Compensation Consultant
About the role
Consultants manage the relationship with their assigned HR Business Partner (HRBP) groups and Line of Business (LOB) managers. These jobs are responsible for designing and redesigning incentive plans, conducting 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 such as FLSA and other wage and hour issues. Consultants may also design and deliver compensation training, work with the LOBs and HRBPs on reorganizations, job design and redesign, job evaluation and market pricing, and exemption status determination.
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 three or more days per week.
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
Pay
$98,175.00 - $115,500.00