Compensation Analyst, Office of Human Resources (1032)

Idaho State University

108d • $65,000 - $70,000

About The Position

The Compensation Analyst plays an important role within Idaho State University's Human Resources department, with a primary focus on delivering analytical support and comprehensive reporting to guide the strategic development, effective implementation, and continuous improvement of all compensation programs and policies. This position is instrumental in managing compensation to enhance the university’s employee recruitment and retention strategy by leveraging in-depth data analysis to ensure equitable, competitive, and compliant pay practices.

Requirements

• Bachelor's degree in related area
• Minimum of three years of related experience in data analysis, and report preparation to guide leadership decision making
• Effective written and verbal communication skills to convey findings and recommendations clearly and concisely
• Ability to exercise judgment and discretion in establishing, applying, and interpreting federal, state, and university policies and procedures
• Ability to effectively and efficiently utilize Microsoft Office tools to include Excel and Word as needed to create spreadsheets and/or other electronic media to support/illustrate research and recommendations
• Ability to use initiative to include creatively identifying both traditional and non-traditional methods of problem solving in the completion of work tasks in the most effective and efficient manner.

Nice To Haves

• Experience working in a Higher Education setting.
• Experience with Banner or a similar ERP system
• Master’s Degree in Human Resources, Business Administration, Public Administration, or a related field

Responsibilities

• Conduct salary survey development, distribution, and analysis; complete external salary survey requests; analyzes and compares salary data from a variety of state and institutional sources and makes appropriate recommendations.
• Use spreadsheet and data analysis techniques to assess results and market trends. Perform complex data analysis, generate reports, and respond to information requests.
• Update and maintain internal salary schedules by bench-marking jobs against survey data to determine competitive compensation ranges for each position, and coordinate with HR leadership to develop and maintain job classifications and salary scales in line with applicable laws and regulations.
• Provide key analysis support to the Chief Human Resources Officer in collaboration with the Budget Office, and university leadership to refine annual Change in Employee Compensation (CEC) plan proposal and facilitate CEC implementation.
• Prepare costing scenarios for leadership decision-making and advise on preferred methods and best practices for various compensation programs, including across-the-board increases, merit, pay-for-performance, and incentive-based programs.
• Manage compensation approvals for personnel actions, acting as a key contact for hiring managers within the Talent Acquisition team regarding compensation recommendations; review position descriptions and analyze both market data and internal information to recommend consistent, equitable, and competitive salary ranges.
• Collect and utilize market pay data using surveys, queries, databases, spreadsheets, etc., for various positions/areas facing a strong demand to maintain competitive pay levels.
• Perform regular and ad-hoc compliance checks. Partner with the HR Information Systems team to ensure seamless processes, accuracy, and data integrity of HR information.
• Provide the development of data and analyses for decision support, process improvement and training for university-wide projects and initiatives.
• Prepare market and data analysis for job families and individual positions for the purpose of developing compensation options for leadership decision-making.
• Assist with review of pay equity claims and employee relations needs related to compensation.
• Assess position descriptions to determine classification as exempt or nonexempt and appropriate salary range.
• Communicate with hiring managers and employees regarding compensation and total rewards processes.

Benefits

• Comprehensive health, dental, and vision
• Life insurance
• Disability plan
• Employee assistance program (EAP)
• Excellent retirement options and company contribution
• Generous paid time off/sick leave accrual

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: Bachelor's degree