Compensation Analyst II at Memphis Light, Gas and Water

Memphis, Tennessee, United States -

Full Time

Start Date

Immediate

Expiry Date

02 Sep, 26

Salary

0.0

Posted On

04 Jun, 26

Experience

2 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Compensation Analysis, Job Evaluation, Market Pricing, Salary Administration, Benchmarking, Data Analysis, Microsoft Excel, Oracle EBS, Internal Equity Monitoring, Compliance Review

Industry

Utilities

Description

MLGW is the nation’s largest three-service municipal utility, serving over 440,000 customers representing diverse backgrounds. Since 1939, MLGW has met the utility needs of Memphis and Shelby County residents by delivering reliable and affordable electricity, natural gas, and water service. We provide a full range of customer-oriented services, including a major role in the economic development for our customers. MLGW recognizes that our greatest assets are our employees and value diversity, equity, and inclusion. We are committed to providing opportunities for career growth, training, and development. MLGW offers competitive benefits including PTO, pension and 457B retirement plan. We are dedicated to corporate social responsibility through community volunteerism and giving. MLGW is an equal opportunity employer and does not discriminate because of race, color, religion, sex, sexual orientation, gender identity, age, national origin, genetic information, disability, protected veteran status, or any other status protected by law. No information obtained in this application is intended to be used for such discrimination. JOB PURPOSE: The Compensation Analyst II performs intermediate-level professional compensation work supporting compensation programs, job evaluation activities, salary administration processes, market pricing, and classification reviews. Responsibilities include conducting compensation analyses, preparing reports, participating in salary surveys, maintaining compensation data, and supporting organizational compensation initiatives. The position exercises independent judgment in applying established compensation principles and provides consultation to leaders and Human Resources partners on routine and moderately complex compensation matters. ESSENTIAL FUNCTIONS: Support the administration of compensation programs and annual compensation processes, including salary reviews, promotional increases, market adjustments, and compensation recommendations. Conduct job evaluations, position reviews, reclassifications, and compensation analyses using established compensation methodologies. Perform market pricing and benchmarking analyses utilizing compensation surveys and market data. Research labor market trends and compensation practices to support compensation recommendations and salary administration activities. Participate in salary survey submissions, validate compensation data, and assist in analyzing survey results. Prepare standard and ad hoc compensation reports and maintain compensation-related records and documentation. Review compensation transactions to ensure compliance with compensation policies, procedures, and salary administration guidelines. Assist in monitoring internal equity and identifying potential compensation discrepancies for management review. Evaluate organizational changes and position requests to support classification and compensation recommendations. Collaborate with leaders, Human Resources Business Partners, Talent Acquisition, HRIS, Payroll, and Finance to provide compensation-related support and guidance. Support maintenance of salary structures, job classifications, compensation databases, and position control processes. Research and resolve compensation inquiries, salary concerns, and classification issues. Ensure data accuracy, integrity, and consistency within compensation systems and reports. Assist with compensation-related audits, compliance reviews, and documentation requirements. Perform other duties as assigned. LICENSES AND CERTIFICATIONS A valid driver's license from state of residence is required. EDUCATION Bachelor's degree in Human Resources, Business Administration, Finance, information Systems or related field is required. EXPERIENCE 2 years of experience in compensation conducting, job evaluation, market pricing , salary analyses and compensation program administration. ADDITIONAL INFORMATION Must have demonstrated knowledge of and application of computer software such as spreadsheets, word, access, presentation, etc. Must have a basic knowledge of assigned division operations. Strong Microsoft Office skills, Excel, Word, Oracle EBS experience is a plus. Work in the office the majority of the time. Subject to hazards at work sites during analysis. May be required to work extended hours. Physical Demands: Requires sedentary work involving standing or walking for brief periods, exerting up to 20 pounds of force on a regular basis; and some dexterity in operating office equipment. Sensory (ADA) Requirements: The position requires normal visual acuity and field of vision, hearing and speaking abilities. THIS LIST OF ESSENTIAL FUNCTIONS IS NOT EXHAUSTIVE AND MAY BE SUPPLEMENTED AS NECESSARY.

Responsibilities

The Compensation Analyst II performs intermediate-level professional work supporting compensation programs, job evaluations, and salary administration. Key duties include conducting market pricing, preparing compensation reports, and providing consultation to HR partners and leadership.