Compensation Administration Lead

2 weeks 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

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 execution of PG&E's employee and executive compensation frameworks that provide competitive advantages and align with key business goals. This team manages all compensation plans, recommends modifications, ensures compliance with regulations, and integrates effectively with HR functions. The team consists of two main components: Executive Compensation and Broad-Based Compensation.

Position Summary

The Senior Compensation Analyst will oversee the daily administrative tasks related to the company's executive compensation plans, including equity compensation programs, deferred compensation, and non-qualified retirement plans for Pacific Gas & Electric Company. This role will also involve supporting various external filings. A keen attention to detail, strong analytical and problem-solving abilities, and adaptability to changing demands and priorities are essential. Interaction with employee populations up to the executive level is expected, requiring professionalism and discretion while delivering exceptional customer service.

Become part of our vibrant team where collaboration and support are fundamental to our operations. As a Senior Compensation Analyst, you will gain critical 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 launch of an interactive participant portal aimed at improving engagement and accessibility. This position presents a unique opportunity to influence strategic direction and make a significant impact on participant interactions with our services.

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

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 posting. This compensation range is specific to the job's locality. The actual salary offered 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 considering these factors. 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

Key Responsibilities

  • Ongoing Administration of Executive Compensation Programs: Manage the daily operations of the company's equity compensation program, deferred compensation, and non-qualified retirement plans, including relevant tax implications. Oversee vendor performance by tracking metrics and resolving data issues for continuous improvement. Ensure the adequacy of internal controls and accurate accounting to support reported information. Build strong relationships with key stakeholders, including HR Business Partners, Benefits, Accounting, and Legal.
  • Annual Pay Planning: Facilitate the annual pay planning process for executives, ensuring the accuracy of information and fostering strong partnerships with HR Business Partners 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 necessary information for filings such as the annual proxy CD&A, annual 77M filing, prospectus disclosures, and 10-Q and 10-K filings. Additionally, support 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 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.

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