Director of Compensation

Arrow International Inc; Cleveland (OH); On-site; USD 120,000 - 190,000; Full time

Benefits offered by this job

Profit-sharing

401(k) matching

Great benefits

Paid time off

Job summary

Arrow International Inc. in Cleveland seeks a Director of Compensation to develop and manage compensation strategies that attract, retain, and motivate top talent. You will partner with HR and report to the CFO, ensuring competitive and equitable pay across all levels of the organization.

The role leads annual merit and bonus cycles, oversees executive pay programs, and collaborates with Finance on budgeting and forecasting. A strategic thinker with strong analytics is essential.

Qualifications

• Bachelor’s degree in human resources, business administration, finance, or related field.
• 10 years of related experience as a compensation professional.
• 5 years management experience.
• CCP (Certified Compensation Professional) or similar certifications a plus.
• Professionalism and ability to handle confidential information.
• Strong analytical and financial modeling skills.
• Excellent communication and leadership skills.

Responsibilities

• Design, implement, and manage compensation programs for all employee levels.
• Develop job architecture, descriptions, leveling frameworks, pay grades and salary structures.
• Conduct benchmarking and market analysis as part of annual merit cycle.
• Own end-to-end administration of annual merit and bonus cycles.
• Oversee commission plans and documentation of existing plans.
• Develop and administer executive compensation programs, including total rewards analysis for senior leaders.

Skills

Analytical thinking

Financial modeling

MS Excel advanced

Education

Bachelor’s degree in human resources, business administration, finance, or related field

Tools

Compensation software

Job description

Description

Join the Fun at Arrow International!

Arrow International is the world’s #1 maker of charitable gaming products, from pull tabs and bingo paper to cutting-edge electronic gaming systems. Our products power entertainment in social and gaming venues around the globe, and we’re growing fast!

We're building a winning culture that’s all about teamwork, passion, and innovation. At Arrow, you’re not just another employee, you’re part of a high-performing team that’s redefining fun and giving back to communities. We believe in rewarding your hard work with profit-sharing, 401(k) matching, great benefits, and paid time off, including a bonus week every July!

If you're looking for a career that’s exciting, meaningful, and full of opportunity, Arrow is the place to be.

Director of Compensation

The Director of Compensation is responsible for developing, implementing, and managing compensation strategies that support the organization's goals and align with market best practices. The Director reports to the Chief Financial Officer (CFO) and partners directly with Human Resources. This role ensures the company attracts, retains, and motivates top talent through competitive and equitable compensation. The ideal candidate is a strategic thinker with strong analytical capabilities and a deep understanding of compliance, industry trends, and employee experience.

Primary Responsibilities

Compensation Strategy & Management

In partnership with Human Resources:

• Design, implement, and manage the organization’s compensation programs, policies and practices for all employee levels.
• Develop and maintain job architecture, including job descriptions, job evaluations, leveling frameworks, pay grades and salary structures.
• Conduct benchmarking and market analysis as part of annual merit cycle to ensure the organization remains competitive and equitable in pay.
• Participate in and analyze compensation surveys and recommend salary range and market adjustments based on the results.
• Conduct regular pay equity analyses and recommend corrective actions.
• Own the end-to-end administration of annual merit and bonus cycles.
• Oversee commission plans and documentation of existing plans.
• Develop and administer executive compensation programs, including total rewards analysis for senior leaders.
• Lead budget process for each department related to compensation, headcount additions, etc.
• Develop financial models to forecast and evaluate the cost impact of compensation programs and proposed changes, and partner with Finance on related forecasting and accruals.
• Align compensation with business strategies.
• Provide guidance to HR business partners and hiring managers on job offers, promotions, transfers and internal equity.
• Ensure compensation practices comply with federal, state and local wage and hour, pay equity and pay transparency laws, including exempt and non-exempt classification.
• Evaluate annual benefit renewal strategies, costs and mitigations.

Leadership & Collaboration

• Present data-driven recommendations and reports to senior leadership.
• Serve as the primary compensation advisor to the CFO, executive team and HR leadership on pay philosophy, market trends and risk.
• Educate managers and employees on both compensation and deferred compensation.
• Lead and develop compensation professionals.
• Partner with HR on talent acquisition, performance management and succession planning so that compensation supports attraction, retention and development.
• Monitor market trends and legislative changes affecting compensation and recommend program updates.
• Oversee the integrity and security of compensation data and evaluate compensation technology and tools.

Requirements

• Bachelor’s degree in human resources, business administration, finance, or related field.
• 10 years of related experience as a compensation professional.
• 5 years management experience.
• CCP (Certified Compensation Professional) or similar certifications a plus.
• Professionalism and effective ability to manage confidential information.
• Ability to prioritize and handle multiple tasks in a dynamic and fast-paced environment.
• Strong analytical and financial modeling skills.
• Proven expertise in compensation strategy, benefits plan design, and executive pay.
• Excellent communication and leadership skills.
• Strong MS Office skills with advanced Excel skills.

Diversity and Inclusion Statement

At Arrow International, we are committed to fostering a diverse and inclusive workplace where all individuals are valued and respected. We believe that embracing our differences makes us stronger, more innovative, and better positioned to serve our communities. We are proud to be an equal opportunity employer and strive to create an environment where everyone feels welcome, supported, and empowered to succeed.

Equal Opportunity Statement

Arrow International is an equal opportunity employer. We recruit, hire, train, and promote individuals in all job titles without regard to race, color, ancestry, national origin, gender identity or expression, sexual orientation, marital status, religion, age, results of genetic testing, veteran status, or physical or mental disability, except where such disability prevents performance of essential job functions and cannot be reasonably accommodated in accordance with applicable laws.

Americans with Disabilities Act (ADA) Statement

Arrow International is committed to complying with the spirit and requirements of the Americans with Disabilities Act (ADA). If you require a reasonable accommodation to complete an application, participate in the interview process, undergo any pre-employment testing, or otherwise take part in the employee selection process, please contact us at [e-mail].

To ensure a safe and productive work environment, all candidates who receive a conditional job offer must successfully pass a confidential pre-employment drug screening, which generally consists of a hair drug test, and receive an acceptable result as a condition of employment.

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