Reporting to the Director of HR/Employee Relations, the Compensation Analyst will assist in the development and administration of College-wide compensation programs. This position is responsible for the analysis, design, implementation and administration of competitive compensation programs which are innovative, compliant, cost effective and which support the College's strategic talent objectives of attracting and retaining top talent across the institution.

The Compensation Analyst will work closely with division staff to collect job data and consistently manage the job-leveling process, participate in salary surveys, and price jobs using internal and external market data to ensure consistency in the pay structure across the entire organization. The Compensation Analyst will also provide project support across HR initiatives and support efforts to develop and update policies, procedures, and program documentation.

Major Areas of Responsibility

• Consults and offers guidance on compensation policy interpretation, new hire, offers, promotions, market analysis, job evaluation, and other compensation projects and initiatives.
• Assists in the design, implementation, and administration of compensation programs and policies.
• Evaluates jobs and recommends grades to ensure internal equity and external competitiveness.
• Manages staff and faculty annual salary planning process.
• Conducts ongoing data audits ensuring data accuracy and integrity of all compensation related information in all systems, tools and resources.
• Analyzes data and statistics for trends and patterns with attention to recruitment, hiring practices, motivation, turnover, and compliance with employment laws and regulations.
• Prepares reports of data results, presenting and explaining findings to senior leadership.
• Ensures compliance with data privacy regulations and best practices.
• Assesses jobs and their respective duties to determine classification as exempt or nonexempt and appropriate salary range.
• Prepares compensation program documentation, training materials and employee communications.
• Develops and documents procedure to ensure compliance.
• Evaluates and revises internal processes to reduce costs and increase efficiency.
• Works with HRIS to ensure that all systems meet compensation needs and are updated.
• Replies to requests from managers and division staff regarding compensation-related issues.
• Studies labor market and compensation related trends.
• Participates in salary surveys.
• Manages assigned projects through the various stages of the project life cycle, from concept to implementation.
• Prepares reports as needed.
• Supports special projects as necessary.
• Performs other duties as assigned.

Minimum Qualifications

• Bachelor's degree in a related field from an accredited institution.
• CCP-designation preferred or taking classes towards certification
• Five or more years of compensation experience, preferably in an academic setting.
• Strong Microsoft Office skills with demonstrated advanced proficiency in Excel, including use of pivot tables, vlookups, conditional formatting, data tables, compensation and statistical formulas and other similar features.
• Demonstrated ability to design, communicate and implement compensation programs
• Ability to drive projects from concept through implementation.
• Thorough knowledge of compensation policies and practices, as well as federal and state wage and hour law.
• Must demonstrate discretion and good judgement in handling confidential and sensitive information. Demonstrated commitment to the highest standard of ethical and professional conduct.
• Self-motivated, collaborative team player who can effectively interact with individuals with variable working styles across all organizational levels within and outside of the company
• Exceptional attention to detail and accuracy, strong organizational skills and project administration skills.
• Must be able to work effectively and able to handle the stress of shifting and competing priorities, show resourcefulness, work proactively and deliver high quality results.
• Excellent analytical and financial modeling skills. The ability to analyze and interpret large amounts of data and articulate clear and effective observations and recommendations.
• Ability to function as an effective and respected partner to internal clients.
• Ability to understand the labor market and trends over time.
• Excellent verbal/written communication and interpersonal skills

Core Competencies

• Collaboration: Exchanging information, ideas, thoughts and feelings thoughtfully with others in a manner that is proactive and enhances partnerships
• Inclusion: Actively engaging with the values of the College by promoting a work environment that embraces diversity and demonstrating respect for the opinions and beliefs of others
• Innovation: Performing one's job with creativity and proactivity, improving procedures and problem-solving
• Mission/Service Orientation: Focusing on service to others and contributing to the College's collective mission
• Responsibility: Taking ownership of one's actions and accountability for one's tasks and duties
  

Disclaimer
The description above represents the most significant duties of this position but does not exclude other occasional work assignments not mentioned, the inclusion of which would be in conformity with the factor degrees assigned.

This is a full-time, exempt level position with a salary range of $85,000-$95,000. The College is committed to providing competitive market pay for its employees. The College also offers a competitive benefits package for full-time staff, including:

• 10% College contribution to the 403(b) Retirement Plan (1 year wait waiver available)
• Hybrid work
• NEW - condensed summer 4-day work week
• Tuition benefits
• Wellness programs & ongoing Training and Development opportunities
• Generous paid time off
• Free parking and free use of the athletic/fitness facilities.
• Click here to learn more.

To mitigate the spread and effects of COVID-19, and as an integral part of its public health and safety measures, College of the Holy Cross requires that all successful applicants show proof of full, up-to-date vaccination (including a booster dose once eligible) by an FDA-approved COVID-19 vaccine before beginning employment, unless an accommodation exempting the applicant from this policy has been granted. Applicants who wish to request an accommodation based on a disability or sincerely-held religious belief should inform Human Resources after an offer of employment is extended; please do not include any medical, genetic, or religious information in your application materials.

College Description

The College of the Holy Cross is a private, Jesuit Catholic, undergraduate institution serving approximately 3,100 students. Founded in 1843, Holy Cross is the oldest Catholic college in New England and has a tradition of academic excellence. It is located atop Mount Saint James in Worcester, Massachusetts. The picturesque, 174-acre campus is an award-winning and registered arboretum.

Region Description

Worcester is a city of approximately 200,000 people centrally located in the Commonwealth of Massachusetts. It is approximately one hour from Boston, Hartford, and Providence, and three hours from New York City. Worcester is known as the Heart of the Commonwealth. Worcester offers many cultural and recreational opportunities which you can read more about here.

The College of the Holy Cross is an EEO/AA/Disability/Vets Employer.

A member of the Higher Education Consortium of Central Massachusetts (HECCMA).

To review our Employee Benefit Options, please go to: https://www.holycross.edu/human-resources/benefits

Holy Cross Benefits at a Glance PDF for download: click here