Compensation Manager

At First PREMIER Bank and PREMIER Bankcard, we’ve created a culture that emphasizes personal success, respect, health, and wellness, fun and giving back.

This is an environment where you will be rewarded, valued, and celebrated for your hard work.

We offer a robust and expanded package of health benefits, incentives, paid time off and growth and career advancement opportunities.

We celebrate our employees and show our appreciation with private concerts, outdoor bashes, cash and car giveaways and more! See some of our epic celebrations and employee recognitions.

Considered one of the nation’s strongest financial organizations, we’ve achieved our success by embodying the views and values of The PREMIER Way. From our CEOs to the newest hires, we all follow these shared views and values to guide us on how to treat our customers, co-workers and communities.

The PREMIER Way also serves as a roadmap on how to be successful inside and outside of the workplace.

We believe in investing in our employees, their families and our communities.

Job Description:

Location: Sioux Falls, SD 

Shift: M-F 8am-5pm
Job Status: Full-Time
Company: PREMIER Bankcard

About the Role

The Compensation Manager is responsible for managing the compensation function for First PREMIER Bank and PREMIER Bankcard.

This role is responsible for planning, developing, and implementing new and existing compensation programs, policies, and procedures to align with PREMIER’s compensation philosophy.

This position is also responsible for ensuring that company compensation programs are consistently administered and identify additional best practices in compliance with government regulations and company practice.

Job Duties and Responsibilities

Essential duties and responsibilities include the following.

Other duties may be assigned.


* Implements and is responsible for the compensation strategy by researching best practices and trends and perform analysis on effectiveness, competitiveness, and perceived value that ensures base pay, incentive pay, and performance management programs.


* Monitors the effectiveness of existing compensation practices and recommends changes that are cost-effective and consistent with compensation trends and corporate objectives.


* Provides consultation to department managers on pay decisions, policy interpretations, and job evaluations.


* Responsible for HCM (Workday) administration by partnering with internal and external HR functional groups to evaluate compensation HCM needs, development, configuration, implementation, support, and maintenance to meet changing demands and provide reporting data efficiently and timely.


* Administers compensation functions including salary survey participation and conducts market pricing analysis.


* Lead job evaluations, assignment of job code and pay grade, salary structure development, incentive plan design, and associated analysis.


* Maintain high-quality and consis...