Compensation Analyst: Market Pricing & Pay Programs

The University of Texas Medical Branch; Galveston (TX); On-site; USD 70,000 - 95,000; Full time

Job summary

The University of Texas Medical Branch in Galveston, TX seeks a compensation professional to provide specialized guidance and support for compensation operations. You will communicate and guide on compensation services, initiatives, and programs to HR consultants and customers, and participate in managing daily compensation activities including policy development and implementation.

The role involves evaluating jobs using point factor and market pricing, ensuring internal equity and external

Qualifications

• Bachelor's degree or equivalent in a related field and 3 years of compensation or HR experience.
• Experience with compensation processes, policies, and programs.

Responsibilities

• 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 annual review of pay practices and external market data trends and development of compensation recommendations.
• Participates in salary surveys and supports Comp Analyst market pricing tool.
• Assists in development and implementation of compensation programs.
• Coordinates special projects and leads in identifying and resolving compensation issues.
• Adheres to internal controls and reporting structure.
• Performs related duties as required.

Skills

Analytical skills

Communication

Multitasking

Teamwork

Education

Bachelor's degree or equivalent

Tools

PeopleSoft Core HR

PeopleSoft Query

PeopleSoft ePerformance

Job description

The University of Texas Medical Branch in Galveston, TX seeks a compensation professional to provide specialized guidance and support for compensation operations. You will communicate and guide on compensation services, initiatives, and programs to HR consultants and customers, and participate in managing daily compensation activities including policy development and implementation.

The role involves evaluating jobs using point factor and market pricing, ensuring internal equity and external