Compensation Supervisor supervises a team working on compensation plans and programs and related analysis. Oversees common compensation projects, including survey participation, job evaluation, salary structure development, incentive plan design, pay program administration and other associated initiatives. Being a Compensation Supervisor ensures that compensation plans and programs are consistent with organizational policies and all applicable federal and state laws. Maintains salary structures and company compensation policies. Additionally, Compensation Supervisor is responsible for survey participation and compensation analysis. Requires a bachelor's degree. May require a Certified Compensation Professional (CCP) certification. Typically reports to a manager. The Compensation Supervisor supervises a group of primarily para-professional level staffs. May also be a level above a supervisor within high volume administrative/ production environments. Makes day-to-day decisions within or for a group/small department. Has some authority for personnel actions. To be a Compensation Supervisor typically requires 3-5 years experience in the related area as an individual contributor. Thorough knowledge of functional area and department processes. (Copyright 2024 Salary.com)
Primary Purpose of Job
Manages the development, delivery, and administration of the Bank’s compensation programs (includes but not limited to base, bonus, commission, sales incentives). Serves as a compensation subject matter expert in the design and delivery of competitive compensation initiatives to drive high performance, attract and retain top talent.
Major Job Accountabilities
Experience Required
Required Skills or Training
EOE, including disability/veterans
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