Compensation Analyst - HR Compensation

Utmb; Galveston (TX); On-site; USD 70,000 - 110,000; Full time

Job summary

UTMB Health seeks a Compensation Analyst to provide specialized guidance and support for compensation operations within the HR team. You will communicate compensation services, initiatives, and programs to HR consultants and customers, and participate in daily compensation activities including policy development and administration.

The candidate should have a bachelor’s degree in a related field with 3 years of compensation/HR experience, with preferred healthcare or executive compensation

Qualifications

• Bachelor’s degree or equivalent in a related field; 3 years in Compensation or HR experience.
• Healthcare and/or executive compensation experience preferred.
• Experience with PeopleSoft 9.1 Core HR, Query, and ePerformance is preferred.

Responsibilities

• Evaluates jobs using Point Factor and Market Pricing methodology.
• Analyzes job descriptions for FLSA exemption status and internal equity.
• Reviews salary ranges and maintains evaluation records.
• Prepares cost analyses for pay adjustments or programs.
• Administers merit and short-term incentive programs.
• Advises department consultants on compensation initiatives.
• Participates in annual pay practices reviews and market data analysis.
• Supports and maintains Comp Analyst market pricing tool.
• Assists in development and implementation of compensation programs.
• Coordinates special projects and addresses compensation issues.

Skills

Analytical problem-solving

Strong communication

Project management

Teamwork

Professionalism

Business insight

Education

Bachelor’s degree or equivalent in related field

Tools

PeopleSoft 9.1 Core HR

PeopleSoft 9.1 Query

PeopleSoft 9.1 ePerformance

Job description

Bachelor’s degree or equivalent in a related field, and 3 years of Compensation or Human Resources experience.

Preferred Qualifications:

• Healthcare and/or executive compensation experience.
• Expert functional user experience in one of the following PeopleSoft 9.1. Components Desired: Core HR, Query, and ePerformance.

Job Summary: Provides specialized guidance and support of compensation-related operations. Communicates and provides guidance on compensation services, initiatives, and programs to HR consultants and customers. Participates in the management of daily compensation activities, including the development, implementation, and administration of compensation policies, programs, and practices.

Job Duties:

• Evaluates Classified and A&P jobs using Point Factor and Market Pricing methodology.
• Analyzes job descriptions for FLSA exemption status, internal equity, and external competitiveness against salary survey data.
• Reviews salary ranges and maintains records on the validity of the evaluations.
• Prepares cost analysis associated with pay adjustments or pay program initiatives.
• Administers merit and short-term incentive programs.
• Provides advice and guidance to department consultants regarding compensation initiatives.
• Participates in the annual review of pay practices and trends of external market data and participates in the development of compensation recommendations in response to market changes.
• Participates in salary surveys and supports and maintains Comp Analyst market pricing tool.
• Assists in the development and implementation of compensation programs.
• Coordinates special projects and provides leadership in identifying and resolving compensation, issues.
• Adheres to internal controls and reporting structure.
• Performs related duties as required.

Knowledge/Abilities/Skills

• Knowledge of relevant laws/statutes impacting employee compensation.
• Analytical and problem-solving skills.
• Strong communication skills, both oral and written.
• Understanding of the customer’s business and current issues.
• Ability to manage multiple projects and prioritize work.
• Professionalism.
• Teamwork.

Salary Range:

Actual salary commensurate with experience.

Work Schedule:

The individual must be readily available to travel to attend meetings and other work-related in-person activities as needed. Monday through Friday, 8am to 5pm, and also as needed on occasion.

UTMB Health strives to provide equal opportunity employment without regard to race, color, religion, age, national origin, sex, gender, sexual orientation, gender identity/expression, genetic information, disability, veteran status, or any other basis protected by institutional policy or by federal, state or local laws unless such distinction is required by law. As a Federal Contractor, UTMB Health takes affirmative action to hire and advance protected veterans and individuals with disabilities.