Total Rewards Reporting and Data Management (25%)
● Collect, analyze, and interpret compensation, benefits and workforce data from internal and external sources.
● Develop reports, dashboards, and presentations for compensation and benefits.
● Ensure the accuracy, integrity, and confidentiality of compensation and benefits data.
● Participate in annual compensation planning, budgeting, and forecasting activities.
Total Rewards Program Administration (25%)
● Support the administration of employment agreements, compensation adjustments, retention programs, and benefits.
● Manage and develop short and long term incentive programs.
● Coordinate compensation-related activities with HR, Payroll, Finance, and external consultants.
● Assist in the evaluation and implementation of compensation policies and programs.
● Identify opportunities to improve compensation and benefits processes and reporting methodologies.
Executive Compensation Analysis (20%)
● In partnership with the Executive Director, conduct comprehensive market analyses and benchmark executive compensation against peer institutions, higher education associations, and relevant labor markets.
● Manage executive compensation timelines, calendars and transactions.
● Assist Executive Director in evaluating compensation program elements to include base salary, incentive compensation, deferred compensation, supplemental retirement plans, and executive benefits programs.
● Prepare compensation recommendations and supporting analyses for senior leadership review.
● Develop compensation models and scenario analyses to support strategic decision-making.
● Assist in evaluating and monitoring performance of the external consulting partner.
Total Rewards Strategic & Project Management Support (15%)
● Research emerging trends in compensation and benefits.
● Provide analytical support for a variety of organizational needs and projects.
● Contribute to compensation philosophy development and long-term workforce planning efforts.
● Provide functional area project management support for total rewards initiatives.
Governance and Compliance (15%)
● Monitor compliance with federal, state, and regulatory requirements affecting executive compensation and benefits, including IRS regulations applicable to nonprofit organizations and higher education institutions.
● Support annual executive compensation reviews and documentation processes.
● Assist in preparing materials for a variety of compensation and benefit-related meetings.
● Maintain records and documentation supporting compensation decisions and governance requirements.