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Compensation Analyst or Senior Analyst

Location: Rapid City, SD, United States
Job ID: 33625
Date Posted: Sep 22, 2021
Salary: $69800 to $104800 annually

Job Description

Job Specifications

Evaluate and market price all non-exempt and exempt positions. Assist in the research, design and implementation of the Company’s total direct compensation programs. Communicate research and analysis findings to HR leadership and senior management team; recommend market led changes based on survey research and analysis results. Provide guidance and interpretation to senior leaders, managers, supervisors and employees on compensation programs’ design and administrative procedures.

SALARY RANGE:   (Determined by the knowledge, skills and abilities of the applicant.)

     Analyst:  $69,800 - $104,800

     Senior Analyst:  $76,300 - $114,450

REPORTING RELATIONSHIP: Director, Total Rewards

LOCATION: Our Corporate Headquarters in Rapid City, South Dakota. 

  • To learn more about our locations, please visit the locations page on our career website!
  • A Comprehensive Relocation Plan is offered for this position! Our benefits include but are not limited to home finding trip, transportation of household goods, temporary housing expenses, destination apartment search assistance, paid time off to move, transition and spousal career support, home finder and purchase assistance, relocation adjustment allowance, destination new purchase closing costs. Depending on individual circumstances, our benefit may also include trips home during temporary housing, renter’s lease cancellation assistance, or home marketing and sale closing cost assistance and/or purchase closing cost assistance. Contents of our relocation program are subject to change and may vary based on position.

ESSENTIAL JOB FUNCTIONS:

  • Evaluate and market price positions make recommendations on slotting when market information may not exist or match. Based on market analysis, recommend appropriate pay range, People Soft job code, title and overtime exemption classification.
  • Recommend appropriate pay ranges and review job descriptions to ensure they reflect appropriate title, essential functions, and qualifications.
  • Coordinate, administer and assess compensation plans (base pay, incentives and stock compensation).
  • Assist and support the design and implementation of the Company’s total compensation programs.
  • Review and assist with job offers for internal and external candidates, utilizing appropriate internal and external equity reviews.
  • Provide guidance to management through interpretation of compensation programs.
  • Assist in the assessment of the impact of existing compensation programs through modeling.
  • Complete compensation surveys from a wide variety of sources in order to capture compensation data based on the market.
  • Maintain the compensation technology, ensuring regular uploads are performed from the linked systems.
  • Prepare communications material to advise employees at all levels of changes to individual’s pay including widely distributed compensation incentive target information, etc.
  • Maintain compensation systems, ensuring regular uploads are performed. Work closely with HRIS to ensure systems meet compensation needs and update changes as well as assist with testing and implementation.
  • Establish and maintain appropriate vendor and/or outside company contacts that are required for the administration of established compensation programs and research studies.
  • Foster and promote proactive communication within the Human Resources Department and throughout the corporation.
  • Exhibit a high degree of professionalism, customer service and confidentiality.

ADDITIONAL RESPONSIBILITIES:

  • Assist with special projects as requested.
  • Support and/or participate in continuous improvement efforts.
  • Participate and represent the corporation in civic, industry and professional organizations.

QUALIFICATIONS:

Analyst

  • Minimum of (3) three years of professional compensation, financial analyst or other relevant experience required.
  • Bachelor’s Degree in Human Resources, Business Administration or Accounting or equivalent combination of education and experience, required. 

Senior Analyst

  • Minimum of (4) four years of professional compensation, financial analyst or other relevant experience required.
  • Bachelor’s Degree in Human Resources, Business Administration or Accounting or equivalent combination of education and experience, required. 

KNOWLEDGE/SKILLS/ABILITIES:

  • Proven understanding of compensation including compliance with state and federal laws that apply to base, bonus and incentive plans.
  • Excellent verbal and written communication and presentation skills.
  • Demonstrated strong analytical and problem-solving skills.
  • Sophisticated skills in Microsoft Office Products including Excel, Word, and Outlook.
  • Comfortable working in a variety of 3rd party computer applications including HRIS systems, and other niche software as required.
  • Work effectively in a diverse group and independently.
  • Outstanding organizational and interpersonal skills.
  • Manage multiple projects and priorities and meet deadlines in an environment of rapid change.
  • Maintain accurate and detailed records.
  • Ability to work in a fast-paced environment.
  • Maintain strict confidentiality of business and personal compensation information.

MENTAL/PHYSICAL DESCRIPTIONS AND WORKING CONDITIONS: 
The mental and physical descriptions are representative of the activities an employee in an office job performs. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Mental Requirements: Understand, remember, apply oral and/or written instructions or other information, and communicate routine factual information. Apply common sense in performing job functions, usually within a set of rules or guidelines.

While performing the duties of this job, the employee continuously accesses, inputs, and retrieves electronic information and communicates regarding the information. Employee frequently moves about the office space. Employee may occasionally: balance, stoop, kneel, crouch, crawl, push, pull and reach. Employee must be able to operate routine office equipment including computers and similar equipment. Must be able to routinely perform this work for an average of 6-8 hours per day and occasional extended hours as necessary. Must be capable of regular, reliable, and timely attendance.

Specific lifting abilities required by this job include: Sedentary work. Exerting up to 10 pounds of force occasionally and/or negligible amount of force frequently or continuously to lift, carry, push, pull or sitting most of the time. Jobs are sedentary if moving about is only occasionally and all other sedentary criteria are met.
Work environment: Routinely perform work indoors in climate-controlled shared work area with moderate noise level. Willing to travel occasionally (less than 10 days per year) by automobile (as driver and passenger), commercial airlines, rental vehicles and public transportation and be able to lodge in public facilities.

This description is not intended to be an all-inclusive list of responsibilities, duties, and requirements for employees in this position. Job descriptions may and do change periodically. Where positions are covered by a collective bargaining unit agreement, the terms and conditions of the collective bargaining unit agreement will apply.


About our Company: We are a customer focused, growth-oriented utility company that is devoted to our communities. We have a mission to improve life with energy and a vision to be the energy partner of choice. Our diverse culture sparks unique perspectives, opening doors to new ideas and possibilities. Based in Rapid City, South Dakota, we have over 2900 employees and serve 1.2 million natural gas and electric utility customers across eight states (South Dakota, Montana, Wyoming, Colorado, Nebraska, Iowa, Kansas, and Arkansas).

Enjoy our Comprehensive Benefits Package: annual incentive program (based on percentage of eligible earnings), 401(k) (6% company match and up to 9% company retirement contribution), tuition reimbursement, paid time off, additional Veteran PTO, military leave differential pay, paid holidays and annual floating holidays, company paid short term and long term disability, paid maternity and paternity benefits, health and wellness program, and competitive medical, dental and vision insurance.

Candidates must successfully pass a pre-employment drug screen and background check. 

Black Hills Corporation does not sponsor applicants for work visas. All applicants must be legally authorized to work in the US.

Black Hills Corporation is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, age, or status as a protected veteran.

Wage: 69800 to 104800
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Rapid City, South Dakota
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Compensation Analyst or Senior Analyst

Rapid City, SD, United States