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Director Compensation

Woodward, Inc.
life insurance, vision insurance, parental leave, paid holidays, sick time, short term disability, long term disability, tuition reimbursement, 401(k)
United States, Colorado, Denver
March 21, 2024

Woodward's Diversity, Inclusion and Belonging Commitment

At Woodward, no matter where you are from, your physical appearance, or how you identify, you deserve the opportunity to reach your greatest potential. We are on a journey to achieve this as an organization and want to work closely with our members to set the right path.

We humbly acknowledge this will be an imperfect journey. Yet, we are steadfastly committed to embracing the power of diverse people, perspectives and experiences for our current members, attracting the best talent across our communities, and creating an inclusive and rewarding workplace for all.

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 well as internal equity and alignment with market data.

  • Estimated annual base pay: $161,460 (minimum) - $201,825 (midpoint) - $242,190 (maximum)
  • Long-term incentive compensation in the form of equity
  • All members included in annual cash bonus opportunity
    • 401(k) match (4.5%)
    • Annual Woodward stock contribution (5%)
    • 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
  • 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
  • Voluntary benefits, including:
  • Home / Auto Insurance discounts
  • Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

Are you ready to make your mark? If you're a Compensation professional, we have an exciting opportunity for you. You will be responsible for global compensation programs, including executive compensation, variable pay programs and equity programs.

What you will be doing

  • This role will ensure Woodward's compensation programs drive strong alignment with our business objectives
  • Leads the enterprise-wide market pay process. Establishes, maintains and improves standards in the following areas: compensation surveys, position matching, data analysis, salary structure development, incumbent analysis, affordability rates and salary planning
  • The Director Compensation is primarily responsible for ownership of the market-based compensation programs for the entire Company. This includes both base/fixed pay, variable pay programs and executive compensation plans and programs
  • Key leader within the Total Rewards leadership team, critical collaborator in developing both broad-based and executive compensation strategies
  • This role will partner closely with business group HR leaders to ensure strong alignment between design and delivery of the respective programs.
  • Additionally, this position will be responsible for ongoing continuous improvement of our processes and standard work relating to compensation programs.

What We Are Looking For

  • Significant demonstrated experience to align with the requirements of the job
  • Previous experience in global total rewards programs to include direct and indirect compensation systems programming preferred
  • Broad exposure to corporate compensation trends
  • Experience to drive the organization-wide compensation programs to ensure proper and proactive development and maintenance, including the management of broker and vendor relationships, and assurance of cost effective, quality performance
  • Bachelor's degree in Arts/Sciences (BA/BS) Business, Finance or related field

Application window is anticipated to close 30 days from original posting date.

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.

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 a 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