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Senior Compensation Analyst

2 months ago


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Job Title: Senior Compensation Analyst

Parker Wellbore is seeking a highly skilled Senior Compensation Analyst to join our Total Rewards team. As a key member of our compensation team, you will play a pivotal role in supporting the administration and maintenance of our company's compensation programs.

Key Responsibilities:
  • Participate in salary surveys and interpret results to identify our company's competitive pay position in markets where we operate.
  • Consult with internal customers on salary decisions, incentive plan development, and other compensation-related issues.
  • Provide strategic human resources counsel to HR business partners on market-based pay and compensation trends, job design and analysis, rewards, and recognition.
  • Evaluate the effectiveness of compensation programs and rewards and recognition initiatives.
  • Conduct comprehensive compensation analyses to ensure competitive and equitable pay practices.
  • Support the development of global compensation strategies and manage the compliance of compensation programs with international regulations.
  • Assist with global compensation programs, including merit, bonus, equity, offers, and compensation adjustments.
  • Develop compensation proposal guidelines for employment offers and collaborate with HR Business Partners.
  • Evaluate, level, and determine appropriate market value for new and existing jobs as needed.
  • Contribute to the development and implementation of processes and technology solutions to enhance the efficiency and effectiveness of our Global Mobility Practice.
  • Collaborate with managers and HR business partners on relocation needs, cost projections, and relocation processes.
  • Perform stock administration and ensure accuracy of related transactions.
  • Perform routine to intermediate statistical analysis of data related to compensation as directed.
  • Develop job descriptions and administer our company's HRIS jobs database for accuracy.
Requirements:
  • Bachelor's degree.
  • CCP or CMS certification preferred.
  • Minimum of five years' experience in compensation or a related field.
  • Working knowledge of FLSA, EEO, and IRS regulations.
  • Familiarity with HRIS systems and reporting.
  • Detail-oriented, self-starter, and able to work with little supervision while maintaining goals/tasks.
  • Excellent PC skills, including all MS Office products, with advanced knowledge of Microsoft Excel.
  • Good written and verbal communication skills and the ability to communicate effectively.
  • Strong analytical and mathematical skills and the ability to follow directions.
Additional Information:

Parker Wellbore provides equal opportunity for all people and will not discriminate on the basis of race, color, religion, sex, gender, sexual orientation, pregnancy, age, marital status, national origin, citizenship status, disability, genetic information, military service, veteran's status, or any other characteristic protected by applicable law.

If an applicant has a disability, the applicant may request accommodations when needed to enable that person to perform their essential job functions or to allow that person to participate in employment.