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HomeStreet Bank Compensation Analyst II, Human Resources (Downtown - Seattle, WA) in Seattle, Washington

Salary Range: $67,000.00 - $107,200.00 (Depending on knowledge, skills, abilities and location. Certain level jobs may be eligible for bonus, commission, and/or equity awards.) Posting Date: December 13, 2024 This job will be open and accepting applications for a minimum of three days from the date it was posted. Benefits* worth writing home about: Medical, dental, and vision coverage for employees and their families Life, disability and family Leave 401(k) and Roth 401(k) with employer match Wellness program, employee assistance program, "Commute Trip Reduction" (CTR) and various employee discounts Generous vacation, sick leave, 11 paid holidays, and 16 hours of paid leave every year for community service work Free employee checking account and employee home loan discounts *For eligible employees averaging 20 or more hours per week. EO/AA Employer including Vets and Disabled. Qualified applicants with arrest and conviction records will be considered in accordance with legal requirements. If you are a California resident, you may be entitled to certain rights regarding your personal information, which is information that identifies, relates to, or could reasonably be linked with a particular California resident or household. Additional information about our data collection practices and location specific notices is available on our privacy policy. California applicants may click this link Fair Chance Ordinance for Los Angeles County to see additional information. Job Description Summary: Responsible for providing analysis and administration support to the Company's pay practices, ensuring employee pay is competitive and retains top talent. This role supports the Human Resources team and provides excellent customer service to HomeStreet's internal clients. Job Details: ESSENTIAL FUNCTIONS: Participate in and analyze results of salary surveys to determine organization's market relationship and ensure jobs and salary ranges are appropriately set. Analyze competitive salary data to support pay decisions and recommendations. Facilitate compensation and promotion requests. Assist managers with proposed changes, obtain necessary approvals and ensure changes are submitted in a timely manner. Review, update, and maintain organization-wide job descriptions. Partner with Recruiting, HR Business Partners and/or Managers on new or revised job descriptions. Determine appropriate job grading for new or revised jobs, ensuring internal consistency and market competitiveness. Ensure proper FLSA classification of jobs and that pay levels are compliant with state and federal minimum wage. Document job evaluation requests and results. Responsible for preparation of incentive plans. Adhere to incentive plan creation or modification process and prepare summaries & recommendations. Manage compensation plan assignments and job profiles in Workday. Create new or modify existing plan assignments and job profiles as needed. Provide equity plan administration support related to new award agreements, vesting transactions, and termination of existing award agreements. Provide ad-hoc reports as necessary. Collaborate on executive compensation analysis, including short and long-term incentive compensation. Key member of compensation team in designing the company wide quarterly check-ins, annual performance review and goal setting processes. Test quarterly check-ins, annual review and goal setting configurations in HRIS, review and update job aids for employees, and offer guidance to managers and employees who have questions or need assistance. May provide support with materials for the Compensation Committee of the Board. Support audit deliverables related to compensation documentation, processes, payouts and entries. Research situations as they arise related to aspects of compensation to provide clarity for resol

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