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Compensation Analyst

Fordham University

Job Description

Compensation Analyst

Office of Human Resources Management, Rose Hill

Fordham University

Fordham University has an excellent reputation as a dynamic institution located in New York City. Founded in 1841, Fordham enrolls more than 16,000 undergraduate and graduate students in its 9 Colleges and Schools.

  • Fordham University offers a comprehensive and competitive benefits package to its employees, which includes medical, dental, vision, life, and disability insurance.
  • We offer tuition remission for employees and their dependents
  • A generous immediate employer match towards a 403(b) retirement plan.
  • As a tax-exempt organization under section 501(c)(3) of the Internal Revenue Code (IRC), Fordham is considered a qualifying employer for the Public Service Loan Forgiveness (PSLF) program, a federal program designed to forgive student loan debt for employees of certain public and certain nonprofit employers.
  • As part of its work-life balance program, the University provides generous PTO including 15 vacation days, 12 sick days, 2 personal days, 6 summer Fridays, and holidays that include paid time off between Christmas and New year.
  • University employees have access to the Employee Assistance Program (EAP). EAP provides no-cost, professional, and confidential services, to help employees and family members address a variety of personal, family, life, and work-related issues.

Position Summary

Under the direction of the Senior Director of HRIS & Compensation, the Compensation Analyst performs job evaluation, job description management, research, analysis, and reporting activities to support the University’s compensation program and total rewards strategy.

Essential Functions

  • Maintains the salary architecture framework to support University’s compensation programs and total rewards.
  • Provides guidance to hiring managers to develop and maintain up-to-date job descriptions that accurately reflect the work being performed by incumbents.
  • Maintains University’s job description database.
  • Assesses jobs to determine classification and appropriate salary range using relevant market survey data and considering internal equity. Reviews and recommends salary placements for new hires.
  • Participates in salary surveys, and analyzes data from survey sources to determine competitiveness both internally and externally.
  • Carries out analytical assignments involving the development, implementation and administration of benefits and compensation programs.
  • Develops and documents procedures to streamline processes and ensures compliance with regulatory requirements.

Additional Functions

  • Conducts research and analysis related to University’s benefit programs, and for collective bargaining agreements.
  • Assists in preparation of the annual merit increase and incentive programs and budgeting.
  • Advises hiring managers and stakeholders on applicable federal, state, and local wage and compensation related regulations, University’s benefits and compensation policies, and compensations terms of collective bargain agreements.
  • Performs other duties as assigned.

Required Qualifications

  • Bachelor’s degree or equivalent in business, human resources or related field.
  • Minimum 3 years of experience in employee compensation and classification.
  • Demonstrated knowledge of federal, state, and local regulations and compliance requirements related to compensation.
  • Strong analytical skills and ability to interpret and communicate data.
  • Demonstrated proficiency with Microsoft Excel and Office Suite.
  • Demonstrated knowledge of quantitative and qualitative research methods.
  • Successful candidates should have a knowledge of and commitment to the goals of Jesuit Education.

Preferred Qualifications

  • CCP, SHRM-SCP/CP, or SPHR/PHR certification highly preferred.

Minimum Starting Salary: $85,000

Maximum Starting Salary: $110,000

Note: Salary is commensurate with qualifications, experience, and skills.

FLSA CATEGORY: Exempt

START DATE: ASAP

APPLY HERE: https://careers.fordham.edu/postings/4656

ABOUT FORDHAM

Founded in 1841, Fordham is the Jesuit University of New York, offering an exceptional education distinguished by the Jesuit tradition to more than 16,000 students in its 9 colleges and schools. It has residential campuses in the Bronx and Manhattan, a campus in West Harrison, N.Y., the Louis Calder Center Biological Field Station in Armonk, N.Y., and the London Centre in the United Kingdom.

Fordham University is committed to excellence through diversity and welcomes candidates of all backgrounds.

Fordham is an Equal Opportunity Employer – Veterans/Disabled and other protected categories

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