Senior Compensation Analyst

Compensation Analyst

At Devon, we will offer you a career full of energy and unmatched opportunities to solve today's greatest challenges. Innovation, creative problem-solving and positive change happen when people step out of their comfort zone and think differently. Our values, workplace practices, wellness programs, benefits and compensation are aimed at helping employees manage their unique personal life and care for their families so they can focus on contributing to the fullest.

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

Qualified applicants are considered without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, status as a protected veteran or other characteristics protected by law.

For more information on Equal Employment Opportunity, please follow these links: EEO is the Law EEO is the Law Supplement Pay Transparency Provision