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The PositionJob TitleCompensation SpecialistJob DescriptionWe are seeking a detail-oriented Compensation Specialist to support the administration and execution of our compensation programs. This role is ideal for someone with experience in compensation, who thrives in a collaborative, service-oriented environment.
As a member of the Compensation team, you will support the day-to-day compensation operations, conduct job evaluations and market analysis, and act as a resource for HR Business Partners and business leaders. Your work will help ensure consistency, equity, and compliance across our compensation practices.
MAJOR DUTIES AND RESPONSIBILITIES- Assist with the implementation and administration of base pay, bonus, and other compensation programs
- Conduct job evaluations, benchmarking, and market pricing using salary survey data.
- Maintain and audit compensation data within HRIS and ensure accurate reporting for internal use and compliance.
- Support annual compensation processes including salary structure updates, merit cycles, and incentive programs.
- Collaborate with HRBPs to advise on market ranges, job classifications and offer recommendations.
- Respond to compensation-related inquiries from HR and business leaders, providing exceptional customer service.
- Prepare compensation reports and dashboards to support leadership decision-making.
- Ensure compensation practices comply with internal policies and relevant regulations.
- Assist in the development, documentation, and communication of compensation policies and procedures.
- Support compensation-related compliance and reporting (e.g., pay equity, EEO, FLSA audits).
- Bachelor’s degree in Human Resources, Business, Finance, or a related field.
- 2+ years of experience in compensation or relevant Human Resources role.
- Must have a working understanding of compensation principles, practices, labor laws, and regulations related to compensation is critical for success in this role.
- Proficiency in Excel and strong analytical capabilities; experience with compensation systems or survey tools preferred.
- Strong attention to detail and ability to manage confidential information with discretion.
- Excellent communication and interpersonal skills, with the ability to explain complex data to non-technical audiences.
- Certification or coursework in compensation (e.g., CCP, SHRM-CP/PHR) is a plus.
- Experience with Workday, Payfactors, or similar compensation management tools.
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If any applicant is unable to complete an application or respond to a job opening because of a disability, please email us at HR@firstunitedbank.com for assistance.
First United is an Equal Opportunity Employer. To the extent required by Federal or State law, First United does not discriminate in employment opportunities or practices on the basis of race, color, religion, sex, national origin, or any other characteristic protected by law.Top Skills
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