Compensation Analyst
University of AlabamaQualifications
Bachelor's degree in Human Resources, Business, Finance or a related field and one (1) year of related experience required. Work experience may NOT substitute for education requirement.
Knowledge / Skills / Abilities
Ability to multi-task
Ability to operate various office machines including printers, computers and various software packages
Ability to problem-solve
Analytical skills
Knowledge of Microsoft Office products
Organizational skills
Presentation skills
Prioritization skills
Process improvement and quality skills
Written and verbal communication skills
Position Overview
Pay range\: $52,555 - $85,400 / year
Benefits and perks available for eligible positions include\: robust educational assistance programs, generous paid time off, employee assistance and wellness programs, paid parental leave, qualifying employer for the Public Service Loan Forgiveness (PSLF) Program, plus more.
Job Description
To work in a team environment and develop subject matter expertise in the areas of labor market research, total compensation, compensation structures, job classification, compensation information technology and/or Department of Labor (DOL) compliance. To become a strategic and collaborative partner with assigned clients in the functional areas of academics, research, medicine and/or support services.
Key Duties & Responsibilities
1. | Provides guidance to assigned clients on pay decisions, policy interpretation, job evaluation processes and job description development. | |
2. | Participates in and gathers data from general job market-based compensation surveys. | |
3. | Uses spreadsheet and data analysis techniques to assist in decision cost estimates, creating decision scenarios, reviewing job and employee equity and depicting job market trends. | |
4. | Assists assigned clients in developing compensation and reward strategies that attract and retain talent. | |
5. | Performs general salary reviews based on market-specific benchmarking to ensure internal and market competitiveness. | |
6. | Manages the administration of HR processes, actions and procedures for assigned clients and compensation projects and/or initiatives. | |
7. | Assists with special projects and analyses as requested. | |
8. | Performs other duties as assigned. |