Benefits, Compensation, Compensation-Executive, Compensation-Sales, Employee Assistant Program, Total Rewards
4 Year Degree
Are you ready to make your mark? If you’re a strategic and impactful Total Rewards leader, we have an exciting opportunity for you. This role will partner with our executive team, our Board, our Total Rewards and global HR team and many other leaders throughout the company to lead the design, development and implementation of our Total Rewards strategies and programs for Woodward’s global workforce. This includes executive compensation, broad-based compensation, equity, benefits, recognition programs, service programs, as well as other areas related to the rewards ecosystem. You will be providing leadership, management and direction for the global Total Rewards organization and ensuring that the Total Rewards programs are aligned with business strategies.
What you will be doing
Partner with senior leadership to define, develop, communicate, and execute the Total Rewards philosophy, vision, and strategy in support of the company’s short- and long-term business objectives
Develop and execute to a strategic Total Rewards roadmap, in alignment with the executive team, indicating both where Woodward is today and where we need to go in the future with respect to our Total Rewards environment
Define the technology path for improving both our member experience as well as the administration of our Total Rewards programs.
Consult with business partners at all levels in creating effective programs that help drive the desired behaviors and business results
Communicate, educate and market the Total Rewards value to Woodward members (present and future) to ensure they can make the best possible choices for their personal lives
Lead preparation and/or delivery of all Total Rewards related information to the Compensation Committee as well as the Board of Directors
Oversee all annual processes associated with Total Rewards
Develop effective analytics and metrics to influence program direction and monitor business impact
Manage and maintain an appropriate set of vendors to augment our services and
Monitor claims experience, vendor programs, plan benchmarks and costs of benefit and compensation plans; recommend improvement and implement approved changes
Monitors regulatory compliance and audits
Provide Total Rewards consultation, support and active involvement for union negotiations and mergers/acquisitions/divestitures activity
Lead a dispersed team of Total Rewards professionals while fostering a collaborative, values-driven ‘one-HR’ team culture of high standards, strong productivity and innovation
Model a business-partner culture and mentality across the Total Rewards team
What We Are Looking For
15+ years in development, implementation, and execution of Total Rewards strategies
Progressive and scaled leadership roles, including 5+ years holding the top Total Rewards role in a public company
5+ years working directly with the CHRO, CEO and Board (Compensation Committee) on executive / equity compensation strategies and programs is strongly preferred
Extensive executive compensation experience, including equity programs and other LTI programs
Experience with design, development and administration of broad-based pay and incentive programs
Extensive knowledge of and experience leading benefits organizations, including health and welfare and retirement programs
One or more certifications or demonstrated technical experience in compensation, benefits, HR leadership and/or consulting; CCP designation preferred
Previous exposure and experience with collective bargaining and M&A support
Broad exposure to corporate compensation and benefit trends and strong knowledge of ERISA, IRS, DOL, HIPAA and other benefit–related regulations.
Bachelor’s degree in Arts/Sciences (BA/BS) in insurance, business administration or related field.
Master’s degree or MBA preferred.
Certifications in executive compensation, CEBS, CCP or similar compensation designation preferred
Ability to travel 10-20% domestic and international
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 a positive collaborative environment where members work together for outstanding outcomes.
Woodward offers an extensive Total Reward package for this position, including:
Estimated annual pay: $200,000-250,000
Sick Time / Short Term Disability / Bereavement / Adoption Assistance / Vacation / 401(k) Match
Stock Contribution after 2 years / Tuition Reimbursement / Employee Assistance Program
Long Term Disability / Member Life & AD&D / Family and Medical Leave / Member Optional Life
Spouse/Child Optional Life / Optional AD&D / Healthcare and Dependent Care Flexible Spending
Home Auto Insurance / Whole Life Insurance / Critical Illness Insurance / Legal Plan / Military Leave
Stock Options / Deferred Compensation Plan / Performance based Cash LTI Awards / Individual Disability Plans
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.
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