Senior Compensation Analyst (remote or hybrid)

Loyola University Maryland
February 19, 2023
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Offerd Salary:Negotiation
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Contract Type:Other
Working Time:Full time
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Posting Details

Posting Details

Position Title Senior Compensation Analyst (remote or hybrid)

Job Category Administrator Office/Department Human Resources Work Environment Location York Rd Staff Job Type Full-time If Temporary or Visiting, Estimated End Date: Position Summary and Duties

Under director of the director compensation and HR operations, provide specialized technical expertise and compensation support for staff and administrator compensation programs. Participate in compensation plan design and implement updated compensation strategies.

Job study and Compensation Analyses: Conduct job studies, within standard timelines; analyzing responsibilities, required skills and knowledge and abilities. Position jobs appropriately within the compensation structure based on external competitiveness and internal comparisons across the University for a holistic view. Provide mentorship and leadership support to the compensation and HR operations analyst for a team approach to meet the needs of the staff and administrator compensation functional area; this includes job and compensation analyses, compression analyses, implementing university compensation plans and local, state, and federal wage requirement updates, and special projects. Approve job studies conducted by the compensation/HR operations analyst and escalating unusual situations to the director. Develop, manage and adhere to University titling criteria, escalating unusual situations to the director. Collaborate with University and HR colleagues, ensuring we have accurate job documentation and equity of position placement within the ranges.

Project Management:

Compile salary surveys and conduct demographic and equity studies. Lead projects on periodic external compensation studies, compensation system upgrades, and holistic job description review projects. Responsible for managing the job description inventory and appropriate position control and position budgeting. Create and maintain job families and career path opportunities. Lead salary compression projects and annual salary and job review projects. Manage and track bonus and stipend pay ensuring in line with policies and procedures. Implement new programs as they become available. Lead the merit pay cycle and collaborate with the director on compensation related communications as appropriate.

Compensation Systems, Policies, and Processes:

Examine systems, policies, and processes, and identify gaps, making recommendations and implementing enhancements to polices, program design, job and pay evaluation systems, and overall effective processes. Document updated procedures. Maintain compensation systems and interfaces as needed; generate reports, and participate in compensation system design, development, platform dashboards, testing. Compile complex data and summarize it for presentations for management to make decisions on project plans, including identifying potential cost impact when necessary.

Serve as a subject matter expert and mentor to the compensation analyst, HR colleagues, and the University community for compensation related actions and education on compensation programs. This person will lead compensation system training for the compensation analyst, HR Partners and other HR leaders. Provide education and training to end users on job description builders and develop and maintain self-service for job description builders and other supervisory system responsibilities.

Required Qualifications

Three to five years of in-depth experience in compensation program administration or similar HR role with in-depth compensation and system experience; including leading HR compensation projects and/or similar HR operations projects preferably in a higher education and/or health care environment.

Master's degree preferably in Human Resources Management, Business Administration, Organizational Development, Psychology, or a related field.

Preferred Qualifications

Certified Compensation Professional (CCP) certification preferred.

Job Posting Date 12/02/2022 Priority Application Deadline Date Job Close Date Anticipated Start Date University Description

Loyola University Maryland is a Jesuit, Catholic university committed to the educational and spiritual traditions of the Society of Jesus and to the ideals of liberal education and the development of the whole person. Accordingly, Loyola inspires students to learn, lead, and serve in a diverse and changing world. Loyola's beautiful, historic Evergreen campus is located in Baltimore, and its graduate centers are in Timonium and Columbia. Loyola enrolls 4,000 undergraduate and 2,000 graduate students across the Sellinger School of Business and Management, the School of Education, and Loyola College of Arts and Sciences. Founded in 1852, Loyola is one of 27 Jesuit colleges and universities in the United States and the first to bear the name of Saint Ignatius Loyola, founder of the Society of Jesus.

Diversity Statement

Loyola University Maryland strongly values the benefits that diversity brings to the workplace. In accord with its Ignatian values, the University is committed to creating and promoting a community that recognizes the inherent value and dignity of each person. Loyola University Maryland does not discriminate on the basis of race, sex, color, national or ethnic origin, age, religion, disability, marital status, sexual orientation, gender identity, genetic information, military status, or any other legally protected classification. The University recruits, hires, and promotes in accord with this policy and its Core Values.

Special Instructions to Applicants

Successful candidates for any staff, faculty, or administrative position at Loyola University Maryland will be subject to a pre-employment background check. Loyola University Maryland requires that all faculty, staff, and administrators receive COVID-19 vaccination, including the booster, unless exempted for medical or religious reasons in accordance with University policy.

Quicklink for Posting https: // careers.loyola.edu/postings/6517

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