Compensation Analyst

Regions Bank•Birmingham, AL

35d•$55,399 - $75,280•Onsite

About The Position

At Regions, the Compensation Analyst assists in the implementation and administration of compensation programs. Position focuses on administering defined procedures, analyses and report preparation.

Requirements

Bachelor's degree in Human Resources, Business, Accounting, Finance, or related field
Ability to research, analyze data, and derive facts
Adapts and works with a variety of situations, individuals, business leaders, and groups
Analytical skills
Attention to detail
Good communication skills both written and verbal
Must be able to work under pressure with strict deadlines
Organizational and time management skills
Strong Excel skills (i.e., formula’s, pivot tables, VLOOKUP, etc.)

Nice To Haves

Two (2) years of Compensation, Human Resources, or professional level 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
Develops Power Point presentations based on insights gained from analysis.