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HR Compensation Analyst

Date Posted: May 17, 2026
Yearly: USD - USD
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Job Detail

  • location_on
    Location Effingham, Illinois, United States of America
  • desktop_windows
    Job Type: Permanent
  • schedule
    Shift:
  • analytics
    Career Level:
  • group
    Positions:
  • calendar_view_day
    Experience:
  • male
    Gender: No Preference
  • school
    Degree:
  • calendar_month
    Apply Before: Jun 17, 2026
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Job Description

Overview

The HR Compensation Analyst at Midland States Bank will support the design, analysis, and administration of compensation, equity, and deferred compensation programs. This role is key to ensuring competitive and equitable pay practices that align with the bank's business objectives and contributes to the evolution of Total Rewards.

Key responsibilities

  • Conduct market pricing using survey data and internal benchmarking
  • Support job evaluations and maintain job architecture
  • Assist in the development and maintenance of salary structures and pay ranges
  • Support end-to-end annual compensation cycles including data preparation and analysis
  • Review and analyze compensation data to identify trends and opportunities
  • Administer equity programs and track grants and vesting schedules
  • Assist with non-qualified deferred compensation plans and eligibility tracking
  • Coordinate with Finance, Legal, and external vendors on compensation processes
  • Support compliance activities including audits and documentation
  • Collaborate with HR and business leaders on compensation initiatives

Required skills

  • Bachelor's Degree in Human Resources or Business Administration
  • 5+ years of experience in a related field
  • Experience with Workday preferred
  • Strong data analysis and synthesis skills
  • Effective communication and interpersonal skills
  • Knowledge of compensation and benefits policies and processes
  • Ability to handle sensitive matters and reach amicable solutions
  • Strong organization and time management skills

What the company offers

  • Comprehensive healthcare and well-being benefits
  • Paid family leave and generous paid time off
  • Employee Stock Purchase Plan
  • 401K plan with company match
  • Short-term and long-term incentive opportunities

Skills Required

Company Overview

Midland States Bank
Joliette, Illinois, United States of America
30 Current Jobs Openings

Midland States Bank is proud to have served its customers for over 140 years, focusing on a personalized approach to meet customer needs. The bank invests in its employees and communities, innovating and optimizing services to provide reliable and he... Read More

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