Details
Posted: 18-Feb-22
Location: Nationwide
Salary: Open
Senior Compensation Analyst6559BR
Finance & Administration
Human Resources
Detailed Job DescriptionPosition Summary
Under the general direction of the Director of Compensation, provides expertise in the planning, development, and administration of compensation policies and programs. Evaluates existing compensation practices, policies, and guidelines and makes recommendations to improve effectiveness, consistent with compensation best practices, changing regulatory requirements and university objectives.
Partners with HR Managers (HRMs) to analyze and review job evaluation and re-evaluation requests; leads evaluation process for assigned job studies and applies consistent methodology; maintains job evaluation documentation. Advises departments on requirements for exempt status and FLSA regulations regarding overtime pay, exemption tests, etc.
Independently conducts research and analyses and prepares recommendations, requiring a thorough understanding of compensation principles and best practices.
Major Responsibilities:
- Plans, develops, and implements faculty and staff compensation policies and programs. Evaluates existing practices, policies, and guidelines and makes recommendations to improve effectiveness, consistent with compensation best practices and University objectives. Independently conducts research, performs complex analyses and presents recommendations.
- Provides advice to HRMs and senior leaders on pay decisions, policy and guideline interpretation and job evaluation, including the design and implementation of creative solutions to meet university and organization needs.
- Partners with HRMs to analyze and review job evaluation and re-evaluation requests; leads evaluation process for assigned job studies and applies consistent methodology; maintains job evaluation documentation. Advises departments on requirements for exempt status and FLSA regulations regarding overtime pay, exemption tests, etc.
- Performs analytical studies in a variety of areas related to faculty and staff compensation. Recommends practice and/or policy changes. Conducts benchmarking studies with peer institutions and local employers to ensure market competitiveness..
- Reviews existing and proposed statutory requirements governing compensation and recommends appropriate courses of action.
- OTHER DUTIES AS ASSIGNED
Department/College DescriptionRequired Minimum QualificationsBachelor's degree and a minimum of four years experience as a compensation analyst or comparable role. Extensive working and practical knowledge of a wide variety of compensation techniques, theory, practices, methods, programs and plans including regulatory requirements, incentive compensation, and similar complex compensation subjects.
Specialized Skills:
- Demonstrated superior analytical skills including complex data analysis, manipulation and reporting
- Demonstrated ability to lead and manage complex projects
- Ability to influence others to support a recommended course of action
- Advanced skill level in Excel
- Ability to work effectively in a team environment
- Excellent interpersonal and communications skills and the ability to work with a wide range of constituencies in a diverse community
- Ability to communicate effectively both verbally and in writing, including group presentations and presentations to senior leaders
Preferred:
- BS in Human Resources preferred; CCP certification
- Minimum of four years compensation experience
Preferred QualificationsProfessional Area: Employment Category: Fulltime
Staff Job Function: Wage Band: 120A
Required Application DocumentsHow to ApplyIn order to be considered for this position, you must apply for it at:
http://careers.rit.edu/staff. Click the link for search openings and in the keyword search field, enter the title of the position or the BR number.
The direct link to this posting can be found here:
https://sjobs.brassring.com/Additional DetailsRochester Institute of Technology, the 10th largest private university in the U.S., is among the worlds leading technological universities. Its 18,000 undergraduate and graduate students from all 50 states and more than 100 countries are enrolled in over 200 academic programs, including 7 interdisciplinary Ph.D. programs. A pioneer in experiential education, RIT was the first to offer undergraduate degree programs in biotechnology, information technology, software engineering, and microelectronic engineering. As home to the National Technical Institute for the Deaf, the university offers unparalleled academic opportunities and services for the deaf and hard-of-hearing. Founded in 1829, RIT has 115,000 alumni throughout the United States and around the world. RIT has been named by the Chronicle of Higher Education as one of the