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Devon Energy

Independent oil and natural gas producer

Compensation Manager

Compensation & BenefitsConfirmed live in the last 24 hours
Full-timeHouston, TX, USANo salary listedIn-person

About the Job

Requirements

  • A bachelor's degree is required.
  • At least eight years of experience in employee and executive compensation is required.
  • Experience in the oil and gas industry is preferred.
  • WorldatWork Certified Compensation Professional or SHRM Certified Professional certification is preferred.
  • Substantial business acumen, including understanding the drivers of success in the exploration and production business, is required.
  • A comprehensive understanding of the link between compensation and business strategies is required.
  • Strong analytical skills and the ability to interpret and communicate data are required.
  • The ability to engage, inspire, and influence people is required.
  • Strong interpersonal, communication, and client-support skills, including presentations to groups, are required.
  • The ability to tailor communications to all levels of the organization is required.
  • Excellent time management skills and the ability to plan and set priorities are required.
  • Proficiency with Microsoft Office, Payfactors, and human resources information systems is required.
  • Knowledge of federal, state, and local regulations and compliance requirements related to base and incentive compensation is required.

Responsibilities

  • Develop, implement, and execute equitable base salary and short- and long-term compensation programs that support overall business strategies, objectives, and results.
  • Partner with business leaders to evaluate program effectiveness and identify opportunities to strengthen programs and their linkage to business results.
  • Serve as a subject matter expert and advisor to human resources business partners and business leadership on compensation matters.
  • Model, perform statistical analysis, and calculate costs for base, incentive, and stock programs to guide impactful reward distribution; provide recommendations to leadership.
  • Direct, coordinate, and ensure successful execution of compensation programs, including base pay structure, merit, salary adjustments, promotions, market data and salary survey submissions, short-term incentives, and long-term incentives.
  • Conduct market pricing and benchmarking analyses to evaluate external competitiveness and internal equity.
  • Participate in industry-leading salary surveys and monitor survey data to ensure compensation objectives are achieved.
  • Administer and oversee technology platforms and vendors that support compensation planning.
  • Support the Director of Total Rewards in developing materials for the Compensation Committee.
  • Design and maintain salary structures, job architecture, and compensation frameworks.

Desired Qualifications

  • A degree in Business, Human Resources, or a related field is preferred.

About the Company

Devon Energy

Independent oil and natural gas producer

Devon Energy is an independent U.S. energy company that finds, develops, and produces oil and natural gas. It focuses on asset-rich basins in the Delaware Basin, Powder River Basin, and Anadarko Basin, acquiring high-quality properties, drilling wells, and optimizing operations to sell crude oil, natural gas, and natural gas liquids. Its approach relies on disciplined asset portfolio management and efficient operations to grow value while reducing environmental impact. The company aims to increase value by expanding its asset base, improving production economics, and lowering carbon intensity while supporting communities through STEM education and other programs.

Company size
5,001-10,000
Company stage
IPO
Headquarters
Oklahoma City, OK
Founded
1971

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