Global Compensation Leader - Strategy & Analytics

Woodward HRT/MPC

Rockford (IL)

Hybrid

USD 108,000 - 155,000

Full time

4 days ago

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Benefits offered by this job

401(k) match (4.5%)

Annual stock contribution (5%)

Tuition reimbursement

Job summary

Woodward, Rockford, IL, seeks a Compensation Manager to lead market-aligned compensation programs across a global business segment. You will advise executives, design base and incentive plans, and drive annual salary planning with governance and analytics.

This role focuses on competitiveness, equity, and scalable processes across Woodward's enterprise. The position emphasizes partnership with HR, Finance, Legal, and IT to deliver integrated solutions, ensure compliance, and advance pay equity

Qualifications

Bachelor's degree in Human Resources or a Business-related field preferred.
7+ years of experience in compensation design and administration across base pay and incentive programs, job architecture and salary structures.
Demonstrated experience leading compensation support and consulting with business leaders, HR Business Partners, and cross-functional stakeholders on complex compensation matters.
Experience working within a global organization and navigating compensation needs across multiple businesses, countries, or regions.
Proficiency in HRIS systems and tools (e.g., Workday) and advanced knowledge of Excel.
Strong project management skills and the ability to lead work from concept through completion.
Advanced analytical and problem-solving skills, with the ability to translate complex compensation data into actionable recommendations aligned with business outcomes.
Strong written and verbal communication skills with the ability to present complex compensation concepts clearly to executive, business, and HR audiences.

Responsibilities

Lead compensation support for a business segment, serving as the principal compensation consultant and technical subject-matter expert to business and HR stakeholders while ensuring compensation strategies align to business objectives.
Provide strategic consultation to the business through needs assessment, data analysis and recommend competitive, sustainable solutions grounded in Woodward's market practices, compensation philosophy, and governance standards.
Participate in the design and administration of incentive compensation programs and manage the delivery of bonus payments.
Participate in the annual salary planning cycle by supporting system configuration and testing, developing communications and training materials, performing audits, and providing analysis and reporting to stakeholders.
Monitor market benchmarks and emerging trends to maintain accurate market pricing data and develop competitive salary structures.
Support the ongoing governance and maintenance of the enterprise Career Framework, including job architecture, career leveling, and market alignment activities.
Ensure compensation programs comply with applicable laws, regulations, internal governance standards, and pay equity and transparency requirements.
Lead continuous improvement of compensation systems, frameworks and processes to strengthen efficiency and consistency to deliver business solutions.
Build strong internal and external relationships, partnering across HR, Finance, Legal, HR Technology, and business leadership to deliver integrated compensation solutions in a global environment.