Devon Energy Corporation

Senior Compensation Analyst

Devon Energy Corporation$90K — $120K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in HR, Finance, Business, Statistics, or related field
  • 3 to 7 years of experience in compensation, finance, or analytics
  • Advanced proficiency in Excel including modeling and Power Query
  • Experience with data visualization tools like Power BI or Tableau
  • Experience analyzing large datasets and deriving insights

Responsibilities

  • Analyze compensation data to uncover trends and ensure competitiveness
  • Provide compensation design and analysis using large datasets
  • Conduct in-depth compensation analyses, including benchmarking and pay equity
  • Develop and maintain data models and dashboards for strategic insights
  • Validate external salary survey results for competitive benchmarking
  • Identify opportunities for process improvements in compensation
  • Assist with administering the company's compensation programs

Benefits

  • Opportunities for professional growth and development
  • Collaborative work environment with HR and business partners
  • Exposure to strategic decision-making in Total Rewards
  • Flexible working arrangements
  • Access to advanced tools and technologies in data analysis and visualization
Full Job Description
The Compensation Analyst supports the Total Rewards strategy by analyzing and designing compensation programs that are competitive, equitable and aligned with the organization's objectives. This role requires strong analytical capabilities, with a focus on leveraging data to generate insights, inform decision-making, and enhance the compensation strategy.

  • Analyze compensation data to identify trends and market competitiveness; develop clear summaries, charts, and insights for HR and business leadership
  • Provide compensation design and analysis by working with large datasets to formulate recommendations for compensation program improvements
  • Analyze compensation trends and provide actionable insights to Total Reward leadership and business partners
  • Conduct in-depth compensation analyses, including market pricing, internal equity reviews, pay equity analysis, pay gap analysis and workforce cost modeling
  • Develop and maintain data models, dashboards, and reports to support compensation planning and strategic decision-making
  • Validate external salary surveys results, analyzing outputs to obtain market-competitive compensation benchmarking information.
  • Identify and recommend process improvement opportunities while developing and maintaining documentation to ensure consistent, accurate, and repeatable compensation processes
  • Assist Compensation Analyst in administering company's compensation programs, including annual salary increases, and quarterly and annual bonus incentives
  • Provide compensation analysis on ad-hoc requests and special projects to support Total Rewards initiatives
  • Partner with HRIS to ensure accuracy and integrity of compensation data across systems


Education:
  • Bachelor's degree in Human Resources, Finance, Business, Statistics or a related field


Experience:
  • 3 to 7 years' experience in compensation, finance, or analytics
  • Advanced proficiency in Excel (e.g., modeling, pivot tables, Power Query); experience with data visualization tools (e.g., Power BI, Tableau) preferred
  • Experience working with large datasets and translating data into meaningful insights


Skills:
  • Strong analytical and quantitative skills with high attention to detail
  • Ability to synthesize complex data into clear, concise recommendations
  • Business acumen and ability to connect compensation insights to organizational strategy
  • Effective communication skills, including the ability to explain data and compensation concepts to non-technical audiences
  • Strong problem-solving skills and intellectual curiosity
  • Ability to manage multiple priorities in a fast-paced environment

About Devon Energy Corporation

Devon Energy Corporation, an independent energy company, engages primarily in exploration, development, and production of oil, natural gas, and natural gas liquids (NGLs).

Devon Energy Corporation Careers

Join the dynamic team at Devon Energy Corporation, a leading name in the energy sector, where innovation, leadership, and a commitment to sustainability drive the way forward. At Devon, we offer a range of job opportunities that allow you to explore your potential and propel your career to new heights. Work You’ll Do At Devon Energy Corporation, you’ll be part of a culture that cherishes diversity, innovation, and leadership. Our team is composed of highly skilled professionals dedicated to advancing the energy industry through smart, sustainable practices. Whether you’re interested in a technical, administrative, or leadership position, Devon provides a platform for professional growth and personal development. Join our market-leading team to help redefine the energy landscape and make a significant impact on a global scale. Lead from a unique position in the marketplace, at the intersection of technology, industry expertise, and digital innovation. Career Opportunities Devon Energy Corporation is not just a company; it’s a place where you can shape your future. Explore job opportunities in various fields, including engineering, geoscience, environmental science, and business management. With Devon, you can go as far as your ambition takes you, thanks to our extensive support in training, development, and certification. Internship Programs Kickstart your career with Devon’s internship programs. Gain invaluable industry experience, develop your skills, and network with professionals. Our internships provide a solid foundation for understanding the core aspects of the energy sector and help you build a robust resume. Innovation and Growth Drive innovation and contribute to growth within an environment that values visionary thinking and a proactive approach to challenges. Devon is committed to employing advanced technologies and practices that lead to efficient and responsible energy production. Benefits and Culture Choose Devon and enjoy a wealth of benefits that go beyond the standard employment package. We offer competitive health benefits, retirement plans, and continuous diversity training to ensure a supportive and inclusive workplace. Our culture is built on mutual respect, collaboration, and a commitment to excellence. Join Our Team Search open positions that match your skills and interests. We are looking for passionate, curious, creative, and solution-driven team players. At Devon, every team member plays a crucial role in our success. Stay Connected Keep up to date with career tips, insider perspectives, and industry-leading insights you can put to use today—all from the people who work here. Join our community of forward-thinkers who are dedicated to making a difference in the world. Job Alert Emails Personalize your subscription to receive job alerts, latest news, and insider tips tailored to your preferences. Discover the exciting and rewarding opportunities that await at Devon Energy Corporation. Explore the possibilities with Devon Energy Corporation and be part of a team that’s leading the way in energy innovation and sustainability. Your journey to a fulfilling career starts here.
Learn more about Devon Energy Corporation
Size
1,600 employees
Market Cap
$39.7 billion
Industry
Net Income
-$2.6 billion
Founded
1971
5 Year Trend
+3.4%
Revenue
$4.8 billion
NASDAQ

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