Compensation & Benefits Analyst

J-W Power Company - Addison, TX

Full-time

Addison, TX

Oil and Gas Extraction

About the position

Proudly serving the oil and gas industry since 1960, J-W Power Company provides leasing, sales, parts and service of natural gas compression equipment. We are one of the largest privately-owned compression fleet organizations in the United States and a proven industry leader with an impeccable reputation for field service. Our greatest asset is our culture, our people and the significant role each employee plays in the success of the organization. Under limited supervision, the Compensation and Benefits Analyst will provide essential support to the Human Resources team through the administration, analysis and action planning of compensation and benefits. This position will collaborate with HR management to ensure these programs align with the Company's strategic objectives, support the attraction of top talent, maintain compliance with federal and state regulations and promote the well-being of our employees. The role involves evaluating and assessing job roles to determine appropriate job classifications and salary levels, maintaining job descriptions, conducting compensation surveys, and supporting the Company's compensation review through data analysis. The analyst will also assist in the development and administration of new initiatives to ensure benefit offerings remain market-competitive and legally compliant. Additionally, the position requires developing communication strategies to educate employees on health and welfare benefits, supporting annual benefits enrollment, and maintaining compliance with leave policies and procedures. The analyst will conduct audits to ensure data integrity in the HR information system and assist with various compensation and benefits-related projects as necessary.

Responsibilities

• Evaluate and assess job roles to determine appropriate job classifications and salary levels.
• Maintain job descriptions and ensure they accurately reflect the responsibilities and requirements of each position.
• Conduct compensation surveys and benchmarking studies and support the Company's compensation review through data analysis and documentation.
• Participate with HR management in administering incentive and salary increase programs.
• Assist in the development, implementation, and administration of new and continuing initiatives to ensure benefit offerings and contribution strategies remain market-competitive, sound financially, and legally compliant.
• Develop and implement existing and ongoing communication strategies to promote and educate employees on company health and welfare benefits.
• Support annual benefits enrollment by preparing materials, organizing meetings, and addressing employee benefit inquiries.
• Assist in administering leave processes for employees and maintaining leave policies and procedures, ensuring compliance with federal, state, and local regulations.
• Support employees by providing clarification and information about benefits and leave programs; assist employees with new hire benefits enrollment and life/status change events.
• Conduct audits and assessments to ensure data integrity in the HR information system and data communications between benefit carriers; troubleshoot between system and carriers.
• Maintain documentation related to compensation and benefits programs, including policies, procedures, and employee communications.
• Assist in preparing materials such as presentations and training documents for various compensation and benefits related initiatives.
• Coordinate with other HR team members to maintain and update employee records in the HR information system including benefits, compensation and other data.
• Stay informed about changes in compensation and benefits laws and regulations, ensuring compliance with applicable requirements.
• Assist with other compensation, benefit and HR related projects and programs as necessary.

Requirements

• Bachelor's Degree in Business Administration or related field; or the equivalent combination of education and experience is required.
• 3+ years of experience in Compensation and Benefits administration.
• Advanced level of proficiency in Microsoft Office Suite Applications.
• Familiarity with HR information systems.
• Ability to create pivot tables and write formulas to include Vlookup, Xlookup, index, etc. in Excel.
• Demonstrated ability to plan, organize, prioritize, assign, and coordinate a workload of assigned area and employees within a multiple project setting.
• Proven interpersonal skills necessary to establish and maintain effective working relationships with co-workers, employees, management, and contractors.
• Extensive knowledge of employee benefits and applicable laws.
• Excellent communication (verbal and written), presentation, organization, time management, problem solving, and follow-up skills.
• Strong analytical and critical thinking skills and attention to detail.

Nice-to-haves

• Industry experience, preferred.
• Various Compensation, Benefits, and Human Resources Certifications are a plus.

Benefits

• Health insurance
• Dental insurance
• Flexible spending account
• Paid time off
• Vision insurance
• 401(k) matching