Compensation Analyst

Since 1920Helmerich and Paynehas been the industrys most trusted partner in drillingproductivity and reliability. As the world changes so does our approach. We are changing the landscape of drilling by using cutting-edge rig technologies and drilling solutions to build upon a century ofsuccess all while continuing to deliver better outcomes for our customers.

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Location: Tulsa OK

Work Type: Onsite

#LI On-site

At a Glance:

The Compensation Analyst is primarily responsible for assisting with the implementation and administration of compensation programs. The role will participate in compensation related projects and process improvements in the compensation system.

What you will do:

The following items represent the essential functions and accountabilities for this position. This description is not meant to be all inclusive nor to prevent other duties from being assigned when necessary. Responsibilities may change at any time with or without notice. Regular and reliable attendance is essential and required in performance of the job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions of the job.

• Researches analyzes and presents compensation data in order to assist with the determination of salaries offered to new hires base compensation adjustments for existing employees and short-term incentive targets for the annual corporate bonus plan.

• Coordinates the process of procuring compensation market data. Completes compensation surveys and directly interact with survey vendors to complete the survey process (e.g. review survey job descriptions to ensure that H&P positions and survey positions are matched appropriately answers questions from vendor related to data submitted etc.). Research and identifies survey products that could potentially serve as relevant data points used for the purpose of establishing salaries/hourly rates.

• Completes special projects. Examples: Provides analysis used to established salaries/hourly rates when FLSA reclassifications occur. Provides analyses related to cost-of-living differentials. Fulfills ad hoc reporting requests.

• Provides accrual support to the accounting department. On a quarterly basis prepare details and summary bonus accruals.

• Performs control activities to ensure compliance with established compensation practices. On a monthly basis reviews positions with default compensation for compliance with established salaries/hourly rates. Research discrepancies and resolves instances of non-compliance through regular audit reporting.

• Develop process improvements within the compensation system.

• Maintains compensation data within the HR system. This includes but is not limited to one-time payment processing employee data corrections outside guideline approval steps mass load file templates allowance plan documentation etc.

• Creates one-time payment employee letters

• Works with HR and IT staff to ensure that the HR systems meet compensation needs and is updated to reflect changes to salary structures bonus programs etc.

• Supports annual compensation merit and bonus program as needed.

• Partners with business leaders to ensure compensation guidelines are consistently applied.

• Participates in projects such as survey participation and analysis in compensation integration for mergers and acquisitions.

• Provides Tier 1 support for most compensation related inquiries

• Works with the legal department to fulfill compensation information requests

• Demonstrates the H&P Company values: Actively C.A.R.E. Service Attitude Innovative Spirit and Teamwork.

What you need:

• Certified Compensation Professional (CCP) preferred.

• Bachelors degree in human resources management Business Accounting Finance or other related degrees.

• 4 years of experience in an analytical role or equivalent combination of education and experience. Knowledge of Workday system a plus.

• Basic knowledge of compensation practices and processes.

• Ability to conduct comprehensive market pricing studies.

• Ability to organize and work on multiple activities which require close attention to detail.

• Ability to apply consultative skills in a business environment.

• Strong project management skills.

• Ability to organize and maintain a high level of objectivity and confidentiality.

• Analytical with demonstrated quantitative skills.

• Proficient with Microsoft Office products including advanced Excel skills.

• Solid written and verbal communication skills.

What we offer:

At H&P our commitment to our people is at the forefront and that includes benefits that provide employees a sense of health and financial security. We know that life continues outside of employment and actively caring of our people is our priority.

• Comprehensive medical dental vision and life insurance

• Flexible Spending or Health Savings Accounts

• 401k match

• Paid Leave Plans

• Parental & Adoption Benefits

• Disability Coverage

• Employee Assistance Program

• Educational Assistance

• Learning & Development Opportunities

• Flex-scheduling available for qualifying positions to achieve work-life integration