Executive Compensation Analyst Jobs (NOW HIRING)

University Overview

The University of Pennsylvania, the largest private employer in Philadelphia, is a world-renowned leader in education, research, and innovation. This historic, Ivy League school consistently ranks among the top 10 universities in the annual U.S. News & World Report survey. Penn has 12 highly-regarded schools that provide opportunities for undergraduate, graduate and continuing education, all influenced by Penn's distinctive interdisciplinary approach to scholarship and learning. As an employer Penn has been ranked nationally on many occasions with the most recent award from Forbes who named Penn one of America's Best Large Employers in 2023.

Penn offers a unique working environment within the city of Philadelphia. The University is situated on a beautiful urban campus, with easy access to a range of educational, cultural, and recreational activities. With its historical significance and landmarks, lively cultural offerings, and wide variety of atmospheres, Philadelphia is the perfect place to call home for work and play.

The University offers a competitive benefits package that includes excellent healthcare and tuition benefits for employees and their families, generous retirement benefits, a wide variety of professional development opportunities, supportive work and family benefits, a wealth of health and wellness programs and resources, and much more.

Posted Job Title

Senior Compensation Analyst

Job Profile Title

Compensation Specialist Senior

Job Description Summary

Research and analyze data to provide clients with salary offer and adjustment recommendations based on market and internal peer data that support recruitment and retention. Evaluate job descriptions to determine appropriate classification, job level, and job profile. Provide advice and guidance to clients regarding salary management and compliance issues. Interpret compensation policies and monitor pay practices to ensure compliance with applicable laws, regulations, and policies. Complete salary surveys. Support annual merit increase program and special projects.
In addition to all duties above the Senior Compensation Analyst takes a lead role in special projects including but not limited to compensation initiatives, market studies, development of training modules, maintenance of job architecture, salary structures, and compensation software, submission of required state reporting and dual employment reporting. Also supports the Executive Director and Director with report writing to senior leadership, executive compensation, communications, and development of staff level team members.

Job Description

Compensation Analyst duties includes:

• Analyze and provide staff salary offer/adjustment recommendations to clients that support recruitment and retention and that are based on market data and internal peer data.
• Evaluate and analyze job descriptions to determine the appropriate classification, job level, and job profile based on University's compensation system and FLSA.
• Provide advice/guidance to clients regarding individual, department or school-wide salary management and compliance issues such as FLSA, pay equity and legally defensible pay practices.
• Interpret compensation policies; monitor pay practices to ensure compliance with applicable laws, regulations, and policies.
• Review and ensure appropriateness of compensation events in the Workday inbox.
• Respond to compensation related tickets from Solution Center.
• Complete salary surveys and ensure submission of accurate data on a timely basis.
• Support the annual merit increase program.
• Assist with special projects including but not limited to research, compile and analyze data - producing visuals to support reporting to senior leadership, FLSA updates, compliance with state minimum wage and salary threshold, compensation software, compensation programs, job architecture, salary structures, and training presentations.
• As needed - partner with Staff and Labor regarding restructures and support for contract negotiations. May write/edit position descriptions.
• Other additional duties as assigned.

In addition to all duties above the Senior Compensation Analyst takes a lead role in special projects including but not limited to compensation initiatives, market studies, development of training modules, maintenance of job architecture and salary structures, submission of required state reporting, dual employment reporting. Also supports the Executive Director and Director with report writing to senior leadership, executive compensation, and developing staff level team members.

Qualifications

• Bachelor's Degree and at least 3 years of human resources experience of which 1 year of full-time compensation experience is required, or equivalent combination of education and experience.
• Senior level qualifications are Bachelor's Degree and at least 5 years of compensation experience is required, or equivalent combination of education and experience.
• Excellent quantitative and analytic skills. Demonstrated customer service and negotiation skills. Familiarity of compensation laws and regulations. Strong computer skills, particularly Microsoft Excel. Desire to learn and develop as a compensation professional. Ability to work quickly and efficiently in a flexible, often ambiguous environment.
• Experience with Workday or PayFactors is a plus.
• CCP, PHR, SHRM-CP or SHRM-SCP preferred.

Targeted Pay Range

• Staff level $77,000 to $86,000
• Senior level $91,000 to $105,000

Job Location - City, State

Philadelphia, Pennsylvania

Department / School

Human Resources

Pay Range

$65,628.00 - $105,000.00 Annual Rate

Salary offers are made based on the candidate's qualifications, experience, skills, and education as they directly relate to the requirements of the position, and in alignment with salary ranges based on external market data for the job's level. Internal organization and peer data at Penn are also considered.

Equal Opportunity Statement

The University of Pennsylvania is an equal opportunity employer. Candidates are considered for employment without regard to race, color, sex, sexual orientation, religion, creed, national origin(including shared ancestry or ethnic characteristics), citizenship status, age, disability, veteran status or any class protectedunder applicable federal, state or local law.

Special Requirements
Background checks may be required after a conditional job offer is made. Consideration of the background check will be tailored to the requirements of the job.

University Benefits

• Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefitsto protect you and your family's health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.

• Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.

• Retirement:Penn offers generous retirement plans to help you save for your future. Penn's Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.

• Time Away from Work:Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family-whatever your personal needs may be.

• Long-Term Care Insurance:In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you're newly hired, you won't have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.

• Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That's why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.

• Professional and Personal Development:Penn provides an array of resources to help you advance yourself personally and professionally.

• University Resources:As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University's libraries and athletic facilities, or visit our arboretum and art galleries. There's always something going on at Penn, whether it's a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you're right in the middle of the excitement-and you and your family can enjoy many of these activities for free.

• Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.

• Flexible Work Hours:Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.

• Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.

• Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.

To learn more, please visit: https://www.hr.upenn.edu/PennHR/benefits-pay