Compensation Analyst - Philadelphia, United States - University of Pennsylvania

University of Pennsylvania

Verified Company

Philadelphia, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey.

Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning.

As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Large Employers in 2023.

Penn offers a unique working environment within the city of Philadelphia.

The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities.

With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

Posted Job Title

Compensation Analyst

Job Profile Title

Compensation Specialist

Job Description Summary

Support staff compensation working in the Division of Human Resources - core Compensation.

Research and analyze data to provide clients with salary offer/adjustment recommendations based on market data and internal equity that support recruitment and retention.

Evaluate job descriptions to determine/recommend appropriate classification and job profile. Provide advice/guidance to clients regarding salary management and compliance issues. Interpret compensation policies; monitor pay practices to ensure compliance with applicable laws, regulations, and policies. Complete salary surveys. Support annual merit increase program and special projects.

Job Description:

We are focused on growing and developing our fabulous compensation team members in addition to offering the opportunity to pursue CCP certification.

Specific responsibilities include:

Analyze and provide salary offer/adjustment recommendations to clients, management and Business Administrators that support recruitment and retention and that are based on market data and internal equity.
Evaluate and analyze job descriptions to determine the appropriate classification and job profile based on University's compensation system and FLSA.
Provide advice/guidance to clients, management and Business Administrators regarding individual, department or schoolwide 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 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 job architecture, salary structure, FLSA updates, state minimum wage and salary threshold, compensation software, and compensation programs.
Other additional duties as assigned.

Qualifications:

Bachelor's Degree and at least 3 years of human resources experience of which 1 year of fulltime compensation experience is required, 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.
Experience with Workday is a plus.
CCP, PHR, SHRM-CP or SHRM-SCP preferred.

Job Location - City, State

Philadelphia, Pennsylvania

Hybrid Eligible - This position is eligible for a hybrid work schedule with a work week divided between working onsite and working remotely.

Department / School

Human Resources

Pay Range

$51, $82,000.00 Annual Rate

Affirmative Action Statement

Penn adheres to a policy that prohibits discrimination on the basis of race, color, sex, sexual orientation, gender identity, religion, creed, national or ethnic origin, citizenship status, age, disability, veteran status, or any other legally protected class.

Special Requirements

Background check required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits- Health, Life,