COMPENSATION ANALYST

$71,171 - $93,190/Yr

Worcester Public Library - Worcester, MA

Full-time - Mid Level

Worcester, MA

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About the position

The City of Worcester is seeking a Compensation Analyst to support the Human Resources management team in developing and maintaining salary structures for both union and non-union compensation plans. This role involves coordinating the implementation of collective bargaining agreements, conducting market analysis, and ensuring compliance with compensation-related laws and regulations. The Compensation Analyst will also be responsible for maintaining the City's Salary Ordinance book and making salary recommendations to ensure competitive compensation practices.

Responsibilities

• Conduct internal and external market analysis to determine competitive compensation trends.
• Ensure compliance with all federal, state, and local laws and regulations related to compensation.
• Research, create and submit regulatory data submissions to ensure compliance.
• Conduct data and cost analysis for employee and collective bargaining agreement negotiations.
• Review retroactive calculations for cost-of-living increases and market wage adjustments.
• Draft salary ordinance amendments and update the City's Salary Ordinance book.
• Establish pay grades and develop wage and salary schedules.
• Update and maintain the collective bargaining briefing book.
• Review and make recommendations for position classifications and conduct salary surveys.
• Perform salary survey submissions and analysis of survey results.
• Analyze new positions and reclassification requests for job classification and compensation value.
• Support the development and maintenance of compensation policies and procedures.
• Prepare and present reports on compensation data and trends to HR management.
• Collaborate with the Hiring Division and HR business partners on compensation-related issues.
• Provide guidance and training to HR and management on compensation matters.
• Research employee benefits and recommend changes or updates to current plans or policies.
• Participate in special projects as needed.

Requirements

• Bachelor's Degree in Finance, Human Resources, Public Administration, Accounting, Mathematics, Business, or related discipline.
• Three (3) years of experience developing and maintaining salary structures, or an equivalent combination of education and five (5) years of experience.
• Proficient with Microsoft Office Suite, including Pivot Tables, and XLOOKUP and/or VLOOKUP.
• Excellent communication skills.
• Experience with data visualization and analytical tools.

Nice-to-haves

• Master's degree in Finance, Human Resources, Public Administration, Data Analytics, Accounting, Mathematics, Business, or related discipline.
• Three (3) years of experience analyzing and interpreting large quantities of data.
• Three (3) years of experience in performing data reporting/analytics.
• One (1) year of experience working in a Human Resources office setting.
• One (1) year of experience in business, financial, and/or economics information management.
• Prior experience working with Workday.

Benefits

• Excellent benefits package.