Essential Functions: JOB PURPOSEThe compensation analyst will provide compensation analysis and consulting services to University managers and leaders, HR colleagues and collaborative partners. Provide expertise in the development, improvement and implementation of compensation programs including market reviews, salary surveys, incentive compensation, job analysis and evaluation, annual merit program etc. Manage and participate in strategic initiatives such as conducting a comprehensive total rewards study. ESSENTIAL FUNCTIONSResearch and analyze market trends and competitiveness of WSU's total compensation offerings and salary structures. Recommend new and improved ways to increase the effectiveness and competitiveness of our compensation strategy, processes and structures.Consult with university managers and leaders, employees, HR, and other collaborate partners on market reviews, annual merit program, salary recommendations and other compensation related projects and initiatives.Benchmark compensation programs using salary surveys and research.Study and analyze all job levels within the organization, prepare job descriptions, determine salary grade placement etc. Provide analytical support for ad hoc research and compensation projects. Respond to employee questions regarding the compensation program.
Qualifications: MINIMUM QUALIFICATIONSBachelor's degree in Business, Human Resources, Finance Data, Economics or related fields. An equivalent combination of education and experience may be accepted.At least three years of compensation experienceExperience in job evaluation and analysis, salary surveys and salary administrationPreferred Qualifications: WorldatWork Certified Compensation Professional (CCP) designationHR Certification: PHR/SPHR, SHRM-CP/SHRM-SCPExperience in a client facing, consulting or HR business partner roleKNOWLEDGE, SKILLS & ABILITIES REQUIREDIntellectual curiosity. Professional communication skills and the ability to build strong partnerships with all levels of employees. Strong problem solving skills and analytical ability. Ability to work independently in a fast-paced environment where change and transformation is expected. Advanced excel proficiency. Demonstrated ability to deliver high quality results within tight timelines. Knowledge of sound compensation principles and practices, state and federal employment laws and regulations. Knowledge and ability to use advanced Microsoft Excel formulas and functions.
Founded in 1868, Wayne State University is a nationally recognized metropolitan research institution offering more than 400 academic programs through 13 schools and colleges to nearly 32,000 students. Wayne State?s main campus in Midtown Detroit comprises 100 buildings over nearly 200 acres; its five extension centers offer higher education to people throughout Southeast Michigan. Wayne State is d...edicated to preparing students to excel by combining the academic excellence of a major research university with the practical experience of an institution that by its history, location and diversity represents a microcosm of the world we live in. Reflecting its location and the excellent international reputation of its graduate schools, particularly in the sciences, Wayne State boasts the most diverse student body among Michigan?s public universities. Its students represent 49 U.S. states and more than 60 countries.