Compensation Consultant
This role will be responsible for providing a comprehensive range of compensation consulting services for First Horizon. This role actively collaborates with management, HR business partners, accounting, finance, and legal teams to drive initiatives and implement strategies addressing market prices, trends, challenges, regulatory updates, and compensation requests.
Key responsibilities include, but are not limited to :
- Compensation Collaboration and Consultation
- Collaborate with enterprise partners to address compensation issues and contribute on special compensation projects.
- Consult on job evaluations, leveraging market data and internal evaluations to provide insightful recommendations.
- Serve as the primary contact for day-to-day compensation matters for leaders and associates.
Data Management and Analysis
Contribute to the management and analysis of complex data models using various databases and MS Office tools, interpreting findings to formulate strategic recommendations and actions.Manage and maintain the job description database and compensation structure.Participate in benchmarking and compensation surveys for data-driven insights.Compensation Planning and Administration
Partner in administering the compensation planning process, covering merit, bonus, and equity plans.Prepare comprehensive quantitative reports for management and executive review.Serve as a backup for the administration of equity plans, providing support to ensure seamless execution and alignment with compensation strategies.Communication and Training Development
Develop communication and training materials regarding pay policies and compensation programs.Prepare and conduct formal presentations tailored for executive, management, and associate audiences.HR Process Development and Innovation
Engage in ongoing development, validation, and enhancement of HR processes and systems.Document and uphold standard operating procedures and workflows for business functions / processes, ensuring alignment with current and emerging HR trends.Data Integrity and Confidentiality
Upholds and ensures the integrity, accuracy, and confidentiality of all human resource data.Conduct audits to ensure the quality and reliability of data, guaranteeing compliance with relevant standards and practices.Qualifications
BS / BA in Business, Finance or Accounting2-4 years of experience in compensation or equivalent combination of education and experience that exhibits the ability to perform critical functions of the positionEquity administration experience preferredStrong analytical, problem-solving, planning, and project management skillsAdvanced proficiency in MS Excel, Word and PowerPointExcellent oral, written and interpersonal communication skillsKnowledge of all employment laws and regulations (e.g., FLSA, EEO, FMLA)Ability to prioritize and handle several projects in a fast paced environmentAbility to remain flexible and adaptable in instances of change or ambiguityHighly self-motivated, detail oriented with strong organizational skillsExcellent attention to detail and accuracyAbout Us
First Horizon Corporation is a leading regional financial services company, dedicated to helping our clients, communities and associates unlock their full potential with capital and counsel. Headquartered in Memphis, TN, the banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The Company and its subsidiaries offer commercial, private banking, consumer, small business, wealth and trust management, retail brokerage, capital markets, fixed income, and mortgage banking services. First Horizon has been recognized as one of the nation's best employers by Fortune and Forbes magazines and a Top 10 Most Reputable U.S. Bank.
Benefit Highlights
Medical with wellness incentives, dental, and visionHSA with company matchMaternity and parental leaveTuition reimbursementMentor program401(k) with 6% matchMore FirstHorizon.com / First-Horizon-National-Corporation / Careers / Our-BenefitsEqual Opportunity Employer / Protected Veterans / Individuals with Disabilities