MQ Referrals Only logo
Compensation Manager
full-timeToronto, Vancouver$106k - $133k

Summary

Location

Toronto, Vancouver

Salary

$106k - $133k (CAD)

Type

full-time

Explore Jobs

About this role

As Marqeta’s Compensation Manager, you will serve as a strategic compensation business partner and design, plan, and implement compensation programs, policies, and processes for our teams. We envision this high impact role as a strong influencer with the business.  You will work with leadership and cross-functional People Experience team members to create tailored solutions that meet our organizational needs while balancing market competitiveness and fiscal responsibility. This position sits on the Total Rewards team and will be one of three members on the Compensation team.


We work Flexible First. This role can be performed remotely anywhere within Ontario or British Columbia Canada. We’d love for you to join us!


This position is for an existing vacancy.


The Impact You’ll Have



  • Advisory – Act as the primary partner for assigned business function client groups and serve as a strategic advisor on complex compensation matters

  • Design – Partner with People Business Partners (PBPs), business leaders, and managers to design compelling, scalable compensation solutions, by seeking to understand the desired outcome, sharing expertise, and proposing solutions

  • Program Management – Collaborate with PBPs, Talent Acquisition, Finance, and other internal stakeholders to ensure seamless execution of compensation programs.  Facilitate annual merit, bonus, and equity programs for assigned client groups.

  • Market Intelligence – Partner across the compensation team to manage the job and compensation structure related to your client groups.  Conduct quarterly and ad-hoc analyses ensuring external competitiveness, internal equity, and legal compliance. Monitor trends affecting compensation.  Support pay transparency and other required reporting.  Complete required survey participation.  Stay abreast of industry best practices and changes in legislation related to compensation

  • Analysis – Conduct modeling and analysis on all aspects of compensation which may include building analytical models that predict or identify compensation related issues.  Evaluate existing roles and provide consultation on new roles using a combination of internal and external data

  • Audit & Compliance – Lead the efforts to review global pay gap reporting, and compliance with emerging regulations such as the EU Pay Transparency Directive and CSRD. This role involves analyzing compensation data, preparing for pay transparency, and implementing strategies that promote fairness. In addition, this person will ensure our procedures are SOX compliant.

  • Communication & Education – Develop and deliver efficient and effective presentations to influence decision making. Develop training and educational tools to communicate compensation philosophy, programs, fundamentals, and tools

  • Governance – Partner with Talent Acquisition and PBPs on new hire offers and internal mobility

  • Administration – Partner with HRIS, Payroll, and Equity teams to ensure proper transmission of payment and award data


Who You Are



  • Significant experience in global compensation, including developing, recommending, implementing, and administering compensation programs

  • Prior experience with high-growth tech companies scaling their business and workforce

  • Flexible, growth mindset, comfort with ambiguity and change

  • Demonstrated success balancing aiming for excellence versus a sense of urgency.  Detail-oriented with a high level of accuracy and strong time management skills

  • Exceptional results orientation with a high degree of personal initiative

  • Collaborative team player with a customer centric approach and focus on doing what is best for the business

  • Proven problem-solving skills as well as an ability to manage multiple tasks simultaneously to successful completion in a fast-paced environment

  • Excellent verbal and written communication skills 

  • Strong ability to foster relationships

  • Advanced Google Sheets expertise and ability to create, organize and manipulate large sets of data in complex spreadsheets.  Or the same in Excel and a willingness to learn and work predominantly in Google Sheets

  • Familiarity with Workday, including hands-on experience coaching managers through at least one compensation cycle in the system


Nice-To-Haves



  • Bachelor's or Master's degree in a field related to Finance, Business management/administration, or Human Resources

  • Certified Compensation Professional (CCP)


Your Manager



  • Divya Gallo, Director, Compensation


Typical Process



  • Application Submission

  • Recruiter video call

  • Hiring manager video call

  • Virtual “Onsite” consisting of 4, 45 min video calls

  • Offer!


Compensation and Benefits


Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. 


When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position, reflected in CAD,  is: 106,400 - 133,000


We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.


Along with monetary compensation, Marqeta offers



  • Multiple health insurance options

  • Flexible vacation time

  • Retirement savings program with company contribution

  • Equity in a publicly-traded company 

  • Monthly stipend to support our remote work model

  • Annual “development dollars” to support our people growth and development

  • Family-forming benefits and up to 20 weeks of Parental Leave

Other facts

Tech stack
Global Compensation,Program Management,Market Intelligence,Data Analysis,Compliance,Communication,Collaboration,Problem Solving,Google Sheets,Workday,Detail Oriented,Time Management,Customer Centric,Presentation Skills,Training Development,Relationship Building

About MQ Referrals Only

Modern life is fueled by modern financial solutions that are so seamlessly woven into our daily lives, you almost forget they are there. At Marqeta, we don’t just think about how we transact, we think about how those transactions can unlock delight with every digital experience. Our modern card issuing platform enables our world-class customers to create tailored and embedded financial solutions that cater to the evolving needs of today’s consumers.

Marqeta is a flexible-first company with headquarters in Oakland, CA. We’re passionate about empowering our people to make a significant impact and do the best work of their lives, all while revolutionizing the way millions experience the movement of money.

Team size: 501-1,000 employees
LinkedIn: Visit
Industry: Financial Services
Founding Year: 2010

What you'll do

  • The Compensation Manager will act as a strategic advisor on complex compensation matters and design scalable compensation solutions. They will collaborate with various teams to ensure seamless execution of compensation programs and maintain market competitiveness.

Ready to join MQ Referrals Only?

Take the next step in your career journey

Frequently Asked Questions

What does MQ Referrals Only pay for a Compensation Manager?

MQ Referrals Only offers a competitive compensation package for the Compensation Manager role. The salary range is CAD 106k - 133k per year. Apply through Clera to learn more about the full compensation details.

What does a Compensation Manager do at MQ Referrals Only?

As a Compensation Manager at MQ Referrals Only, you will: the Compensation Manager will act as a strategic advisor on complex compensation matters and design scalable compensation solutions. They will collaborate with various teams to ensure seamless execution of compensation programs and maintain market competitiveness..

Why join MQ Referrals Only as a Compensation Manager?

MQ Referrals Only is a leading Financial Services company. The Compensation Manager role offers competitive compensation.

Is the Compensation Manager position at MQ Referrals Only remote?

The Compensation Manager position at MQ Referrals Only is based in Toronto, Canada and Vancouver, British Columbia, Canada. Contact the company through Clera for specific work arrangement details.

How do I apply for the Compensation Manager position at MQ Referrals Only?

You can apply for the Compensation Manager position at MQ Referrals Only directly through Clera. Click the "Apply Now" button above to start your application. Clera's AI-powered platform will help match your profile with this opportunity and guide you through the application process. You can also learn more about MQ Referrals Only on their website.