Compensation Analyst

Job Summary

The Compensation Analyst is responsible for supporting, administration and maintenance of various compensation-related data management systems, programs and processes. Analyst will coordinate and facilitate the implementation of UT Health SA compensation philosophy, programs and initiatives.  Conducts research and analysis in different areas involving compensation, including but not limited to benchmarking jobs to determine base pay within job level, compensation statistics, job valuation and analyses, maintaining data to ensure market pricing is current, FLSA analysis, and participate in market surveys.

Responsibilities 

• Conduct research and analysis in evaluation of job reclassification requests and new job description requests; including preparing market pricing recommendations within job level, reviewing internal equity, and recommending salary range and FLSA classification.
• Provides compensation expertise and counsel to departmental Strategic HR Partners with respect to all compensation matters including salary administration, retention strategies, and policies and procedures.
• Applies analytical skill and statistical data in decision-making to support workforce planning utilizing costing models or cost-impact analysis.
• Support pay plan structures, job classifications, and development of job descriptions to support pay related decisions for new hires, promotions, market adjustments and internal equity adjustments.
• Design and adjust salary structures within job level guidelines.
• Participates in salary surveys and provides requested data as well as upload completed surveys into analysis database.

Education 

• Bachelor's degree in Business, Human Resources, or related field.
• CCP certification is preferred.

Experience 

• At least three (3) years of direct experience in compensation administration