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25-067.P1 - Compensation Analyst

The Compensation Analyst implements compensation programs to attract, reward, and retain top talent across Hilcorp. Manages calculation and payment processing of our bonus program. Also supports our Long-Term Incentive (Buy-In) team as needed with analytical and accounting related work.

Essential Job Responsibilities:

  • Lead the delivery of compensation programs, policies, and projects across the organization in accordance with Hilcorp’s compensation philosophy.
  • Evaluate job positions, determining classification, exempt or non-exempt status, and salary.
  • Prepare occupational classifications, job descriptions, and salary scales.
  • Lead the annual compensation review process, including salary planning, incentive awards, configuration of HRIS (Workday), and communication of compensation outcomes.
  • Evaluate jobs and recommend grades to ensure internal equity and external competitiveness.
  • Provide subject matter expertise, insight, and understanding to the business on all compensation matters.
  • Prepare compensation recommendations for new hires and current employees, providing insight based on knowledge of relevant labor markets and internal relativity.
  • Research compensation trends and conduct market analysis to ensure programs are aligned with the competitive market.
  • Review compensation policies to ensure continued alignment with legislation and best practice.
  • Use compensation data to provide thoughtful analysis and insight to drive recommendations, with the ability to present outcomes to business leaders in a concise manner.
  • Calculate bonus payments according to Hilcorp’s plan document and ensure appropriately uploaded to Workday for payment.
  • Provide training to the organization on compensation related topics on an ad-hoc basis.
  • Support Buy-In projects and initiatives with data analysis, insight generation, and recommendations that improve decisions.
  • Identify trends, problem solve and implement resolutions using data extracted from financial accounting system (SAP), Buy-In system, and Workday.
  • Complete special projects, as assigned.

Other Job Responsibilities:

  • Adheres to the company’s values – Integrity, Ownership, Urgency, Alignment, and Innovation.
  • Supports company vision and mission.
  • Adheres to established work schedule, attendance standards and is punctual to work and meetings.
  • Ability to remain professional, positive, determined, and focused when facing challenging situations.
  • Maintains employee confidence and protects company assets, including intellectual property, by keeping information confidential.
  • Contributes to team effort by accomplishing related results, as needed.
  • Able to travel across L48 and Alaska on an as-needed basis.
  • Other duties as assigned by management.

Qualifications:

  • 7+ years of progressive experience in compensation, accounting or related field with an emphasis on executing multiple initiatives and process enhancements.
  • Understanding of generally accepted accounting principles preferred.
  • Demonstrated success in the design, implementation, and communication of compensation programs with the ability to advise and influence senior leaders.
  • Ability to use data to build & present recommendations to senior leaders, ask thoughtful questions, and bring ideas to the table.
  • Understanding of compensation trends, pay equity, compensation administration and financial modelling with the ability to present and train individuals on compensation topics.
  • Exceptional analytical and critical thinking skills, ensuring diligence with the details.
  • Ability to work in a demanding environment and manage multiple priorities effectively.
  • Maintain technical knowledge by attending educational workshops and reviewing professional publications, establishing personal networks, and participating in professional associations.
  • Knowledge of IRS & FLSA regulations.
  • Oil and Gas industry experience preferred.
  • Workday experience preferred.
  • High level of MS Office proficiency.

Education Requirements:

  • Bachelor’s Degree from an accredited four-year university or college with a degree in Human Resources, Business Administration, or related field

Certifications, Licenses, Registrations:

  • Certified Compensation Professional (CCP) preferred

Average salary estimate

$95000 / YEARLY (est.)
min
max
$80000K
$110000K

If an employer mentions a salary or salary range on their job, we display it as an "Employer Estimate". If a job has no salary data, Rise displays an estimate if available.

What You Should Know About 25-067.P1 - Compensation Analyst, Hilcorp Energy

Are you ready to take your career to the next level as a Compensation Analyst at Hilcorp in Houston, Texas? In this exciting role, you'll be at the heart of our compensation programs, helping us attract, reward, and retain the best talent in the industry. Your mission will involve managing our bonus program and lending support to our Long-Term Incentive team with some analytical and accounting work. With your extensive knowledge and a focus on our compensation philosophy, you'll evaluate job positions, prepare classifications and salary scales, and lead our annual compensation review process. You’ll be pivotal in advising leadership by presenting your insights and recommendations based on rigorous market analysis and data-driven trends. Your expertise will help us ensure internal equity and competitive advantages in compensation while maintaining adherence to legislative guidelines. We value your ability to problem-solve using the financial accounting system and your top-notch analytical and critical thinking skills. At Hilcorp, we foster a culture rooted in Integrity, Ownership, Urgency, Alignment, and Innovation, and we look forward to welcoming someone who shares these values into our team. If you are passionate about compensation analysis and thrive in a dynamic environment, this is the role for you!

Frequently Asked Questions (FAQs) for 25-067.P1 - Compensation Analyst Role at Hilcorp Energy
What are the key responsibilities of the Compensation Analyst at Hilcorp?

The Compensation Analyst at Hilcorp is responsible for leading the delivery of compensation programs, evaluating job positions, preparing occupational classifications, and managing the annual compensation review process. This role is crucial in ensuring alignment with our compensation philosophy and addressing tasks such as salary planning and incentive awards, all while providing insights and analysis to leadership.

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What qualifications are needed for the Compensation Analyst position at Hilcorp?

Candidates for the Compensation Analyst position at Hilcorp should have at least 7 years of experience in compensation or a related field, with a strong focus on implementing processes and initiatives. A Bachelor’s Degree in Human Resources or Business Administration is required, and having a Certified Compensation Professional (CCP) designation is preferred.

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How does the Compensation Analyst support compensation policies at Hilcorp?

The Compensation Analyst at Hilcorp plays a vital role in reviewing and ensuring that compensation policies align with industry trends and legislative requirements. This includes market analysis to recommend adjustments as necessary to maintain competitive and equitable practices within the organization.

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What skills are essential for success as a Compensation Analyst at Hilcorp?

Essential skills for a Compensation Analyst at Hilcorp include exceptional analytical and critical thinking abilities, strong data presentation skills, and a deep understanding of compensation trends and financial modeling. Experience with HRIS systems like Workday and knowledge of IRS and FLSA regulations are also valuable.

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Can you describe the work environment for the Compensation Analyst role at Hilcorp?

The work environment for the Compensation Analyst role at Hilcorp is dynamic and fast-paced, requiring the ability to manage multiple priorities effectively. A collaborative atmosphere fosters teamwork and encourages communication and the sharing of ideas, all while aligning with the company's values of integrity and innovation.

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Common Interview Questions for 25-067.P1 - Compensation Analyst
What experience do you have with compensation programs?

In answering this question, focus on specific compensation programs you have developed or managed. Highlight any successful initiatives you've implemented and discuss how they impacted employee retention and satisfaction within the company.

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How do you ensure pay equity in your compensation analysis?

Demonstrate your approach to conducting thorough market analyses and how you utilize data to ensure equitable pay across similar roles. Share past experiences where you made recommendations that led to adjustments in compensation to ensure fairness.

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Can you explain your experience with HRIS systems, particularly Workday?

If you have experience with Workday, detail specific functionalities you've utilized in relation to managing compensation data, processing payroll, or generating reports. If not, discuss your adaptability in learning new systems quickly with examples.

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What methods do you use to stay current with compensation trends?

Talk about your commitment to professional development, including attending workshops, reading industry publications, and being active in professional organizations. Mention specific resources or trends you’ve found influential.

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How do you handle difficult conversations about compensation with employees?

Showcase your communication skills by discussing a specific scenario where you managed a sensitive conversation regarding compensation. Focus on empathy, clarity, and the process you followed to ensure the employee felt heard and valued.

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What challenges have you faced in implementing compensation programs?

Discuss a particular challenge you encountered, such as resistance to change from leadership or employees, and elaborate on the strategies you deployed to overcome these hurdles while successfully implementing the program.

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How do you calculate bonus payments and ensure they align with company policies?

Explain your understanding of bonus calculation processes and how you collaborate with other departments to ensure compliance with company policies. Provide an example of a time when you handled this process effectively.

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Describe a time when you used data analysis to influence a decision.

Share a specific instance where your data analysis led to a critical decision on compensation. Discuss the methodology you used, how you presented your findings, and the outcome of your recommendations.

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How do you prioritize tasks when managing multiple compensation programs?

Outline the strategies you employ to keep your projects organized and on track, such as using project management tools or setting clear timelines. Provide an example that illustrates your ability to effectively prioritize and manage your workload.

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What role do you believe the Compensation Analyst plays in employee engagement?

Emphasize the importance of the Compensation Analyst in shaping perceptions of fairness and value through well-structured compensation programs. Discuss how this can directly impact employee morale, engagement, and retention.

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March 29, 2025

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