Total Rewards Analyst Lead

We are seeking a highly skilled and experienced Total Rewards Analyst to join our team. The ideal candidate will have a strong background in compensation management, with a minimum of 8 years of experience in Total Reward programs, compensation administration and strategy, market analysis, executive compensation plans, and incentive plans. Preferred experience and knowledge include Workday software and Board of Director Compensation. This role is integral to ensure ERCOT’s compensation practices are competitive, equitable, and aligned with the company's strategic goals.

Key Responsibilities:

• Design and implement compensation policies and programs that align with business objectives.
• Complete compensation benchmark surveys and conduct market research and analysis to ensure competitiveness in the marketplace.
• Develop and maintain salary structures, job grading, and pay scales.
• Evaluate new and existing job classifications to maintain internal equity and consistency across roles.
• Evaluate variable pay programs to drive corporate and individual performance and rewards.
• Provide consultation to management, HR Business Partners and Recruiting on compensation-related matters including job evaluations, salary adjustments, promotions, and offers of employment.
• Support the communication and administration of the company’s annual compensation merit planning process and other enterprise-wide projects or initiatives.
• Partner with HRIS staff to publish Total Rewards information for all employees to understand their total value of employment at ERCOT.
• Prepare and present compensation reports and analyses for senior leadership.
• Educate managers and employees on compensation processes and programs.
• Ensure compliance with all federal, state, and local compensation laws and regulations.

Requirements:

• Bachelor's degree in; Human Resources, Business Administration, or a related field.
• A minimum of 8 years of experience in compensation management.
• Experience with analysis, design and /or administration of compensation programs, including executive compensation and incentive programs.
• Prefer extensive knowledge in compensation and Total Rewards programs.
• Strong analytical and problem-solving skills.
• Excellent communication and interpersonal skills.
• High level of attention to detail and accuracy.
• Ability to work independently and as part of a team.
• Proficiency in Microsoft Office Suite (Excel, Word, PowerPoint).

Preferred Qualifications:

• Certified Compensation Professional (CCP) designation or similar compensation professional certification.
• Experience in a similar industry or corporate environment.