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Executive Compensation Specialist

2 months ago

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

Requisition ID: #

Job Category: Human Resources

Job Level: Individual Contributor

Business Unit: Human Resources & Enterprise Change Ofc

Work Type: Hybrid

Job Location: Oakland

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 customers. The Compensation team is responsible for the planning, design, and implementation of PG&E's employee and executive compensation programs, which add competitive value and align with key business objectives. This team manages all aspects of compensation plans, proposes changes, ensures compliance with regulations, and facilitates effective integration with HR. The team consists of two main components: Executive Compensation and Broad-Based Compensation.

Position Summary

The Senior Compensation Analyst will oversee the daily administration of company-sponsored executive compensation plans, including equity compensation programs, deferred compensation, and non-qualified retirement plans for Pacific Gas & Electric Company. This role also involves supporting various external filings. A keen attention to detail, strong analytical skills, and problem-solving abilities are essential, along with the capability to adapt to shifting demands and multiple priorities. Interaction with employee populations up to the Chief level requires a high degree of professionalism and discretion while delivering excellent customer service.

Join our vibrant team where collaboration and support are central to our mission. As a Senior Compensation Analyst, you will gain valuable insights into strategic decisions made at the highest levels of our organization. You will play a pivotal role in enhancing 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 aimed at improving engagement and accessibility. This position offers a unique opportunity to influence strategic direction and make a meaningful impact on participant interactions with our services.

This role operates in a hybrid capacity, 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 reflects the company's good faith belief regarding what 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 will depend on various factors, including specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. While we estimate that the successful candidate will be placed between the entry point and the midpoint of the range, decisions will be made on a case-by-case basis. This position is also eligible for participation 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: Lead 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 metrics and support research to resolve data issues for continuous improvement. Ensure robust internal controls and accurate accounting to support the integrity of reported information. Build strong relationships with key stakeholders, including HRBPs, Benefits, Accounting, and Legal.
  • Annual Pay Planning: Oversee the annual pay planning process for executives, ensuring accuracy and fostering strong partnerships with HRBPs throughout the process.
  • Communication and Education: Serve as the primary contact for colleagues, financial planners, and retirees with inquiries related to these programs. Assist in developing communication and educational materials to enhance understanding of PG&E's executive compensation plans.
  • Reporting, Legal & Regulatory Compliance: Ensure compliance with various legal and regulatory requirements (including SEC, NYSE, CPUC, and IRS) regarding PG&E Executive Compensation Programs by drafting relevant information for filings such as the annual proxy CD&A, annual 77M filing, prospectus disclosures, and 10-Q and 10-K filings. Support monthly financial reporting for 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 in 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) designation.
  • Experience with internal controls.