Compensation and Benefits Analyst

Title: Compensation and Benefits Analyst

Position Purpose:

Works closely with the Director of Compensation and Benefits in the administration of the College’s staff compensation and college-wide benefit programs, including job evaluation, FLSA determination, maintenance of the job description database, position control database, benefits administration, accounting, and auditing. The Analyst also assists the Director of Compensation and Benefits in compensation and benefit program compliance and planning design/modification initiatives. The Analyst plays a key role in the employment process by providing consistent consultation to the hiring managers to determine appropriate rates within salary administration guidelines.

Job Duties:

Compensation Analysis

• Conducts position classifications, reclassifications, and pricing of jobs including review of campus equity and market comparisons in conjunction with HR Partners.
  • Processes compensation section of position requisition form and reviews and updates job descriptions, if required.
  • Position benchmarking for departments as requested and annually for campus-wide market review. Research FLSA, BLS, DOL, CUPA, and other databases as needed.
  • Processes specific hiring ranges for final candidates
• Completes periodic salary surveys.
• Monitors changes in regulations to ensure continued compliance.
• Follows Fair Labor Standards Act regulations to determine exempt/nonexempt overtime designation of staff jobs. Answers overtime-related questions.
• Supports annual staff increase process (June-July)
• Supports annual faculty increase process (February)
• As requested, assists HR Partners and department managers in job design/job description creation.
• Assists the Director of Compensation and Benefits with preparing employee communication materials related to the compensation program or processes.
• Keeps abreast of current compensation trends in the marketplace and higher education.

Benefits Analysis

• Performs monthly tracking of benefit eligibility and reconciliation with the vendor invoices.
• Prepares and processes monthly benefit vendor invoices.
• Assists in the annual reconciliation of general ledger accounts.
• Assists in the annual enrollment process including vendor analysis, contribution rate determination and estimate of overall program costs.
• Monitors retirement program limits, participation and eligibility.
• Assists with the Form 5500 preparation and audit.
• Assists with other required benefit compliance reports including those related to the Affordable Care Act.

Database Administration

• Monitors Banner (HRIS) and other data sources to manage employee/COBRA/retiree benefit eligibility and benefit-level changes. Enter benefits enrollment and change information in the Banner system.
• Monitors and maintains the structure of position control, create new positions, or edit as needed.
• Enters compensation in position requisition system.
• Tracks and confirms that employees have accurately completed and turned in all required benefit forms in a timely manner.
• Ensures data integrity by regularly auditing all benefit-related information in the Banner system.
• Maintains accurate, complete benefit files for active and terminated employees. Ensure that all applicable documentation is entered into the Banner Document Management System (BDMS).

Other

• Collaborates with other HR team members to address organizational needs and initiatives.
• Participates in, leads/manages a variety of projects or provides direction on HR-related programs and practices including wellness program projects and initiatives.
• Seeks and participates in professional development activities.
• Other duties and responsibilities as assigned.

Minimum Qualifications:

Education

• Bachelor’s degree required, business concentration helpful.
• CEBS, CMS, CCP or other certified compensation or benefits designation desired or willingness to obtain such certification.

Experience

• 5+ years of compensation and/or benefit program management experience (higher emphasis on compensation experience).
• 3+ years of demonstrated experience in data analysis and/or account reconciliation.

Skills and Knowledge

• Commitment to equity and inclusion, and serving the needs of a culturally and educationally diverse community
• Strong interpersonal skills with the ability to develop and maintain collegial relationships. Must be flexible, collaborative, and have a positive attitude.
• Excellent communication (written, verbal, and presentation) skills.
• High level of attention to detail.
• Excellent analytical and problem-solving skills; ability to synthesize complex or diverse information.
• Ability to work independently and handle multiple priorities and deadlines simultaneously.
• Impeccable organizational (time, task, project management) skills.
• Demonstrated ability to collaborate with teammates and clients by building trust and credibility.
• Solid understanding of compensation and benefits.
• High level of proficiency in spreadsheet data manipulation functions in Excel.
• Proficiency in using and understanding HRIS products (Banner, Peoplesoft, PeopleAdmin, ADP, etc.).
• Knowledge of basic accounting principles is desired.
• Willingness and ability to learn additional applications as needed.
• Ability and willingness to travel (by car, air, train, or bus) domestically as needed.
• Personal commitment to excellence and the mission of a top-tier small liberal arts college.

Benefits:

Bates College offers competitive salaries, excellent benefits (health, dental, sick leave, 24 days of vacation, 2 personal days, 13 paid holidays, dependent care subsidy, free parking, access to library and athletic facilities & more), and a supportive, collegial environment in a drug and smoke-free workplace.

Equal Employment Opportunity Statement:

Bates College is committed to the principle of equal opportunity and providing an educational and work environment free from discrimination. The college prohibits discrimination on the basis of race, color, national or ethnic origin, religion, sex, sexual orientation, gender identity or gender expression, age, disability, genetic information or veteran status and other legally protected statuses in the recruitment and admission of its students, in the administration of its education policies and programs, or in the recruitment of its faculty and staff. Bates College adheres to all applicable state and federal equal opportunity laws and regulations. All college faculty, staff, students, contractors, visitors, and volunteers are responsible for understanding and complying with the Non-Discrimination Policy.

Inquiries concerning the college’s policies, compliance with applicable laws, statutes, and regulations (such as Title VII, Title IX, and ADA/Section 504), and complaints may be directed to Gwen Lexow, Title IX Officer, 207-786-6445 or via email at glexow@bates.edu .

About Bates:

Bates is internationally recognized as a leading liberal arts college, attracting 2,000 students from across the U.S. and around the world.

Since 1855, Bates has been dedicated to educating the whole person through creative and rigorous scholarship in a collaborative residential community. Committed to opportunity and excellence, Bates has always admitted students without regard to gender, race, religion, or national origin.

Cultivating intellectual discovery and informed civic action, Bates prepares leaders sustained by a love of learning and zeal for responsible stewardship of the wider world. Bates engages the forces — intellectual trends, demographic changes, and technology — that are transforming higher education and the world into which our students graduate.

Bates has highly competitive admissions, graduates over 90 percent of its entering students, and more than half of its alumni earn graduate degrees. Bates employs 200 faculty members and 550 staff.

The college is proud of deep roots in the Lewiston/Auburn community, Maine’s second-largest urban area with a population of approximately 65,000. Bates is located on a beautiful, 133-acre, traditional New England campus in Lewiston, an emerging city with an entrepreneurial climate, a lively arts scene, and a dynamic business community. Bates is 35 miles north of Portland, 140 miles north of Boston, and 350 miles north of New York City.

Advertised: Mar 14 2023 Eastern Daylight Time
Applications close: