Compensation and Payroll Specialist

About Working at Commerce 

Building a career here is more than just steps on a ladder. It’s about helping people find financial safety and success, helping businesses thrive, and making sure people and their money are taken care of. And our commitment doesn’t stop there. Our culture is about our people, the ones in our communities and the ones that work with us.  

Here, you’ll find opportunities to grow and learn, to connect with others, and build relationships with the people around you. You’ll have the space and resources to grow into the best version of yourself. Because our number one investment is you.

Creating an award-winning culture doesn't come easy. And after 160 years, we know Commerce Bank is only at its best when our people are. If this sounds interesting to you, keep reading and let’s talk. 

Compensation Range

About This Job

The main purpose of this job is to partner with plan administrators across the organization to process incentive payments and provide general support to the compensation and payroll team.

Essential Functions

• Administer incentive plan payments and manage centralized email inboxes including Incentive Processing, Compensation, and Payroll Support

• Manage compensation inquiries from team members and provide timely responses as it relates to Branch and Customer Care offers. Manage tracking related to these items and track for trends in Compensation practices.

• Review offer letters and ensure appropriate information is disseminated and processed

• Create and update job profiles as requested and assist in reviewing job descriptions

• Manage monthly stock grant process

• Assist in leading the annual salary survey process; including, researching salary survey options and providing recommendations, collecting materials, submitting surveys and payments on-time, and uploading results to central market pricing application

• Timecard coordination and pre-payroll administration, including adjustments and corrections

• Process accurate and timely bi-weekly payroll

• Process adjustments, manual checks, and payroll data files

• Support payroll reporting, documentation, and audits

• Audit payroll data and resolve issues before processing

• Assist with compensation and payroll programs and processes as needed

• Perform other duties as assigned

Knowledge, Skills & Abilities Required

• Ability and desire to learn compensation and payroll best practices and processes

• Basic knowledge or ability to learn applicable employment laws, including FLSA

• Ability to ask questions, offer solutions, retain information and apply details to future situations

• Intermediate ability to research and partner with team members to find accurate information

• Proactive in finding ways to assist team members and streamline processes

• Ability to maintain a high degree of confidentiality

• Motivated and organized self-starter with strong attention to detail and the ability to manage multiple priorities

• Inquisitive, agile, and strong team player with excellent written, verbal, and interpersonal communication skills

• Ability to remain adaptable and resilient to all situations with an optimistic outlook and cast a positive shadow that is aligned with our culture and Core Values

• Intermediate level proficiency with Microsoft Word, Excel (VLOOKUP, Pivot Tables), Teams, and Outlook  

Education & Experience

• Bachelor’s degree in related field, or equivalent combination of education and experience required

• 1+ years general Human Resources or related experience required

*Hybrid Schedule: In office 2 days per week

**Level of role is determined by knowledge, experience, skills, abilities, and education

***For individuals applying, assigned and/or hired to work in areas with pay transparency requirements, Commerce is required by law to include a reasonable estimate of the compensation range for some roles.  This compensation range is for the Compensation and Payroll Specialist and Senior Compensation and Payroll Specialist job and contemplates a wide range of factors that are considered in determining most appropriate job level and making compensation decisions, including but not limited to location, skill sets, education, relevant experience and training, licensure and certifications, and other business and organizational needs. The disclosed range estimate has not been adjusted for any applicable differentials (geographic, bilingual, or shift) that could be associated with the position or where it is filled. At Commerce, compensation decisions are dependent on the facts and circumstances of each situation. A reasonable estimate of the current base pay is $23.80 to $31.50 per hour.

The candidate selected for this position may be eligible for the following employment benefits: employer sponsored health, dental, and vision insurance, 401(k), life insurance, paid vacation, and paid personal time. In addition, we offer career development, education assistance, and voluntary supplemental benefits.  Click here to learn more.

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