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  1. Home
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  5. HR Compensation Analyst
Midland States Bank logo

HR Compensation Analyst

Not Disclosed•Full-TimeOn-site

location_onToothaker Cemetery, North 1100th Street, Effingham County, Illinois, 62401, United States

Apply Now

About Midland States Bank

At Midland, we're proud to be a little different. With our heartfelt and personalized approach, we're focused on meeting every customer's needs with the brightest solutions. For more than 140 years, we've learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success.

We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all. Our humble ambition keeps us growing, giving back, and looking ahead. We're innovating and optimizing our services to ensure we stay unique - providing strength you can count on with heart you can feel.

About the Role

The Compensation & Equity Analyst supports the design, analysis, and administration of compensation, equity, and deferred compensation programs. This role plays a key part in ensuring competitive, equitable, and data-driven pay practices aligned with business objectives. This position is designed for a high-potential individual seeking to grow into broader ownership of compensation programs and contribute to the evolution of Total Rewards.

You will partner with HR, Finance, Legal, and external vendors to maintain accurate records and documentation for equity and deferred compensation programs. The role requires handling sensitive and complex matters with a high degree of relationship acumen and sophisticated problem resolution skills. You will also participate in HR and cross-functional projects, supporting process improvements and automation opportunities while collaborating with HRIS on system and reporting needs.

Hiring Process & Application

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.

Midland States Bank may use automated tools and artificial intelligence ("AI") to assist with recruiting, screening, and hiring decisions. In accordance with the Illinois Human Rights Act (effective January 1, 2026), these tools are designed and monitored to be neutral and job-related, and must not be used in a way that discriminates against applicants or employees based on any protected characteristic.

Equal Opportunity

At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We're proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.

If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.

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Skills, education and keywords

Skills: Workday, Marketpay, Mclagan, Mercer, Pearl Meyer, Rsa, Stock Options, Espp, Non-Qualified Deferred Compensation, 401K.

Education: Bachelor's Degree in Human Resources/Business Administration or equivalent experience.

Frequently asked questions about HR Compensation Analyst at Midland States Bank

What does a HR Compensation Analyst at Midland States Bank do?expand_more
Day-to-day, the HR Compensation Analyst at Midland States Bank will conduct market pricing using survey data and internal benchmarking tools; support job evaluations, leveling, and job architecture maintenance; assist in development and maintenance of salary structures and pay ranges; and support end-to-end annual compensation cycles including data preparation and analysis.
What are the requirements for this HR Compensation Analyst role?expand_more
To qualify for the HR Compensation Analyst at Midland States Bank position, applicants should have: Bachelor's Degree in Human Resources/Business Administration or equivalent experience; 5+ Years of Experience; Prior experience with Workday preferred; Knowledge of compensation and benefits policies, procedures, and fiscal/budget processes; and Ability to work independently and as part of a team.
Where is the HR Compensation Analyst role at Midland States Bank located?expand_more
HR Compensation Analyst at Midland States Bank is based in Toothaker Cemetery, North 1100th Street, Effingham County, Illinois, 62401, United States. This is a on-site role.
Recrutus

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Search roles by city, category, skill, or job type — explore verified US employers, salary benchmarks, and remote-friendly teams hiring nationwide.

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Work location

Work model: On-site

location_on

Toothaker Cemetery, North 1100th Street, Effingham County, Illinois, 62401, United States

Illinois

Key Responsibilities

  • check_circleConduct market pricing using survey data and internal benchmarking tools
  • check_circleSupport job evaluations, leveling, and job architecture maintenance
  • check_circleAssist in development and maintenance of salary structures and pay ranges
  • check_circleSupport end-to-end annual compensation cycles including data preparation and analysis
  • check_circleReview and analyze compensation data to identify trends, risks, and opportunities
  • check_circleSupport administration of equity programs including tracking grants and vesting schedules
  • check_circleAssist with non-qualified deferred compensation plans including eligibility tracking and reporting
  • check_circleCoordinate with Finance, Legal, and external vendors on equity and deferred compensation processes
  • check_circleMaintain accurate records and documentation for equity and deferred compensation programs
  • check_circleSupport compliance activities including audits, reporting, and documentation
  • check_circleAssist with process improvements and automation opportunities
  • check_circlePartner with HRIS on system and reporting needs

Requirements

  • verifiedBachelor's Degree in Human Resources/Business Administration or equivalent experience
  • verified5+ Years of Experience
  • verifiedPrior experience with Workday preferred
  • verifiedKnowledge of compensation and benefits policies, procedures, and fiscal/budget processes
  • verifiedAbility to work independently and as part of a team

Nice to Have

Prior experience with Workday.

Benefits & Perks

check_circleComprehensive healthcare and well-being benefitscheck_circlePaid family leavecheck_circleGenerous paid time offcheck_circleEmployee Stock Purchase Plancheck_circle401K plan with company matchcheck_circleOpportunity to participate in Non-Qualified Deferred Compensation plancheck_circleShort-term incentives including bonus and/or commissioncheck_circleLong-term incentives including stock awardscheck_circleBanking perks
Midland States Bank logo
Company

Midland States Bank

Industry

hr & recruitment

View company profilearrow_forwardlanguageWebsite
Quick Overview

Experience

5+ yrs (Senior)

Education

Bachelor's Degree in Human Resources/Business Administration or equivalent experience

Job Type

Full-Time

Skills Required

WorkdayMarketpayMclaganMercerPearl MeyerRsa
arrow_forward
Is this HR Compensation Analyst job remote, hybrid, or on-site?expand_more
Midland States Bank has listed this HR Compensation Analyst role as on-site.
How much experience is required for this HR Compensation Analyst role?expand_more
HR Compensation Analyst at Midland States Bank typically requires 5+ years of relevant experience at the senior level.
What skills do you need for the HR Compensation Analyst role at Midland States Bank?expand_more
Key skills for HR Compensation Analyst at Midland States Bank include Workday; Marketpay; Mclagan; Mercer; Pearl Meyer; Rsa; Stock Options; and Espp.
What education is required for HR Compensation Analyst at Midland States Bank?expand_more
Educational requirements for this role: Bachelor's Degree in Human Resources/Business Administration or equivalent experience.
What category does the HR Compensation Analyst role belong to?expand_more
HR Compensation Analyst at Midland States Bank is part of the hr & recruitment job category on Recrutus.
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Stock Options
Espp
Non-Qualified Deferred Compensation
401K