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Compensation Strategy Analyst

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 enhance competitive value and align with key business objectives. This team manages all aspects of compensation plans, including proposing modifications, ensuring compliance with regulations, and facilitating effective HR integration. The team consists of two primary components: Executive Compensation and Broad-Based Compensation.

Position Summary

The Senior Compensation Analyst will oversee the daily administration of company-sponsored executive compensation plans, such as equity compensation programs, deferred compensation, and non-qualified retirement plans for Pacific Gas & Electric Company, in addition to supporting various external filings. This role requires a keen attention to detail, strong analytical and problem-solving skills, and the ability to adapt to changing demands and multiple priorities. The successful candidate will interact with employee populations up to the Chief level and must demonstrate professionalism and discretion while providing excellent customer service.

Join our vibrant team where collaboration and support are fundamental to our operations. 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 designed to improve engagement and accessibility. This position offers a unique opportunity to influence strategic direction and make a meaningful impact on how our participants engage with our services.

The role is hybrid, primarily working from a remote office and in-person as business needs dictate. The headquarters location is flexible within the PG&E service territory.

Compensation Information

PG&E is providing the salary range that the company in good faith 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 multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity. Although we estimate 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: 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 the adequacy of internal controls and proper accounting to support the accuracy of reported information. Maintain strong relationships with key stakeholders, including HRBPs, Benefits, Accounting, and Legal.
  • Annual Pay Planning: Administer 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 point of 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's 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.