Compensation Analyst

General Responsibilities:

The Compensation Analyst is a vital member of the Human Resources Compensation team, responsible for supporting the development and maintenance of our institution's compensation programs. This role involves conducting market research, performing data analysis, and assisting with the implementation of compensation strategies to attract, retain, and motivate top talent. The ideal candidate will have a foundational understanding of compensation practices, market trends, salary survey methodologies, and related technologies. Success in this role requires effective collaboration with staff, faculty, leadership, and team members.

Key Duties & Responsibilities:

· Support Compensation Programs: Assist in the design, implementation, and maintenance of comprehensive compensation programs that align with institutional goals and market standards.

· Market and Equity Analysis: Conduct market analysis and internal equity reviews to ensure competitive and fair compensation practices.

· Salary Surveys: Participate in salary surveys using market pricing systems to maintain current market data for informed compensation decisions.

· Job Description Review: Collaborate with academic and administrative departments to review and evaluate job descriptions, ensuring alignment with job structures and responsibilities.

· Compensation Trends and Compliance: Stay updated on compensation trends, regulatory changes, and best practices to recommend continuous improvements.

· Data Analysis and Reporting: Use HRIS and other information systems to analyze large data sets, leveraging tools such as pivot tables to identify trends, gain insights, and develop reports and charts.

· Collaboration: Work closely with staff, faculty, leadership, and team members to support effective compensation strategies.

· Special Projects: Assist with special projects and analyses as requested to support the organization’s compensation goals.

· Additional Duties: Perform other related duties as assigned to support the team and organization.

Salary Range: $53,900 - $64,900

Minimum Requirements:

Bachelor’s degree in human resources, Business Administration, Finance, Information Technology, or a related field. At least one (1) year of relevant experience in compensation or a related area. Work experience cannot be substituted for the educational requirement.

Preferred Skills and Competencies:

· Strong analytical and data interpretation skills.

· Proficiency in spreadsheet software and data analysis tools.

· Excellent communication and interpersonal skills.

· Ability to work effectively in a team-oriented environment.

· Knowledge of compensation principles and labor market trends.

· Familiarity with HR processes and compliance requirements.

"UAB is an Equal Opportunity/Affirmative Action Employer committed to fostering a diverse, equitable, and family-friendly environment in which all faculty and staff can excel and achieve work/life balance irrespective of race, national origin, age, genetic or family medical history, gender, faith, gender identity and expression as well as sexual orientation. UAB also encourages applications from individuals with disabilities and veterans."