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Senior Compensation Analyst

Job ID: CNP03359
Posted on: 3/8/2021 6:58:28 PM
Location: Houston, TX US

Job Description

CenterPoint Energy and its predecessor companies have been in business for more than 150 years. Our vision to lead the nation in delivering energy, service and value drives our strategy and performance. We have an unwavering commitment to safely and reliably deliver electricity and natural gas to millions of people.

Inclusion and Diversity

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.

Learn more in the “About Us” section of our career’s web site.

As the Senior Compensation Analyst, you will be responsible to design, implement and administer employee compensation programs.

Specifically, you’ll have the opportunity to:

  • Understand company compensation plans and administrative processes covering base salary and variable pay programs, including executive compensation. Monitor compensation program elements such as competitive pay adjustments, promotions, job changes, and incentive goals and awards. Develop procedures and processes to ensure consistent and equitable administration of compensation plans and recommend changes to program designs as needed.
  • Conduct and participate in internal and external studies of compensation practices, using market pricing software, Excel, Access, or Business Objects to capture and report data. Interpret competitive compensation data, present observations to management, and recommend actions based on analysis.
  • Partner with Regulatory, Finance & Accounting and other functions to prepare for regulatory filings and respond to rate case requests (RFIs) in a timely manner.  Conduct research and analyze data to formulate accurate and comprehensive responses.
  • Provide management and human resource management with advice and interpretation in the planning and implementation of organizational changes and related position and job title changes.
  • Conduct job evaluations of new and revised positions using methods such as market pricing, job slotting, and internal point factor comparisons. Design and maintain compensation pay structures. Make recommendations to management using these tools.
  • Maintain data integrity of human resource information systems through SAP in the implementation of personnel and position changes such as FLSA status and EEO category.
  • Stay abreast of the latest developments in the field of compensation management and maintain knowledge of Fair Labor Standards Act, Equal Pay Act, Securities and Exchange Commission regulations related to compensation to ensure compliance.
Qualifications

 

  • BS/BA Degree required in Business Administration, Human Resource Management, Finance, or other related field
  • Minimum of 5 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.
  • Executive compensation experience, including long-term incentive administration 

Preferred:

  • Certification from WorldatWork or SHRM

 

This is an office-based position located at our corporate office in downtown Houston, TX.

 

#LI-TS1

This contractor and subcontractor shall abide by the requirements of 41 CFR §§ 60-1.4(a), 60-300.5(a), and 60-741.5(a). These regulations prohibit discrimination against qualified individuals based on their status as protected veterans or individuals with disabilities, and prohibit discrimination against all individuals based on their race, color, religion, sex, sexual orientation, gender identity, or national origin. Moreover, these regulations require that covered prime contractors and subcontractors take affirmative action to employ and advance in employment individuals without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, protected veteran status or disability.

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