Compensation and Payroll Specialist

Commerce Bank•St. Louis, MO

7d•$24 - $32•Hybrid

About The Position

The main purpose of this job is to partner with plan administrators across the organization to process incentive payments and provide general support to the compensation and payroll team. Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us. Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you. Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk.

Requirements

Ability and desire to learn compensation and payroll best practices and processes
Basic knowledge or ability to learn applicable employment laws, including FLSA
Ability to ask questions, offer solutions, retain information and apply details to future situations
Intermediate ability to research and partner with team members to find accurate information
Proactive in finding ways to assist team members and streamline processes
Ability to maintain a high degree of confidentiality
Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities
Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills
Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values
Intermediate level proficiency with Microsoft Word, Excel (VLOOKUP, Pivot Tables), Teams, and Outlook
Bachelor’s degree in related field, or equivalent combination of education and experience required
1+ years general Human Resources or related experience required

Responsibilities

Administer incentive plan payments and manage centralized email inboxes including Incentive Processing, Compensation, and Payroll Support
Manage compensation inquiries from team members and provide timely responses as it relates to Branch and Customer Care offers. Manage tracking related to these items and track for trends in Compensation practices.
Review offer letters and ensure appropriate information is disseminated and processed
Create and update job profiles as requested and assist in reviewing job descriptions
Manage monthly stock grant process
Assist in leading the annual salary survey process; including, researching salary survey options and providing recommendations, collecting materials, submitting surveys and payments on-time, and uploading results to central market pricing application
Timecard coordination and pre-payroll administration, including adjustments and corrections
Process accurate and timely bi-weekly payroll
Process adjustments, manual checks, and payroll data files
Support payroll reporting, documentation, and audits
Audit payroll data and resolve issues before processing
Assist with compensation and payroll programs and processes as needed
Perform other duties as assigned