Compensation Analyst

Rochester Institute of Technology
Rochester, NY Full Time
POSTED ON 4/16/2024
Compensation Analyst
6866BR
Finance & Administration
Human Resources

Detailed Job Description
Position Summary:
Provides guidance, coordination, training and support to Human Resource Managers (HRMs) and university leaders in the consistent application of compensation administration policies and procedures.
Facilitates implementation of university compensation programs and initiatives, including the annual salary adjustment process.
Conducts research, analyzes data and prepares recommendations requiring a broad understanding of compensation principles, methods and practices. Interacts and advises on sensitive issues with staff and faculty at all levels of the university.
Utilizes expertise in job analysis and job evaluation and knowledge of the organization structure to determine wage grade assignment for staff positions at all levels. Submits data to compensation surveys; performs analysis and reporting on survey results.
Reports to the Director of Compensation.

Major Responsibilities:
  • Provides counsel to HRMs as needed in the day-to-day implementation of compensation programs, policies and procedures. Reviews proposed salary adjustments for conformance to established guidelines, policy and practices; recommends corrective or alternative actions to resolve problems; provides counsel for employment offers.
  • Partners with HRMs to analyze and review job evaluation and re-evaluation requests; leads job evaluation process and applies consistent methodology; maintains job evaluation documentation.
  • Submits data to compensation surveys, performs analysis and reporting on survey results; researches and analyzes competitive compensation practices in higher ed.
  • Assists in the planning, coordination, facilitation, administration and reporting of the annual salary review and market adjustment programs for faculty and staff.
  • Maintains and updates compensation data; consults with HRIS analysts regarding data integrity and makes recommendations for system enhancements.
  • Participates in the design and delivery of compensation presentations and training programs.
  • OTHER DUTIES AS ASSIGNED

Department/College Description

Required Minimum Qualifications
Bachelors degree
Two to three years of analyst experience including complex data analysis, manipulation and reporting.

SPECIALIZED SKILLS
  • Ability to plan, coordinate and administer complex administrative systems and processes
  • Ability to make administrative and procedural decisions and judgments on sensitive, confidential issues
  • Ability to convince others to support a recommended course of action
  • Knowledge of compensation administration principles and procedures
  • Advanced skill level in Excel
  • Ability to work effectively in a team environment
  • Strong interpersonal and communications skills and the ability to work with a wide range of constituencies in a diverse community
  • Ability to communicate effectively both verbally and in writing
  • Knowledge of job analysis and job evaluation principles, methods and procedures
  • Knowledge of federal and state wage and salary laws and regulations
Preferred:
BS in Human Resources preferred; CCP certification
Minimum of two years compensation experience



Preferred Qualifications

Professional Area:
Employment Category: Fulltime
Staff Job Function: Wage Band: 118A

Required Application Documents

How to Apply
In order to be considered for this position, you must apply for it at: http://careers.rit.edu/staff. Click the link for search openings and in the keyword search field, enter the title of the position or the BR number.

The direct link to this posting can be found here: https://sjobs.brassring.com/

Additional Details

Rochester Institute of Technology, the 10th largest private university in the U.S., is among the worlds leading technological universities. Its 18,000 undergraduate and graduate students from all 50 states and more than 100 countries are enrolled in over 200 academic programs, including 7 interdisciplinary Ph.D. programs. A pioneer in experiential education, RIT was the first to offer undergraduate degree programs in biotechnology, information technology, software engineering, and microelectronic engineering. As home to the National Technical Institute for the Deaf, the university offers unparalleled academic opportunities and services for the deaf and hard-of-hearing. Founded in 1829, RIT has 115,000 alumni throughout the United States and around the world. RIT has been named by the Chronicle of Higher Education as one of the "Great Colleges to Work For." RIT is a National Science Foundation ADVANCE Institutional Transformation site, and is responsive to the needs of dual-career couples through the Upstate NY Higher Education Recruitment Consortium. For more information, visit www.rit.edu/overview/rankings-and-recognition and www.rit.edu.

As a member of the RIT community employees receive a well-balanced benefits package that offers a variety of choices and access to additional employment advantages. These benefits, combined with an employees pay, provide a total compensation package that can be tailored to meet your needs. More on RITs Benefits, Health & Wellness program can be found at: https://www.rit.edu/fa/humanresources/content/benefits-health-and-wellness

RIT does not discriminate. RIT is an equal opportunity employer that promotes and values diversity, pluralism, and inclusion. For more information or inquiries, please visit RIT/TitleIX or the U.S. Department of Education at ED.Govjeid-1af34ce10f794b4e8db3cfe18b42b6b6

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