Compensation Analyst

First Hawaiian Inc.; Honolulu (HI); On-site; USD 72,000 - 85,000; Full time

Job summary

First Hawaiian Bank is seeking a Compensation Analyst to join the Human Resources team. The role focuses on managing the compensation program, assisting with base salary and incentive plan administration, and participating in external market surveys to ensure competitive pay practices.

The analyst will support annual performance reviews, conduct market analyses, and evaluate jobs for salary grades and classifications, requiring strong Excel/Tableau skills and HRIS experience.

Qualifications

• Bachelor's degree in HR, business, or related field or equivalent experience.
• 4+ years HR or related experience, compensation/payroll focus preferred.
• Proficiency with data analysis tools like Tableau and Excel.
• Excel proficiency with formulas, pivot tables and lookups.

Responsibilities

• Collaborate with business units to manage the compensation program.
• Assist base salary administration and incentive plan participation.
• Participate in external market surveys to maintain competitive pay.
• Support annual performance and compensation reviews.
• Conduct internal and external market analyses.
• Evaluate jobs to assign salary grades and classifications.

Skills

Analytical skills

Communication skills

Team collaboration

Time management

Education

Bachelor's degree in HR/Business

Tools

Tableau

Excel

Microsoft Office

Job description

Job Description

First Hawaiian Bank is currently seeking a Compensation Analyst to join the team in our Human Resources department.

Work Schedule

Monday - Friday 8:00 AM - 5:00 PM (hours may vary)

Compensation

The salary range for the role is $72,000 - $85,000/yr; commensurate with experience.

Responsibilities

In this role, the Compensation Analyst collaborates with business units to manage and maintain the Bank's compensation program and practices. This role will assist with base salary administration, support incentive plan administration and participate in external market surveys to maintain competitive pay practices. The Compensation Analyst supports the annual performance and compensation review processes, conducts comprehensive internal and external market analyses, and evaluates jobs to assign appropriate salary grades and classification.

Qualifications

The ideal candidate will have:

• Bachelor's degree in human resources management, business, or related field; and/or equivalent work experience required
• 4 years of experience in human resources or related field required; focus in compensation or payroll strongly preferred
• Proficiency in data analysis tools and software (e.g. Tableau, Excel) required
• Intermediate-level proficiency in Microsoft Office applications (Word, Powerpoint, Outlook) required
• Financial services industry experience highly desirable
• Knowledge of general ledger classifications and accounting principles preferred
• Strong technical knowledge of Excel required, including development of spreadsheets with formulas, functions, pivot tables and lookups
• Extensive experience with Cornerstone or other HRIS strongly preferred
• Effective oral and written communication in individual and group settings
• Effective consulting skills to engage with business stakeholders, understand their needs, and provide actionable compensation solutions
• Strong analytical and quantitative skills with a keen attention to detail
• Must be highly organized
• Self-motivated to work collaboratively as a team
• Must be able to manage multiple priorities in a fast-paced environment for various customers
• Demonstrated ability to handle confidential, highly sensitive information with discretion