Compensation Analyst I/II/Sr.

Company

Federal Reserve Bank of Atlanta

As an employee of the Atlanta Fed, you will help support our mission of promoting the stability and efficiency of the U.S.

economy and financial system.

Your work will affect the economy of the Southeast, the United States, and the world.

The work we do here is important, and how we do it is just as important as what we do.

We live our values of integrity, excellence, and respect every day.

We do the right thing, we do things right, and we treat people right.

A career at the Federal Reserve Bank of Atlanta gives you the chance to do work that touches lives and helps communities prosper.

Job Description:

Conducts market and internal research to provide data-driven recommendations on compensation programs to ensure the organization remains competitive.

Provide guidance to division stakeholders and HR partners in the planning, development, implementation, and administration of compensation and job architecture initiatives/policies/processes that support the division and overall business strategy.  Develops, analyzes, and recommends improved compensation strategies that provide solutions to issues in creative and effective ways.

Key Responsibilities:


* Under general direction, review, evaluate, and determine the market value for new and existing jobs; advise and make recommendations to division management on compensation best practices.


* Manage annual salary administration processes such as merit, equity, promotion, and variable pay; collect, analyze, and summarize data to support business decisions; provide data that is congruent, reliable, and can be easily utilized by the business line.


* Participate in salary submission efforts including loading survey data into the market-pricing system, maintaining accurate survey and market data, and ensuring timely approval of invoices for payment.


* Maintains accuracy of job and employee data by conducting routine audits ensuring accurate titling, salary grades, job levels, and other data points.


* Participates in the design and development of compensation dashboards, analytic reports and data visualizations using various reporting tools such as Tableau.

Manages multiple simultaneous data and reporting projects.


* Provides analytical support to the department and senior leaders; prepares analyses and reports of key department performance measures; performs research and analysis needed to respond to requests for information for key stakeholders.


* Assist in drafting, applying, and maintaining salary structures that support the organization’s compensation philosophy; review compensation data and practices to ensure competitive pay approach. 


* Addresses basic to complex compensation questions using advanced knowledge of total rewards; generate, review, and audit various job and compensation-related reports ensuring compliance with regulatory requirements.


* Provide systems support for Workday action items and repo...