Compensation Specialist

Job description

Company Federal Reserve Bank of Philadelphia The Federal Reserve Bank of Philadelphia is one of the 12 regional Reserve Banks that, together with the Board of Governors in Washington, D.C., make up the Federal Reserve System. It helps formulate and implement monetary policy, supervises banks and bank and savings and loan holding companies, and provides financial services to depository institutions and the federal government. The Federal Reserve Bank of Philadelphia serves eastern and central Pennsylvania, southern New Jersey, and Delaware. You will design, implement, and administer compensation programs including job evaluation, salary administration, variable pay and job offers. You oversee the Bank's participation in various compensation surveys. You administer Bank's job evaluation program for exempt and nonexempt positions. Serve as a subject matter expert and consults with senior leaders to support department goals. You will report to the AVP, Human Resources Business Partner. What You Will Do: You ensure equitable and competitive salaries for all employees by developing and administering exempt and nonexempt salary programs. Maintain an effective job evaluation system by asse...