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Compensation Administration Expert

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

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 tasked with the planning, design, and implementation of PG&E's employee and executive remuneration programs that provide competitive advantages and align with key business objectives. This team oversees the administration of all compensation plans, recommends modifications, ensures compliance with regulations, and facilitates effective integration with HR. The team comprises two components: Executive Compensation and Broad-Based Compensation.

Position Summary

The Senior Compensation Analyst will be primarily accountable for the daily administrative functions related to company-sponsored executive compensation plans, including equity compensation programs, deferred compensation, and non-qualified retirement plans for Pacific Gas & Electric Company, along with supporting various external filings. A keen attention to detail, strong analytical and problem-solving skills, and the ability to adapt to changing demands and multiple priorities are essential. 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 fundamental 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 pivotal role in enhancing the participant experience by leading the development of innovative training and educational materials. Additionally, you will contribute to the exciting launch of an interactive participant portal designed to improve engagement and accessibility. This position offers a unique opportunity to influence strategic direction and make a significant impact on participant interactions with our services.

The role is hybrid, primarily working from a remote office with in-person attendance based on business requirements. 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 to an individual will depend on multiple factors, including, but not limited to, 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, 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: Lead the daily administration 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: Oversee the annual pay planning process for officers, ensuring accuracy of information and strong collaboration with HRBPs throughout the process.
  • Communication and Education: Serve as the primary contact for coworkers, financial planners, and retirees with inquiries related to these programs. Assist in developing communication and educational materials to enhance understanding of PG&E executive compensation plans.
  • Reporting, Legal & Regulatory Compliance: Support compliance with various legal and regulatory requirements (including SEC, NYSE, CPUC, and IRS) regarding PG&E Executive Compensation Programs by drafting executive compensation information for various 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 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.