Inside Higher Ed · 1 month ago
Senior Compensation Specialist
Philadelphia, PA
Full-time
Onsite
Senior Level
$61K/yr - $112K/yr
5+ years expThe University of Pennsylvania is a prestigious Ivy League institution located in Philadelphia, renowned for its leadership in education and research. The Senior Compensation Specialist will be responsible for analyzing compensation-related data, conducting job evaluations, and advising on compensation issues to support the university's pay increase program and compliance analysis.
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Responsibilities
Collaborate with management and staff on position classification, job classification interpretation, and compensation policy application
Develop job evaluation plans through research and statistical analysis, considering internal and external market factors
Prepare and recommend job descriptions and salary ranges, effectively communicating these to relevant schools/centers
Develop and maintain comprehensive compensation reports, analyzing trends and providing insights to inform decision-making processes. This includes compiling data on salary structures, merit increases, and other compensation elements, ensuring accuracy and relevance to organizational needs
Conduct compensation surveys, providing analysis and preliminary recommendations regarding job evaluation and market trends
Audit pay practices for compliance with relevant laws and regulations, documenting findings and suggesting compliance solutions
Support hiring managers with salary administration information, including equity reports and market data analysis
Handle additional duties and responsibilities as assigned
Qualification
Required
Bachelor's degree with 5-7 years of relevant experience in Human Resources, or an equivalent combination of education and experience, with a strong preference for candidates who have a background in compensation analysis and management
Strong technical skills are required, including advanced proficiency in Excel for complex data manipulation and analysis
Experience in managing databases and utilizing HR information systems (HRIS) to support compensation and benefits tasks
Proficiency in Microsoft Office Suite is essential, with an emphasis on Excel, PowerPoint, and Word to create reports, presentations, and documents
In-depth knowledge of compensation frameworks, including job evaluation, market analysis, and pay structure design
Familiarity with benefits administration and understanding of how compensation fits into overall HR strategy and practices
Comprehensive understanding of HR laws, regulations, and best practices, with specific expertise in those related to compensation and benefits, including Equal Employment Opportunity (EEO), Fair Labor Standards Act (FLSA), and other relevant employment laws
Excellent communication and customer service skills are critical, with the ability to clearly explain compensation and benefits information to employees and stakeholders
Strong interpersonal skills to negotiate and work effectively with diverse groups
Exceptional organizational and project management skills, with a proven ability to manage compensation projects from conception through implementation
Preferred
Experience in higher education
CCP, SHRM-CP, or SHRM-SCP certification
Benefits
Health, Life, and Flexible Spending Accounts: Penn offers comprehensive medical, prescription, behavioral health, dental, vision, and life insurance benefits to protect you and your family's health and welfare. You can also use flexible spending accounts to pay for eligible health care and dependent care expenses with pre-tax dollars.
Tuition: Take advantage of Penn's exceptional tuition benefits. You, your spouse, and your dependent children can get tuition assistance here at Penn. Your dependent children are also eligible for tuition assistance at other institutions.
Retirement: Penn offers generous retirement plans to help you save for your future. Penn's Basic, Matching, and Supplemental retirement plans allow you to save for retirement on a pre-tax or Roth basis. Choose from a wide variety of investment options through TIAA and Vanguard.
Time Away from Work: Penn provides you with a substantial amount of time away from work during the course of the year. This allows you to relax, take vacations, attend to personal affairs, recover from illness or injury, spend time with family—whatever your personal needs may be.
Long-Term Care Insurance: In partnership with Genworth Financial, Penn offers faculty and staff (and your eligible family members) long-term care insurance to help you cover some of the costs of long-term care services received at home, in the community or in a nursing facility. If you apply when you're newly hired, you won't have to provide proof of good health or be subject to underwriting requirements. Eligible family members must always provide proof of good health and are subject to underwriting.
Wellness and Work-life Resources: Penn is committed to supporting our faculty and staff as they balance the competing demands of work and personal life. That's why we offer a wide variety of programs and resources to help you care for your health, your family, and your work-life balance.
Professional and Personal Development: Penn provides an array of resources to help you advance yourself personally and professionally.
University Resources: As a member of the Penn community, you have access to a wide range of University resources as well as cultural and recreational activities. Take advantage of the University's libraries and athletic facilities, or visit our arboretum and art galleries. There's always something going on at Penn, whether it's a new exhibit at the Penn Museum, the latest music or theater presentation at the Annenberg Center, or the Penn Relays at Franklin Field to name just a few examples. As a member of the Penn community, you're right in the middle of the excitement—and you and your family can enjoy many of these activities for free.
Discounts and Special Services: From arts and entertainment to transportation and mortgages, you'll find great deals for University faculty and staff. Not only do Penn arts and cultural centers and museums offer free and discounted admission and memberships to faculty and staff. You can also enjoy substantial savings on other goods and services such as new cars from Ford and General Motors, cellular phone service plans, movie tickets, and admission to theme parks.
Flexible Work Hours: Flexible work options offer creative approaches for completing work while promoting balance between work and personal commitments. These approaches involve use of non-traditional work hours, locations, and/or job structures.
Penn Home Ownership Services: Penn offers a forgivable loan for eligible employees interested in buying a home or currently residing in West Philadelphia, which can be used for closing costs or home improvements.
Adoption Assistance: Penn will reimburse eligible employees on qualified expenses in connection with the legal adoption of an eligible child, such as travel or court fees, for up to two adoptions in your household.
Company
Inside Higher Ed
Inside Higher Ed is the online source for news, opinion, and jobs related to higher education.
51-200 employees
Funding
Current Stage
Growth StageTotal Funding
unknown2022-01-10Acquired
2006-08-31Series Unknown
Leadership Team
Stephanie Shweiki
Director, Foundation Partnerships
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