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Senior Compensation Specialist

Senior Compensation Specialist

  • Location United States - Colorado - Denver
  • Travel required No
  • Job category HR Group
  • Relocation available No
  • Job type Professionals
  • Job code 137621BR
  • Experience level Intermediate
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Job summary

The Senior Compensation Specialist provides subject matter expertise on delivery of bpx energy’s reward activities, including base compensation, incentives, job evaluations, salary survey participation, recognition, timekeeping, and benefits specific to bpx energy. A competitive approach to compensating our employees is a key piece of bpx energy’s efforts to become a premier onshore production company in the United States. This individual will have the opportunity to deliver a lasting impact on the way the bpx energy attracts, retains, motivates, and rewards current and future employees.

Key Accountabilities:

  • Lead activities related to providing a competitive compensation program to individuals so that bpx energy can hire top talent, reward exceptional performance, and enable employees from all backgrounds to thrive

  • Lead implementation and development of all aspects of the annual reward cycle

  • Partner with bp Reward on timely delivery of all items necessary to administer the reward cycle, annual cash bonus, spot bonuses, incentive plans, and other allowances, reimbursements, and premiums

  • Manage timekeeping in Kronos for non-exempt employees, including bi-weekly review and approvals, timekeeping rule creation/modifications and implementation, and reporting metrics of compliance on timekeeping approvals

  • Manage submissions to market surveys, analyze resulting data to understand labor market trends, and maintain appropriate updates to salary structures, pay ranges, and other industry competitive benefits (e.g., travel allowances)

  • Maintain accurate salary data including the consistent mapping of job titles, Workday job/compensation profiles, pay ranges, and grades

  • Oversee non-cash and non-core benefits (e.g., vacation program)

  • Partner with P&C colleagues to conduct job evaluation, re-leveling, and title adjustments, consult on job offers and promotions, and manage day-to-day compensation needs

  • Coordinate closely with P&C colleagues on day-to-day and ad hoc support of compensation, reporting, modeling, and analysis needs

  • Develop and support employee recognition programs

  • Partner with bpx’s labor attorney on compliance with compensation regulations, including FLSA status reviews

  • Stay current on the latest compensation trends, best practices, methods, and technology

  • As needed, the incumbent will take on additional duties as assigned

Education:

  • Minimum of a Bachelor’s degree required; Master’s Degree in HR or related field preferred

  • PHR or SPHR preferred

Experience:

  • Minimum of 5 years of employee compensation experience

  • Demonstrated success in providing compensation support in the US onshore independent environment preferred

  • Background/experience as HR generalist desired

Required Skills / Competencies:

  • Forward-looking thinker who actively seeks opportunities and solutions

  • Demonstrated business focus and experienced at driving change

  • Ability to demonstrate ownership for key priorities and the achievement of desired results

  • Ability to deliver exceptional performance in a fast-paced environment, managing multiple projects with competing demands

  • Relentless drive and determination

  • Ability to make independent decisions and recommendations based on compensation principles and philosophy

  • Strong written, verbal, and graphic communication skills, including the ability to effectively communicate technical information to varying audiences at all levels of the organization

  • Exceptional quantitative skills with a commitment to accuracy and details

  • Strong interpersonal and communication skills with ability to build productive relationships with employees at all organizational levels

  • Ability to work with sensitive information and maintain confidentiality

At bp/bpx energy, we support our people to learn and grow in a diverse and challenging environment. We believe that our team is strengthened by diversity. We are committed to fostering an inclusive environment in which everyone is respected and treated fairly.

How much do we pay (Base)? $100,837-$149,659
*Please see the bp LifeBenefits site for further information. Further note that eligibility for and participation in all benefits offerings described above are subject to the terms of conditions of the applicable benefit plan.

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