Analyst, Compensation

About the role

CenterPoint Energy and its predecessor companies have been in business for more than 150 years. Our Vision: Our vision is to become the most admired utility in the United States through the execution of our long-term growth strategy. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.

Our Commitment: CenterPoint Energy is committed to creating an inclusive work environment where business results are achieved through the skills, abilities and talents of our diverse workforce. At CenterPoint Energy, individuals are respected for their contributions toward our company objectives. We strive for an inclusive work environment across all levels that is reflective of the available workforce in the communities we serve.

Support day-to-day administration and analysis of employee compensation programs, including base pay, incentive compensation, market pricing, job evaluation, and related compensation processes.

Responsibilities

• Perform routine to moderately complex compensation analyses using established guidelines, tools, and methodologies.
• Review job and pay information, validate data, summarize findings, and prepare preliminary recommendations for review by more senior compensation team members or management.
• Work with Human Resources and business partners to provide accurate information and responsive support, escalating complex or unusual matters as appropriate.
• Administer recurring compensation processes and support program activities for base pay, incentive compensation, market pricing, job evaluation, and compensation data maintenance using established procedures.
• Review and process compensation transactions such as pay adjustments, promotions, job changes, incentive plan updates, and awards for accuracy, completeness, and alignment with established guidelines.
• Assist with internal and external compensation studies by gathering, organizing, and analyzing market data through approved tools and reporting systems.
• Respond to routine compensation data requests from Legal, Regulatory, Finance, Accounting, and other functions by researching information, validating data, and preparing draft responses or reports for review.
• Provide analytical support to Human Resources and business partners on routine position changes, job title reviews, and compensation questions.
• Analyze new and revised positions using established market pricing, job slotting, and internal comparison methodologies.
• Update and maintain compensation and job-related data in human resource information systems, including SAP, for personnel and position changes such as FLSA status and EEO category updates.
• Apply working knowledge of compensation practices, regulations, and compliance requirements, including the Fair Labor Standards Act and Equal Pay Act, to support accurate program administration and identify items requiring additional review.
• Administer the company recognition program, including routine program support, data maintenance, activity review, and inquiry response in accordance with established guidelines.

Qualifications

BS/BA Degree required in Business Administration, Human Resource Management, Finance, or other field. Certification from WorldatWork (CCP) is desired.

Requires a minimum of 2 years of demonstrated experience and knowledge in compensation administration including base salary administration, use of market surveys, job pricing techniques, job evaluation, variable pay design and administration, and regulatory compliance.

Benefits

• Competitive pay
• Paid training
• Benefits eligibility begins on your first day
• Transit subsidies
• Flexible work schedule, paid holidays and paid time off
• Access to discounts at fitness clubs and an on-site wellness center at our headquarters in Houston
• Professional growth and development programs including tuition reimbursement
• 401(k) Savings Plan featuring a company match dollar-for-dollar up to 6% and a company contribution of 3% regardless of your contribution