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Compensation & Benefits Analyst

Apply now Job no: 494291
Work type: Regular
Location: Los Angeles
Categories: Human Resources

Title: Compensation & Benefits Analyst

Department:  Human Resources

Duration: Indefinite

 

Job Summary

Participates in a wide range of activities in the design, development and administration of base compensation, benefits and incentive pay policies, practices, programs and guidelines within a diverse, multi-business college environment. Coordinates annual salary budget processing and manage the collection of compensation and benefits data for leadership and/or college-wide reporting. Monitors competitive trends in compensation and benefits programming, and identifies the strategic position of various college businesses compared to other employers. Participates in projects related to applying best practice in compensation and benefits program design. Participates in the development of annual salary increase and adjustment programs, forecasting, analysis and reporting to senior management. Monitors, evaluates and manages internal and external equity in job placement and pay. Ensures programs and practices are in compliance with state and federal regulations.

 

Job Duties

  • 35% - Participates in the design, development and administration of base compensation, benefits and incentive pay policies, practices, programs and guidelines. Monitors competitive trends in compensation and identifies the strategic position of various University businesses compared to other employers. - (Essential)
  • 20% - Participates in the coordination of annual salary budget processing and manages the collection of data for college-wide reporting and notification to individual employees’ salary and hourly rate changes. Contributes to this annual process, coordinating the development of annual salary increase and adjustment programs, forecasting, analysis and reporting to HR leadership. - (Essential)
  • 10% - Participates in projects related to applying best practice in compensation program design. Identifies appropriate salary surveys to gather market information. - (Marginal)
  • 15% - Coordinates monitoring and audits of internal and external equity in job placement and pay. Ensures programs and practices are in compliance with state and federal regulations. Responds to required annual California Pay Transparency reporting and participates in annual higher education and ancillary industry annual salary surveying reducing the purchase cost of applicable surveys. - (Essential)
  • 20% - Assists in reviewing on-going effectiveness of compensation and benefit plans and programs to ensure they meet financial and philosophical objectives. Prepares recommendations and special studies on subjects such as incentive compensation, competitive benefits programming and similar complex programs. - (Marginal)

Minimum Qualifications

  • Bachelor’s degree in business administration, public administration, economics, human resources management, or other related fields.
  • Three to five years of job-related professional experience in human resources’ compensation, job classification and/or benefits work units.
  • Knowledge, skills and abilities should include all or a combination of the following activities: compensation program design and development; communication of pay policies, programs, and procedures; managing legal compliance; utilizing HRIS to query, analyze, and prepare reports on employee information. Demonstrated knowledge and understanding of the principles and practices of classification, compensation and benefits; their application and relationships to other human resources programs. Proficiency in Microsoft Excel, Powerpoint, Word, and Google related software programs. Ability to extract and manipulate data from HRIS. Ability to conduct thorough analysis; organize and communicate. Excellent written, verbal, electronic and presentation skills. Ability to work with individuals from diverse backgrounds and establish and maintain effective working relationships. Ability to read and interpret complex documents. Ability to apply principles of logical thinking to intellectual and practical problems. Familiarity with regulatory and statutory requirements. Ability to set priorities and to work comfortably in a fast-paced, deadline driven environment.

 

Preferred Qualifications

  • Knowledge of budgeting, accounting and finance in the higher education industry,

 

EXPECTED HIRING RANGE:  $68,000 - $83,000/yr

If you are offered this position at Occidental College, your final base salary compensation will be determined based on factors such as skills, education, experience, and/or geographic location. In addition to those factors, Occidental complies with applicable pay equity laws and considers internal equity among current employees when developing the final offer. Please keep in mind that the range mentioned above is the base salary range for the role. Hiring at the maximum of the range would not be typical in order to allow for future and continued salary growth.  We also offer a generous compensation and benefits package.

 

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