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Compensation Manager
Woodward, Inc.. Lead compensation support for a business segment as principal compensation consultant and technical subject-matter expert .
Core Competencies
Role fitCore Competencies
Use this summary to align your resume positioning with the role.
Demonstrates expertise in compensation design and administration, including base pay and incentive programs, while ensuring alignment with business objectives and compliance with regulations. Proficient in data analysis and HRIS systems, with strong project management and communication skills to effectively collaborate across global teams.
Highest-signal resume keywords
Compensation Design And AdministrationHRIS Proficiency (Workday)Advanced Excel SkillsProject ManagementData Analysis And Reporting
ATS Keywords
Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills
Compensation StrategyIncentive Compensation ProgramsMarket Pricing Data ManagementSalary Structures DevelopmentJob ArchitectureCompliance With Pay EquityNeeds AssessmentContinuous ImprovementAudits And ReportingData Translation Into Recommendations
Soft Skills
Strong Written CommunicationStrong Verbal CommunicationProblem-Solving SkillsStakeholder EngagementLeadership
Tools & Technologies
HRIS SystemsWorkdayExcel
Industry Keywords
Compensation ConsultingGlobal Organization ExperienceCareer Framework GovernanceMarket Benchmarks MonitoringInternal Governance Standards
About the role
Key responsibilities & impact- Lead compensation support for a business segment as principal compensation consultant and technical subject-matter expert
- Ensure compensation strategies align with business objectives
- Provide strategic consultation through needs assessment and data analysis
- Recommend competitive, sustainable compensation solutions
- Participate in design and administration of incentive compensation programs
- Manage delivery of bonus payments
- Support annual salary planning through system configuration and testing
- Develop communications and training materials
- Perform audits, analysis, and reporting for stakeholders
- Monitor market benchmarks and emerging trends
- Maintain accurate market pricing data and develop competitive salary structures
- Support governance and maintenance of the enterprise Career Framework, including job architecture, career leveling, and market alignment
- Ensure compliance with laws, regulations, internal governance standards, and pay equity and transparency requirements
- Lead continuous improvement of compensation systems, frameworks, and processes
- Partner across HR, Finance, Legal, HR Technology, and business leadership in a global environment
- Report to the Director, Compensation
Requirements
What you’ll need- 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 compensation 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)
- Advanced knowledge of Excel
- Strong project management skills and the ability to lead work from concept through completion
- Advanced analytical and problem-solving skills
- Ability to translate complex compensation data into actionable recommendations aligned with business outcomes
- Strong written and verbal communication skills
- Ability to present complex compensation concepts clearly to executive, business, and HR audiences
- For Rockford, Niles, IL, and Zeeland, MI locations: U.S. Person under ITAR/EAR or eligible to obtain required authorizations
Benefits
Comp & perks- Annual cash bonus opportunity
- 401(k) match (4.5%)
- Annual Woodward stock contribution (5%)
- Tuition reimbursement
- Training/Professional Development opportunities
- 12 paid 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
- 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
- Home / Auto Insurance discounts
- Whole Life Insurance
- Critical Illness Insurance
- Legal Assistance
- Military Leave