25-21327, Compensation Analyst at Massachusetts Bay Transportation Authority, MA

About the Department

Audits job descriptions for content and calibration within organization compensation structure. Participates in compensation surveys to collect and analyze competitive salary information to determine company's competitive position. Reviews proposed salary adjustments for conformance to established guidelines, policies and practices. Recommends corrective or alternative actions to resolve compensation-related challenges.

Position Duties

• Provides professional consultation and guidance to client base regarding a variety of compensation-related issues and partners with HR Business Partners.
• Partners with departments to update job descriptions for existing and new positions within the organization and creates job codes for new positions.  
• Analyzes salary surveys and obtains comprehensive market data to market price the positions and compare internally to company positions.  Make recommendations and present results to departments’ management.  
• Completes annual salary surveys by matching company’s positions to survey positions.
• Reviews and recommends salaries for both internal and external candidates, considering internal equity and market.
• Responsible for generating accurate and timely reports as requested. 
• Escalates issues to supervisor/manager for resolution, as deemed necessary.
• Assist with various projects as assigned by direct supervisor.
• Perform all other duties and projects that may be assigned

Minimum Qualifications

• Bachelor’s degree from an accredited institution.
• Two (2) years of experience as a compensation analyst in a large HR department.
• Demonstrated knowledge of compensation systems.
• Skilled in utilizing advanced Excel functions including pivot tables, v-lookups and other advanced queries for data analysis.
• Experience developing financial modeling and analysis for management recommendations.
• Advanced knowledge of PC applications and Microsoft Office applications required.
• Strong ability to work independently and manage multiple priorities in a fast-paced environment.
• Excellent consulting, influence and communication skills.
• End-to-end process thinking.
• Strong attention to detail required.
• Ability to multi-task required.
• Advanced analytical skills.

Other Qualifications

• A High School Diploma or GED with an additional nine (9) years of directly related experience substitutes for the bachelor’s degree requirement. 
• An associate degree from an accredited institution and an additional five (5) years of directly related experience substitutes for the bachelor’s degree requirement. 
• A master’s degree in a related subject substitutes for two (2) years of experience. 
• A nationally recognized certification, or statewide/professional certification in a related field substitutes for one year of experience.

Preferred Experience and Required Skills

• Five (5) or more years of experience as a compensation analyst in a large HR department.
• CCP or similar certification.
• SHRM Certification (SHRM-SCP, SHRM-CP), PHR, SPHR.