Compensation Analyst

Company: Newpark
Location: Conroe
Posted on: January 15, 2022

Job Description:

Overview
WHY JOIN NEWPARK?
One of Newpark's Core Values is Excellence. It means we are committed to delivering value through performance, innovation and service quality and that commitment starts with YOU! Newpark is a place where you can challenge yourself in new and exciting ways and work in an environment that supports and values you. Here at Newpark we are committed to finding, developing, retaining, and rewarding the very best and providing an environment where our employees can grow both professionally and personally.
Who We Are
Newpark was founded in 1932 as a mining company in Park City, Utah and is now headquartered in The Woodlands, TX. We have grown into a global technology leader in not only the oil and gas market but many others as well. We are focused in 3 areas that include Fluids Systems, Mats & Integrated Services, and Industrial Minerals. We have a footprint in over 20 countries throughout North and South America, Europe, the Middle East, Africa and Asia Pacific and we employ over 2,000 employees.
What We Do
Newpark is changing the paradigm in the industries we serve, developing new ways to help customers drive operating efficiencies while working in harmony with the environment and improving community relations.
Newpark Fluids Systems provides value-added fluids solutions, products, and services to thousands of wells around the world.
Excalibar Minerals is a quality processor and supplier of industrial minerals. Our main advantage over competitors is our ability to offer direct import capabilities to key geographic regions we work in.
Newpark Mats& Integrated Services provides leading edge matting solutions and worksite construction services to diverse industry segments around the globe.
What We Value
We maintain an unwavering commitment to act in accordance with our Core Values of Integrity, Respect, Excellence, and Accountability which ensure our customers receive the best products and services we can offer and that you experience a safe workplace where you can thrive:
Safety - Protecting each other like family while sustaining the environment in which we work. .
Integrity - Acting honestly, ethically, and responsibly in all aspects of our business.
Respect - Dealing fairly and openly with employees, customers, suppliers and community.
Excellence - Delivering value through performance, innovation and service quality.
Accountability - Using good judgment and taking responsibility for our actions.

Position Summary
Works with managers and HR representatives to evaluate and document jobs, and ensure employees are classified in correct jobs and grades. Participates as a member of the compensation team. Participates in compensation surveys and analyzes results. Develops and recommends compensation procedures. Assists in the administration of salary adjustments. Handles special projects, as assigned.

Essential Functions
Lead the global compensation survey submission process and implement data analysis techniques to assess survey results, determine market trends, and assess geographic or industry-specific variables
Serve as the lead data analytics representative to produce interactive visualizations to assist in making smarter and real-time compensation and human resources decisions
Analyze and make recommendations to balance internal pay-equity and external market competitiveness
Assist with the benchmarking of jobs against survey data and other market intelligence resources to update the compensation structures for each position on an annual basis
Assess and maintain proper job slotting and classifications against organization's global job hierarchy and local regulations
Helps administer the global annual compensation programs, such as the annual salary adjustment and promotion program, short-term incentive plan, and the long-term incentive plan.
Works with Accounting and Finance to manage up-to-date annual short term incentive plan tracking to enable accurate quarterly accruals.
Ensure the alignment and integrity of the compensation data in the HRIS and related systems through routine data audits
Communicate regularly and provide guidance to the global HR Business Partners on all compensation matters
Communicate analytical recommendations via reports and presentations
Additional Details
Undergraduate degree in Human Resources, Finance, Accounting, Statistics, Mathematics, Actuarial Science, or a related field.
Approximately two years of compensation experience in a global Human Resources organization
Experience designing, developing, and deploying analytics dashboards using Power BI, or related software
Intermediate functionality of Excel spreadsheets (i.e. vlookups, pivot tables, charts, etc.) working with large data sets in addition to proficiency with the Microsoft Office Suite

Education & Experience Requirements
Master's Degree in Human Resources, Finance, Accounting, Statistics, Mathematics, Actuarial Sciences, or related field.
2 years Compensation experience.
Advanced functionality of Excel spreadsheets (i.e. macros, index/match functions, calculated pivot table fields, power pivots, etc.)
Knowledge of basic compensation techniques and programs.
Must have strong attention to detail.
Excellent verbal and written communication skills.
Advanced PC skills.
Must be team oriented.

We are an equal opportunity employer. Newpark and its affiliates do not discriminate against applicants or employees on the basis of race, color, age, religion, sex (including pregnancy and gender identity), national origin, sexual orientation, disability, military service/veteran status, genetic information, or any other protected status.

Newpark Resources, Inc. is committed to ensuring equal employment opportunity, including providing reasonable accommodations to individuals with a disability. Applicants with a physical or mental disability who require a reasonable accommodation for any part of the application or hiring process may contact the Manager, HR Governance & Compliance.

Keywords: Newpark, Conroe , Compensation Analyst, Accounting, Auditing , Conroe, Texas