Compensation Consultant

U.S. Bank • Minneapolis, MN

1d • Hybrid

About The Position

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.

Requirements

• Bachelor's degree, or equivalent work experience
• 10 or more years of related compensation program or relevant experience
• Considerable knowledge of Human Resources policies for the assigned area
• Advanced knowledge of government regulations which apply to the compensation area (e.g., FLSA)
• Advanced knowledge of Human Resources competencies
• Ability to develop business literacy and credibility to help business line(s) proactively identify and address changing workforce needs
• Strong process facilitation, analytical and problem-solving skills
• Proficient computer skills, especially word processing, spreadsheets, databases, and presentations
• Excellent interpersonal, written and verbal communication skills

Responsibilities

• 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
• Providing guidance on employment issues (e.g., FLSA and other wage and hour issues)
• Design/deliver compensation training
• Work with the LOBs & HRBPs on reorganizations, job design/redesign, job evaluation/market pricing, exemption status determination, etc.

Benefits

• 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

What This Job Offers

• Job Type: Full-time
• Career Level: Senior