Senior Compensation & Benefits Analyst, Human Resources

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Summary The Senior Compensation & Benefits Analyst is responsible for supporting the Executive Director in the design, administration and analysis of compensation programs. This position also provides the Compensation and Benefits teams with strategic analytical and project support. This position conducts market research, compensation benchmarking, and financial modeling to ensure pay and benefits practices are competitive, equitable, aligned with institutional goals, and compliant with applicable laws and governance standards. The role partners closely with Human Resources leadership, Legal Counsel, Finance, and External Consultants.

Essential Functions: Total Rewards Reporting and Data Management (25%) ●      Collect, analyze, and interpret compensation, benefits and workforce data from internal and external sources. ●      Develop reports, dashboards, and presentations for compensation and benefits. ●      Ensure the accuracy, integrity, and confidentiality of compensation and benefits data. ●      Participate in annual compensation planning, budgeting, and forecasting activities. Total Rewards Program Administration (25%) ●      Support the administration of employment agreements, compensation adjustments, retention programs, and benefits. ●      Manage and develop short and long term incentive programs. ●      Coordinate compensation-related activities with HR, Payroll, Finance, and external consultants. ●      Assist in the evaluation and implementation of compensation policies and programs. ●      Identify opportunities to improve compensation and benefits processes and reporting methodologies. Executive Compensation Analysis (20%) ●      In partnership with the Executive Director, conduct comprehensive market analyses and benchmark executive compensation against peer institutions, higher education associations, and relevant labor markets. ●      Manage executive compensation timelines, calendars and transactions. ●      Assist Executive Director in evaluating compensation program elements to include base salary, incentive compensation, deferred compensation, supplemental retirement plans, and executive benefits programs. ●      Prepare compensation recommendations and supporting analyses for senior leadership review. ●      Develop compensation models and scenario analyses to support strategic decision-making. ●      Assist in evaluating and monitoring performance of the external consulting partner. Total Rewards Strategic & Project Management Support (15%) ●      Research emerging trends in compensation and benefits. ●      Provide analytical support for a variety of organizational needs and projects. ●      Contribute to compensation philosophy development and long-term workforce planning efforts. ●      Provide functional area project management support for