Cleco Corporation - Pineville, LA
posted about 2 months ago
The Compensation Analyst at Cleco plays a crucial role in supporting the company's compensation management activities. This position requires a foundational understanding of compensation principles, practices, concepts, and theories. The analyst will assist the Compensation Advisor and the Manager of HRIS & Payroll in executing various tasks related to compensation management. This includes conducting salary surveys, analyzing data from various sources, and making recommendations to ensure that Cleco remains competitive in the job market, both internally and externally. The analyst will also assist in the preparation of compensation increase and incentive programs, utilizing data results to identify trends based on Key Performance Indicators (KPIs), market information, or business strategy. Additionally, the role involves preparing required reporting and filings, and collaborating with both internal and external partners, including employees, HR team members, business leaders, and compensation consultants. The Compensation Analyst will champion a corporate culture that emphasizes transparency, integrity, safety, environmental responsibility, employee development, diversity and inclusion, customer service, and operational excellence. Key responsibilities include collecting, analyzing, and compiling data from the human resource information system (HRIS) and compensation sources to assist with market benchmarking processes. The analyst will participate in market competitive pay positions to ensure that the pay structure aligns with the company's overall goals and objectives. They will also assist the Compensation Advisor and Director of HR in collecting, analyzing, and reporting data for the Executive Compensation section of the annual proxy. In this role, the analyst will work closely with internal and external stakeholders for data retrieval, analysis, and reporting. They will compile compensation-related reports for internal and external data requests, prepare reports of data results for management and senior leadership, and utilize analytical skills to evaluate, develop, and optimize compensation programs. The analyst will respond to and resolve ad-hoc compensation-related reporting inquiries, assist with compensation-related configurations in Cleco's HCM system, and participate in project teams related to compensation. Maintaining the integrity and confidentiality of departmental records and employee documentation is paramount in this position.