Compensation Analyst or Sr. Compensation Analyst

Compensation Analyst or Senior Compensation Analyst Requisition ID: req1368 Employment Type: Classified Regular Full-Time (CRF) Division: Organizational Excellence Compensation: Based on education and experience Job Closing: 4/19/2026 Location: TRS Headquarters Building 1, 4655 Mueller Boulevard, Austin, Texas, 78723, United States WHO WE ARE Service, Respect, and Connection are core to the individual and collective TRS experience. We know that great service rests on a foundation of relationships that connect us all to an empowering and rewarding career. At TRS, we’re inspired by our community who bring authenticity and commitment to our mission to improve the retirement security of public education employees and retirees throughout Texas.

As a group of achievers, we tap collaboration and innovation to raise the bar in performance, administering and counseling pensions and healthcare benefits to ensure certainty for the future of our members. We invite you to join us, where both personal and career growth are respected and where you can make a difference in our members’ lives every day. WHAT YOU WILL DO Senior Compensation Analyst Lead job analysis, job evaluation, and job description development across assigned areas.

Conduct market pricing and benchmarking using multiple survey sources and recommend competitive pay ranges. Manage the TRS Compensation Plan, including maintaining salary ranges, conducting annual structure updates, and assessing overall market competitiveness. Administer salary programs, including merit planning, promotions, and complex salary adjustments.

Consult with leaders and HR partners on compensation decisions, classification, FLSA determinations, and equity considerations. Provide expert guidance on compensation policies, practices, and regulatory requirements. Analyze compensation and workforce data to identify trends, risks, and impacts on pay practices.

Develop complex analyses, dashboards, and presentations for leadership and governance bodies. Translate data into insights and recommendations to support strategic compensation decisions. Ensure data integrity across HRIS, payroll, and reporting systems.

Lead or play a key role in compensation related projects and cross functional initiatives. Recommend enhancements to compensation programs, processes, and tools. Support development and refinement of compensation and HR policies and procedures.

Conduct research and analysis on the impact of legislative or regulatory changes. Compensation Analyst Conduct job analysis and maintain accurate job descriptions and classification documentation. Support market pricing and benchmarking activities using established survey sources.

Administer salary actions, including merit increases, promotions, and equity adjustments, in accordance with guidelines. Review position classifications and FLSA designations for routine staffing actions and job postings. Provide guidance to managers and HR partners on compensation and classification questions.

Support compliance with the TRS Compensation Plan and applicable employment laws. Prepare standard and ad hoc compensation and workforce reports. Maintain and validate compensation data within HR and reporting systems.

Compile data to support compensation reviews and decision making. Assist with preparation of materials for leadership discussions and committees. Support compensation operations, projects, and annual cycle activities.

Participate in OE workgroups and cross functional initiatives. Contribute to maintaining compensation related documentation, tools, and procedures. Identify and support process improvements.

WHAT YOU WILL BRING Required Education Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field A high school diploma or equivalent with additional directly related professional experience, substituted on an equivalent year for year basis Required Experience This role may be filled at either the intermediate or senior level based on the candidate’s experience, skills, and demonstrated capability. Intermediate level 3+ years of progressively responsible professional experience in human resources or a related field 2+ years of experience supporting compensation analysis, salary administration, job evaluation, or related work Senior level 5+ years of progressively responsible professional experience in human resources or a related field 3+ years of experience designing, analyzing, and administering compensation programs, with demonstrated experience providing consultative guidance on pay decisions Preferred Qualifications Professional certification such as CCP, PHR, SPHR, or SHRM CP, or progress toward certification Experience supporting compensation programs in a complex, fast moving environment, such as healthcare, technology, insurance, financial services, or similarly data driven industries Demonstrated experience with market pricing, salary survey participation, job benchmarking, and internal equity analysis Strong analytical skills with the ability to translate compensation and workforce data into clear, actionable insights for leaders Advanced proficiency in Excel and experience working with HRIS and compensation systems Demonstrated ability to partner effectively with leaders and HR colleagues, communicate complex information clearly, and build credibility with stakeholders Military Occupational Specialty (MOS) Codes Veterans, Reservists or Guardsmen with experience in the Military Occupational Specialty and the minimum qualifications listed above may meet the minimum requirements and are highly encouraged to apply. Please contact Talent Acquisition at [email protected] with questions or for additional information.

Salaries Senior Compensation Analyst - $100,000.00 - $128,000.00 Compensation Analyst - $74,000.00 - $96,000.00 Additional Information To view all job vacancies, visit www.trs.texas.gov/careers or www.trs.csod.com/careersite. For more information, visit www.trs.texas.gov. #J-18808-Ljbffr