Compensation Specialist

Benefits Overview

A career at CoBank can offer you the opportunity to make a personal impact on the people and communities where we do business. In order to be the best, we hire the best!

Remarkable Benefits Offered by CoBank

• Careers with a purpose
• Time-Off Packages, 15 days of vacation, 10 paid sick days and 11 paid holidays
• Competitive Compensation & Incentive
• Hybrid work model: flexible arrangements for most positions
• Benefits Packages, including Medical, Dental and Vision coverage, Disability, AD&D, and Life Insurance
• Robust associate training and development with CoBank University
• Tuition reimbursement for higher education
• Outstanding 401k: up to 6% matching and additional 3% non-elective contribution & Student Loan Match
• Community Impact: United Way Angel Day, Volunteer Day and Associate Directed Contribution
• Associate Resource Groups: creating a culture of respect and inclusion
• Recognize a fellow associate through our GEM awards

Job Description

Supports the Compensation team in the administration and maintenance of compensation programs, processes, and data. Assists with compensation reporting, data audits, job description administration, salary survey support, and compensation-related research activities. Maintains compensation systems, updates career architecture information, and prepares standard reports, presentations, and analyses for the Compensation team and Human Resources partners. Responds to inquiries from people leaders, associates and other HR team members.

Essential Functions

• Supports the administration and maintenance of compensation data within HRIS and compensation systems to ensure data accuracy and integrity.
• Assists with the preparation and distribution of standard compensation reports, dashboards, presentations, and ad hoc analyses.
• Conducts data audits to identify discrepancies and support data quality initiatives.
• Assists with annual compensation processes including merit, bonus, and promotional cycle preparation activities.
• Supports the review and update of job descriptions, job titles, and related documentation to ensure consistency and alignment with established job architecture standards.
• Assists with maintaining compensation-related content on internal websites, shared resources, and documentation repositories.
• Conducts information searches and gathers market data related to salaries, job classifications, compensation trends, and benchmarking activities.
• Supports salary survey participation activities including data gathering, formatting, submission, and tracking.
• Creates and maintains process documentation, tracking logs, and standard operating procedures for compensation activities.
• Supports compensation projects and process improvement initiatives through research, data and presentation preparation, testing, and administrative coordination.
• Partners with members of the Human Resources team to support compensation operations and service delivery.
• Responds to routine compensation-related questions from people leaders, associates, and Human Resources team members by providing information based on established guidelines and procedures.

Education

• Bachelor's Degree in Human Resources, Business Administration, Finance, Analytics, or a related field required. required
• Bachelor's degree may be substituted with related experience, or an equivalent combination of education and related experience.

Work Experience

• 1 year of related experience in compensation, human resources, data analytics, finance, or administrative operations preferred
• 1 year of experience working with spreadsheets, reporting tools, or HR systems preferred
• Basic knowledge of compensation principles, human resources practices, and data management concepts.
• Strong attention to detail and ability to maintain accurate and organized records.
• Demonstrated experience with working with data and reports.
• Proficiency in Microsoft Excel, Word, PowerPoint, and related business applications.
• Ability to follow established procedures and manage multiple tasks with accuracy and timeliness.
• Effective written and verbal communication skills. Customer service mindset.
• Ability to build collaborative working relationships within Human Resources and across business teams.
• Ability to handle sensitive and confidential information appropriately.
• Ability to assist and implement process improvements, evaluate issues, identify possible solutions

Physical Exertion Details

Sedentary Exerting up to 10 pounds of force occasionally (Occasionally: activity or condition exists up to 1/3 of the time) and/or a negligible amount of force frequently (Frequently: activity or condition exists from 1/3 to 2/3 of the time) to lift, carry, push, pull, or otherwise move objects, including the human body. Sedentary work involves sitting most of the time, but may involve walking or standing for brief periods of time. Jobs are sedentary if walking and standing are required only occasionally and all other sedentary criteria are met.

Travel Requirement Details

Occasional Travel occurs infrequently (typically, once a month or less).

About CoBank

The typical base pay range for this role is between $58,100 - $66,500. Compensation may vary based on individual job-related knowledge, skills, expertise, and experience. This position is eligible for a discretionary annual incentive program driven by organization and individual performance.

The listed salary, other compensation and benefits information is accurate as of the date of this posting. This job will be posted for a minimum of five (5) business days or until the position is filled. CoBank reserves the right to adjust compensation for all positions and to modify or discontinue benefits programs at any time in its sole discretion, subject to applicable law.

CoBank is a cooperative bank serving vital industries across rural America. The bank provides loans, leases, export financing and other financial services to agribusinesses and rural power, water and communications providers in all 50 states. The bank also provides wholesale loans and other financial services to affiliated Farm Credit associations serving more than 76,000 farmers, ranchers and other rural borrowers in 23 states around the country. CoBank is a member of the Farm Credit System, a nationwide network of banks and retail lending associations chartered to support the borrowing needs of U.S. agriculture, rural infrastructure and rural communities. Headquartered outside Denver, Colorado, CoBank serves customers from regional banking centers across the U.S. and also maintains an international representative office in Singapore.

REASONABLE ACCOMMODATION

We are committed to ensuring that our online application process provides an equal employment opportunity to all applicants, including qualified individuals with disabilities. If you are an applicant with a disability, or are assisting an applicant with a disability, and require accessibility assistance or would like to request a reasonable accommodation for any aspect of the application process, including completing an application, interviewing, or otherwise participating in the employee selection process, please submit a request by emailing View email address on click.appcast.io. Include your contact information and specific details about your requested accommodation.

Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.

CoBank is an Equal Opportunity Employer.

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, national origin, disability, or status as a protected veteran.