Principal Compensation Analyst

Principal Compensation Analyst

Stanford University is one of the worlds premier academic and research institutions, devoting tremendous intellectual and physical resources toward the betterment of humanity. As a major Silicon Valley employer, Stanford seeks people committed to excellence and to improving our world. In turn, the university is committed to supporting its employees as they develop their careers and enrich their lives. Reporting to the Compensation Manager, the Principal Compensation Analyst is a demonstrated subject matter expert and partner in compensation analysis, design, implementation, optimization and administration. The role provides consultation to Stanford HR leaders and schools and units on compensation policy, best practices, and regulatory compliance. The Principal Compensation Analyst is an operational expert in compensation analysis, processes, and client service delivery. This position shares and provides education, training, communication and guidance to junior compensation analysts and clients and serves as a team lead on university-wide compensation initiatives.

The ideal candidate will be skilled in compensation analyses, administration, and the operational execution of compensation administration and have a breadth of experience solving complex and unique compensation issues in a highly decentralized organization with complex collaboration and distributed authority. This position is hybrid on-site two days per week at Stanford's Redwood City campus location.

Core Duties

• Serve as subject matter expert, key advisor, and consultant to HR leadership and other stakeholders in the areas of compensation administration operations and execution, implementation, optimization, market analysis, job architecture, pay equity, and compliance to ensure inclusive and sustainable compensation frameworks.
• Lead and manage complex projects such as compensation client solutioning and consultative influence, annual salary planning set up and administration, salary structure updates, compensation market and equity analysis, and regulatory reporting university-wide or for multiple schools and units.
• Share compensation guidance, education, support, training, and mentorship to junior compensation analysts.
• Oversee, delegate, balance, and prioritize client workloads.
• Manage university-wide, full-cycle compensation processes.
• Perform advanced-skilled Excel analyses to support the design, implementation, and administration of the compensation function.
• Build complex financial models in formula-driven spreadsheets to support detailed analysis and decision-making in compensation strategy, methodology, and actions.
• Research existing processes, present findings, design or re-design, and develop optimal compensation components for the university and / or schools and units.
• Serve as an advisory resource regarding compensation implementation and administration for University Human Resources and line managers.
• Advise HR Leaders and line managers on a range of complex matters related to the university and / or school and unit compensation policies, processes, and practices.
• Solve advanced, unique, and complex problems that have a broad impact across multiple schools and / or units.
• Oversee and participate in job evaluations and documentation of job descriptions.
• Manage and oversee client requests for compensation analysis or assistance and provide guidance, recommendations, and solutions for compensation processes, policies, and procedures.
• Design, develop, review, and provide guidance on retention and incentive plan documentation and / or develop complex incentive plans to reinforce targeted behaviors and advance the university or school and unit mission / goals.
• Review research and prepare in-depth analyses to develop and / or revise existing university or school / unit compensation programs, policies, and / or practices. Make recommendations to management based on completed analyses and lead the implementation of solutions.
• Keep abreast of industry trends and regulatory changes in compensation practices.
• Develop education strategy, training materials, and presentations for the compensation team, human resource managers, line managers, and employees.
• Perform other duties as assigned.

Minimum Requirements :

Physical Requirements

Working Conditions :

Occasional travel on campus to schools and units.

Work Standards :

The expected pay range for this position is $180,000-$192,000 per annum. Stanford University provides pay ranges representing its good faith estimate of what the university reasonably expects to pay for a position. The pay offered to a selected candidate will be determined based on factors such as (but not limited to) the scope and responsibilities of the position, the qualifications of the selected candidate, departmental budget availability, internal equity, geographic location and external market pay for comparable jobs. At Stanford University, base pay represents only one aspect of the comprehensive rewards package. The Cardinal at Work website provides detailed information on Stanford's extensive range of benefits and rewards offered to employees. Specifics about the rewards package for this position may be discussed during the hiring process.

Why Stanford is for You Imagine a world without search engines or social platforms. Consider lives saved through first-ever organ transplants and research to cure illnesses. Stanford University has revolutionized the way we live and enrich the world. Supporting this mission is our diverse and dedicated 17,000 staff. We seek talent driven to impact the future of our legacy. Our culture and unique perks empower you with :

Consistent with its obligations under the law, the University will provide reasonable accommodations to applicants and employees with disabilities. Applicants requiring a reasonable accommodation for any part of the application or hiring process should contact Stanford University Human Resources at stanfordelr@stanford.edu. For all other inquiries