Benefits & Compensation Specialist (Finance)

Department: Human Resources Salary: $58,809 - $63,000
Description:
Job Summary

The Benefits and Compensation Specialist is responsible for administering and managing employee benefits programs, including health insurance and retirement plans. This role also involves ensuring fair and competitive compensation structures, conducting salary surveys, and ensuring compliance with relevant labor laws. The position supports the human resources department in attracting, retaining, and motivating employees through effective benefits and compensation strategies.

Duties

• Administers employee insurance programs including but not limited to health, dental, vision, life insurance, and retirement plans
• Administers the university's leave programs, including, but not limited to, FMLA and Sick Leave Pool
• Serve as the primary point of contact for employees regarding benefits and compensation questions or issues
• Assesses and conducts job evaluations to determine FLSA classification and market analysis; works with hiring managers to provide appropriate guidance regarding pay decisions, policies, and job evaluation; reviews and approves all staff job offers and job requisitions; creates and/or updates job descriptions
• Assists in developing compensation strategies that align with organizational goals and promote employee retention and satisfaction
• Prepare compensation reports and analyses to inform decision-making by senior management
• Maintain accurate records of employee benefits selections, compensation data, and other related information

Marginal Duties

• Performs all other duties as assigned

Supervisory Responsibilities

Direct Reports:

• None

Delegation of Work:

• N/A

Supervision Given:

• N/A

Qualifications

Required Education:

• Bachelor's degree

Required Experience:

• Minimum of two (2) years of related job experience in compensation, benefits, or human resources management

License/Certification

• N/A

None Required

• N/A

Preferred Qualifications

• SHRM-CP or PHR certification is preferred
• Bachelor's degree in human resources, Business Administration, or related field
• Experience with PeopleSoft
• Experience with Pay Factors

Knowledge, Skills and Abilities

Knowledge:

• Knowledge of trends, developments, and best practices and legal regulations in compensation and benefits administration
• Proficiency in HR software and systems

Skills:

• Excellent verbal and written communication skills
• Strong analytical and problem-solving skills

Abilities:

• Ability to manage multiple tasks and prioritize in a fast-paced environment
• Ability to work with confidential information

Work Location and Physical Demands

Primary Work Location:

• Works in an office environment

Physical Demands:

• Work is performed in a typical interior work environment, which does not subject the employee to any unpleasant elements
• Individual has discretion in relation to walking, standing, etc., and has minimal exposure to physical risks

All positions at the University of Houston-System are security sensitive and will require a criminal history check.

The University of Houston System and its universities are Equal Opportunity Institutions. Everyone is encouraged to apply.