Compensation Analyst

Vanderbilt UniversityNashville, TN
84d

About The Position

The Compensation Analyst is responsible for supporting the design, analysis, and administration of compensation programs that align with organizational objectives and market trends. This role collaborates with HR and department leaders to ensure competitive, equitable, and compliant compensation practices across the organization for staff.

Requirements

  • Bachelor's degree in Human Resources, Business Administration, or a related field.
  • At least three years of professional experience in compensation, data analysis, or a related HR function.
  • Proficiency with Microsoft Excel, including pivot tables and VLOOKUPs, is strongly preferred.
  • Strong analytical and problem-solving skills with attention to detail.
  • Excellent verbal and written communication skills.
  • Ability to handle sensitive information with discretion and professionalism.

Nice To Haves

  • Certification in Human Resources (e.g., PHR, SPHR) or Compensation (e.g., CCP) preferred.
  • Experience with compensation systems (e.g., PayFactors, Oracle HCM) and survey participation is a plus.

Responsibilities

  • Build and maintain strong relationships with PCB Campus Partners and Engagement Consultants to address compensation-related inquiries promptly, efficiently, and consistently.
  • Develop and deliver clear and concise communications to customers that provide the appropriate context and level of details necessary to support and explain compensation recommendations.
  • Conduct thorough job analyses to classify positions based on job content consistent with our job architecture design principles while maintaining and/or enhancing internal equity.
  • Develop and utilize consistent hiring ranges for like positions balancing current market value with internal equity.
  • Provide guidance on needed updates for existing or new roles.
  • Administer and monitor compensation programs to ensure alignment with organizational goals and compliance with local, state, and federal laws.
  • Support policy and guideline interpretation for pay decisions and job evaluations.
  • Collaborate on the creation, documentation, and maintenance of compensation resources, including standard operating procedures (SOPs).
  • Prepare and analyze compensation data, ensuring accuracy and clarity in reporting.
  • Partner with internal analytics teams to deliver reports that support compensation projects and decision-making.
  • Participate in salary surveys to benchmark roles against the external market.
  • Analyze survey results and recommend adjustments to ensure competitive compensation practices.
  • Review and audit staff reports to ensure adherence to regulations and organizational policies.
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