Principal Compensation Analyst

3 weeks ago

Redwood City, United States Stanford University Full time

Stanford University Human Resources (UHR) is seeking a Principal Compensation Analyst who is a demonstrated subject matter expert in compensation design, implementation, optimization, and administration. The ideal candidate will have a depth of experience working in a large decentralized organization with complex collaboration and distributed authority. This role will report to the Senior Director of Compensation for Staff, Executive, and Global compensation. This position is at our Stanford Redwood City campus. JOB PURPOSE: Provide direct support to clients regarding compensation design, implementation, and administration and other compensation-related issues. Provide consultation on compensation policy, practices, and compliance and represent Stanford compensation practices to external organizations. Advise HR Leaders and line managers on a range of complex matters related to the university's compensation policies, processes, and practices. Solves unique and complex problems that have a broad impact across multiple schools or units. Provide guidance and mentorship to associate compensation analysts and compensation analysts and serve as a team lead on university-wide compensation initiatives. Has specialized depth or breadth of experience in compensation and HR. CORE DUTIES*: Provide guidance and mentorship to associate compensation analysts and compensation analysts. Serve as a team lead on university-wide compensation initiative. Serve as a demonstrated or known subject matter expert regarding compensation design, implementation, and optimization. Lead large-scale compensation projects university-wide or multiple schools or VP units. Oversight the balance and prioritization of client workload. Manage a compensation process or practice, such as salary planning, through its full life cycle. Perform advanced analyses to support the design, implementation, and administration of the compensation function. Build complex financial models to support detailed analysis and decision-making in compensation strategy, methodology, and actions. Design/re-design and develop optimal compensation components for the university and/or school/unit in response to findings. Serve as an advisory resource regarding compensation implementation and administration for university human resources and line managers. MINIMUM REQUIREMENTS: Education & Experience: Bachelor's degree and ten or more years of relevant experience, or a combination of education and relevant experience. Knowledge, Skills, and Abilities: Is recognized as an expert and advisor in compensation across the university and/or within an assigned school/unit. Has specialized depth or breadth of experience in compensation and HR. Interprets internal and external issues and recommends new solutions and best practices. Anticipates business challenges and develops process, product, and service improvements. Solves unique and complex problems that have a broad impact on the business; takes a broad perspective to identify solutions; especially with implications on cross-functional business processes and disciplines. May be the leader on projects with broad visibility to achieve milestones and objectives. Works independently, with guidance in only the most complex situations. Strong, fundamental computer skills in word processing, spreadsheet, and presentation platforms. Exceptional communication (verbal and written), consultation, facilitation, and presentation skills for conveying information, programs, and solutions to peers, managers, and leaders, as well as influencing others regarding recommendations and decisions. Exceptional analytical, critical thinking, and computational/statistical skills. Strong understanding and experience in interpreting and applying federal and California state wage and hour regulations. Certifications and Licenses: CCP or equivalent compensation experience

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