Compensation Manager at Woodward in Fort Collins

Job description

Woodward is committed to creating a great workplace for all team members. Our company and its members are committed to acting with integrity, being respectful and accountable to one another, and staying humble and driven, while maintaining the highest professional and ethical standards. We are steadfastly committed to attracting the best talent across our communities creating a rewarding workplace. Together we are fulfilling our purpose to design and deliver energy control solutions our partners count on to power a clean future. 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: $108,000 - $155,000 All Levels are eligible for the benefits below: 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 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: o Home / Auto Insurance discounts o Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave As a Compensation Manager at Woodward, you will play a pivotal role in ensuring compensation programs are strategically aligned with business objectives. Reporting to the Director, Compensation, you will lead compensation support for a business segment while contributing technical expertise and consulting leadership across Woodward’s enterprise-wide compensation programs. As a key leader within the Total Rewards team, you will help design, deliver, and continuously improve market-based compensation programs and standards, provide expert consultation to business and HR leaders, and ensure effective execution of annual compensation programs. What You Will Be Doing Lead compensation support for a business segment, serving as the principal compensation consultant and technical subject-matter expert to business and HR stakeholders while ensuring compensation strategies align to business objectives. Provide strategic consultation to the business through needs assessment, data analysis and recommend competitive, sustainable solutions grounded in Woodward’s market practices, compensation philosophy, and governance standards. Participate in the design and administration of incentive compensation programs and manage the delivery of bonus payments. Participate in the annual salary planning cycle by supporting system configuration and testing, developing communications and training materials, performing audits, and providing analysis and reporting to stakeholders. Monitor market benchmarks and emerging trends to maintain accurate market pricing data and develop competitive salary structures. Support the ongoing governance and maintenance of the enterprise Career Framework, including job architecture, career leveling, and market alignment activities. Ensure compensation programs comply with applicable laws, regulations, internal governance standards, and pay equity and transparency requirements. Lead continuous improvement of compensation systems, frameworks and processes to strengthen efficiency and consistency to deliver business solutions. Build strong internal and external relationships, partnering across HR, Finance, Legal, HR Technology, and business leadership to deliver integrated compensation s