Compensation Analyst: Pay Structure & Market Insights

Regions Bank; Birmingham (AL); On-site; USD 55,000 - 100,000; Full time

Benefits offered by this job

Paid Vacation/Sick Time

401K with Company Match

Medical, Dental and Vision Benefits

Disability Benefits

Health Savings Account

Job summary

Regions Bank is seeking a Compensation Analyst to support the design and administration of compensation programs. The role focuses on executing defined procedures, analyses, and report preparation to ensure fair and market-aligned pay practices.

Work onsite in Birmingham, AL, with standard office hours. The position requires a Bachelor's degree and 2 years of compensation/HR banking experience; strong Excel skills are essential for data analysis and reporting.

Qualifications

• Bachelor's degree in HR, business, accounting, finance or related field.
• Two years of compensation, HR, or professional banking experience.

Responsibilities

• Under direct supervision, administers Regions wage and salary administration programs
• Creates and maintains job families, job summary descriptions and data maintained at the job level
• Handles all administrative tasks relating to job creation, set up and recordkeeping
• Performs job audits and researches pay practices and trends
• Completes job evaluations to determine appropriate job classification in accordance with the Fair Labor Standards Act (FLSA)
• Provides analysis of pay structure, market-based grades, and geographic differentials
• Recommends and implements associate pay structures under the guidance of manager or senior consultant
• Performs job evaluations and assigns appropriate pay structure
• Analyzes information to develop a conceptual understanding of job descriptions, management levels and organizational structure
• Participates in salary surveys

Skills

Analytical skills

Attention to detail

Communication skills

Excel skills

Researching data

Education

Bachelor's degree in Human Resources, Business, Accounting, Finance, or related field

Tools

Excel

Job description

Regions Bank is seeking a Compensation Analyst to support the design and administration of compensation programs. The role focuses on executing defined procedures, analyses, and report preparation to ensure fair and market-aligned pay practices.

Work onsite in Birmingham, AL, with standard office hours. The position requires a Bachelor's degree and 2 years of compensation/HR banking experience; strong Excel skills are essential for data analysis and reporting.