Total Rewards Analyst
Date: Nov 19, 2024
Location: New Orleans, Louisiana, United States
Company: Entergy
Job Title: Total Rewards Analyst
Work Place Flexibility: Hybrid
Legal Entity: Entergy Services, LLC
*This position may be filled in New Orleans, LA; Hammond, LA;
***This position will be filled as a Total Rewards Analyst Sr or Sr. Lead depending on the qualifications and experience of the candidate***
Job Summary/Purpose
At Entergy, We Power Life. We are dedicated to providing safe, affordable and reliable power to our customers and communities. Our work matters. We deliver electricity to 2.9 million utility customers across 4 states. We own and operate power plants with approximately 30,000 megawatts of electric generating capacity, including about 8,000 megawatts of nuclear power.
The Retirement team is a part of our Total Rewards department in Human Resources. Here in Total Rewards, #WePowerLife for our employees by designing and administering attractive and competitive compensation and benefits programs. And we work hard to deliver value to the organization that enables our evolution to become the Premier Utility!
As a member of the Retirement team, you will work with a team of other highly qualified co-workers who provide governance and oversight for Entergy’s pension plans, 401k plans, and Financial Wellness programs. This team is responsible for the planning, design, evaluation, project management, vendor oversight and administration of the retirement plans and programs that deliver an employment value proposition that recruits, retains, and drives performance.
Job Duties/Responsibilities
(This is a representative list of the general duties the position may be asked to perform, and is not intended to be all-inclusive)
- Identify, evaluate, implement retirement programs that recruit and retain top performers.
- Identify, evaluate and implement long-term strategies that deliver premier people-cost management.
- Continuously improve the employee and retiree experience, drive engagement with the plans and programs, and help them understand their benefits.
- Assists with program governance. Review and update department procedures, SPDs, SMMs, etc. as needed. Ensures legal compliance. Supports regular review and drafting of revisions to Plan Documents as necessary.
- Works with auditors as necessary to provide the information they need to monitor the accuracy of the plan administration. Oversees execution of SOX testing Works with auditors, reviews 10K, 10Q, Form 5500's, etc. Review and provide data for 5500 Forms, SAS -70, 10K/Q, EBC reports, management representation letter, etc..
- Sustains HR compliance and proactively mitigates risk through internal monitoring of operations and administration, including corrective action of any inadequate controls or failures identified. Rigorously monitors the regulatory and legislative landscape for impacts on defined contribution and defined benefit programs.
- Assists with managing vendor administration relationships and works with vendors, as well as Entergy IT throughout the year to support various programs. Ensures key vendors are meeting contractual obligations.
- Develops and revises HR administrative procedures and policies when applicable. Reads, understands, and can interpret Plan Documents terms for defined contribution and defined benefit plans sponsored by Entergy and is able to apply those terms to support accurate administration of the Plans. Works with Legal partners to review plan corrections and participant communications.
- Delivers premier people cost management by providing support to rate case testimony and requests for information (RFIs) as needed.
- Supports labor relations in contract negotiations and coordinates required benefit changes as necessary.
MINIMUM REQUIREMENTS
Minimum education & required experience of the position:
- Sr. Total Rewards Analyst – Bachelor’s degree or Master’s degree in Human Resources, Business Administration, Finance, Accounting or related field with 5 years of experience OR in lieu of a degree 6+ years of experience in Human Resources, Business Administration, Finance, Accounting or related field
- Sr. Lead Total Rewards Analyst - Bachelor’s or Master’s degree in Human Resources, Business Administration, Finance, Accounting or related field with 8 years of experience OR in lieu of a degree 9+ years of experience in Human Resources, Business Administration, Finance, Accounting or related field
Minimum knowledge, skills and abilities required of the position:
- Knowledge of employee benefit plans and programs for large corporate sponsors
- Excellent analytical skills. Able to analyze data, identify trends and evaluate root cause, create a hypothesis and test that hypothesis, make recommendations and conclusions that are supported with data and logic
- Excellent project management skills, including the ability to lead cross-functional working teams
- Ability to create and execute change management plans
- Experience with Enterprise Resource Planning Systems, such as PeopleSoft.
- Excellent written and verbal communication skills
Any certificates, licenses, etc. required for the position:
- None
#LI-DH1
#LI-HYBRID
Primary Location: Louisiana-New Orleans Louisiana : Hammond || Louisiana : New Orleans
Job Function: Professional
FLSA Status: Professional
Relocation Option: Level II
Union description/code: NON BARGAINING UNIT
Number of Openings: 1
Req ID: 116745
Travel Percentage:Up to 25%
An Equal Opportunity Employer, Minority/Female/Disability/Vets. Please click here to view the EEI page, or see statements below.
EEO Statement: The Entergy System of Companies provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, sex, gender, sexual orientation, gender identity or expression, national origin, age, disability, genetic information, marital status, amnesty, or status as a protected veteran in accordance with applicable federal, state and local laws. The Entergy System of Companies complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities. This policy applies to all terms and conditions of employment including, but not limited to, recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training.
The Entergy System of Companies expressly prohibits any form of unlawful employee harassment based on race, color, religion, sex, gender, sexual orientation, gender identity or expression, national origin, age, genetic information, disability, or veteran status. Improper interference with the ability of the Entergy System of Company employees to perform their expected job duties is absolutely not tolerated.
Accessibility: Entergy provides reasonable accommodations for online applicants. Requests for a reasonable accommodation may be made orally or in writing by an applicant, employee, or third party on his or her behalf. If you are an individual with a disability and you are in need of an accommodation for the recruiting process please click here and provide your name, contact number, the accommodation requested and the requisition number that you are requesting the accommodation for. Employee Services will contact you regarding your request.
Additional Responsibilities: As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.
Entergy Pay Transparency Policy Statement: The Entergy System of Companies (the Company) will not discharge or in any other manner discriminate against employees or applicants because they have inquired about, discussed, or disclosed their own pay or the pay of another employee or applicant. However, employees who have access to the compensation information of other employees or applicants as a part of their essential job functions cannot disclose the pay of other employees or applicants to individuals who do not otherwise have access to compensation information, unless the disclosure is (a) in response to a formal complaint or charge, (b) in furtherance of an investigation, proceeding, hearing, or action, including an investigation conducted by the employer, or (c) consistent with the Company’s legal duty to furnish information. 41 CFR 60-1.35(c). Equal Opportunity and Pay Transparency.
Pay Transparency Notice:
Pay Transparency Nondiscrimination Provision (dol.gov)
The non-confidential portions of the affirmative action program for individuals with disabilities and protected veterans shall be available for inspection upon request by any employee or applicant for employment. Please contact HRCompliance@entergy.com to schedule a time to review the affirmative action plan during regular office hours.
WORKING CONDITIONS:
As a provider of essential services, Entergy expects its employees to be available to work additional hours, to work in alternate locations, and/or to perform additional duties in connection with storms, outages, emergencies, or other situations as deemed necessary by the company. Exempt employees may not be paid overtime associated with such duties.
Please note: Authorization to work in the United States is a precondition to employment in this position. Entergy will not sponsor candidates for work visas for this position.
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