Senior Compensation Analyst

$102,000 - $152,000/Yr

PG&E - Oakland, CA

posted about 2 months ago

Full-time - Mid Level
Hybrid - Oakland, CA
Utilities

About the position

The Senior Compensation Analyst position at Pacific Gas and Electric Company (PG&E) is a pivotal role within the People department, which is dedicated to equipping PG&E employees with the necessary tools, information, and services to ensure the delivery of safe and reliable gas and electric services to customers. The Compensation team is tasked with planning, designing, and implementing employee and executive compensation programs that not only add competitive value but also align with key business objectives. This team is divided into two main components: Executive Compensation and Broad-Based Compensation, both of which play crucial roles in the administration of compensation plans, proposing changes, ensuring regulatory compliance, and facilitating effective HR integration. In this role, the Senior Compensation Analyst will oversee the day-to-day administration of company-sponsored executive compensation plans, which include equity compensation programs, deferred compensation, and non-qualified retirement plans. The analyst will also support various external filings related to these programs. A strong attention to detail, coupled with solid analytical and problem-resolution skills, is essential for success in this position. The analyst will be required to adapt to varying demands and manage multiple deliverables and priorities effectively. Interaction with employee populations up to the Chief level necessitates a high degree of professionalism and discretion, as well as a commitment to providing excellent customer service. The position offers a unique opportunity to influence strategic decisions at the highest levels of the organization and to contribute to the development of innovative training and educational curriculum aimed at enhancing the participant experience. Additionally, the analyst will play a key role in launching an interactive participant portal designed to improve engagement and accessibility. This hybrid position allows for flexibility in working primarily from a remote office while also requiring in-person attendance based on business needs. The headquarters location is flexible within the PG&E service territory, providing a dynamic work environment that fosters collaboration and support among team members.

Responsibilities

  • Lead day-to-day administration of the company's equity compensation program, deferred compensation, and non-qualified retirement plans, including relevant tax implications.
  • Manage vendor performance by tracking and monitoring vendor metrics, and support research to resolve data/file issues for continuous improvement.
  • Ensure adequacy of supporting internal controls and proper accounting to support the accuracy of information reported.
  • Administer the annual pay planning process for officers, ensuring accuracy of information and strong partnership with HRBPs.
  • Be the first point of contact for coworkers, financial planners, and retirees with questions and requests related to executive compensation programs.
  • Support the development of communications and education materials to ensure understanding of PG&E executive compensation plans.
  • Support compliance with various legal and regulatory requirements on PG&E Executive Compensation Programs by drafting executive compensation information for various filings.
  • Support monthly financial reporting of executive compensation programs.

Requirements

  • Bachelor's degree in Business Administration, Finance, Human Resources, Industrial Organizational Psychology, or related field, or equivalent work experience.
  • 4 years of relevant experience in Human Resources, Business Administration, or data analysis.

Nice-to-haves

  • Experience with Executive Compensation Administration, including Annual Pay Planning.
  • Advanced degree in a relevant discipline (e.g., business administration, finance, human resources, industrial organizational psychology).
  • Certified Compensation Professional (CCP).
  • Experience with internal controls.

Benefits

  • Discretionary incentive compensation programs.
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