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Birmingham Job Opportunities

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Compensation Analyst

Regions Bank

Regions Bank

IT
Birmingham, AL, USA
Posted on Friday, May 17, 2024

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. Position focuses on administering defined procedures, analyses and report preparation.

Primary Responsibilities

  • Under direct supervision, administers Regions wage and salary administration programs
  • Creates and maintains job families, job summary descriptions and data maintained at the job level
  • Handles all administrative tasks relating to job creation, set up and recordkeeping
  • Performs job audits and researches pay practices and trends
  • Completes job evaluations to determine appropriate job classification in accordance with the Fair Labor Standards Act (FLSA)
  • Provides analysis of pay structure, market-based grades, and geographic differentials
  • Recommends and implements associate pay structures under the guidance of manager or senior consultant
  • Performs job evaluations and assigns appropriate pay structure
  • Analyzes information to develop a conceptual understanding of job descriptions, management levels and organizational structure
  • Participates in salary surveys

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, Finance, or related field

Preferences

  • Two (2) years of Compensation, Human Resources, or professional level banking experience

Skills and Competencies

  • Ability to research, analyze data, and derive facts
  • Adapts and works with a variety of situations, individuals, business leaders, and groups
  • Analytical skills
  • Attention to detail
  • Good communication skills both written and verbal
  • Must be able to work under pressure with strict deadlines
  • Organizational and time management skills
  • Strong Excel skills (i.e., formula’s, pivot tables, VLOOKUP, etc.)

This position may be filled at a higher level depending on the candidate’s qualifications and relevant experience.

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:

$47,637.60 USD

Median:

$68,290.00 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 Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate 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 Details

Regions Center

Location:

Birmingham, Alabama

Bring Your Whole Self to Work

We have a passion for creating an inclusive environment that promotes and values diversity of race, color, national origin, religion, age, sexual orientation, gender identity, disability, veteran status, genetic information, sex, pregnancy, and many other primary and secondary dimensions that make each of us unique as individuals and provide valuable perspective that makes us a better company and employer. More importantly, we recognize that creating a workplace where everyone, regardless of background, can do their best work is the right thing to do.

OFCCP Disclosure: Equal Opportunity Employer/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.