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Compensation Analyst

Company: Bell Bank
Location: Fargo
Posted on: June 24, 2022

Job Description:

Compensation Analyst
If you like to work with people in a family atmosphere, enjoy great benefits and provide unequaled personal service to every customer, consider a career with Bell Bank.
Company Information:
Bell Bank was founded in 1966 and headquartered in Fargo, North Dakota and has more than $10 billion in assets. Bell is the 6 th largest privately owned bank in the nation. Bell Bank has full-service banking locations in North Dakota, Minnesota and Arizona. Bell has empowered more than $18 million in charitable giving through its unique Pay It Forward initiative, through which every employee chooses each year how to help individuals, families and organizations in need.

Bell Bank has been recognized as a top workplace by American Banker, Forbes and Fortune .
If you want to work for an established, growing, forward-looking organization with world-class employees, this is the place for you. Let Bell Bank be your destination workplace.
Bell's Values:
As stewards, dedicated to the growth and reputation of this independently owned organization, we are committed to:
Promoting and sustaining our family atmosphere.
Providing unequaled personal service to each and every customer.
"Paying it forward" by giving back to the communities we serve.
Our Bottom Line:
Happy Employees! Happy Customers!
Job Summary:
The Compensation Analyst will collaborate with hiring managers, research job requirements and evaluate job descriptions and positions to ensure the company is competitive in the areas of salaries bonus structures and benefits.
Primary Duties:
Prepares and maintains job descriptions for each position in the organization; collaborates with managers to ensure job descriptions accurately reflect the duties, responsibilities and skills required by the job
Assesses jobs and their respective duties to determine classification as exempt or nonexempt along with the appropriate salary range
Benchmarks jobs against survey data and other market intelligence to determine competitive compensation ranges for each position
Prepares and maintains job classifications and salary scales
Coordinates the annual compensation increases process, including assisting with manager training and instruction
Collaborates with payroll to ensure accurate pay for new hires, promotions and annual compensation changes
Set ups HRIS system with job titles, pay grades etc and ensure an efficient and seamless process for posting new roles
Prepares and presents summary reports of job analysis and compensation analysis information
Gathers data from market-based compensation surveys; uses spreadsheet and data analysis techniques to assess results and market trends
Ensure new roles are budgeted
Collaborates with HR leaders and executive team to create competitive, cost-effective benefits packages for the organization
Advises on applicable state and federal employment regulations, benefits and compensation policies, human resource procedures, and collective agreements
Provides support and analysis for audits
Services the hiring managers within the expected Service Level Agreements.
Provides back up support for other functions of HR when needed
Assist with special projects
Job Skills Required:
Three to five years of experience with compensation analysis.
Banking experience preferred.
Extensive knowledge of quantitative and qualitative research methods.
Extensive knowledge of human resource laws, regulations and best practices.
Excellent written and verbal communication skills.
Excellent organizational, communication and time management skills.
Excellent with Microsoft Office Suite or similar software, specifically Excel
Bachelor's degree in Human Resources or related field required.
SHRM-CP or SHRM-SCP preferred.
Certified Compensation Professional certification required.
Location:
Fargo, ND

Bell Bank provides competitive compensation and an excellent benefits package.

Bell Bank
Equal Opportunity Employer

PI181976388

Keywords: Bell Bank, Fargo , Compensation Analyst, Professions , Fargo, North Dakota

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