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Compensation Analyst

Location: 

Akron, OH, US, 44308

Job Function:  Human Resources
Employee Type:  Reg Full Time (FT)
Requisition ID:  44504

FirstEnergy at a Glance


We are a forward-thinking electric utility powered by a diverse team of employees committed to making customers’ lives brighter, the environment better and our communities stronger.
 

FirstEnergy (NYSE: FE) is dedicated to integrity, safety, reliability and operational excellence. Headquartered in Akron, Ohio, FirstEnergy includes one of the nation's largest investor-owned electric systems, more than 24,000 miles of transmission lines that connect the Midwest and Mid-Atlantic regions, and a regulated generating fleet with a total capacity of more than 3,500 megawatts.


About the Opportunity

This is an open position with the FirstEnergy Service Company, a subsidiary of FirstEnergy Corp. [SC00]

 

The Compensation Analyst performs various business-related activities to support the Compensation section of Corporate Human Resources. The Compensation team is responsible for designing and providing competitive base pay and incentives to all levels of employees aligned with the Company’s pay-for-performance philosophy. This position partners with the business units to ensure that programs  support their objectives by helping to attract and retain key and critical talent. In addition, this position designs and provides market competitive total rewards to attract, motivate, retain, and reward employees  whose performance contributions and behaviors help drive the Company's success.

 

This position reports to the Manager, Employee Compensation and Payroll and is located within the FirstEnergy service footprint.

 

Responsibilities include:

 

  • Leading the design, implementation and administration of non-bargaining compensation programs, policies, and guidelines, including but not limited to the annual base pay review and short-term incentive program
  • Analyzing compensation surveys to determine compensation trends and to ensure competitive positions in the external market and internal equity across the organization
  • Consulting with business unit leaders on compensation practices and processes
  • Providing project management and analytical support in key compensation special projects
  • Driving educational and communication efforts throughout the organization related to compensation programs and practices
  • Compiling reports and statistics for FirstEnergy's various compensation programs and initiatives
  • Understanding and applying regulatory requirements related to compensation such as the Fair Labor Standards Act (FLSA), Equal Pay Act (EPA), etc.
  • Remaining knowledgeable of compensation trends and recommending process improvements
  • Performing moderately complex reporting and analysis functions
  • Serving as a thought leader in the group as well as a mentor and coach to less tenured employees
  • Recommending and implementing solutions to more complex compensation issues to drive positive change across the organization. 

 

Qualifications

 

  • Bachelor’s degree in Business or related discipline preferred with minimum 4 - 7 years relevant work experience is required. 
  • In lieu of a bachelor’s degree (preferred), minimum 7 - 10 years relevant work experience is required.  Relevant work experience includes experience with the following: Employee Compensation, Finance, Auditing, and analytical experience. 
  • Advanced proficiency in Microsoft Office applications (Excel, PowerPoint, and Word).  SAP experience required with the ability to generate reports in SAP and analyze large quantities of data
  • Able to manage and prioritize multiple work assignments while maintaining a strong attention to detail
  • Able to develop creative solutions to solve problems
  • Strong communication skills
  • Able to provide guidance to leadership in nonstandard situations

 

Benefits, Compensation & Workforce Diversity

At FirstEnergy, employees are key to our success. We depend on their talents to meet the challenges of our changing business environment. We are committed to rewarding individual and team efforts through our total rewards philosophy which includes competitive pay plus incentive compensation, a company-sponsored pension plan, 401(k) savings plan with matching employer contribution, a choice of medical, prescription drug, dental, vision, and life insurance programs, as well as skills development training with tuition reimbursement. Please visit our website at www.firstenergycorp.com to learn more about all of our employee rewards programs. FirstEnergy proudly supports workforce diversity. All qualified applicants will receive consideration for employment without regard to race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, or status as a qualified individual with a disability. No recruiters or agencies without a previously signed contract. Unable to sponsor or transfer H-1B visas at this time.

Safety

Safety is a core value for FirstEnergy and is essential to all of our business activities. We ensure employees have the tools, information, and processes to perform their duties in a manner that assures safety for themselves, their co-workers, our customers and the public. Our goals are to provide a safe work environment, to maintain an accident-free, injury-free workplace, and to promote and maintain public safety. To meet these goals, we dedicate ourselves to achieving world-class safety standards.

Position Classification

Exempt 

 

FirstEnergy Human Resources Team

 

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Nearest Major Market: Akron
Nearest Secondary Market: Cleveland

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