Senior Compensation Analyst

WorldatWork

Virginia Beach, VA

JOB DETAILS
SKILLS
Analysis Skills, Benchmarking, Budget Management, Budgeting, Communication Skills, Compensation Analysis, Compensation and Benefits, Data Analysis, Data Sets, Equity Securities, Finance, HRIS/HRMS, Human Resources, Incentive Programs, Leadership, Market Analysis, Pricing, Regulations, Reporting Dashboards, Reporting Skills, Secondary School, Staff Requirements, State Laws and Regulations, Statistical Modeling, Statistics, Talent Management, Team Player, Trend Analysis
LOCATION
Virginia Beach, VA
POSTED
Today

The City of Virginia Beach Human Resources Department is seeking an analytical and collaborative professional to serve as an HR Business Partner III-Compensation with a primary focus on compensation and total reward analysis. This position plays a critical role in supporting City reward related programming by analyzing market data, providing salary structures oversight and recommendations for improvement, and serving as centralized SME for HR leadership and organizational stakeholders.The ideal candidate will bring strong technical skills, experience working with Workday (or comparable system), and the ability to translate large data sets into actionable outcomes. This role reports to the Director of Human Resources-Talent and Workforce Development. This position works directly with other HR Business Partners, technology partners, departmental liaisons, and various other stakeholders in the support of equitable and competitive compensation and total rewards practices.Representative duties include, but are not limited to:Conduct complex labor market analyses, including job pricing, market benchmarking, and internal equity reviews to ensure competitive and fiscally responsible pay programming and pay practicesParticipate in and analyze salary surveys and total rewards programming to ensure competitive structure, policies and practicesAssist with the development and refinement of compensation programs and related policiesPerform regression analyses and statistical modeling to support pay equity, salary structure design, and compensation recommendationsDesign and maintain pay structures (step, open range), pay grades and job classifications; recommend adjustments as neededWork with other HRBPs in appropriately establishing new classifications within the pay structure; review existing classifications for appropriate placement based on internal equity factors and market competitivenessEnsure compliance with FLSA, state wage laws, and related compensation/total reward requirements; recommend policy updates as applicableCollaborate with Finance and Budget Offices on salary projections and position controlMaintain and analyze compensation data within HRIS systems (e.g., Workday or similar platforms)Prepare compensation reports, dashboards and workforce analytics; develop executive level dashboards and reportsAnalyze trends in turnover, compression, retention, etc; effectively communicate finding to HR leadershipModel financial impact of salary increases and incentive programs; support annual budget development processCreate and analyze various HR and compensation reports to identify trends and provide data-driven insights for strategic decision makingSupport regulatory audits and respond to related inquiriesThe City offers a generous benefits package, which includes health, dental and life insurance, retirement and savings plans, maternity/paternity and parental leave, holidays and leave.The City of Virginia Beach is an Equal Opportunity Employer.MINIMUMS: Bachelors degree in human resources or related field and four (4) years of experience utilizing the knowledge, skills, and abilities associated with such positions as human resources business partner, specialist, or generalist OR an equivalent combination of education (above the high school level) and/or experience equivalent to eight (8) years in fields utilizing the knowledge, skills, and abilities associated with this position. SPECIAL REQUIREMENTS: All employees may be expected to work hours in excess of their normally scheduled hours in response to short-term department needs and/or City-wide emergencies.#J-18808-Ljbffr

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WorldatWork