Company: University of Arkansas
The Compensation Analyst is involved in the compensation and workforce planning initiatives at the University. This position conducts research and analysis in different areas that involve compensation, such as compensation bench-marking through market analysis, compensation studies, and survey completion and analysis, as well as internal workforce retention and turnover statistics. The Compensation Analyst collaborates with others to determine needed staffing levels, labor market rates, and compensation differentials, etc. This position provides direct technical support in the administration of the University’s staff compensation policies and procedures; provides day-to-day advice, training, and support to HR staff and the University community, as appropriate, on compensation issues involving the interpretation and application of policies, guidelines, and procedures; provides expertise in regards to wage and hour regulations.
Regular, reliable, and non-disruptive attendance is an essential function of this job, as is the ability to create and maintain collegial, harmonious working relationships with others.
Detailed Job Description
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About the Company
Founded in 1871, the University of Arkansas is a land grant institution, classified by the Carnegie Foundation among the nation’s top 2 percent of universities with the highest level of research activity. The University of Arkansas works to advance Arkansas and build a better world through education, research and outreach by providing transformational opportunities and skills, promoting an inclusive and diverse culture and climate, and nurturing creativity, discovery and the spread of new ideas and innovations. Ten colleges and schools serve more than 27,600 students with 200+ academic programs. U of A students earn nationally competitive awards at an impressive rate and represent all 50 states and 120 countries.
The University of Arkansas campus is located in Fayetteville, a welcoming community ranked as one of the best places to live in the U.S. The growing region surrounding Fayetteville is home to numerous Fortune 500 companies and one of the nation’s strongest economies. Northwest Arkansas is also quickly gaining a national reputation for its focus on the arts and overall quality of life. Arkansas is a natural wonder of forests, mountains, and lakes framed by picturesque rivers and streams. Some of the best outdoor amenities and most spectacular hiking trails are a short drive from campus.
Bachelor’s degree from an accredited institution of higher education
At least four years of experience as a human resource professional or professional in a related field
Applicable equivalencies may be considered.
Master Degree in Human Resources, Finance, Statistics, or a related field from an accredited institution of higher education
Experience at an institution of higher education
At least two years’ experience as a compensation professional
SHRM, HRCI, or World at Work Certification
Knowledge, Skills, and Abilities:
- Extensive knowledge of and experience with spreadsheet software (Excel) and data warehouse reporting tool (SAS)
- Knowledge of computerized information systems used in human resources applications
- Knowledge of job analysis and job evaluation principles, methods, and procedures
- Working knowledge of computerized applications and procedures as applied to compensation management
- Knowledge of career development and career laddering concepts, principles, and processes
- Knowledge of federal and state wage and salary laws and regulations
- Knowledge of compensation administration principles and procedures including principles and procedures unique to the public sector
- Strong interpersonal skills
- Skill in analyzing and evaluating job content and bench-marking to external job equivalents including knowledge of statistical sampling and survey methodology
- Information research, analysis, and evaluation skills including the ability to gather and analyze statistical data and generate reports
- Ability to deal effectively in a team environment
- Ability to communicate effectively, both orally and in writing
- Ability to interpret, adapt, and apply guidelines and procedures
- Ability to participate in, devise, design, and implement customized compensation surveys
As an employer, the University of Arkansas offers a vibrant work environment and a workplace culture that promotes a healthy work-life balance. The benefits package includes university contributions to health, dental, life and disability insurance, tuition waivers for employees and their families, 12 official holidays, immediate leave accrual, and a choice of retirement programs with university contributions ranging from 5 to 10% of employee salary.
The University of Arkansas is an equal opportunity, affirmative action institution. The university welcomes applications without regard to race/color, sex, gender, pregnancy, age, national origin, disability, religion, marital or parental status, protected veteran or military status, genetic information, sexual orientation, gender identity or any other characteristic protected under applicable federal or state law. Persons must have proof of legal authority to work in the United States on the first day of employment. All applicant information is subject to public disclosure under the Arkansas Freedom of Information Act.