Compensation Analyst
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Job no: 493255
Work type: Staff Full-Time (Remote) Temporary
Location: Remote, Hybrid - South Hadley, MA
Categories: Human Resources, Business/ Accounting/Finance
Position Type: Staff Full-Time (Remote) Temporary
Hours per week: 37.5
Weeks per year: 52
Work Schedule: Monday through Friday 8:30am to 5:00pm (Hybrid or Remote Supported)
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Department Summary & Job Purpose:
In partnership with the Mount Holyoke College community, the Human Resources Department supports the mission of the College by providing programs and services that attract, develop and retain a highly qualified and diverse workforce. The Department is committed to working strategically with the community in advocating for a work environment where the contributions of each employee are recognized and where every individual is treated fairly and equitably. We provide leadership in identifying and responding to the community’s changing needs, and in providing guidance in the development, implementation, and administration of policies and procedures in support of our mission.
The Compensation Analyst will oversee the development and maintenance of the College’s compensation programs, policies, and procedures. The incumbent in this role will be required to be data-minded with a compassion for people, prioritization of both the financial health and goals of the College, alongside an understanding of the College’s culture.
This position is a temporary 12-month assignment with a target start date of January 2023 the position may be extended based on available funding.
This is a unique and exciting opportunity for a compensation expert with experience in developing compensation strategies and protocols. The successful candidate should be action-oriented and demonstrate an innovative approach to compensation practices. We welcome someone who is analytical and metrics-driven, communicates clearly and concisely, and is great at getting and giving respectful and productive feedback.
Are you someone who thinks strategically? Do you enjoy looking at the way things are and then imagining multiple ways they can be improved? Do you like to have fun? The work we do is very serious, but that doesn’t mean we don’t have fun. Come join us.
Core Job Duties and Responsibilities:
Typical duties and responsibilities may include but not be limited to:
- This position will serve as a primary point of contact on classification and compensation issues. Determines appropriate organizational structure, job design, and conducts all market pricing, job re-leveling, and calibration exercises.
- Provides guidance, coordination, and support in the effective and consistent application of job classification and compensation policies and practices.
- Researches and analyzes competitive compensation practices in the job market.
- Coordinates and executes initiatives in order to meet established goals, objectives, and timelines.
- Maintains pay equity and transparency.
- Discloses company data to compensation and benefits surveys.
- Assists managers with the development of accurate and effective job descriptions.
- Manages raises and salary structure for all employees.
- Performs job analysis and salary modeling.
- Analyzes compensation package trends to ensure industry competitiveness and employee retention.
- Consults with the HR Information Systems Analyst regarding programming and data integrity of compensation data.
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Qualifications:
• Four years' of experience as a compensation analyst required. • Extensive knowledge of quantitative and qualitative research methods. • Extensive knowledge of human resource laws, regulations, and best practices. • Excellent written and verbal communication skills. • Excellent organizational and time management skills. • Proficient with Microsoft Office Suite or similar software. • Ability to keep information confidential. • A bachelor's degree in HR management, business administration, or similar.
Preferred Qualifications:
• Experience in higher education. • SHRM-CP or SHRM-SCP
License/Certifications:
Compliance Requirements:
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Physical Demands:
• Prolonged periods sitting at a desk and working on a computer. • Must be able to lift up to 15 pounds at times.
Working Conditions:
• Remote work will be supported.
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Background Checks:
Mount Holyoke College is committed to providing a safe and secure environment, supported by qualified employees that will allow all of its students, faculty, staff and those associated with them to successfully carry out the mission of the college. As a condition of employment, the College will conduct appropriate background checks for all new hires. Mount Holyoke has designated the Office of Human Resources as the office responsible for ensuring that background checks (CORI, SORI, Credit History, & Driver Credential) are completed and utilized in the hiring process and Five College Office of Compliance and Risk Management as the office responsible for facilitating background checks as articulated in this policy.
Special Instructions for Applicants:
Apply online; application materials must include:
- A cover letter summarizing interests and qualifications
- A complete resume or curriculum vitae
- Contact information for 3 professional references
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Mount Holyoke College is a women’s college that is gender diverse. The College is committed to providing equal access and opportunity in employment and education to all employees and students. In compliance with state and federal law, Mount Holyoke College does not discriminate on the basis of race, ethnicity, color, genetic information, sex, national or ethnic origin, religion, age, physical or mental disability, marital status, sexual orientation, pregnancy, gender identity or expression, ancestry, veteran or military status, or any other legally protected status under federal, state or local law. The College does not discriminate on the basis of gender in the recruitment and admission of students to its graduate program.
Mount Holyoke College is an Equal Opportunity Employer.
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