Senior Compensation & Total Rewards Lead

Woodward FST; Rockford (IL); Hybrid; USD 108,000 - 155,000; Full time

Benefits offered by this job

401(k) match

Annual stock contribution

Tuition reimbursement

Health insurance

Job summary

Woodward is seeking a Compensation Manager to lead market-based compensation programs and collaborate with HR, Finance, Legal and IT across a global environment. You will oversee annual salary planning, incentive programs, and governance to ensure equity and competitive pay practices.

The role ties to the Total Rewards function and reports to the Director of Compensation. The position requires a strong background in compensation design, global experience, and proficiency with HRIS (Workday) and

Qualifications

• Bachelor's degree in HR or related business field is preferred.
• 7+ years of compensation design and administration experience.
• Experience leading compensation support and consulting with business leaders and HR partners.
• Experience in a global organization with multiple countries/regions.
• Proficiency in HRIS tools (Workday) and advanced Excel.
• Strong project management skills and ability to lead from concept to completion.
• Strong written and verbal communication skills to present complex concepts clearly to executives and stakeholders.

Responsibilities

• Lead compensation support for a business segment as principal consultant to HR and leaders.
• Provide strategic consultation based on data analysis and market pricing practices.
• Design and administer incentive compensation programs and manage bonus payments.
• Support annual salary planning, including system configuration, communications, training, audits, and reporting.
• Monitor market benchmarks and trends to maintain competitive salary structures.
• Govern enterprise Career Framework, job architecture, and market alignment activities.
• Ensure compliance with laws, governance standards and pay equity requirements.
• Drive continuous improvement of compensation systems and processes.
• Collaborate with HR, Finance, Legal and IT to deliver integrated solutions globally.

Skills

Excel

Analytical thinking

Communication

Project management

Global experience

Education

Bachelor's degree in HR or Business

Tools

Workday

Job description

Woodward is seeking a Compensation Manager to lead market-based compensation programs and collaborate with HR, Finance, Legal and IT across a global environment. You will oversee annual salary planning, incentive programs, and governance to ensure equity and competitive pay practices.

The role ties to the Total Rewards function and reports to the Director of Compensation. The position requires a strong background in compensation design, global experience, and proficiency with HRIS (Workday) and