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Compensation Manager Jobs in Toronto, ON (NOW HIRING)

As a Compensation Manager, you will serve as the senior compensation consultant to assigned business units (which may span multiple regions) and be a hands-on people leader within the Total Rewards ...

What you will do The Manager role oversees the work of the non-management employees within the Compensation & Recognition team, working with the leadership team to prioritize activities. This role is ...

What you will do The Manager role oversees the work of the non-management employees within the Compensation & Recognition team, working with the leadership team to prioritize activities. This role is ...

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Showing results 1-20

Compensation Manager information

See Toronto, ON salary details

$57.3K

$105.8K

$146.5K

How much do compensation manager jobs pay per year?

As of Jul 28, 2026, the average yearly pay for compensation manager in Toronto, ON is $105,804.00, according to ZipRecruiter salary data. Most workers in this role earn between $90,662.00 and $118,815.00 per year, depending on experience, location, and employer.

What Is a Compensation Manager?

A compensation manager is part of a corporate HR team which researches and develops the pay policies in a company. They use research to help determine fair pay scales for all the company employees. Duties include helping the business with recruiting and integrating new employees. At a small company, they might be responsible for all aspects of the pay system, while at a larger company they may have specific responsibilities, such as doing market research or surveying workers.

What does a compensation manager do?

A compensation manager develops and manages salary structures, incentive programs, and benefits to ensure competitive and equitable pay practices within an organization. They analyze market data, ensure compliance with regulations, and collaborate with HR and finance teams to align compensation strategies with company goals. Strong analytical skills and knowledge of compensation software are essential for this role.

What is the difference between Compensation Manager vs Compensation Analyst?

AspectCompensation ManagerCompensation Analyst
CredentialsBachelor's degree, often HR or Business; certifications like CCP or CBPBachelor's degree in HR, Business, or related; certifications like CCP beneficial
Work EnvironmentOversees compensation strategies, manages teams, collaborates with HR leadershipAnalyzes salary data, prepares reports, supports compensation programs
Employer & Industry UsageUsed in large organizations across various industriesCommon in HR departments, especially in finance, healthcare, and tech sectors

The Compensation Manager focuses on developing and managing overall compensation strategies, policies, and team leadership. In contrast, the Compensation Analyst primarily conducts data analysis, prepares reports, and supports compensation program implementation. Both roles require similar credentials but differ in scope and responsibilities within the compensation function.

What jobs pay $500,000 a year in the US?

In the US, Compensation Managers typically do not earn $500,000 annually; such high salaries are more common in executive roles like CEOs, investment bankers, or specialized surgeons. High-paying positions often require extensive experience, advanced degrees, and leadership responsibilities. Compensation Managers earning this level are rare and usually hold senior executive or consulting roles with bonuses and stock options included.

What are the key skills and qualifications needed to thrive as a Compensation Manager, and why are they important?

To thrive as a Compensation Manager, you need expertise in compensation analysis, benefits administration, and compliance, often supported by a degree in human resources or business and relevant certifications such as CCP (Certified Compensation Professional). Familiarity with HRIS systems, data analytics tools, and compensation benchmarking software is typically required. Strong analytical thinking, attention to detail, and effective communication skills help you design competitive pay structures and collaborate with stakeholders. These skills ensure fair, data-driven compensation practices that support employee satisfaction and organizational goals.

What degree do you need to be a compensation manager?

A compensation manager typically needs a bachelor's degree in human resources, business administration, finance, or a related field. Many employers prefer candidates with a master's degree or professional certifications such as the Certified Compensation Professional (CCP). Relevant experience and knowledge of compensation strategies and HR software are also important.

What are some common challenges Compensation Managers face when designing competitive pay structures?

Compensation Managers often navigate the challenge of balancing internal equity, market competitiveness, and budget constraints when designing pay structures. They must ensure that compensation packages attract and retain top talent while staying compliant with regulations and maintaining fairness across the organization. Additionally, Compensation Managers regularly analyze market data, manage employee expectations, and collaborate with HR and leadership to support organizational goals. These complexities require strong analytical skills, communication, and the ability to adapt to changing market trends.
What are the most commonly searched types of Compensation jobs in Toronto, ON? The most popular types of Compensation jobs in Toronto, ON are:
What job categories do people searching Compensation Manager jobs in Toronto, ON look for? The top searched job categories for Compensation Manager jobs in Toronto, ON are:
What cities near Toronto, ON are hiring for Compensation Manager jobs? Cities near Toronto, ON with the most Compensation Manager job openings:
Infographic showing various Compensation Manager job openings in Toronto, ON as of July 2026, with employment types broken down into 1% As Needed, 77% Full Time, 18% Part Time, and 4% Contract. Highlights an 88% Physical, 3% Hybrid, and 9% Remote job distribution, with an average salary of $105,804 per year, or $50.9 per hour.
Sales Compensation Manager

Sales Compensation Manager

OSL Retail Services Inc

Mississauga, ON • On-site

CA$75K - CA$90K/yr

Other

Posted 6 days ago


OSL Retail Services rating

4.4

Company rating: 4.4 out of 10

Based on 58 frontline employees who took The Breakroom Quiz

27th of 30 rated technology retailers


Job description

Overview

At OSL Retail Services, we believe people are the heart of everything we do, and it is an exciting time to be part of something special! Our momentum is growing, and is fueled by innovation, collaboration, and a shared entrepreneurial spirit that drives real results. Founded in 2012 in Mississauga, Ontario, OSL delivers customized sales solutions in retail, direct sales, and customer acquisition, all built on a foundation of integrity, respect, and passion. Our culture thrives on connection, purpose, and growth. If you're looking for a place where your talents are valued, your ideas matter, and your career can grow, we'd love to meet you.

Reporting to the Director, Business Intelligence & Analytics, the Sales Compensation Manager will play a critical role in designing, implementing, and managing effective and competitive sales incentive programs that align with business goals and drive performance. This role is responsible for developing commission and bonus structures, calculating payouts based on performance to targets, and handling inquiries and disputes related to compensation. The ideal candidate will bring a mix of analytical expertise, strategic thinking, and strong stakeholder communication skills.

Contract 12-months with possibility of extension or full time  

What you'll do:

Compensation Administration & Analysis:

  • Own end-to-end commission and bonus calculation processes across all programs.
  • Ensure timely and accurate incentive payouts, based on validated performance data and target attainment.
  • Maintain robust documentation and audit trails of all compensation calculations and changes.

 Program Design & Strategy:

  • Develop and maintain scalable compensation plans (commission, bonus, SPIFFs) aligned with company sales strategies and goals.
  • Collaborate with Sales, Operations, and HR leaders to ensure incentive programs drive the right behaviors and outcomes.
  • Evaluate plan effectiveness regularly and recommend improvements based on performance trends, market benchmarks, and business feedback.

Communication & Stakeholder Support:

  • Act as the primary point of contact for sales reps and managers regarding compensation plans and payout inquiries.
  • Investigate and resolve disputes or discrepancies in a timely and professional manner.
  • Provide clear, user-friendly compensation reports and summaries to sales leaders and individual contributors.
  • Monitor tickets and inquiries for patterns and proactively resolve systemic issues

 Governance & Continuous Improvement:

  • Ensure compliance with internal policies and external regulations related to compensation practices.
  • Drive automation and process improvements to streamline incentive calculation and reporting.
  • Partner with IT, BI, and Data teams to ensure compensation systems and data sources are accurate and well-integrated.
  • Ownership of the accuracy and efficiency of compensation related reporting and dashboards, and payroll workflows

 

Team Leadership and Development 

  • Lead, mentor, and grow a team of compensation analysts
  • Set clear goals and expectations, manage performance, and support ongoing skills development.
  • Foster a culture of collaboration, operational excellence, and continuous improvement within the compensation team

 What you've done

  • Bachelor's degree in business, Finance, Accounting, HR, or a related field.
  • 5+ years of experience in sales compensation, sales operations, or financial analysis roles.
  • Strong analytical skills with the ability to collect, organize, analyze, and disseminate information with attention to detail and accuracy
  • Proficiency in relevant tools, such as BI platforms (Power BI, Domo, Tableau, etc.) and Excel
  • Excellent interpersonal skills and ability to communicate with sales, finance, and executive leadership.
  • Detail-oriented, organized, and able to handle sensitive information with confidentiality
  • Experience in a high-growth or performance driven sales environment a plus
  • Experience with retail businesses a plus

What's in it for you:

  • Competitive base salary: $75K-$90K
  • Career growth: Ongoing training, development, and programs to help you advance.
  • Award-winning culture: Proud to be one of Canada's Best Managed Companies for 8 years running - now a Platinum Club member.

 The Interview Process:

  • Step 1: If your profile is a match, we will invite you for a first conversation with the recruiter.
  • Step 2: The next step is an in-person interview with the hiring manager.
  • Step 3: The final step is an in-person interview with the Director and extended team.

 

If this sounds like you and you're excited to be a member of our team, please apply now. 

We thank all interested applicants; however, only qualified candidates will be contacted.  This position requires successful completion of a criminal background check. OSL is committed to an inclusive workplace that does not discriminate against race, nationality, religion, age, marital status, physical or mental disability, sexual orientation, gender, or gender identity. We believe in diversity and encourage any qualified individual to apply.   

Disclaimer: As part of our recruitment process, we utilize artificial intelligence (AI)-based tools to assist with certain stages, including initial resume screening and skills-matching assessments. These tools are designed to help our hiring team identify candidates whose experience and qualifications align closely with the requirements of the role. Please note that all final hiring decisions are made by our recruitment team.  The preceding job description has been designed to indicate the general nature and level of work performed by employees within this job. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees assigned to this job.  In compliance with Ontario's Bill 190, we confirm that this posting represents a current existing vacancy within our organization.                         

Employment Type: OTHER

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