Compensation Analyst, Senior

Helmerich & Payne•Tulsa, OK

1d•Onsite

About The Position

The Compensation Analyst, Senior supports the design, analysis, implementation, and optimization of comprehensive total rewards programs. This hands-on role uses analytical skills and benefits and compensation expertise to deliver data-driven insights, support regulatory compliance, and improve program effectiveness. The role is based on-site in Tulsa, Oklahoma. The analyst evaluates compensation, benefits, retirement, and leave programs for competitiveness, cost effectiveness, utilization trends, and employee impact. The position prepares reports, dashboards, analytical models, and supporting documentation; coordinates vendors and consultants; supports annual total rewards cycles; and contributes to pay equity reviews, plan governance, fiduciary responsibilities, compliance, audits, and employee benefits education. The analyst collaborates across HR, Finance, Payroll, Legal, and Communications and identifies process improvements to strengthen administration, HRIS data accuracy, and employee communications.

Requirements

Bachelor’s degree in Human Resources, Business Administration, Finance, a related field, or equivalent experience.
4–7 years of progressive experience in total rewards.
Working knowledge of benefit plans, fiduciary governance, ERISA, FMLA, ADA, Section 125, and related regulations.
Advanced proficiency in Excel.
Practical understanding of AI tools.
Experience with HRIS platforms.
Ability to translate complex data into clear insights and recommendations for diverse audiences.

Nice To Haves

Workday experience.
Experience with job evaluation and analysis, compensation survey interpretation, and market pricing.
Professional certifications such as SHRM, CEBS, WorldatWork CCP/CBP, or retirement plan credentials.
Demonstrated success in process improvement, technology-enabled solutions, and cross-functional collaboration.

Responsibilities

Analyze compensation, benefits, retirement, and leave programs to evaluate competitiveness, cost effectiveness, utilization trends, and employee impact.
Prepare actionable reports, dashboards, analytical models, and supporting documentation for leadership and employee communications.
Coordinate vendors across total rewards programs; oversee performance, contracts, service-level agreements, and issue resolution.
Partner with external vendors and consultants on plan design, requests for proposals, and ongoing performance management.
Support annual total rewards cycles, including merit reviews, incentive planning, open enrollment, post-cycle analysis, and continuous-improvement recommendations.
Analyze market data and recommend adjustments to pay structures and benefit design.
Support pay equity reviews, structure modeling, audits, regulatory reporting, and documentation requirements.
Support strategy and governance for 401(k), pension, and health and welfare plans, coordinating with recordkeepers, advisors, and internal stakeholders.
Support retirement and health and welfare plan fiduciary responsibilities, including investment and plan reviews, audit-ready documentation, and committee meeting materials.
Oversee benefits, retirement, and leave compliance activities, including Form 5500 preparation, audits, disclosures, and ERISA, IRS, and DOL requirements.
Serve as a subject matter expert on employee benefits, including retirement, medical, dental, vision, life, disability, FSA/HSA, wellness, and leave programs.
Collaborate with HR Business Partners, HR Shared Services, Finance, Payroll, Legal, and Communications on organizational initiatives, enrollment, compensation cycles, and benefits education.
Identify and implement process improvements to streamline administration, improve HRIS data accuracy, and strengthen employee communications and tools.
Maintain confidentiality and properly handle sensitive employee and financial data.