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Senior Analyst of Employee Compensation

2 months 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 that 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 enhance competitive value and align with key business objectives. This team oversees all compensation plans, proposes necessary changes, ensures compliance with regulations, and integrates effectively with HR functions. The team consists of two primary components: Executive Compensation and Broad-Based Compensation.

Position Summary

The Senior Compensation Analyst will take charge of the daily administrative tasks related to the company's executive compensation plans, including equity compensation programs, deferred compensation, and non-qualified retirement plans. This role will also involve 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 executive level is expected, requiring professionalism and discretion while delivering excellent 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 organizational levels. Your role will be pivotal 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 offers a unique chance to influence strategic direction and make a significant impact on participant interactions with our services.

This 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.

Salary Information

PG&E is providing a salary range that reflects the company's good faith belief regarding compensation for this position at the time of posting. This range is specific to the job's locality. Actual salary will be determined based on various factors, including 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, the final decision will be made on a case-by-case basis. This position is also eligible for 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: 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 metrics and support research to resolve data issues for continuous improvement. Ensure the adequacy of internal controls and proper accounting to maintain the accuracy of reported information. Build strong relationships with key stakeholders, including HRBPs, Benefits, Accounting, and Legal.
  • Annual Pay Planning: Manage the annual pay planning process for executives, ensuring the accuracy of information 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: Support compliance with various legal and regulatory requirements (including SEC, NYSE, CPUC, and IRS) concerning PG&E Executive Compensation Programs by drafting relevant information for various 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 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.