Birmingham, AL, USA
1 day ago
Compensation Analyst

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.

Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions’ Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.

Job Description:

At Regions, the Compensation Analyst assists in the implementation and administration of compensation programs.  Analysts at this level are accountable for regular reporting or process administration.  Responsible for following established guidelines and identifying and resolving problems.

Primary Responsibilities

Works independently to administer Regions wage and salary administration programsHandles all administrative tasks relating to job creation, set up and recordkeepingCreates and maintains job families, job summary descriptions and data maintained at the job levelPerforms job audits and researches pay practices and trendsProvides analysis of pay structure, market based grades, and geographic differentialsRecommends and implements associate pay structures under the guidance of manager or senior consultantCompletes job evaluations to determine appropriate job classification in accordance with the Fair Labor Standards Act (FLSA)Performs job evaluations and assigns appropriate pay structureAnalyzes information to develop a conceptual understanding of job descriptions, management levels and organizational structure Participates in salary surveysWorks with Compensation Consultants to determine peer cutsClearly documents sources, and organizes the information according to the research needsReceives a moderate level of guidance and direction

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay. 

Requirements

Bachelor's degree in Human Resources, Business, Accounting, or Finance and three (3) year’s experience in Compensation or closely related Human Resource experience

Skills and Competencies

Advanced Excel skills (i.e., formula’s, pivot tables, VLOOKUP, etc.)Excellent Communication skills both written and verbalHigh level of attention to detailMust be able manage complex data sets, analyze, and make recommendations to all levels of managementMust be able to adapt and work with a variety of situations, individuals, business leaders, and groupsMust be able to handle completing priorities and tasks in a timely mannerMust be able to listen, develop a consensus, and make an appropriate recommendationStrong organizational and time management skillsStrong problem solving, reasoning, and analytical skills; used higher level thought process

This position is intended to be onsite, now or in the near future. Associates will have regular work hours, including full days in the office three or more days a week.  The manager will set the work schedule for this position, including in-office expectations.  Regions will not provide relocation assistance for this position, and relocation would be at your expense.  

Position Type

Full time

Compensation Details

Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.

The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.

Job Range Target:

Minimum:

$66,843.15 USD

Median:

$88,740.00 USD

Incentive Pay Plans:

This job is not incentive eligible.

Benefits Information

Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.

Paid Vacation/Sick Time401K with Company MatchMedical, Dental and Vision BenefitsDisability BenefitsHealth Savings AccountFlexible Spending AccountLife InsuranceParental LeaveEmployee Assistance ProgramAssociate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions’ benefits, please click or copy the link below to your browser.


https://www.regions.com/welcometour/benefits.rf

Location DetailsRegions Center

Location:Birmingham, Alabama

Equal Opportunity Employer/including Disabled/Veterans

Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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