Rewards and Compensation Partner: Are you looking for a challenging and rewarding career in the human resources field? Do you have experience in designing and implementing compensation and rewards programs?
Do you want to work for an organization that supports the nation’s economy and financial stability?
If you answered yes to these questions, then you might be interested in applying for the Rewards and Compensation Partner position at the Federal Reserve Bank of New York.
Quick Summary
| Recruitment Organization | Federal Reserve Bank of New York |
| Position | Rewards and Compensation Partner |
| Date of Publish | March 4, 2024 |
| Last Date to Apply | March 31, 2024 |
| Department | Total Rewards |
| Qualification | Bachelor’s degree in human resources, business administration, finance, or related field |
| Experience Required | At least five years of relevant work experience in compensation and benefits design and administration |
| Vacancies | Not specified |
| Salary | $116500 – $200400 / year |
| Job Location | New York, NY |
| Work Shift | First (United States of America) |
| Employment Type | Regular |
| Category | Human Resources |
| Official Website | https://www.newyorkfed.org |
Also Check: Analyst Associate/Experienced – Treasury Job (Posted on March 1st, 2024)
Requirements
To apply for this position, you need to meet the following requirements:
- Bachelor’s degree in human resources, business administration, finance, or related field
- At least five years of relevant work experience in compensation and benefits design and administration
- Knowledge of compensation and benefits principles, practices, and trends
- Excellent oral and written communication skills
- Strong analytical, critical thinking, and problem-solving skills
- Ability to work independently and collaboratively in a team environment
Responsibilities of Rewards and Compensation Partner
As a Rewards and Compensation Partner, you will be responsible for:
- Conducting market research and analysis to benchmark the Bank’s compensation and benefits practices and identify trends and best practices
- Developing and maintaining compensation and benefits policies, procedures, and guidelines
- Providing consultation and guidance to managers and employees on compensation and benefits matters
- Participating in compensation and benefits surveys and audits and ensuring compliance with applicable laws and regulations
- Developing and delivering compensation and benefits communication and education materials and programs
- Collaborating with other human resources functions and stakeholders to support the Bank’s talent management and employee engagement initiatives
- Managing and supporting special projects and initiatives related to compensation and benefits
The Rewards and Compensation Partner position is part of the Total Rewards team, which is responsible for developing and administering the Bank’s compensation and benefits programs.
The team supports the Bank’s strategic objectives and aligns the Bank’s rewards programs with the market, the Federal Reserve System, and the Bank’s culture and values.