Compensation Analyst

Posting Number: 20260037EX

Number of Vacancies: 1

About Murray State

Located in the West Kentucky region, Murray State University is a public, comprehensive University which offers a low cost of living, low property taxes, and a four-season climate. Murray has a friendly, small-town atmosphere with locally-owned specialty shops and restaurants, an acclaimed community theater, art guild and award-winning public schools. The area is home to Kentucky Lake and Land Between the Lakes, a 170,000-acre National Recreation Area, which offers a wide-range of activities and amenities for residents and visitors alike. Located in close proximity to major cities and nearby access to Interstate 24, Murray is just a few hours from Nashville, St. Louis, Louisville and Memphis. Learn more about Careers at Murray State University.

About Murray State Benefits

Faculty and staff of Murray State University have access to a comprehensive benefits package including health insurance, retirement, tuition waivers, generous paid holidays, vacation, sick, and paid parental leave, as well as many other benefit offerings. Please refer to the Murray State Benefits page for more information.

Equal Opportunity Employment

Equal Opportunity Employer/AA. Murray State University does not discriminate based on race, color, national origin, sex, gender, identity, sexual orientation, religion, age, veteran status, disability or political or social viewpoint. All qualified applicants are encouraged to apply.

Summary of Job Duties and Responsibilities

The Compensation Analyst supports the design, implementation, and administration of compensation programs and projects within the University. This role assists with salary benchmarking, job audits, position placement, and compensation data analysis to ensure competitive and equitable pay practices aligned with organizational policies and market trends. This role is responsible for completing salary surveys, ensuring the integrity of compensation data, documenting processes and protocols, and serving as a key project member on compensation projects.

• Conduct Human Resource analytics, data analysis and interpretation of trends to support proactive planning related to faculty and staff compensation.
• Analyze data and relevant market trends, assist with the regular review of established faculty pay plans and staff grade structures, and provide market analysis and recommendations.
• Work closely with the Director of Human Resources and the Associate Director of Human Resources regarding the development, implementation and administration of compensation programs.
• Responsible for completing annual institutional CUPA HR employment and compensation surveys, and other related compensation surveys on the University’s behalf.
• Analyze data from survey sources to determine competitiveness both internally and externally.
• Examine job audit questionnaires in order to determine proper classification, FLSA exempt/non-exempt status, staff grade, as well as to ensure consistency of position classification and compensation for all positions across campus.
• Enhance knowledge of market relativity through wage surveys, job pricing and benchmarking, market analysis and analyzing internal data.
• Analyze data and assist with presentation to stakeholders.
• Ensure compliance with University policies and procedures, as well as all applicable federal and state wage regulations.
• Assist the Associate Director of Human Resources and the Director of Human Resources in administering and communicating the compensation strategy and philosophy to administrators, faculty and staff across campus.
• Responsible for developing the biennial salary roster for Board of Regents approval, including monitoring and reporting any compensation paid for faculty and staff that is in addition to the regular budgeted salary.
• Respond to inquiries related to compensation policies and procedures.
• Maintain confidentiality of sensitive employee compensation information.
• Other duties as assigned.

Minimum Education Requirements

• Bachelor’s Degree

Minimum Experience and Skill Requirements

• Two (2) years’ experience in a compensation and/or data analysis position, or a closely related field.
• Experience in data analysis, reporting, or analytics.
• Proven track record of initiative, integrity, and ability to maintain confidentiality when managing information.
• Strong analytical and quantitative skills.
• High attention to detail and data integrity.
• Must be proficient in MS Office Suite, advanced in Excel.
• Demonstrated skills in oral and written communications as well as good interpersonal and organizational skills.

Hourly Rate/Annual Salary
$50,342 (Additional pay dependent upon qualifications)

Staff Grade: 114

Tagged as: Employment