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We are looking for a skilled Compensation Analyst to join our team on a long-term contract basis in Norfolk, Virginia. This role offers an excellent opportunity to contribute to the development and maintenance of effective classification and compensation systems within the higher education sector. The ideal candidate will have a strong background in compensation structures, classification systems, and HR compliance, paired with exceptional analytical and communication skills.
Job Responsibility:
Evaluate and classify positions accurately to determine appropriate compensation levels and classifications
Develop and maintain effective compensation systems, including market/merit-based structures
Analyze and interpret complex classification policies and ensure compliance with applicable laws and regulations
Utilize advanced software tools, including Microsoft Excel and Power BI, for data modeling and salary structure analysis
Participate in salary surveys to align internal classifications with market data
Prepare detailed analytical reports and provide rationale for classification decisions
Collaborate with diverse stakeholders to facilitate training on classification processes
Ensure compliance with federal and state regulations related to compensation and classification
Provide insights and recommendations to improve HR processes within the organization
Manage high-volume data entry and support HR systems, including Workday and Cardinal, to streamline operations
Requirements:
Bachelor’s degree or equivalent combination of education and experience in a relevant field
Extensive experience in evaluating and classifying positions within formalized classification systems
Strong proficiency in Microsoft Excel, Power BI, and other software applications for data analysis
Solid understanding of HR principles and practices, including federal and state laws governing compensation
Exceptional analytical and problem-solving skills with the ability to make defensible classification decisions
Proven ability to write comprehensive reports and communicate effectively in diverse settings
Experience participating in salary surveys and aligning classifications with market trends