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Sr. Compensation Analyst

2 months ago

Dallas, United States New York State Insurance Fund Full time

Description

Our downtown Dallas client is seeking a Sr. Compensation Analyst for a 4 to 6 month engagement. 100% in the office. Higher education industry. As a Sr. Compensation Analyst, you will be conducting job analysis, organizational studies, extensive field audits, job specification development, pay plan preparation and administration, among other compensation-related responsibilities.

Responsibilities

Conduct job analysis, organizational studies, and extensive field audits to understand the current compensation structure. Develop job specifications and prepare pay plans based on the results of the analysis. Maintain an in-depth understanding of federal, state, and local laws and ordinances governing compensation. Apply and interpret office policies and procedures related to compensation. Utilize Microsoft Office tools, including Excel and Word, to create spreadsheets or other electronic media to support research and recommendations. Use initiative and creativity to solve problems in the most effective and efficient manner. Gather, correlate, and analyze facts and propose solutions. Prepare clear, concise, and comprehensive reports detailing findings and recommendations. Establish project timelines and meet objectives while keeping stakeholders informed of project status and/or deviations from original expectations. Work on multiple projects simultaneously in a fast-paced environment. Develop a deep understanding of quantitative and qualitative research methods. Stay updated with human resource laws, regulations, and best practices. Conduct salary survey development, distribution, and analysis; complete external salary survey requests; analyze and compare salary data from a variety of agency and institutional sources; and make appropriate recommendations. Review compensation data to evaluate the relative impact on salaries of the performance management program. Conduct and analyze individual job audits and/or group classification surveys. Prepare position descriptions, audit or survey reports and position evaluations, and recommend classification actions. Provide recommendations concerning the development of policies, procedures, and improvements to compensation processes. Requirements

Must possess a comprehensive understanding of Qualitative Analysis Proficiency in handling Annual Compensation matters is required Experience with Compensation Surveys is essential Should have knowledge of Compensation & Benefits Experience with Compensation - Executive is a must Familiarity with HR Law is crucial Prior experience in a similar role as a Sr. Compensation Analyst is highly desirable Excellent communication and interpersonal skills are necessary Knowledge of industry-standard software and tools is beneficial Strong analytical and problem-solving skills are expected Ability to work independently and collaboratively within a team is necessary Must demonstrate a high degree of professionalism and ethical conduct.

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