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Truist

Senior Associate Compensation Consultant

Career Insights for Compensation / Benefits Specialist

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What they do

A Compensation or Benefits Specialist evaluates and works to maintain the pay structure and benefits program at an organization. Analyzes wage and salary data and trends, monitors market conditions; works with benefits vendors, processes benefit claims for employees; monitors government employment regulations. May focus specifically on job classifications and compensation or on benefits programs such as pensions.

$66,762 / year median in Florida

+7% projected growth

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Job Description

  • The position is described below. If you want to apply, click the button at the top or bottom of this page. After you click and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.
  • Need Help? (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/Career\_site\_FAQ-1758133253710.pdf) _If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to_ Accessibility (careers@truist.com?subject=Accommodation%20request) _(accommodation requests only; other inquiries won't receive a response)._
  • Regular or Temporary:
  • Regular
  • Language Fluency:
  • English (Required)
  • Work Shift:
  • 1st shift (United States of America)
  • Please review the following job description:
  • Provides analytical and administrative support for incentive compensation programs and processes, including plan design, implementation, administration, and ongoing evaluation.
Conducts compensation analyses, assists with research and market data, and helps resolve incentive compensation-related inquiries under general supervision. Contributes to the effective delivery of incentive compensation programs that align with business objectives, market competitiveness, and organizational compensation strategies.
  • Position has in office expectations 5 days a week. Role can sit in Atlanta, GA, Orlando, FL or Charlotte, NC. This is NOT a remote opportunity.
  • ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.
  • 1.
Supports the administration of compensation programs, including salary structures, incentive plans, and pay policies. 2. Assists with compensation reviews covering base pay, short-term incentives, and other pay elements. 3. Conducts job analysis, job evaluation, classification, and market pricing activities with guidance. 4. Performs routine compensation analyses to support internal equity and market competitiveness. 5. Prepares compensation data, reports, and documentation for review by more senior compensation professionals. 6. Responds to compensation-related questions and requests from internal stakeholders within established guidelines. 7. Supports non-cash rewards and recognition programs through data analysis and program administration. 8. Assists with compensation projects or initiatives and completes assigned tasks within defined timelines. 9. Demonstrates understanding of compensation governance, controls, and regulatory considerations.
  • Qualifications
  • Required Qualifications
  • The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
  • 1. Bachelor's degree or equivalent education, training, and work-related experience. 2. Minimum of 3 years of professional experience in compensation, human resources, or a related discipline. 3. Working knowledge of compensation fundamentals, including job evaluation and market pricing concepts. 4. Proficiency in Microsoft Office applications, particularly Excel.
  • Preferred Qualifications
  • 1. Experience in the financial services industry. 2. Progress toward Certified Compensation Professional (CCP) designation. 3. Experience working with HRIS platforms and compensation data tools.
  • General Description of Available Benefits for
Eligible Employees of Truist Financial Corporation:
  • All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.
Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site (https://benefits.truist.com/) . Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.
  • _Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace._
  • EEO is the Law (https://www.
eeoc.gov/sites/default/files/2022-10/EEOC\_KnowYourRights\_screen\_reader\_10\_20.pdf) E-Verify (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/E-Verify\_Participation\_Poster-1757074518541.pdf) IER Right to Work (https://pp-cdn.phenompeople.com/CareerConnectResources/prod/TBJTBFUS/documents/IER\_RightToWorkPoster-1757074222028.pdf)

Benefits

  • Paid Time Off (PTO)
  • 401(k) Plans
  • Other Retirement and Savings
  • Health Insurance