Compensation Analyst

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-functional collaboration.

What we offer:

At H&P, our commitment to our people is at the forefront, and that includes benefits that provide employees a sense of health and financial security. We know that life continues outside of employment and actively caring of our people is our priority.

• 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 available for qualifying positions to achieve work-life integration
• Comprehensive medical, dental, vision, and life insurance 

The job level and associated compensation for this position will be determined based on the candidate’s experience, qualifications, and alignment with the role’s requirements. Final compensation for this role may vary depending on individual factors. H&P is committed to employing a diverse workforce. Qualified applicants will receive consideration without regard to race, color, religion, sex, national origin, age, sexual orientation, gender identity, gender expression, veteran status, or disability.

Thank you for your interest in joining our team!