Senior Compensation & Benefits Analyst
Summary of the Position
This position partners with HR staff and department/divisional leadership to provide research, analysis, consultation and guidance on compensation and benefit policy and practice for Faculty and Staff and leads or assists with project work as needed.
Reports into the Director, Total Rewards.
Lead or assist with various compensation and benefits projects in support of the University by working independently to understand business problems, think creatively about possible solutions and develop recommendations.
Advise and consult with HR Business Partners and managers on compensation matters. Review proposals for new and revised positions to determine appropriate classification and salary grade assignment. Assist with job description updates. Maintain accurate, level-specific job descriptions in PeopleAdmin.
Partner with HR Business Partners and Recruiters to review/analyze positions, update job descriptions in keeping with Level Guide Chart criteria, and provide compensation data and recommendations for applicant recruitment ranges.
Based on knowledge of classification methodology and legal requirements such as FLSA, assist HR in advising managers on department or division re-organizations and restructurings. Perform analyses and provide reports/data as needed.
Administer a variety of compensation actions such as in-range progressions, external market adjustments, or bonuses to ensure equity and competitiveness.
Assist with the development and delivery of training to educate constituents regarding compensation-related concepts, procedures, policies and regulations.
Assist in the development of compensation policies, procedures, and educational materials.
Conduct and/or participate in a variety of compensation and benefits surveys (i.e. TSG, WMG, CUPA, Mercer, Aon Hewitt). Order and receive published survey results and update market analysis and any benefits benchmarking. Identify appropriate benchmarks for positions using an array of outside survey sources. Conduct job evaluation.
Develop compensation recommendations and propose to an audience that may include HR, management and up through VP level.
Utilize various databases, HRIS systems and computer software programs to maintain records, create and design reports and create supporting documentation, forms and materials as needed.
Contribute to the annual compensation review process including analyzing salary grade ranges and administering merit/bonus budgets.
Assist in the analysis of benefit plans related to eligibility and participation.
Design and implement reports to support ongoing benefits analytics, administration and compliance requirements.
Make recommendations to improve benefits administration and maximize efficiency.
Assist in communication of benefits as part of a Total Rewards program.
Serve as back-up to Benefits Specialist to assist with benefit administration and answer questions regarding eligibility, plan provisions and other matters.
Act as back-up to the HR Operations team for overseeing and trouble-shooting issues with benefit vendor integration file generated from the HRIS.
Minimum Qualifications(Education and Experience Requirements)
Bachelor's degree plus 5+ years of related experience. Strong analytical, quantitative, and creative problem solving skills. Effective communication skills. Advanced Excel skills. Highly detailed-oriented with the ability to think critically about data to help formulate appropriate and unique solutions. Knowledge of HR information systems; experience with Workday is preferable. Must be able to prioritize, manage multiple priorities and adapt to change. Experience in Higher Education a plus.
Normal office environment
Posting Detail Information
Open Until Filled
Special Instructions to Applicants
Bentley University requires reference checks and may conduct other pre-employment screening.
Required fields are indicated with an asterisk (*).
- * Do you possess a minimum of a Bachelor's degree?
- * Do you possess a minimum of 5 years of related experience?
Documents Needed To Apply
- Cover Letter
Bentley University is an Equal Opportunity Employer, building strength through diversity.
, This position partners with HR staff and department/divisional leadership to provide research, analysis, consultation and guidance on compensation and benefit policy and practice for Faculty and Staff and leads or assists with project work as needed.