Compensation Analyst

Compensation Analyst

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. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

Analyzes and maintains various types of compensation information. Participates in compensation surveys, prepares job descriptions, conducts job analyses, evaluates jobs by pricing them in the market and examining comparable jobs within the company, and prepares and analyzes survey data. May develop, recommend, write and monitor compliance with compensation processes and / or procedures. Responsible for the development, implementation, and administration of assigned Compensation projects / programs such as determining incentive accrual pools, merit budget pools, long term incentive pools, and developing new salary ranges. Works with Compensation consultants on developing presentations of findings and may participate with the consultant in the delivery of results / recommendations to customers. May develop communications plans and formal communications to managers and / or employees.

Basic Qualifications

Bachelor's degree, or equivalent work experience

Two to five years of relevant experience

Preferred Skills / Experience

Thorough knowledge of advanced math / statistics, financial analysis or related skills / knowledge

Proficient computer navigation skills using a variety of software packages including Microsoft Office applications

Effective verbal and written communication skills

Compensation or Human Resources experience

Certified Compensation Professional (CCP)

MarketPay skills are desirable

This role requires working from a U.S. Bank location three (3) or more days per week.

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following (some may vary based on role, location or hours) :

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

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

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 : $71,400.00 - $84,000.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws.