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We are offering a contract opportunity in the higher education industry, located in Minneapolis, Minnesota, United States. We are in search of a Compensation Analyst to join our team. In this role, you will be responsible for evaluating job roles, maintaining Workday, and ensuring regulatory compliance. Your responsibilities will also include managing the compensation inbox, submitting salary data to external surveys, and conducting job evaluations.
Job Responsibility:
Evaluating and redefining job roles and responsibilities to ensure they align with the organization's goals
Overseeing the compensation inbox and addressing incoming requests in a timely manner
Submitting accurate salary data to external surveys to maintain up-to-date compensation benchmarks
Maintaining and updating salary ranges in Workday, our Human Resources Management System
Assisting in regulatory compliance to ensure all compensation practices are in line with current laws and regulations
Utilizing a strong analytical mindset to work effectively in ambiguous environments, especially when developing job descriptions
Participating in project work as required, providing valuable insights and support
Conducting thorough job evaluations to ensure roles are properly classified and compensated
Creating or updating job descriptions as needed to clearly define role expectations and requirements
Utilizing Workday, Office Suite, and Market Pay for efficient and effective job design and compensation administration
Requirements:
Extensive experience with Human Resource Management Systems (HRMS)
Proficiency in handling Commission Functions
Expertise in Rewriting Job Descriptions
Experience in Developing Job Descriptions
Knowledge of Job Design procedures
Ability to carry out Job Evaluation
Experience in Compensation Administration
Proficiency in Compensation Analysis
Familiarity with Workday Human Capital Management (HCM) system
Experience with Workday Human Resource Information System (HRIS)
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