Senior Pay Equity Analyst

1 week ago


Oakland, California, United States PG&E Corporation Full time

Requisition ID: Not specified

Job Category: Human Resources

Job Level: Individual Contributor

Business Unit: Human Resources & Enterprise Change Ofc

Work Type: Hybrid

Job Location: Not specified

Department Overview

The People department is dedicated to equipping PG&E employees with essential tools, information, and services to ensure the delivery of safe and reliable gas and electric services to our clientele. The Compensation team is responsible for the planning, design, and implementation of PG&E's employee and executive remuneration programs that provide competitive value and align with key business objectives. This team oversees the administration of all compensation plans, recommends modifications, ensures compliance with regulations, and integrates effectively with HR functions. The team comprises two main components: Executive Compensation and Broad-Based Compensation.

Position Summary

The Senior Compensation Analyst will be chiefly accountable for the daily administration activities related to company-sponsored executive compensation plans, including equity compensation programs, deferred compensation, and non-qualified retirement plans for Pacific Gas & Electric Company. Additionally, this role will support various external filings. A keen attention to detail, strong analytical and problem-solving skills, and the ability to adapt to shifting demands and multiple priorities are essential. Interaction with employee populations up to the Chief level is expected, necessitating a high degree of professionalism and discretion while delivering excellent customer service.

Join our dynamic team where collaboration and support are integral to our operations. As a Senior Compensation Analyst, you will gain invaluable insights into strategic decisions made at the highest levels of our organization. You will play a vital role in re-envisioning the participant experience by leading the development of innovative training and educational materials. Furthermore, you will contribute to the exciting launch of an interactive participant portal designed to enhance engagement and accessibility. This position offers a unique opportunity to influence strategic direction and make a tangible impact on participant interactions with our services.

The role is hybrid, primarily working from a remote office with in-person attendance based on business needs. The headquarters location is flexible within the PG&E service territory.

Compensation Information

PG&E is providing a salary range that the company believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job. The actual salary paid to an individual will be based on various factors, including specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate that the successful candidate hired into this role will be placed between the entry point and the middle of the range, the decision will be made on a case-by-case basis related to these factors. This job is also eligible to participate in PG&E's discretionary incentive compensation programs.

Salary Range:

Bay Area Minimum: $102,000.00

Bay Area Maximum: $152,000.00

-Or-

California Minimum: $97,000.00

California Maximum: $144,000.00

Job Responsibilities

  • Ongoing Administration of Executive Compensation Programs: Oversee the daily management of the company's equity compensation program, deferred compensation, and non-qualified retirement plans, including relevant tax implications. Manage vendor performance by tracking and monitoring vendor metrics, and support research to resolve data/file issues for continuous improvement. Ensure adequate internal controls and proper accounting to support the accuracy of reported information. Build strong relationships with key stakeholders, including HRBPs, Benefits, Accounting, and Legal.
  • Annual Pay Planning: Administer the annual pay planning process for executives, ensuring accuracy of information and fostering strong partnerships with HRBPs throughout the process.
  • Communication and Education: Serve as the primary point of contact for coworkers, financial planners, and retirees with inquiries related to these programs. Assist in developing communication and educational materials to ensure understanding of PG&E's executive compensation plans.
  • Reporting, Legal & Regulatory Compliance: Support compliance with various legal and regulatory requirements (including SEC, NYSE, CPUC, and IRS) concerning PG&E Executive Compensation Programs by drafting necessary information for various filings, including the annual proxy CD&A, annual 77M filing, prospectus disclosures, and 10-Q and 10-K filings. Additionally, assist with monthly financial reporting of executive compensation programs.

Qualifications

Minimum:

  • Bachelor's degree in Business Administration, Finance, Human Resources, Industrial Organizational Psychology, or a related field, or equivalent work experience.
  • 4 years of relevant experience in Human Resources, Business Administration, or data analysis.

Desired:

  • Experience with Executive Compensation Administration, including Annual Pay Planning.
  • Advanced degree in a relevant discipline (e.g., business administration, finance, human resources, industrial organizational psychology).
  • Certified Compensation Professional (CCP).
  • Experience with internal controls.


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