Compensation Manager

Woodward, Inc

$100K — $150K *


2w ago


11 - 15 years of experience

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Job Description

Woodward supports our members’ wellbeing and regularly benchmarks with other companies in our industry to offer an extensive Total Reward package for this position. Salary will be determined by the applicant's education, experience, knowledge, skills, and abilities, as wellequity and alignment with market data.

Estimated annual base pay: $104,600 (minimum) - $130,750 (midpoint)

· All members included in annual cash bonus opportunity

· 9.5% annual retirement benefit opportunity

· Tuition reimbursement and Training/Professional Development opportunities for all members

· 12 paid holidays, including floating holidays

· Industry leading medical, dental, and vision Insurance upon date of hire

· Vacation / Sick Time / Vacation Buy-up / Short Term Disability / Bereavement leave

· Paid parental leave (effective 1 Jan)

· Adoption Assistance

· Employee Assistance Program, including mental health benefits

· Member Life & AD&D / Long Term Disability / Member Optional Life

· Member referral bonus

· Spouse / Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending Accounts

· Voluntary benefits, including:

· Home / Auto Insurance discounts

· Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

This information is provided in compliance with the Colorado Equal Pay for Equal Work Act and is the company's good faith and reasonable estimate of the compensation range and benefits offered for this position. The compensation offered to the successful applicant may vary based on factors including experience, skills, education, location, and other job-related reasons.

Are you ready to make your mark If you’re a Compensation Manager, we have an exciting opportunity for you!

As Compensation Manager at Woodward, you will manage and oversee global compensation programs related to fixed pay, variable pay, equity, and executive compensation. This role is a key position within the Total Rewards team that will contribute to the management, evolution, and operationalization of compensation programs.

The Compensation Manager will work in a firsthand capacity utilizing analytical skills to identify untapped opportunities, process improvements, and maximize return on investment. You may be excited to learn that we are implementing a global job architecture as well as Workday, and by spring of 2024, you will have outstanding infrastructure and tools to help achieve success.

What’s in it for you…

At Woodward, our “employees” are called and treated as “members” and we’ve created a culture that appreciates and values the contributions of every member. It’s an inclusive, positive, collaborative, and socially responsible environment where members work together for outstanding outcomes.

What you will be doing…

· Ensuring the competitiveness of compensation at Woodward by managing the survey participation process, conducting market pricing and best practice research, monitoring trends, and interpreting results. This includes modeling and recommending salary structure updates

· Participate in and lead annual programs such as the merit and promotion cycle, including development of communication and training materials, pre/during/post cycle audits, reporting/analysis, configuration testing, etc.

· Administer short- and long-term incentive programs, including equity program administration (RSUs, Stock Options, and PSUs)

· Maintain and update plan documentation and communication as programs/tools change

· Collaborate with leadership in the design and development of compensation programs and policies to ensure competitiveness, equity, and alignment with the company’s goals and objectives

· Maintains and updates plan documentation for all compensation programs as well as member and manager communications and trainings

What we are looking for…

· 10+ years Minimum of ten years' compensation experience in a public company with at least three years’ operating in the corporate compensation function

· 5+ years’ experience with presenting data and explaining technical compensation data

· 2-5 years’ experience administering executive compensation and short- and long-term incentive plans and programs required

This position requires use of information which is subject to the International Traffic in Arms Regulations (ITAR) and the Export Administration Regulations (EAR). All applicants must be U.S. persons within the meaning of ITAR and EAR or possess all required authorizations from the U.S. Department of State Department and the U.S. Department of Commerce. ITAR defines a U.S. person as U.S. Citizen, U.S. Permanent Resident (i.e., 'Green Card Holder), Political Asylee, or Refugee.

Woodward is an Equal Opportunity Employer

EO/AA/M/F/Disabled/Protected Veterans

Job Human Resources

Primary Location United States-Colorado-Fort Collins, Lincoln Campus HQ

Other LocationsUnited States-Colorado-Denver

Organization Woodward

Schedule FULL TIME

Shift 1st Shift / Day Job

Woodward, Inc. is an independent designer, manufacturer, and service provider of control solutions for the aerospace and industrial markets. The company's innovative fluid, combustion, electrical, and motion control systems help customers offer cleaner, more reliable, and more efficient equipment. Woodward is headquartered in Fort Collins, Colorado, USA, and serves customers worldwide.
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