Compensation Consultant

US Bank; Tempe (AZ); On-site; USD 98,000 - 116,000; Full time

Job summary

U.S. Bank in Tempe, AZ seeks an experienced compensation professional to design and manage incentive plans, salary evaluations, and compensation guidance for HRBPs and LOB managers.

You will work on policy guidance, job evaluation/market pricing, exemption status determinations, and support reorganizations; strong analytical, communication, and HR policy knowledge required. This role requires compliance with wage and hour regulations and related laws.

Qualifications

• Bachelor's degree, or equivalent work experience.
• Seven or more years of related compensation program or relevant experience.

Responsibilities

• Design/redesign incentive plans and salary grade guideline models.
• Create compensation guidance tools and policies.
• Advise HRBPs and LOB managers on company compensation policies and practices.

Skills

HR policies knowledge

HR competencies

Analytical/problem solving

Communication skills

Facilitation

Proficient computer skills

Education

Bachelor's degree or equivalent

Tools

Word processing

Spreadsheets

Databases

Presentations

Job description

At U.S. Bank, we’re on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed.We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at—all from Day One.

Job Description

Consultants manage the relationship with their assigned HR Business Partner (HRBP) groups and Line of Business (LOB) managers. These jobs are responsible for: designing/redesigning incentive plans, job evaluations including salary grade guideline models, creating compensation guidance tools, advising HRBPs and LOB managers on Company compensation policies and practices, and providing guidance on employment issues (e.g., FLSA and other wage and hour issues). Consultants may design/deliver compensation training, work with the LOBs & HRBPs on reorganizations, job design/redesign, job evaluation/market pricing, exemption status determination, etc.

Basic Qualifications

• Bachelor's degree, or equivalent work experience
• Seven or more years of related compensation program or relevant experience

Preferred Skills/Experience

• Advanced knowledge of Human Resources policies for the assigned area
• Advanced knowledge of government regulations which apply to the compensation area (e.g., FLSA)
• Strong knowledge of Human Resources competencies
• Ability to develop business literacy and credibility to help business line(s) proactively identify and address changing workforce needs
• Well-developed process facilitation, analytical and problem-solving skills
• Proficient computer skills, especially word processing, spreadsheets, databases, and presentations
• Excellent interpersonal, written and verbal communication skills

Location Expectations

This role requires working from a U.S. Bank location (3) or more days per week.

If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants.

Benefits

Our approach to benefits and total rewards considers our team members’ whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

• Healthcare (medical, dental, vision)
• Basic term and optional term life insurance
• Short-term and long-term disability
• Pregnancy disability and parental leave
• 401(k) and employer-funded retirement plan
• Paid vacation (from two to five weeks depending on salary grade and tenure)
• Up to 11 paid holiday opportunities
• Adoption assistance
• Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

EEO Statement

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program.

Pay Range: $98,175.00 - $115,500.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

SummaryLocation: Charlotte, NC; Tempe, AZ; Minneapolis, MNType: Full time