Senior Analyst, Compensation

CenterPoint Energy•Houston, TX

About The Position

CenterPoint Energy has a long history of serving its customers for over 150 years. The company's vision is to be the most admired utility in the United States by executing its long-term growth strategy, with an unwavering commitment to safely and reliably deliver electricity and natural gas. CenterPoint Energy is dedicated to fostering an inclusive work environment where business objectives are met through a diverse workforce. Individuals are valued for their contributions, and the company aims for an inclusive environment at all levels that reflects the communities it serves. This role involves designing, implementing, and administering employee compensation programs, with potential support for executive compensation, including long-term incentive and deferred compensation plans. The Senior Analyst will act as a trusted advisor to management, providing compensation recommendations, conducting analyses, and presenting clear findings. Responsibilities include reviewing job descriptions, performing job evaluations, leading market-pricing and survey activities, and utilizing various pricing techniques to assess competitive compensation. The role also entails leading projects and developing recommendations for effective compensation program design, administration, and continuous improvement.

Requirements

Bachelor's degree required in Business Administration, Human Resource Management, Finance, or other field.
Minimum of 4 years of demonstrated experience and knowledge in compensation administration including base salary administration, use of market surveys, job pricing techniques, job evaluation, variable pay design and administration, and regulatory compliance.

Nice To Haves

Certification from WorldatWork (CCP) is desired.

Responsibilities

Administer company compensation programs and related processes, including base pay, incentive, sales compensation, long-term incentive compensation, and stock plan administration.
Monitor compensation program elements such as pay adjustments, promotions, job changes, incentive plans, and awards. Develop and maintain procedures that support consistent, equitable administration and recommend program design changes as needed.
Lead and participate in internal and external compensation studies using market-pricing tools and reporting systems to collect, analyze, and interpret data. Present findings to management and recommend actions based on market and internal equity analysis.
Partner with Legal, Regulatory, Finance, Accounting, and other functions to prepare for filings and respond to requests for information in a timely manner. Conduct research and analyze data to develop accurate, complete responses.
Advise management and Human Resources on organizational changes, including position design, job title changes, and related compensation considerations.
Evaluate new and revised positions using market pricing, job slotting, and internal comparison methodologies. Maintain pay structures and develop compensation recommendations for management.
Maintain the integrity of compensation and job-related data in human resource information systems, including SAP, for personnel and position changes such as FLSA status and EEO category updates.
Stay current on compensation trends, regulations, and best practices, including the Fair Labor Standards Act, Equal Pay Act, and compensation-related regulatory requirements, to support compliant program administration.

Benefits

Competitive pay
Paid training
Benefits eligibility begins on your first day
Transit subsidies
Flexible work schedule
Paid holidays
Paid time off
Access to discounts at fitness clubs
On-site wellness center at our headquarters in Houston
Professional growth and development programs
Tuition reimbursement
401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution