Senior Compensation Analyst

The University of Oklahoma • Oklahoma City, OK

1d

About The Position

Responsible for staff support activities to develop, implement, and administer compensation policies and programs. Audits job content and prepares job descriptions. Recommends company salary structure movements, salary increase budgets, and FLSA exemptions. Ensures company compliance with federal and state laws governing compensation practices. This includes providing guidance and makes recommendations on base salary levels, position hiring ranges, supplemental payments, and appropriate grade assignments. Advises on job titles and codes, and supports temporary staffing decisions by recommending appropriate titles and salary options

Requirements

• Bachelor's Degree in Business Administration or related field, AND: 5 years experience in compensation, human resources, or relevant experience
• Equivalency/Substitution: Experience or a combination of education & related experience can be considered in lieu of degree. A one-to-one ratio is used to determine the number of years of experience required in place of a degree
• Highly organized and ability to handle multiple projects and deadlines
• Advanced knowledge of Fair Labor Standards Act regulations
• Strong customer service orientation
• Ability to read and interpret policy
• Ability to perform data analysis
• Composition and proofreading skills
• Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint)

Responsibilities

• Develops and maintains job descriptions and determine FLSA exemption status including analyzing new positions and reclassification requests to appropriately determine job classification
• Conducts and participates in compensation activities including surveys, market reviews studies for external benchmarking, pay equity analysis, job evaluations, job analysis and audits
• Researches and compiles data and presents findings to the appropriate audience
• Creates and maintains standard compensation reports, ad hoc reports and queries.
• Provides recommendations regarding base salary levels, position hiring ranges, supplemental payments and appropriate grade assignment in accordance with established campus structure and guidelines
• Reviews proposed salary adjustments for conformance to established guidelines and recommends corrective or alternative actions to resolve compensation-related problems.
• Ensures compliance with relevant laws and regulations
• Maintains PeopleSoft Foundation Tables including, new titles, job codes, salary plans and position description updates.
• Attends meetings as required and participates in committees as directed
• Collaborates with the Compensation Director, designated HR Business Partners, Talent Acquisition, and management leaders for assigned line of business to provide compensation support services
• Reviews transactions to ensure alignment with company policies, guidelines, internal and external competitiveness, and to ensure compliance with applicable legal and fiscal regulations
• Supports development and communication of compensation policies, processes, and programs
• Advises and interprets university policies and procedures, Federal and State laws and advises on compliance regarding a variety of compensation issues.
• Supports the annual Personnel Review Cycle (PRC), including process coordination, system integration, timeline management, testing of system functionality, and facilitation of training sessions
• Performs various duties as needed to successfully fulfill the function of the position

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level