Senior Compensation Analyst

Responsible for staff support activities to develop, implement, and administer compensation policies and programs. Audits job content and prepares job descriptions. Recommends company salary structure movements, salary increase budgets, and FLSA exemptions. Ensures company compliance with federal and state laws governing compensation practices. This includes providing guidance and makes recommendations on base salary levels, position hiring ranges, supplemental payments, and appropriate grade assignments. Advises on job titles and codes, and supports temporary staffing decisions by recommending appropriate titles and salary options

Duties:

• Develops and maintains job descriptions and determine FLSA exemption status including analyzing new positions and reclassification requests to appropriately determine job classification
• Conducts and participates in compensation activities including surveys, market reviews studies for external benchmarking, pay equity analysis, job evaluations, job analysis and audits
• Researches and compiles data and presents findings to the appropriate audience
• Creates and maintains standard compensation reports, ad hoc reports and queries.
• Provides recommendations regarding base salary levels, position hiring ranges, supplemental payments and appropriate grade assignment in accordance with established campus structure and guidelines
Reviews proposed salary adjustments for conformance to established guidelines and recommends corrective or alternative actions to resolve compensation
• related problems.
• Ensures compliance with relevant laws and regulations
• Maintains PeopleSoft Foundation Tables including, new titles, job codes, salary plans and position description updates.
• Attends meetings as required and participates in committees as directed
• Collaborates with the Compensation Director, designated HR Business Partners, Talent Acquisition, and management leaders for assigned line of business to provide compensation support services
• Reviews transactions to ensure alignment with company policies, guidelines, internal and external competitiveness, and to ensure compliance with applicable legal and fiscal regulations
• Supports development and communication of compensation policies, processes, and programs
• Advises and interprets university policies and procedures, Federal and State laws and advises on compliance regarding a variety of compensation issues.
• Supports the annual Personnel Review Cycle (PRC), including process coordination, system integration, timeline management, testing of system functionality, and facilitation of training sessions
• Performs various duties as needed to successfully fulfill the function of the position

Required Education and Experience: Bachelor's Degree in Business Administration or related field, AND:

• 5 years experience in compensation, human resources, or relevant experience

Equivalency/Substitution: Experience or a combination of education & related experience can be considered in lieu of degree. A onetoone ratio is used to determine the number of years of experience required in place of a degree

Skills:

• Highly organized and ability to handle multiple projects and deadlines
• Advanced knowledge of Fair Labor Standards Act regulations
• Strong customer service orientation
• Ability to read and interpret policy
• Ability to perform data analysis
• Composition and proofreading skills
• Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint)

Certifications: None

Advertised Physical Requirements:

• Physical:
  • Sit for prolonged periods.
  • Use of computer and telephone.
  • Ability to engage in repetitive motions.
• Environmental:
  • Standard Office Environment.
  • Frequent exposure to pressure caused by deadlines and busy periods.
  • Requires contact with other departments and university officials.

Why You Belong at the University of Oklahoma: The University of Oklahoma values our community's unique talents, perspectives, and experiences. At OU, we aspire to harness our innovation, creativity, and collaboration for the advancement of people everywhere. You Belong Here!

Equal Employment Opportunity Statement: The University, in compliance with all applicable federal and state laws and regulations, does not discriminate on the basis of race, color, national origin, sex, sexual orientation, marital status, genetic information, gender identity/expression (consistent with applicable law), age (40 or older), religion, disability, political beliefs, or status as a veteran in any of its policies, practices, or procedures. This includes but is not limited to admissions, employment, housing, financial aid, and educational services.