COMPENSATION ANALYST
Top Benefits
About the role
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 usesArtificial Intelligence (AI) technology to assist with the screening and assessment of applicantsfor 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.
Not the right fit? Search for COMPENSATION ANALYST jobs in Toronto, ON
About Home Depot Canada
The Home Depot Canada is the Canadian arm of the world’s largest home improvement retailer. The company has 182 stores in 10 Canadian provinces, employing more than 30,000 associates from coast-to-coast.
Our company is the largest home improvement retailer in Canada, the U.S. and Mexico. Our global expansion demonstrates how The Home Depot combines its vast knowledge of the home improvement industry with the needs, shopping trends and customs of each unique geography to best serve customers.
Based out of our dynamic Toronto-based Store Support Centre, we have many opportunities available for corporate professionals seeking a big challenge with great rewards. Our high-performing team consists of marketing and communication specialists, the industry’s best product merchants, and experts in financial and inventory planning. We also have exciting opportunities within our Supply Chain team including positions at our Distribution Centres.
The Home Depot’s values are the fabric of the company's unique culture and are central to our success. In fact, they are our competitive advantage in the marketplace. Associate pride and our "orange blooded" entrepreneurial spirit are distinctive hall marks of our company.
With our unprecedented growth, there's no better time to build your career at The Home Depot Canada.
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COMPENSATION ANALYST
Top Benefits
About the role
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 usesArtificial Intelligence (AI) technology to assist with the screening and assessment of applicantsfor 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.
Not the right fit? Search for COMPENSATION ANALYST jobs in Toronto, ON
About Home Depot Canada
The Home Depot Canada is the Canadian arm of the world’s largest home improvement retailer. The company has 182 stores in 10 Canadian provinces, employing more than 30,000 associates from coast-to-coast.
Our company is the largest home improvement retailer in Canada, the U.S. and Mexico. Our global expansion demonstrates how The Home Depot combines its vast knowledge of the home improvement industry with the needs, shopping trends and customs of each unique geography to best serve customers.
Based out of our dynamic Toronto-based Store Support Centre, we have many opportunities available for corporate professionals seeking a big challenge with great rewards. Our high-performing team consists of marketing and communication specialists, the industry’s best product merchants, and experts in financial and inventory planning. We also have exciting opportunities within our Supply Chain team including positions at our Distribution Centres.
The Home Depot’s values are the fabric of the company's unique culture and are central to our success. In fact, they are our competitive advantage in the marketplace. Associate pride and our "orange blooded" entrepreneurial spirit are distinctive hall marks of our company.
With our unprecedented growth, there's no better time to build your career at The Home Depot Canada.