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Sr Global Compensation Analyst

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, Fort Collins
Nov 05, 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: $86,400(minimum) - $108,000(midpoint) - $129,600(maximum)
  • 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 hir
  • 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 Senior Analyst of Compensation, we have an exciting opportunity for you. This position reports to the Manager Compensation and will support the delivery of global market-based compensation programs, including base/fixed pay, hourly, and sales comp that align effectively with business objectives. This role is a key position within the Total Rewards team that requires strong analytical skills, attention to detail and customer service orientation.

You'll help deliver the enterprise-wide market pay process, using established standards for compensation surveys benchmarking, data analysis, salary structure development and salary planning.

What You Will Be Doing

  • Provide compensation guidance and support to assigned clients group and HR business partners on a regular basis and during compensation cycles.
  • Conduct compensation analysis, including job evaluation, market analysis and cost modeling and provide insights to inform compensation strategies and decisions.
  • Benchmark jobs against survey data and other market intelligence to determine competitive compensation ranges for each position.
  • Lead participation in external salary surveys and maintain market data in market pricing tool.
  • Participate in the deployment and maintenance of the career framework.
  • Participate in annual programs such as the merit cycle, including system configuration testing, delivering communication and training materials, conducting audits throughout the cycle, and reporting and analysis.
  • Administer annual and quarterly short- term incentive programs, including maintenance of plan documentation and communication as programs/tools change.
  • Ensure compliance with legal requirements related to compensation, such as equal pay laws and minimum wage.
  • Contribute to the upgrade of tools used for analysis.

What We Are Looking For

  • US - Bachelor's Degree in Arts/Sciences (BA/BS) Accounting, Human Resources or in an equivalent directly related field required
  • 5+ years Related work experience in a corporate compensation department required
  • Experience with presenting data and explaining technical compensation data required
  • Strong understanding of compensation program practices and trends preferred
  • Exceptional quantitative skills with a commitment to accuracy and details preferred
  • Experience within a Global Organization preferred.
  • Demonstrated Ability to Build Strong Relationships and experience in supporting the day-to-day compensation needs of a large client group preferred
  • Strong sense of teamwork preferred
  • Experience with HR systems (Workday/SuccessFactors/SAP), Workday HCM and Advanced Compensation preferred.

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/or the Export Administration Regulations (EAR). All applicants must be U.S. Persons within the meaning of the ITAR and EAR, or eligible to obtain all required authorizations from the U.S. Department of State and/or the U.S. Department of Commerce. The ITAR defines a U.S. Person as a U.S. citizen or national, lawful permanent resident (i.e., 'Green Card holder'), or a protected person (e.g., asylee, or refugee).

Woodward is an Equal Opportunity Employer

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

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