Compensation Partner at U.S. Bank

Minneapolis, Minnesota, United States -

Full Time

Start Date

Immediate

Expiry Date

05 Apr, 26

Salary

124000.0

Posted On

05 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compensation Programs, Job Evaluations, Salary Guidelines, Compensation Policies, Employment Issues, Compensation Training, Analytical Skills, Problem-Solving Skills, Interpersonal Skills, Communication Skills, Human Resources Knowledge, Government Regulations, Process Facilitation, Business Literacy, Credibility, Market Pricing

Industry

Banking

Description

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 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. 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 (3) or more days per week. If there’s anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to our disability accommodations for applicants. 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. 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. E-Verify U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about the E-Verify program. 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: $105,400.00 - $124,000.00 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, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures. Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies. Posting may be closed earlier due to high volume of applicants. 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.

Responsibilities

Consultants manage relationships with HR Business Partner groups and Line of Business managers, focusing on designing incentive plans and providing compensation guidance. They also advise on employment issues and may deliver compensation training.