Compensation Analyst

4 weeks ago

New Brunswick, United States Rutgers University Full time

**Position Details**:

- Position Information**Recruitment/Posting Title**
- Compensation Analyst**Job Category**
- Staff & Executive - Human Resources**Department**
- UHR Consulting**Overview**
- Rutgers, The State University of New Jersey, is a leading national research university and the State of New Jersey’s preeminent, comprehensive public institution of higher education. As one of the largest employers in the State of New Jersey, Rutgers University is committed not only to the students and the State that we serve, but also to the faculty and staff who work on our campuses.
- For two consecutive years, Rutgers is ranked on Forbes’ list of America’s Best Large Employers. Rutgers holds #64 of 500 employers and is the #1 New Jersey employer on the publication’s 2023 list. **Rutgers’ commitment to its employees** includes maintaining and fostering a safe, diverse, and respectful workplace environment, creating employment opportunities for our nation’s military veterans, and ensuring accessibility and accommodation for individuals with disabilities.
- University Human Resources (UHR) supports the Rutgers mission as an institution of prominence, preeminent in research, teaching, service, and clinical care. We strive to provide the highest level of customer service in delivering a comprehensive network of programs, services, and expertise to attract, retain, and develop diverse and highly skilled top talent.

**Posting Summary**
- Rutgers, The State University of New Jersey, is seeking a Compensation Analyst for University Human Resources (UHR). Under the general supervision of the Director of Business Partner Services, the Compensation Analyst administers, gathers, analyzes and interprets job market data, comparing it against new and existing positions to ensure competitive pay practices across the university. This position will use job assessment guidelines, policies and governance to recommend the placement of jobs in the appropriate salary structure, as well as, participates in annual market salary surveys.
Among the key duties of this position are the following:

- Partners with Office of Labor Relations (OULR) to ensure compliance with bargaining unit agreements as it relates to compensatory actions.
- Partners with the UHR Consulting team to provide analytical and tactical support for organization-wide compensation processes.
- Collaborates with HR Partners as needed on salary calculations for both internal movement and external hires, promotions, demotions, transfers.
- Assists with drafting plans and communications designed to provide stakeholders with timely and accurate information regarding compensation initiatives.
- Partners with Business Partner Services team with development of proposals and presentations referencing compensation programs (including market data and appropriate pay levels/targets).
- Provides assistance and supports the continued development, rollout and maintenance of job architecture.
- Provides support to the job evaluation process to analyze job content focusing on key skills and knowledge to appropriately price within the labor market, while keeping within the policy of internal equity across the university.
- Audits and analyzes internal compensation practices and data to ensure compliance. Conducts and responds to all internal and external requests in a timely manner per standard operating procedures.
- Participates in special projects as needed under the direction of the Director of Business Partner Services, for example: market surveys, FLSA classifications, data analysis and equity reviews.
- Maintains manual and electronic documents, files and records (e.g. labor contracts, compensation surveys, market analysis, salary structures, job descriptions, internal equity changes and tracking log) for the purpose of providing accurate information in compliance with State and University regulations.
- Understands and adheres to Rutgers’ compliance standards.
- Keeps abreast of all pertinent federal, state and Rutgers’ regulations, laws and policies as they presently exist and as they change or are modified.
- Performs other related duties as assigned.

**Position Status**
- Full Time**Hours Per Week**

**Daily Work Shift**
- Day**Work Arrangement**

**FLSA**
- Exempt**Grade**
- 04**Position Salary**

**Annual Minimum Salary**
- 57998.000**Annual Mid Range Salary**
- 73412.500**Annual Maximum Salary**
- 88827.000**Standard Hours**
- 37.50**Union Description**
- Administrators Confidential**Payroll Designation**
- PeopleSoft**Benefits**

**Seniority Unit**

**Terms of Appointment**
- Staff - 12 month**Position Pension Eligibility**
- ABP- Qualifications**Minimum Education and Experience**
- Bachelor’s degree preferably in Human Resources Management, Business Administration, Organizational Development, Psychology, or a related field.
- Two years of relevant work experience.

**Certifications/Licenses**

**Required Knowledge, Skills, and Abilities**
- Ability to

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