Total Rewards Analyst

ERCOT • Austin, TX

1d • Hybrid

About The Position

At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow’s energy challenges while learning new skills and growing your career. ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future. Total Rewards Analyst is responsible for supporting ERCOT's total rewards programs, such as benefits, compensation and recognition programs. The primary role is to provide data management within the HRIS, reporting compensation and benefits data analyses, employee support for questions and enrollment. Key skills include strong analytical and problem-solving skills, exceptional attention to detail, strong communication skills, and the ability to handle confidential data with discretion are critical. Ensure accuracy of employee benefits and compensation data within the HRIS.

Requirements

• Requires minimum 2 years of job-related work experience in excess of degree requirements
• Bachelor's Degree: Business, Human Resources or related field (Required) or a combination of education and experience that provides equivalent knowledge to a major in such fields is required
• Strong analytical and problem-solving skills
• Exceptional attention to detail
• Strong communication skills
• Ability to handle confidential data with discretion

Nice To Haves

• Proficient in Excel and Workday
• Knowledge in Compensation and Total Rewards Programs
• Knowledge in Employee Benefits Programs
• Strong analytical skills
• Experience in payroll administration
• PHR Professional in Human Resources (Preferred)
• SHRM-CP (Preferred)

Responsibilities

• Collect, audit, and analyze compensation and benefits data to identify trends and provide insights.
• Prepare data models, reports and dashboards for management.
• Assist with job description maintenance and mapping to compensation surveys
• Assist with market data analysis and benefit survey submission
• Assist with building and maintaining SharePoint sites to provide employees with access to current benefit and compensation information
• Support the ongoing design and delivery of Total Rewards programs by contributing ideas, identifying opportunities for enhancement, and promoting operational excellence
• Create content for company intranet related to benefit offerings, wellness campaigns and other total rewards information
• Respond to employee questions regarding benefit enrollment and changes
• Review and resolve benefit elections and changes
• Assist with annual non-discrimination testing, annual enrollment election audits/analysis
• Notify Payroll of employees on leave
• Review and approve spot (bonus) awards in alignment with established guidelines
• Review and approve employee tuition reimbursement payments for Payroll processing
• Review job and compensation changes to ensure accuracy
• Maintain job description repository and job profiles in HRIS
• Assist with employee meetings and communications for Benefits and Compensation training
• Reconcile monthly insurance carrier and vendor billing

Benefits

• ERCOT offers an excellent benefits package, which includes health, dental, vision, life insurance, long/short-term disability insurance, long-term care insurance, Section 125 Flexible Spending Account, and a Retirement Savings Plan.
• The medical, dental, vision, and quality-of-life benefits offered by ERCOT are second to none.
• Full-time employees are eligible to enroll in benefits on the first of the month following the date of hire.
• Additionally, 401(k) plans are available to help employees plan for the future.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level
• Number of Employees: 501-1,000 employees