Senior Compensation Analyst

Rochester Institute Of Technology - Rochester, NY

Full-time - Mid Level

Rochester, NY

Educational Services

About the position

The Senior Compensation Analyst plays a crucial role in the planning, development, and administration of compensation policies and programs at the university. This position evaluates existing compensation practices and makes recommendations for improvements, ensuring alignment with best practices and regulatory requirements. The analyst provides expert guidance and support to HR Business Partners and university leaders, ensuring consistent application of compensation policies. Additionally, the role involves leading compensation projects, conducting market studies, and ensuring compliance with compensation regulations.

Responsibilities

• Provides counsel to HRBPs in the implementation of compensation programs, policies, and procedures.
• Consults and advises university leaders on compensation rules, job evaluations, and market studies.
• Leads compensation projects and serves on campus-wide committees regarding compensation matters.
• Recommends and reviews proposed salary offers and adjustments for internal equity.
• Leads key components of the annual salary program, ensuring data integrity and timely communication.
• Analyzes job evaluation requests to determine FLSA classification and wage bands.
• Conducts research and analysis for market and job studies, presenting recommendations to university leaders.
• Ensures compliance with local, state, and federal compensation regulations.
• Leads efforts to ensure accuracy of compensation data and recommends ERP system enhancements.
• Designs and delivers compensation training programs.

Requirements

• Bachelor's degree in a related field.
• 3 years of experience in compensation and data analysis.
• Experience with job architectures is strongly preferred.
• Extensive knowledge of compensation techniques, practices, and regulatory requirements.
• Superior analytical skills, including complex data analysis and reporting.
• Demonstrated ability to lead and manage complex projects.
• Ability to influence others and support recommended actions.
• Advanced skills in data analysis and decision-making using data.
• Proficiency in Excel, including pivot tables and vlookup functions.
• Ability to visualize data and convey trends effectively.
• Excellent interpersonal and communication skills.

Nice-to-haves

• Experience with analytical visualization tools such as Tableau and Power BI.

Benefits

• Affordable medical, dental, and vision benefits.
• Paid vacation and sick time.
• Retirement savings plan with exceptional employer match.
• Tuition assistance for employees and their families.