Compensation Design Lead
Job Location:
Charlotte, NC - USA
Monthly Salary:
Posted:
Application Deadline:
Vacancies:
Job Summary
The position is described below. If you want to apply click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application youll 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.
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Regular or Temporary:
RegularLanguage Fluency: English (Required)
Work Shift:
1st shift (United States of America)**For this opportunity Truist will not sponsor an applicant for work visa status or employment authorization nor will we offer any immigration-related support for this position. This includes but is not limited to:
H-1B
F-1 OPT
F-1 STEM OPT
F-1 CPT
J-1
TN-1
TN-2
E-3
O-1
Future sponsorship for U.S. lawful permanent residence status
LOCATION:
Please note that candidate must be located in one of the following locations:
Charlotte NC - Preferred
Atlanta GA
Winston Salem NC
Truist in office requirement is 5 days per week. No full remote or relocation assistance available at this time.
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. Implements strategic compensation strategies and goals established by Senior Management and Executives.
2. Administers complex compensation programs covering base pay short-term and long-term incentives allowances deferred compensation sales compensation and/or rewards.
3. Directs job analysis evaluation classification benchmarking and market survey participation to ensure competitive and equitable compensation.
4. Develops and manages non-cash rewards and recognition programs to enhance teammate motivation and retention.
5. Collaborates with external consultants and vendors regarding compensation and rewards programs policies procedures and practices.
6. Reviews outcomes of competitive compensation assessments and makes recommendations to ensure internal equity and market competitiveness.
7. Manages major/complex compensation and rewards projects or processes that span across multiple teams.
8. Ensures compliance with all relevant regulatory requirements and accounting standards related to compensation.
9. Contributes to the development of goals for area of responsibility and works to achieve operational targets with major impact on divisional or departmental results.
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. Bachelors degree or equivalent education training and work-related experience.
2. Minimum of 10 years of demonstrated specialized and/or broad knowledge with Compensation or related discipline (Human Resources Finance etc.)
3. Strong knowledge of all aspects of compensation program design.
4. Project management experience.
Preferred Qualifications
Experience supporting or leading enterprise compensation cycles including annual compensation review (ACR) and mid-year compensation review (MCR) with familiarity in managing processes timelines and stakeholder communication.
Exposure to Total Rewards strategy development including contributing to the design or evolution of compensation programs in partnership with cross-functional teams.
Strong communication and facilitation skills with demonstrated experience presenting to senior leaders leading manager sessions or trainings and delivering a consistent high-quality stakeholder experience.
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 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 Truists generous benefit plans please visit our Benefits site. Depending on the position and division this job may also be eligible for Truists 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.
Required Experience:
Senior IC
About Company
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