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Compensation Analyst Senior

Company: Teacher Retirement System of Texas
Location: Pflugerville
Posted on: November 19, 2022

Job Description:

WHO WE ARE:Service, Respect, and Connection are core to the individual and collective TRS experience. We know that great service rests on a foundation of relationships that connect us all to an empowering and rewarding career. At TRS, we're inspired by our diverse community who bring authenticity and commitment to our mission to improve the retirement security of public education employees and retirees throughout Texas.As a group of achievers, we tap collaboration and innovation to raise the bar in performance, administering and counseling pensions and healthcare benefits to ensure certainty for the future of our members. We invite you to join us, where both personal and career growth are respected and where you can make a difference in our members' lives every day.TRS is recruiting for a Senior Compensation Analyst whose enthusiasm for spreadsheets is matched by their excitement to partner with business managers. TRS has recently redesigned their compensation system and this role will serve as project lead for maintaining the structure and designing and implementing enhancements, including the management of TRS data in PayFactors. It's the perfect mix of compensation design, data geekiness and big-picture strategizing -all wrapped up in an organization with an amazing mission that is consistently recognized as one of the top places to work in Austin.WHAT YOU WILL DO:Compensation Coordinates agency variable pay programs, including incentive compensation, executive compensation, and global compensation initiatives. Coordinates and plans job analysis, classification and compensation reviews, and job description development. Coordinates with performance management and learning and development to evaluate and develop career path and career ladder opportunities. Consults with division managers on recommendations for merit planning, salary and other compensation issues. Coordinates the collection and analysis of market data and salary surveys and conducts benchmark job matching across multiple survey sources. Prepares salary and wage budgets and proposals, and implements approved plans. Creates, revises and maintains job descriptions for agency positions. Reviews salary adjustments and promotions to ensure compliance with established guidelines, policies and practices. Reviews position classification and FLSA designations for management proposed staffing plans, reorganizations, and vacant postings. Ensures compliance with the State Position Classification Plan (as appropriate), Fair Labor Standards Act (FLSA), Equal Employment Opportunity (EEO), and other employment laws and regulations. Provides training, technical assistance, policy interpretation, and advice to managers and staff regarding classification and compensation matters.Workforce and Data Analysis Compiles, analyzes and evaluates compensation data and prepares complex queries and reports. Coordinates the computation, analysis, and evaluation of compensation, workforce analytics, and other HR-related data. Prepares summaries, reports, and presentations for internal and external audiences. Develops and maintains compensation materials for management updates, dashboards, and presentations to the Board of Trustees. Enters data into the statewide USPS payroll system and a variety of HRIS systems, databases and spreadsheets. Analyzes and assesses workforce data related to HR workload measures, turnover, retirement estimates, FTE counts, position control, and veteran's reports.HR Support and Special Projects Participates in developing, updating, and/or and implementing human resources policies, procedures, processes, and forms. Recommends changes to procedures and processes to improve efficiency and effectiveness. Performs research and analysis on impact of proposed and new legislation as directed. Coordinates responses to HR related information queries from other public pension funds. Leads or participates on special projects and workgroups. Performs related work as assigned.WHAT YOU WILL BRING:Required Education Bachelor's degree from an accredited college or university. High school diploma or equivalent and additional full-time directly related human resources generalist experience may be substituted on an equivalent year-for-year basis.Required Experience Six (6) years of progressively responsible professional human resources experience Three years (3) compensation experience (may run concurrently)Preferred Qualifications Certified Compensation Profesional (CCP), Professional in Human Resources (PHR), Senior Professional in Human Resources (SPHR), SHRM-Certified Professional, and/or SHRM-Senior Certified Professional certification(s).Knowledge, Skills, and Abilities Applies experience and working knowledge to perform operational tasks and address business problems. Uses problem-solving skills from work experience and applies these skills to routine situations. Performs work that often requires knowledge commonly acquired through a prolonged course of specialized academic instruction in a business field. Has working-level professional skills and abilities, but is still learning complex methods, techniques and analytical approaches.Military Occupational Specialty (MOS) Codes:Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty ( http://www.Hr.Sao.Texas.Gov/Compensation/MilitaryCrosswalk/MOSC_AdministrativeSupport.Pdf ) along with the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply. Please contact Talent Acquisition at careers@trs.texas.gov with questions or for additional information.To view all job vacancies, visit www.Trs.Texas.Gov/careers or www.Trs.Csod.Com/careersite.For more information, visit www.Trs.Texas.Gov.

Keywords: Teacher Retirement System of Texas, Pflugerville , Compensation Analyst Senior, Professions , Pflugerville, Texas

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