Manager, Compensation Programs & Incentive Administration

Caterpillar Financial Services Corporation; Irving (TX); On-site; USD 128,000 - 193,000; Full time

Benefits offered by this job

Medical benefits

Dental benefits

Vision benefits

401(k) plans

Health Savings Account

FSAs

Career development

Incentive bonus

Tuition reimbursement

Job summary

Caterpillar Inc. is seeking a Manager, Compensation Programs & Incentive Administration to design, implement, and govern enterprise compensation programs.

You will serve as the subject matter expert for salary, market pricing, and incentive plans, partnering with executives to ensure equitable pay. You will lead cross-functional Total Rewards initiatives, drive accuracy in funding, and influence executives and HR leaders.

Qualifications

• Bachelor’s degree or equivalent experience is required.
• Strong analytical thinking and problem-solving skills.
• Ability to influence decisions and collaborate across teams.
• Knowledge of compensation structure, policies, and governance.

Responsibilities

• Lead external market research and analyses to ensure market competitiveness of Total Rewards programs.
• Oversee complex Total Rewards projects with internal and external partners.
• Direct internal teams to deliver Total Rewards programs and services.
• Administer annual and short-term incentive plans across business units.
• Lead bonus calculations, payout governance, and plan communications.
• Partner with Finance, HR, and leadership to ensure accurate incentive funding.
• Support development and implementation of sales, management, and executive incentive programs.
• Conduct market pricing studies and compensation benchmarking analyses.

Skills

Advanced Excel

Power BI

Analytical thinking

Influencing

Interpersonal relationships

Compensation management

Program management

Education

Bachelor’s degree or equivalent experience

Tools

Workday

Job description

Career Area:

Human Resources

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other. We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

The Manager, Compensation Programs & Incentive Administration is responsible for developing, implementing, and managing enterprise compensation programs that support business objectives and talent strategies. This role serves as the primary subject matter expert for salary administration, market pricing, incentive compensation, annual merit planning, and compensation governance. The successful candidate will leverage data, market intelligence, and compensation analytics to ensure competitive and equitable pay practices. This is a highly visible role that will partner with executives and HR leaders, and support bonus and incentive plan administration across the organization.

What You Will Do:

• Acts as functional expert and leads external market research and analyses to understand Total Rewards trends and ensure our programs are market competitive and support business and talent objectives
• Leads complex Total Rewards related projects, interacting with consultants and internal partners
• Lead internal team to ensure delivery of Total Rewards programs, processes, and services
• Administer annual and short-term incentive plans across business units.
• Lead bonus calculations, payout governance, and plan communication activities.
• Partner with Finance, HR and Segment Business leadership to ensure accurate incentive funding and administration.
• Support development and implementation of sales, management, and executive incentive programs.

• Conduct market pricing studies and compensation benchmarking analyses.

• Ensure compensation practices comply with federal, state, and local regulations.
• Partner with Legal, Finance, and HR stakeholders to mitigate compensation-related risk.
• Support comparable compensation, transparency, and compensation governance initiatives.

What You Will Have:

• Education: Bachelor’s degree or equivalent experience
• Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
• Influencing: Knowledge of effective influencing tactics and strategies; ability to impact decisions within and outside own organization.
• Interpersonal Relationships: Knowledge of the techniques and the ability to work with a variety of individuals and groups in a constructive and collaborative manner.
• Compensation Management: Knowledge of compensation structure, and regulations and policies related to compensation; ability to design, implement and evaluate compensation programs, policies and processes within an organization.
• Program Management: Knowledge of the policies and techniques to manage a set of related projects within a program; ability to plan, organize, monitor, and control the set of projects, ensuring efficient utilization of technical and administrative resources to achieve program objectives.
  

Top Candidates Will Also Have:

• Advanced Excel skills
• Power BI experience
• Experience with Workday and the Advanced Compensation Module in Workday
• Previous incentive compensation administration experience

Additional Info

• This position will be located in Irving, TX
• This role requires 5 days a week in office
• Domestic relocation is available for those who qualify
• Sponsorship is not available

What You Will Get:

• Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.
• Here you earn more than just a salary because we value your performance. We offer a total rewards package that provides benefits on day one (medical, dental, vision, RX, and 401K) along with the potential of an annual bonus. Additional benefits include paid vacation days and paid holidays.
• All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

About Caterpillar

Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.

Summary Pay Range

$128,470.00 - $192,710.00

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar.

Benefits

• Medical, dental, and vision benefits*
• Paid time off plan (Vacation, Holidays, Volunteer, etc.)*
• 401(k) savings plans*
• Health Savings Account (HSA)*
• Flexible Spending Accounts (FSAs)*
• Health Lifestyle Programs*
• Employee Assistance Program*
• Voluntary Benefits and Employee Discounts*
• Career Development*
• Incentive bonus*
• Disability benefits
• Life Insurance
• Parental leave
• Adoption benefits
• Tuition Reimbursement

* These benefits also apply to part-time employees

This position requires working onsite five days a week.Relocation is available for this position.Visa Sponsorship is not available for this position.

Posting Dates

September 14, 2026 - September 25, 2026

Any offer of employment is conditioned upon the successful completion of a drug screen.

Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities. Qualified applicants of any age are encouraged to apply.

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