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Sr Compensation Analyst

$85k - $125k

01 & 04 Woodward, Inc.

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: $85,000 - $125,000

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:
  • Home / Auto Insurance discounts
  • Whole Life Insurance / Critical Illness Insurance / Legal Assistance / Military Leave

As a Senior Compensation Analyst, you will play a critical role in delivering market-based compensation programs that support Woodward's business strategy and talent objectives. Reporting to the Director, Compensation, this position combines deep analytical expertise with strong consulting capabilities, serving as a trusted advisor to business segment HR partners on compensation strategy, market competitiveness, job architecture, and pay decisions. The ideal candidate brings a balance of technical compensation knowledge, business acumen, and relationship-building skills to help drive effective and equitable compensation outcomes across the organization.

What You Will Be Doing
  • Serve as a trusted compensation consultant to business group HR Business Partners, providing expert guidance on compensation programs, market competitiveness, pay decisions, job evaluations, and talent-related compensation strategies.
  • Partner with business HR partners to understand organizational needs, assess compensation implications, and develop practical solutions that align market practices with business objectives and Total Rewards philosophy.
  • Conduct compensation analyses, including job evaluation, market pricing, workforce modeling and cost impact assessments to deliver insights and recommendations that drive informed decision-making.
  • Benchmark positions using salary surveys and market intelligence to establish competitive pay ranges aligned to business objectives.
  • Lead participation in external compensation surveys, ensuring accurate job matching, maintaining market pricing data, and identifying emerging market trends that may impact compensation strategies.
  • Support the ongoing governance and maintenance of the enterprise Career Framework, including job architecture, career leveling, and market alignment activities.
  • Play a key role in annual compensation programs, including salary planning and merit cycles, by supporting system configuration and testing, developing communications and training materials, performing audits, and providing analysis and reporting to stakeholders.
  • Support the administration of annual and quarterly incentive programs, maintaining plan documentation, validating payouts, supporting communications, and recommending process improvements.
  • Ensure compliance with compensation-related laws, regulations, and internal governance standards, including pay equity, pay transparency, wage and hour requirements, and other regulatory obligations.
  • Identify opportunities to enhance compensation processes, tools, reporting capabilities, and analytics to improve efficiency, accuracy, and decision support.
What We Are Looking For
  • US – Bachelor's Degree in Arts/Sciences (BA/BS) Accounting, Human Resources or in an equivalent directly related field preferred
  • 5+ years Related work experience in a corporate compensation department required
  • Demonstrated ability to build strong partnerships and effectively consult with leaders, HR Business Partners, and cross-functional stakeholders on complex compensation matters.
  • Strong business acumen and the ability to translate compensation data into actionable recommendations and business-focused solutions.
  • Exceptional analytical and problem-solving skills with experience developing compensation recommendations supported by quantitative analysis.
  • Experience with HR systems (Workday/SuccessFactors/SAP), Workday HCM and Advanced Compensation preferred.
  • Ability to work independently, manage competing priorities, and navigate ambiguity in a dynamic, global environment.

Application window is anticipated to close 7 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.

Woodward is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, color, religion, sex (including sexual orientation and gender identity), national origin, age, disability, protected veteran status, or any other category protected under federal, state, or local laws.

What does it mean to be part of Woodward?

It means contributing to what matters most in your career, in your community and around the world. It means being a part of rewarding experiences, where innovation, collaboration and problem-solving are at the heart of what we do.

Woodward is the global leader in the design, manufacturing, and service of energy conversion and control solutions for the aerospace and industrial equipment markets. Together with our customers, we are enabling the path to a cleaner, decarbonized world. Our innovative fluid, combustion, electrical, propulsion and motion control systems perform in some of the world’s harshest environments. At Woodward we have created a culture that appreciates and values the contributions of every member. We are a global team of curious, innovative problem-solvers who commit our knowledge, resources and technical expertise to the challenges associated with reducing emissions, enabling alternative energy sources and increasing efficiency, always innovating for a better future.

Woodward is working with our customers to solve some of the world’s biggest energy challenges. This important work needs more than just the brightest technical minds. It requires talented and committed manufacturing professionals, accountants, supply chain managers, human resources experts, information technology specialists and many more. We are looking for dedicated people who want to learn and grow in a supportive environment that fosters collaboration, innovation and inclusion.

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Vacancy posted 4 days ago
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