Compensation Analyst ; H

Position: Compensation Analyst 2 (H)
## Compensation Analyst 2 (H)
The University of Miami has an exciting opportunity for a Compensation Analyst 2.The Compensation Analyst 2 serves as an internal consultant and performs a variety of compensation activities  in order to ensure that compensation programs are equitable and competitive enterprise-wide. This role assists  with the development of pay structures for the organization based on information collected from within and  outside the organization.

Key responsibilities include the evaluation and analysis of salary data, job descriptions,  salary surveys and organization/department internal equity. This role also works collaboratively with other  Human Resources areas (i.e., Recruitment, Client Services etc.) and serves as a subject matter expert regarding  compensation related concerns.
** CORE JOB FUNCTIONS
** 1. Evaluates new and existing jobs to determine the value of a position based on the responsibilities of the  employee and ensures appropriate classification. Modifies and creates new job descriptions that  accurately reflect current roles, responsibilities and requirements. Configures pay grades and evaluates  new employee titles and ongoing reclassification.  
2. Surveys the existing pay practices in the organization; collects data from other organizations to establish  whether employees are being paid reasonably.  
3. Reviews current and predicts future compensation trends to assist the organization in making prudent  decisions.  
4. Creates and applies employee incentive plans and retention bonuses in order to maintain and attract  top talent.  
5. Conducts reviews of salary offer requests in order to ensure competitiveness, internal equity and overall  affordability.  
6. Reviews reorganization requests, including both job audit and evaluation. Documents job-specific  findings and recommendations to contribute to a comprehensive project report.  
7. Prepares reports, spreadsheets and executive summaries on findings and handles administrative steps  to formalize recommendations. Communicates with stakeholders regarding the result of compensation  work.  
8. Handles moderately complex Compensation projects and initiatives, with some guidance from  department leadership.  
9. Reviews and approves one-time payment and activity pay request, ensuring adherence to plan  documents and University policies and procedures.  10. Reviews and maintains Compensation webpages and other collateral to ensure information is accurate,  current and consistent with University pay practices.  11. Assists with the development of training materials. Facilitates Compensation training and new hire  orientation as needed.  12. Tracks and maintains all incentive plan program documents.

Accounts for incentive plan document prior  to payout.  13. Adheres to University and unit-level policies and procedures and safeguards University assets.
This list of duties and responsibilities is not intended to be all-inclusive and may be expanded to include other  duties or responsibilities as necessary.

Bachelor’s Degree in relevant field
*** Any relevant education, certifications and/or work experience may be considered***#LI-EL1

CORE QUALIFICATIONS Minimum 3 years of relevant experience

Knowledge, Skills and Attitudes:  
• Ability to exercise sound judgment in making critical decisions.  
• Skill in completing assignments accurately and with attention to detail.  
• Ability to analyze, organize and prioritize work under pressure while meeting deadlines.  
• Ability to work independently and/or in a collaborative environment.  
• Ability to communicate effectively in both oral and written form.  
• Ability to maintain effective interpersonal relationships.  
• Proficiency in computer software (i.e. Microsoft Office The mission of the University of Miami is to transform lives through education, research, innovation, and service. A vibrant and diverse academic and healthcare community, the University of Miami and the University of Miami Health System ("UHealth") have rapidly progressed to become one of the nation’s top research universities and academic medical centers in the nation.

The University comprises 12 schools and colleges serving undergraduate and graduate students in more than 350 majors and programs. Visit  to learn more about our points of pride.

The University ranks No. 55 on U.S. News & World Report’s 2022 Best Colleges list and ranked No. 49 in the 2022 Wall Street Journal/Times Higher Education College Rankings.

Bascom Palmer Eye Institute is ranked the #1 eye hospital in the USA and offers some of the nation's premiere eye doctors to treat every eye condition for adults. Sylvester Comprehensive Cancer, part of the Miller School of Medicine, received the prestigious National Cancer Institute designation in 2019.The University of Miami and UHealth have also ranked among the Forbes Best Employers and Best Employers for Women on several occasions, most recently in 2022.
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