Lead Compensation Specialist

Would you like to play a key role in our business?

Would you like to be part of a forward-thinking company where your compensation strategies can shape the future of the workforce?

Baker Hughes is seeking a Lead Compensation Specialist to join our team!

Baker Hughes is the leading energy technology company, who delivers across the energy value chain through our market-leading business segments. Built on a century of experience and conducting business in over 120 countries. Our innovative technologies and services are taking energy forward! Making it safer, cleaner and more efficient for people and the planet.

Partner with the best

As the Lead Compensation Specialist, you will report to the Senior Manager Global Compensation and demonstrate accountability for delivery of core global compensation plans and programs including Bonus, Reward and Recognition, Job Structure, and Salary structures.

As the Lead Compensation Specialist, you will be responsible for:

Supporting the administration of the global Bonus programs, including maintaining accurate data in the Company's HR system, managing the bonus accrual reporting and payments related to employment termination.
Supporting the administration of the Reward and Recognition (R&R) program including monthly reporting on fringe taxes to payroll, reviewing requests for and setting up business specific recognition programs in the R&R platform, responding to escalated queries from employees / HR colleagues, managing invoicing with vendors
Supporting the annual Market Compensation survey process, including preparation of the files for submission to different vendors, and reviewing and replying to queries from vendors on the submitted data, and reviewing and loading internal job matches into the relevant tools.
Supporting the annual Salary and Bonus Review process, including inputting into system requirements for annual review cycles, system testing, assisting with escalated queries around calculations and payouts, oversight of integration into payroll to ensure smooth payouts, managing "out of system" exceptions due to any reason, and managing rules and payments around leave of absence in line with global governance and country regulations.
Maintaining the field job compensation data in the Company's HR system by liaising with payroll bi-annually to collect the data, preparing the file for load and liaising with the HR shared services team to load the data
Supporting the maintenance and upgrades of the global job catalogue, including reviewing new job requests, managing the load of any mass job changes, periodic internal audit of job catalogue
Continuously improving global comp process, improving accuracy and efficiency through automation.
Handling communications directly with Employees, Finance, Payrolls, Regional TR and HR Colleagues and resolve problems regarding global compensation plans
Supporting on all compliance activities related to global compensation programs, ensuring internal controls and audit requirements are met.
Contributing to compensation projects as a team member

Fuel your passion

To be successful in this role you will:

Have advanced analytical skills and problem-solving capabilities, consistently prepare accurate and timely analyses Have a high level of spreadsheet expertise (pivot tables, databases, formulas)
Possess consultative skills, partnering with client groups to provide support and guidance in the analysis and recommendations of solutions to compensation issues
Have an acute attention to detail and the ability to balance strong, seamless technical and operational execution.
Be able work independently and effectively as part of a team. Establish strong working relationships with others and works well in a team environment
Be able to proactively identify opportunity areas and take initiative to suggest resolutions
Communicate ideas clearly and with confidence; strong verbal, written and presentation skills
Be proactive and able to manage competing priorities, delivering quality work in a timely manner and communicating status to client groups, managers, and leaders as appropriate
Have a Bachelor's degree preferably in HR, Business, Finance, Accounting, or related discipline
Have 4 years of HR and/or Total Rewards experience
Previously have worked with the Workday HR platform

Work in a way that works for you

We recognize that everyone is different and that the way in which people want to work and deliver at their best is different for everyone too. In this role, we can offer the following flexible working patterns:

Working flexible hours - flexing the times when you work in the day to help you fit everything in and work when you are the most productive

Working with us

Our people are at the heart of what we do at Baker Hughes. We know we are better when all of our people are developed, engaged and able to bring their whole authentic selves to work. We invest in the health and well-being of our workforce, train and reward talent and develop leaders at all levels to bring out the best in each other.

Working for you

Our inventions have revolutionized energy for over a century. But to keep going forward tomorrow, we know we have to push the boundaries today. We prioritize rewarding those who embrace change with a package that reflects how much we value their input. Join us, and you can expect:

Contemporary work-life balance policies and wellbeing activities
Comprehensive private medical care options
Safety net of life insurance and disability programs
Tailored financial programs
Education Assistance
Generous Parental Leave
Mental Health resources
Dependent Care
Additional elected or voluntary benefit

You will be eligible to participate in Company-sponsored benefit programs, including health & welfare programs and the Thrift Plan (401k). You will have a choice of coverage options that best suit your needs. Coverage options and contribution amounts are related to your benefit elections, base salary level, and specific requirements of each of these plans.

This position is eligible for our comprehensive and competitive benefits package, which can be found here, and is further eligible for additional forms of compensation such as bonuses subject to the terms of the applicable benefit plans or policies.

About Us:We are an energy technology company that provides solutions to energy and industrial customers worldwide. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward - making it safer, cleaner and more efficient for people and the planet.
Join Us:Are you seeking an opportunity to make a real difference in a company that values innovation and progress? Join us and become part of a team of people who will challenge and inspire you! Let's come together and take energy forward.

Baker Hughes Company is an Equal Opportunity Employer. Employment decisions are made without regard to race, color, religion, national or ethnic origin, sex, sexual orientation, gender identity or expression, age, disability, protected veteran status or other characteristics protected by law.