Compensation Manager

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: $108,300 - $162,300 

Relocation is available

Open to hybrid schedule (2 days remote and 3 days in the office)

         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 

         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