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Posted: Thu Dec 08 2022

Lead Analyst, Compensation

Houston, TX

Direct Hire

Lead Compensation Analyst
Houston, TX 77002

Our client is looking for a Lead Analyst, Compensation.  You will have the ability to: Design, implement and administer employee broad-based compensation programs and when needed, assist with executive compensation programs, including long-term incentive and deferred compensation plans.  Serve as advisor to management on compensation recommendations and total rewards strategies.  Identify areas for improvement and conduct research, compensation analyses and presentation of findings.  Independently manage survey process, participate in surveys and analyze survey results to determine competitive compensation levels. Lead projects to develop compensation program design recommendations and HR system implementation and maintenance.
To be successful in this role you will:
  • Understand company compensation plans and administer processes covering base salary and variable pay programs, which may include executive compensation and stock plan administration. 
  • As needed, prepare tables, exhibits and materials for annual filings (i.e. Proxy) and quarterly Compensation Committee meetings.
  • Monitor compensation program elements such as competitive pay adjustments, promotions, job changes, and incentive plans and awards. Develop procedures and processes to ensure consistent and equitable administration of compensation plans and recommend changes to program designs as needed.
  • Conduct and participate in internal and external studies of compensation practices. Interpret competitive compensation data, present observations to management, and recommend actions based on analysis.
  • Partner with Regulatory, Finance & Accounting and other functions to prepare for regulatory filings and respond to rate case request for information (RFIs) in a timely manner.  Conduct research and analyze data to formulate accurate and comprehensive responses.
  • Provide management and human resource management with advice and interpretation in the planning and implementation of organizational changes and related position and job title changes.
  • Conduct job evaluations of new and revised positions using methods such as market pricing, job slotting, and internal point factor comparisons. Maintain compensation pay structures. Make recommendations to management using these tools.
  • Maintain data integrity of human resource information systems through SAP in the implementation of personnel and position changes such as FLSA status and EEO category.
  • Manage vendor contract negotiations.
  • Stay abreast of the latest developments in the field of compensation management and maintain knowledge of Fair Labor Standards Act, Equal Pay Act, Securities and Exchange Commission regulations related to compensation to ensure compliance.
Qualifications - External
Your background includes:
  • BS/BA Degree required in Business Administration, Human Resource Management, Finance, or other related field.
  • Requires a minimum of 7 years of demonstrated experience and knowledge in compensation administration including base salary administration, use of market surveys, job pricing techniques, job evaluation, variable pay design and administration, and regulatory compliance.
A bonus to have:
  • Certification from WorldatWork or SHRM is desired.
  • Executive compensation experience, including long-term incentive administration preferred.

  • Competitive pay
  • Paid training
  • Benefits eligibility begins on your first day
  • Subsides metro and parking discounts
  • Flexible work schedule, paid holidays and paid time off
  • Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
  • Professional growth and development programs including tuition reimbursement
  • 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution with immediate 100% vesting. 

Red Sky Consulting