What are the responsibilities and job description for the Compensation Analyst position at Baylor Careers?
What We're Looking For
The Compensation Analyst will support the mission of the University and the Human Resources department through the development, implementation, and administration of compensation programs that attract, retain, and motivate employees. This role analyzes internal and external data to ensure equitable and competitive pay practices and provides recommendations that align with organizational goals and compliance standards. The Compensation Analyst also collaborates with Human Resources and leadership teams to evaluate job roles and support compensation related decision making.
A bachelor's degree and one years of work experience are required. Three years of relevant experience is preferred.
Applicants must currently be authorized to work in the United States on a Full-Time basis.
What You Will Do
- Facilitate the annual merit process for faculty and staff, including any necessary template updates, system testing, communication planning, and status tracking
- Manage the development and delivery of annual Total Compensation Statements for employees, including design, communication, and rollout
- Support faculty and staff pay equity studies by preparing and providing relevant compensation data
- Support additional compensation-related initiatives and projects as needed
- Serve as a key contact for ITS partners who support compensation systems, ensuring smooth technical operations and enhancements
- Partner with HR colleagues to assess FLSA exemption determinations and advise on moderately complex compensation inquiries
- Compile, analyze, and maintain compensation data within third-party compensation software (e.g., MarketPay)
- Gather, prepare, and submit salary data for participation in annual market compensation surveys
- Respond to ad hoc compensation data requests and generate relevant reports for stakeholders
- Audit compensation data within HRIS to ensure accuracy and compliance with internal policies and external regulations
- Perform all other duties as assigned to support Baylor’s mission
- Ability to comply with University policies
- Maintain regular and punctual attendance
What You Can Expect
As part of the Baylor family, eligible employees receive a comprehensive benefits package that includes medical, dental, and vision insurance, generous time off, tuition remission, and outstanding automatic retirement contributions. Baylor has a comprehensive benefits plan that supports you and your family’s wellbeing and allows you to be a part of the life of a vibrant and active college campus. To learn more, go to Baylor Benefits & Advantages.
Explore & Engage
Learn more about Baylor and our strategic vision, Baylor in Deeds. Also, explore our great hometown of Waco and the many opportunities to engage locally. If you are new to Central Texas, This is Waco!
