What are the responsibilities and job description for the Total Rewards Analyst Lead position at ERCOT/Electric Reliability Council of Texas?
At ERCOT, our diverse and dynamic work environment provides a platform on which employees can work together to build the future of the Texas power grid and wholesale market utilizing the latest technologies and resources. We encourage you to join our talented, dedicated workforce to develop world-class solutions for today and tomorrow’s energy challenges while learning new skills and growing your career.
ERCOT is committed to fostering inclusion at all levels of our company. It is the cornerstone of our corporate values of accountability, leadership, innovation, trust, and expertise. We know that individuals with a wide variety of talents, ideas, and experiences propel the innovation that drives our success. An inclusive and diverse workforce strengthens us and allows for a collaborative environment to solve the challenges that face our industry today and in the future.
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 HCM 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.
ERCOT is firmly committed to equal employment for all qualified persons without regard to race, sex, medical condition, religion, age, creed, national origin, citizenship status, marital status, sexual orientation, physical or mental disability, ancestry, veteran status, genetic information or any other protected category under federal, state or local law.
Expected Salary Range:
$112,178 - $190,703Salary : $112,178 - $190,703