degree of accuracy and skilled in manipulating data
  • Sound knowledge of human resources theories, principles, and practices, with a focus on Compensation
  • Advanced proficiency in Excel is required; proficient with PowerPoint and Word
  • Ability to produce high quality work and manage multiple deliverables under time constraints
  • Demonstrated ability to exercise sound judgment in handling information of a sensitive nature
  • Experience administering compensation with SAP and SuccessFactors is an asset
  • Excellent communication skills and the ability to summarize information concisely and present in written, graphical and/or verbal format in order to convey complex information to all levels of stakeholders
  • Proven ability to think conceptually, problem-solve, and generate practical solutions
  • Ability to take full ownership of assigned projects and see those projects through to completion
  • The ability to work collaboratively with all levels of staff to develop strong working relationships with individuals across the company
  • Ability to work independently and in a team environment
  • Excels at building partnerships, both inside and outside the team, and working collaboratively with others to meet shared objectives
  • Ability to plan and prioritize work to meet commitments aligned with organizational goals

At Hydro One we understand that the success and strength of our business rests with our people. When we develop their skills, we are investing in both their success and ours. To secure the best talent, we seek to create a workforce that reflects the diverse populations of the communities where we live and work and to create a culture based on safety, innovation and inclusiveness.


We are honoured to be recognized by Forbes in its list of Canada’s Best Employers for 2021.


Thank you for considering a career with Hydro One, we welcome applications from all qualified candidates. If you are having difficulty using our online application system and you need an accommodation due to a disability, please email Hydro One will provide reasonable accommodation for qualified individuals with disabilities in the job application process.


Please note this email is only for accommodation requests. Resumes sent to this email address will not be considered.


Deadline: July 04, 2022



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