About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

Annual Salary: $70,500.00 - $83,000.00 (Amount based on relevant experience, skills, and competencies.)

About This Job

The main purpose of this job is to work closely with our Human Resources partners to support business leaders through implementing, communicating and administering compensation programs that support our “pay for performance” and “total rewards” compensation philosophy. This role will also partner with incentive plan administrators across the organization to process incentive payments and may provide general support to the compensation team.

Essential Functions

Partner with HR partners and business leaders to support small to medium sized departments.  Understand compensation needs and provide consultation

Assist in leading the annual salary survey process; including, researching salary survey options and providing recommendations, collecting materials, submitting surveys and payments on-time, and uploading result to central market pricing application

Lead small to medium sized projects and administer compensation programs of low to moderate complexity

Conduct job evaluations; review job descriptions and market price low to moderately complex jobs using best practices; provide proper FLSA classification in compliance with Department of Labor regulations.

Administer incentive plan payments and manage incentive centralized email box

Manage monthly stock grant process

Assist with compensation programs and processes as needed

Proactively recommend and assist in implementing process improvements to enhance efficiencies and consistency

Perform other duties as assigned

Knowledge, Skills & Abilities Required

Solid understanding, or ability and desire to learn, current compensation best practices and a keep pulse on evolving practices

Proficient knowledge, or ability to learn FLSA and other applicable employment laws

Ability to partner with the business to design solutions that appropriately balance the business need with sound compensation practices, while considering impact across the organization

Highly collaborative team player who proactively identifies and drives process improvements

Ability to accurately research, analyze and synthesize information, draw conclusions and recommend creative solutions

Detail driven with the ability to see and incorporate the broader picture

Solid ability to ask probing questions, retain information and apply details to future situations

Motivated and organized self-starter with strong attention to detail and the ability to manage and prioritize multiple priorities and projects.  Ability to meet deadlines in a fast-paced, dynamic and team environment.

Inquisitive, agile and strong team player with excellent written, verbal and interpersonal communication skills

Ability to work with all levels across the organization to lead discussions, influence, negotiate, and effectively build consensus and trust

Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

Must be able to maintain a high degree of confidentiality

Intermediate level proficiency with Microsoft Word, Outlook, PowerPoint and Excel (VLOOKUP, Pivot Tables)

Education & Experience

Bachelor’s degree in related field, or equivalent combination of education and experience required

3+ years Compensation experience required

Experience using Workday preferred

CCP, PHR and SHRM-CP certifications preferred

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Compensation Consultant I job and contemplates a wide range of factors that are considered in making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $70,500 to $83,000 annually.  

#LI-Hybrid

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Click here to learn more.

Location: 8000 Forsyth Blvd, Clayton, Missouri 63105

Time Type:

Full time