Sr. Total Rewards Analyst
CompanyFederal Reserve Bank of San FranciscoWhile the SF Fed is a Reserve Bank, we're not what you might expect.
We're unreserved here.
That means we seek new and diverse perspectives.
We spark conversations and encourage debate.
We build opportunity.
We pursue careers that are true to ourselves.
We are looking for people who want to help our country reach its full economic potential.
When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone.
The Strategy, People
Culture organization has a phenomenal opportunity for a Sr.
Total Rewards Analyst to join our People Rewards team! In this critical role, you will participate on a team of four on a variety of compensation related activities.
Our ideal candidate has some solid experience in compensation analysis and also some general HR work experience.
You are a proven communicator and collaborator who holds yourself to a high standard of accuracy, and accountably.
The quality of your work product is important to you.
You are also a standout colleague who is willing to jump in and help your teammates when they need you.
Is it time to apply your time and talents in a mission-driven organization that is working to improve the lives of people in the local community? If so, we need you here!Essential
Responsibilities:
Perform in-depth market pricing and evaluation of new roles/jobs requests.
Provide compensation and benefits analytics - ensure data integrity, set up and conduct analyses, and present results in various formats.
Develop compensation modeling and methodology.
Design and run surveys and study labor markets to determine compensation trends, analyze jobs, work with and combine survey data to measure the competitiveness of the Bank's compensation and benefits plans.
Review job descriptions and specifications; apply job evaluation techniques to establish compensation rates that are internally equitable and market competitive.
Work with market data and People Rewards team to benchmark and stay current on industry trends and norms.
Maintain semi-monthly/monthly/quarterly incentive payment, promotions, equity analysis and calculate required financial reports for payroll and accounting.
Coordinate and support benefit events, programs and wellness initiatives.
Provide analytical support and modeling of benefit plan design costs.
Actively support HR team members and identifies opportunities to utilize system and improve current business processes.
Develop and maintain process documentation to ensure consistent accurate and repeatable processes.
Requirements:
Bachelor's degree or equivalent experience.
Typically requires five years of related experience (can be in a combination of compensation or general human resources, or highly analytical work).
Comprehensive Excel skills and excellent Microsoft Office skills.
Helpful:
Experience in using major compensation surveys, (Mercer, Radford, Towers) and experience participating in and submitting salary surveys.
Experience with market pricing tool, Marketpay and or other compensation platform experience.
Experience with Workday and analytical tools#LI-HybridBase Salary Range:
Min:
$94,800 Mid:
$123,100 Max:
$151,400 (Location:
San Francisco)Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and alignment with geographic market data.
At the Federal Reserve Bank of San Francisco, we offer a wonderful benefits package including:
Medical, Dental, Vision, Pretax Flexible Spending Account, Paid Family Leave Care, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and an unheard of Retirement / Pension.
At the SF Fed, we believe in the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve.
The SF Fed is an Equal Opportunity Employer.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryHuman ResourcesWork ShiftFirst (United States of America)The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Privacy Notice Recommended Skills Business Processes Calculations Communication Data Analysis Human Resources Microsoft Office Estimated Salary: $20 to $28 per hour based on qualifications.
We're unreserved here.
That means we seek new and diverse perspectives.
We spark conversations and encourage debate.
We build opportunity.
We pursue careers that are true to ourselves.
We are looking for people who want to help our country reach its full economic potential.
When you join the SF Fed, you join a team of people working together to promote an inclusive economy that works for everyone.
The Strategy, People
Culture organization has a phenomenal opportunity for a Sr.
Total Rewards Analyst to join our People Rewards team! In this critical role, you will participate on a team of four on a variety of compensation related activities.
Our ideal candidate has some solid experience in compensation analysis and also some general HR work experience.
You are a proven communicator and collaborator who holds yourself to a high standard of accuracy, and accountably.
The quality of your work product is important to you.
You are also a standout colleague who is willing to jump in and help your teammates when they need you.
Is it time to apply your time and talents in a mission-driven organization that is working to improve the lives of people in the local community? If so, we need you here!Essential
Responsibilities:
Perform in-depth market pricing and evaluation of new roles/jobs requests.
Provide compensation and benefits analytics - ensure data integrity, set up and conduct analyses, and present results in various formats.
Develop compensation modeling and methodology.
Design and run surveys and study labor markets to determine compensation trends, analyze jobs, work with and combine survey data to measure the competitiveness of the Bank's compensation and benefits plans.
Review job descriptions and specifications; apply job evaluation techniques to establish compensation rates that are internally equitable and market competitive.
Work with market data and People Rewards team to benchmark and stay current on industry trends and norms.
Maintain semi-monthly/monthly/quarterly incentive payment, promotions, equity analysis and calculate required financial reports for payroll and accounting.
Coordinate and support benefit events, programs and wellness initiatives.
Provide analytical support and modeling of benefit plan design costs.
Actively support HR team members and identifies opportunities to utilize system and improve current business processes.
Develop and maintain process documentation to ensure consistent accurate and repeatable processes.
Requirements:
Bachelor's degree or equivalent experience.
Typically requires five years of related experience (can be in a combination of compensation or general human resources, or highly analytical work).
Comprehensive Excel skills and excellent Microsoft Office skills.
Helpful:
Experience in using major compensation surveys, (Mercer, Radford, Towers) and experience participating in and submitting salary surveys.
Experience with market pricing tool, Marketpay and or other compensation platform experience.
Experience with Workday and analytical tools#LI-HybridBase Salary Range:
Min:
$94,800 Mid:
$123,100 Max:
$151,400 (Location:
San Francisco)Final salary and offer will be determined by the applicant's background, experience, skills, internal equity, and alignment with geographic market data.
At the Federal Reserve Bank of San Francisco, we offer a wonderful benefits package including:
Medical, Dental, Vision, Pretax Flexible Spending Account, Paid Family Leave Care, Backup Child Care Program, Pretax Day Care Flexible Spending Account, Vacation Days, Sick Days, Paid Holidays, Pet Insurance, Matching 401(k), and an unheard of Retirement / Pension.
At the SF Fed, we believe in the diversity of our people, ideas, and experiences and are committed to building an inclusive culture that is representative of the communities we serve.
The SF Fed is an Equal Opportunity Employer.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment.
Full Time / Part TimeFull timeRegular / TemporaryRegularJob Exempt (Yes / No)YesJob CategoryHuman ResourcesWork ShiftFirst (United States of America)The Federal Reserve Banks believe that diversity and inclusion among our employees is critical to our success as an organization, and we seek to recruit, develop and retain the most talented people from a diverse candidate pool.
The Federal Reserve Banks are committed to equal employment opportunity for employees and job applicants in compliance with applicable law and to an environment where employees are valued for their differences.
Privacy Notice Recommended Skills Business Processes Calculations Communication Data Analysis Human Resources Microsoft Office Estimated Salary: $20 to $28 per hour based on qualifications.
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