Compensation Analyst

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Date: Mar 10, 2017

Location: Findlay, OH, US

Company: Marathon Petroleum Corporation

Company Name: MARATHON PETROLEUM COMPANY 
Location Name: MPC Findlay OH Main Bldg
Education : Master's Desired
Relevant Experience Level: Mid Career (4-10 Years)
Employee Group: Regular - Full Time
Employee Subgroup: Salaried Exempt
 

The compensation analyst provides day-to-day support to HR consultants, management, and client groups on various Compensation matters including base pay, bonus, equity administration and other projects. Excellent technical skills and presentation skills are critical to the position as is the ability to work well in small teams and collaborate with the HR generalists who are the primary interface with the operating organizations. Must be able to prioritize work effectively. Prior experience in SAP or other compensation systems is highly desirable. Bachelor’s degree required; Master's preferred with three or more years of directly related experience.

 

1. Proactively identify and recommend opportunities for improvements to Marathon Petroleum’s compensation programs or their administration.

2. Work with client groups to complete and submit surveys and analyze results. Experience with long-term incentives including stock plan equity is preferred. 

3. Analyze and evaluate current and proposed job descriptions to determine proper placement within the Marathon Petroleum pay structure. Participate in a variety of salary surveys using Excel, SAP, Market Pay and other compensation databases.  Analyze results to evaluate competitiveness of current compensation programs.

4. Assist with annual bonus plan design and quarterly results preparation. Partner with Internal Audit to certify year-end results. Assist in the base pay and bonus allocation and equity administration processes.  Prepare compensation system for management use.  Prepare reports for Salary and Benefits committee approval of proposed bonus payments and base pay increase.

5. Work with organizations such as Tax, Accounting and Legal to ensure compliance with applicable laws and regulations.

6. Prepare and deliver presentations as needed on compensation-related programs to HR and organization management.

 

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About Marathon Petroleum Corporation

Headquartered in Findlay, Ohio, Marathon Petroleum Corporation (MPC), together with its subsidiaries, including Marathon Petroleum Company LP and Speedway LLC, is one of the largest petroleum product refiners, marketers and transporters in the United States.

MPC is the nation’s third-largest refiner and the largest refiner in the Midwest. MPC’s refining, marketing and transportation operations are concentrated primarily in the Midwest, Northeast, East Coast, Southeast and Gulf Coast regions of the U.S.

MPC operations are strategically located to serve major markets. They include a seven-plant refining network, a comprehensive terminal and transportation system, and extensive wholesale and retail marketing operations. This includes both the Marathon brand and MPC’s wholly-owned retail marketing subsidiary, Speedway LLC, the nation’s second-largest chain of company-owned and -operated retail gasoline and convenience stores.

 

Job Function: MPC Other Corporate Functions
Travel Expected: Up to 10%

 

If you have visited our site in search of information on U.S. employment opportunities and require an accommodation to submit your application, please contact the MPC EEO/Compliance Office at 866-492-7802. Note that we only accept resumes and applications for posted positions.

Marathon Petroleum Company LP (“MPC”) is an equal employment opportunity employer.  All applicants will be considered without regard to their race, color, religion, sex, age, disability, national origin, sexual orientation, genetic information, gender identity, veteran status or other legally protected status.


Nearest Major Market: Lima
Nearest Secondary Market: Findlay

Job Segment: ERP, Equity, Compensation, SAP, Internal Audit, Technology, Finance, Human Resources

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