Senior Compensation Analyst

Memphis Light, Gas and Water•Memphis, TN

23h•Onsite

About The Position

MLGW is the nation’s largest three-service municipal utility, serving over 440,000 customers representing diverse backgrounds. Since 1939, MLGW has met the utility needs of Memphis and Shelby County residents by delivering reliable and affordable electricity, natural gas, and water service. We provide a full range of customer-oriented services, including a major role in the economic development for our customers. MLGW recognizes that our greatest assets are our employees and value diversity, equity, and inclusion. We are committed to providing opportunities for career growth, training, and development. MLGW offers competitive benefits including PTO, pension and 457B retirement plan. We are dedicated to corporate social responsibility through community volunteerism and giving. MLGW is an equal opportunity employer and does not discriminate because of race, color, religion, sex, sexual orientation, gender identity, age, national origin, genetic information, disability, protected veteran status, or any other status protected by law. No information obtained in this application is intended to be used for such discrimination. JOB PURPOSE: The Senior Compensation Analyst serves as a lead compensation professional and subject matter expert responsible for administering and enhancing compensation programs, providing strategic compensation consultation, maintaining salary structures and classification systems, and ensuring equitable, competitive, and compliant compensation practices throughout the organization. The position exercises considerable independent judgment in analyzing complex compensation issues and developing recommendations that support organizational goals and workforce strategies.

Requirements

A valid driver's license from state of residence is required.
Bachelor's Degree in Human Resources, Business Administration, Computer Science, Information Systems or related field is required.
Four (4) years of professional progressive experience in Compensation, job evaluations, market pricing, salary administration, compensation analysis and compensation research is required.
Must successfully complete NIMS Training within one year of entering job.

Nice To Haves

HR certification (e.g., SHRM-CP, PHR, or equivalent professional certification) preferred.
Master's degree preferred.

Responsibilities

Lead internal pay equity analyses and compensation assessments to identify and address salary compression, and internal equity concerns.
Develop, maintain, and recommend revisions to salary structures, pay grades, compensation policies, and salary administration guidelines to ensure market competitiveness and organizational consistency.
Serve as the primary compensation consultant to leadership, Human Resources, Talent Acquisition, and business units by providing expert guidance on compensation-related matters, including hiring rates, promotional increases, retention strategies, and organizational design.
Conduct advanced compensation modeling analyses to support workforce planning, compensation program design, and strategic decision-making.
Participate in and lead compensation survey submissions, validate survey data, analyze survey results, and develop recommendations based on external market trends and benchmarking information.
Review and evaluate organizational restructuring proposals, reporting relationships, and workforce changes to assess compensation impacts and ensure alignment with compensation philosophy and organizational objectives.
Develop and present compensation recommendations, findings, and business cases to leadership.
Support the development, implementation, and administration of special compensation programs, including retention incentives, recognition programs, career progression frameworks, premium pay programs, and other compensation initiatives.
Partner with Human Resources Information Systems (HRIS), Payroll, Finance, and other stakeholders to ensure compensation data integrity, process efficiency, and compliance with established policies and procedures.
Monitor compensation legislation, regulatory changes, and industry best practices to ensure organizational compliance and recommend policy enhancements as appropriate.
Provide mentoring, coaching, and technical guidance to Compensation Analysts and other Human Resources staff regarding compensation practices, methodologies, and procedures.
Perform other duties as assigned.