Role Summary

We are seeking an HR Data Analyst who will contribute to compensation programs and processes by completing assigned tasks to help maintain innovative pay programs. The Analyst will gather data and analyze compensation trends in the external market, make recommendations to ensure that T. Rowe Price jobs are appropriately aligned for internal equity and external competitiveness and partner with more senior professionals to ensure compliance and accuracy of work. They will act as a consultant between the compensation team and other areas of HR and the business. If you have 2+ years of data analysis and/or compensation experience, we want to hear from you. This role offers the opportunity to learn and advance your skills and experience in consulting and data analytics.

Responsibilities

• Conducts research on compensation programs and gathers competitive intelligence to contribute to the development and implementation of best-in-class programs that align with business needs. Monitors compensation programs and offerings to ensure they align with Total Rewards philosophy and global governance strategy and are culturally/market relevant. With minimal supervision and depending on the area of focus, provides guidance to Human Resources and the business on compensation programs and issues.
• Conducts analysis that informs business decisions by leveraging relevant external and internal data sources. Understands data requirements of requests in order to create analyses that are scalable and conducts data validations to maintain the integrity of the information relied upon for associate compensation and to support decision making. Research issues uncovered with limited supervision.
• Analyzes jobs through the job evaluation process to ensure internal equity of positions across job families and grade levels. Matches T. Rowe Price positions to external market data, identifies internal comparisons, and recommends grade and salary changes.
• Build and maintain relationships with internal partners. Use analyses, knowledge of internal and external compensation practices and knowledge of the organization to understand needs and identify and recommend solutions that meet the needs and also align to total reward strategy. Owns work of assigned BUs and/or region.
• With guidance, may manage a small compensation project that requires a standard solution, including establishing a project plan, coordinating and managing resources.

Qualifications

Required:

• Bachelor's degree, preferably in Business or related field, or
• The equivalent combination of education and relevant experience AND 2+ years of total relevant work experience in compensation and/or data analysis

Preferred:

• Ability to communicate and consult with colleagues at multiple levels, including with HR colleagues and Business Unit Leaders/ Managers
• Demonstrated analytical skills and attention to detail
• Advanced Excel skills
• Ability to effectively manage multiple priorities
• Ability to work independently and with teams
• Commitment to excellence in service and client relationship management
• Solid knowledge of compensation processes and practices, particularly around benchmarking and managing of salary structures
• CCP (Certified Compensation Professional) certification is a plus, but not required.
• Asset management and/or financial services industry experience.

FINRA Requirements

FINRA licenses are not required and will not be supported for this role.

Work Flexibility

This role is eligible for hybrid work, with up to one day per week from home.

Base Salary Ranges

Please review the job posting for the location of this specific opportunity.

$68,000.00 - $116,000.00 for the location of: Maryland, Colorado, Washington and remote workers
$74,500.00 - $127,000.00 for the location of: Washington, D.C.
$85,000.00 - $145,000.00 for the location of: New York, California

Placement within the range provided above is based on the individual’s relevant experience and skills for the role. Base salary is only one component of our total compensation package. Employees may be eligible for a discretionary bonus, which is determined upon company and individual performance.

Commitment to Diversity, Equity, and Inclusion

At T. Rowe Price, our associates are our greatest asset. We thrive because our company culture is built on inclusion and because we sustain a work environment where associates can bring their best selves to work every day. The backgrounds, talents, and experiences of our global associates allow us to embrace new ideas and perspectives that move our business priorities forward and enable us to deliver strong client outcomes. Here, you can expect equal opportunity and fair and consistent treatment for all.

Benefits

T. Rowe Price is an equal opportunity employer and values diversity of thought, gender, and race. We believe our continued success depends upon the equal treatment of all associates and applicants for employment without discrimination on the basis of race, religion, creed, color, national origin, sex, gender, age, mental or physical disability, marital status, sexual orientation, gender identity or expression, citizenship status, military or veteran status, pregnancy, or any other classification protected by country, federal, state, or local law.