Compensation Analyst, Senior

Helmerich & Payne Management; Tulsa (OK); On-site; USD 90,000 - 120,000; Full time

Benefits offered by this job

Flexible Spending or Health Savings

401k match

Paid Leave Plans

Parental & Adoption Benefits

Disability Coverage

Employee Assistance Program

Educational Assistance

Learning & Development Opportunities

Flex-scheduling

Job summary

Helmerich & Payne Management is seeking a senior Compensation Analyst to design, analyze, and optimize comprehensive total rewards programs. This role leverages strong analytical skills and expertise in benefits, retirement, and pay practices to deliver insights, ensure regulatory compliance, and improve program effectiveness.

You will partner with HR, Finance, and external vendors to manage plan design, data modeling, reporting, and open enrollment activities, while supporting governance and

Qualifications

• Bachelor's degree in Human Resources, Business Administration, Finance, or related field, or equivalent experience.
• 4–7 years of progressive experience in total rewards.

Responsibilities

• Analyze total rewards programs (compensation, benefits, retirement, leave) for competitiveness and cost effectiveness.
• Prepare actionable reports, dashboards, and models for leadership and communications.
• Coordinate with vendors (stock plans, surveys, benefit carriers, consultants) and manage SLAs and contracts.
• Support annual total rewards cycles (merit reviews, open enrollment, post-cycle analysis).
• Assist with plan design, market data analysis, and pay equity reviews.

Skills

Total rewards

Analytics

Data interpretation

Advanced Excel

HRIS platforms

Education

Bachelor's degree

Tools

Workday

HRIS platforms

Job description

At H&P, our people are our strength.

Since 1920, Helmerich and Payne has been the industry's most trusted partner in drilling productivity and reliability. As the world changes, so does our approach. We are changing the landscape of drilling by using cutting-edge rig technologies and drilling solutions to build upon a century of success, all while continuing to deliver better outcomes for our customers.

At H&P, our people are our strength. We strive to continually lead with our Core Values that enable employees to develop on their H&P Journey. We believe that doing the right thing means creating a more diverse, equitable, and inclusive workplace that empowers our people to bring their authentic selves to work every day.

Some companies offer career paths. We offer a Journey of a Lifetime. Let's go far, together.

Hear directly from our employees, and leaders about their unique journeys at Helmerich and Payne .

At a Glance:

The Compensation Analyst, Senior supports the design, analysis, implementation, and optimization of comprehensive total rewards programs. This hands-on role leverages strong analytical skills and benefits and compensation expertise to deliver data-driven insights, support regulatory compliance, and improve program effectiveness.

• Location: Tulsa, OK
• Work Type: On-Site
• #LI-On-Site

What you will do:

• Analyze total rewards programs, including compensation, benefits, retirement, and leave programs, to evaluate competitiveness, cost effectiveness, utilization trends, and employee impact.
• Prepare actionable reports, dashboards, analytical models, and supporting documentation for leadership and employee communications.
• Manage vendor coordination across total rewards programs, including stock plan administrators, global compensation survey partners, benefits carriers, leave administrators, retirement recordkeepers, brokers, and consultants; oversee performance, contracts, SLAs, and issue resolution.
• Partner with external vendors and consultants on plan design, RFPs and ongoing performance management.
• Support annual total rewards cycles, including merit reviews, incentive planning, open enrollment, post-cycle analysis, and recommendations for continuous improvement.
• Analyze market data to assess competitiveness and recommend adjustments to pay structures and benefit design.
• Support pay equity reviews, structure modeling efforts, audits, regulatory reporting, and documentation requirements.
• Support strategy and governance for the company's 401(k), pension, and health and welfare plans, including coordination with recordkeepers, advisors, and internal stakeholders.
• Support retirement and health and welfare plan fiduciary responsibilities, including investment and plan reviews, audit-ready documentation, and committee meeting materials.
• Oversee compliance activities for benefits, retirement, and leave programs, including Form 5500 preparation, audits, disclosures, and ERISA, IRS, and DOL requirements.
• Serve as a subject matter expert for employee benefits, including retirement, medical, dental, vision, life, disability, FSA/HSA, wellness, and leave programs.
• Collaborate cross-functionally with HR Business Partners, HR Shared Services, Finance, Payroll, Legal, and Communications to support organizational initiatives, open enrollment, merit and incentive compensation cycles, and benefits education.
• Identify and implement process improvements to streamline administration, enhance HRIS data accuracy, and strengthen employee communications and tools.
• Maintain confidentiality and proper handling of sensitive employee and financial data.

What you will need:

Required Qualifications:

• Bachelor's degree in Human Resources, Business Administration, Finance, related field or equivalent experience.
• 4-7 years of progressive experience in total rewards.
• Working knowledge of benefit plans, fiduciary governance, ERISA, FMLA, ADA, Section 125, and related regulations.
• Advanced Excel proficiency, practical understanding of AI tools, and experience with HRIS platforms; Workday preferred.
• Proven ability to translate complex data into clear insights and recommendations for diverse audiences.

Preferred Qualifications:

• Experience with job evaluation and analysis, compensation survey interpretation, and market pricing.
• Professional certifications, such as SHRM, CEBS, WorldatWork CCP/CBP, or retirement plan credentials.
• Demonstrated success in process improvement, technology-enabled solutions, and cross-functionally collaboration.

What we offer:

• Flexible Spending or Health Savings Accounts
• 401k match
• Paid Leave Plans
• Parental & Adoption Benefits
• Disability Coverage
• Employee Assistance Program
• Educational Assistance
• Learning & Development Opportunities
• Flex-scheduling avai