Compensation Consultant

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.

About the role

Consultants manage the relationship with their assigned HR Business Partner (HRBP) groups and Line of Business (LOB) managers. Responsibilities include:

• 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)
• Designing/delivering compensation training
• Working 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

Preferred Skills/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

Location Expectations

This role will require three (3)+ days per week onsite at one of the listed U.S. Bank hub locations.

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. Our benefits include:

• 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

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements).

Pay Range: $119,765.00 - $140,900.00