Senior Compensation Analyst

University of Pennsylvania

1d • Onsite

About The Position

The Senior Compensation Analyst researches and analyzes data to provide clients with salary offer and adjustment recommendations based on market and internal peer data that support recruitment and retention. This role involves evaluating job descriptions to determine appropriate classification, job level, and job profile. The analyst provides advice and guidance to clients regarding salary management and compliance issues, interprets compensation policies, and monitors pay practices to ensure compliance with applicable laws, regulations, and policies. They complete salary surveys and support the annual merit increase program and special projects. The Senior Compensation Analyst also takes a lead role in special projects including compensation initiatives, market studies, development of training modules, maintenance of job architecture, salary structures, compensation software, submission of required state reporting, and dual employment reporting. Additionally, they support the Executive Director and Director with report writing to senior leadership, executive compensation, communications, and the development of staff level team members.

Requirements

• Bachelor’s Degree
• At least 5 years of compensation experience, or equivalent combination of education and experience.
• Excellent quantitative and analytic skills.
• Demonstrated customer service and negotiation skills.
• Familiarity of compensation laws and regulations.
• Strong computer skills, particularly Microsoft Excel.
• Desire to learn and develop as a compensation professional.
• Ability to work quickly and efficiently in a flexible, often ambiguous environment.

Nice To Haves

• Experience with Workday or PayFactors.
• CCP, PHR, SHRM-CP or SHRM-SCP certification.

Responsibilities

• Analyze and provide staff salary offer/adjustment recommendations to clients that support recruitment and retention and that are based on market data and internal peer data.
• Evaluate and analyze job descriptions to determine the appropriate classification, job level, and job profile based on University's compensation system and FLSA.
• Provide advice/guidance to clients regarding individual, department or school-wide salary management and compliance issues such as FLSA, pay equity and legally defensible pay practices.
• Interpret compensation policies; monitor pay practices to ensure compliance with applicable laws, regulations, and policies.
• Review and ensure appropriateness of compensation events in the Workday inbox.
• Respond to compensation related tickets from Solution Center.
• Complete salary surveys and ensure submission of accurate data on a timely basis.
• Support the annual merit increase program.
• Assist with special projects including but not limited to research, compile and analyze data - producing visuals to support reporting to senior leadership, FLSA updates, compliance with state minimum wage and salary threshold, compensation software, compensation programs, job architecture, salary structures, and training presentations.
• Partner with Staff and Labor regarding restructures and support for contract negotiations (as needed).
• May write/edit position descriptions.
• Take a lead role in special projects including but not limited to compensation initiatives, market studies, development of training modules, maintenance of job architecture and salary structures, submission of required state reporting, dual employment reporting.
• Support the Executive Director and Director with report writing to senior leadership, executive compensation, and developing staff level team members.

Benefits

• Comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits.
• Flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
• Tuition assistance for employees, spouses, and dependent children at Penn and for dependent children at other institutions.
• Generous retirement plans (Basic, Matching, and Supplemental) with pre-tax or Roth basis options through TIAA and Vanguard.
• Substantial amount of time away from work (vacations, personal affairs, illness, family time).
• Long-term care insurance (in partnership with Genworth Financial) for faculty and staff and eligible family members.
• Wide variety of programs and resources to help balance work and personal life (Wellness and Work-life Resources).
• Array of resources for professional and personal development.
• Access to University resources (libraries, athletic facilities, arboretum, art galleries) and cultural/recreational activities (Penn Museum, Annenberg Center, Penn Relays).
• Discounts and special services (arts, entertainment, transportation, mortgages, new cars, cellular phone service, movie tickets, theme parks).
• Flexible work options (non-traditional work hours, locations, and/or job structures).
• Forgivable loan for eligible employees buying a home or residing in West Philadelphia (Penn Home Ownership Services).
• Reimbursement for qualified expenses in connection with legal adoption of an eligible child (Adoption Assistance).

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 11-50 employees