Compensation Specialist

Posted 15 Days Ago
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Parsippany, NJ, USA
In-Office
84K-110K Annually
Mid level
Aerospace
The Role
Manage global compensation programs including job evaluations, salary range development, merit budget analysis, incentive plan administration, data audits in Workday, market pricing, compliance, and support for executive compensation and compensation projects.
Summary Generated by Built In

Compensation Specialist

We are looking for a Compensation Specialist to join our team in Parsippany, NJ!

Location: Parsippany, NJ (Hybrid)

Salary: $84,000 - $110,000

Please note that the salary range information provided is a general guideline only, reflecting a position based in New Jersey. Criteria such as the candidate’s qualifications and relevant experience, the scope of the specific position, as well as market and business considerations will be evaluated when extending an offer.

We Take Care of Our People

Paid Time Off I 401K with Employer Match and Profit Sharing I Health and Wellness Benefits I Learning and Development Opportunities I Referral Program I Competitive Pay I Recognition I Employee Stock Purchase Plan I Inclusive & Supportive Culture

Your Challenge:

  • Partner with field locations in the U.S. and other countries to administer compensation programs aligned with Corporate policy. Handle inquiries from field locations, interpret company policy and government regulations, and provide solutions to compensation-related issues.

  • Create job descriptions, conduct job evaluations, determine U.S. FLSA exemption status, and recommend compensation grade assignments.

  • Participate in various industry-related compensation surveys and utilize data to ensure competitive pay practices.

  • Provide administrative support for the short-term incentive compensation plans, including completing forfeiture analyses and auditing bonus plan participation details.

  • Conduct periodic compensation-related data audits in Workday and support compensation plan configuration and maintenance.

  • Develop and monitor salary ranges globally to ensure internal equity and market competitiveness.

  • Complete global merit budget analysis and assist in the company’s annual focal compensation planning process for global salary review, long-term incentive grant, and incentive payout.

  • Evaluate and analyze compensation practices and propose adjustments pay programs and administrative processes.

  • Ensure compliance with applicable federal, state, and international laws to ensure programs and plans meet statutes and requirements.

  • Assist with executive compensation analysis and projects.

  • Support the Compensation department with various projects across the organization in order to help achieve key deliverables in the department in a timely fashion.

Your Expertise:

  • Bachelor’s Degree with 3+ years of compensation experience in a multinational environment

  • Excellent Microsoft Excel skills (pivot tables, vlookup)

  • Knowledge of compensation practices and processes

  • Excellent written and verbal communications skills

  • Strong organization, project management, and time management skills

  • Strong analytical and reporting skills

  • Ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems

  • Ability to maintain a high level of confidentiality and professionalism

  • Ability to conduct comprehensive market pricing studies

  • Ability to build collaborative relationships and foster teamwork

  • Quality orientation and careful attention to detail

  • Experience with Workday Compensation preferred

  • Completion or progress towards Certified Compensation Professional (CCP) preferable

Who We Are

Our Values

Environmental, Social and Governance

In 1929, Curtiss-Wright Corporation (NYSE: CW) was formed by the merger of companies founded by Glenn Curtiss, the father of naval aviation, and the Wright brothers, renowned for history’s first flight. 

We have continued on the path of innovation and advanced engineering, and have applied that expertise to a number of critical applications in high-performance markets. Our success has resulted in a world-renowned reputation for performance, long-standing customer relationships and significant growth and profitability in the markets in which we compete.

Today, we are a global, integrated provider of highly engineered, technologically advanced products and services. Our revenues are generated by providing our critical solutions through three segments: Aerospace & Industrial, Defense Electronics and Naval & Power, which support several of the largest, most vital industries in the world.

To learn more, please visit us at Curtiss-Wright Corporation - Home (curtisswright.com)

*Please note, benefits are country specific and may vary from location to location.

#IND

#LI-NK1

No unsolicited agency submittals please.  Agency partners must be invited to participate in a search by our Talent Acquisition Team and have signed terms in place prior to any submittal.  Resumes submitted directly to any Curtiss-Wright employee or affiliate will not qualify for fee payment, and therefore become the property of Curtiss-Wright.  

Compliance Statement

This position may require exposure to export-controlled information and subject to additional security screening.  In the event information provided during the security screening reveals ineligibility to access export-controlled information, any offer of employment may be reconsidered or withdrawn. 

Curtiss-Wright is an equal opportunity employer.  All qualified applicants will receive consideration for employment without regard to race, ethnicity, color, sexual orientation, gender identity, physical or mental disability, age, ancestry, legally protected medical condition, family care status, marital status, religion, veteran status, national origin, or any other legally protected status. If you require accommodation during the recruitment process, please contact Talent Acquisition.

For US Applicants: EEO is The Law – click here for more information.

If you require accommodation due to a disability at any time during the recruitment and/or assessment process, please contact Talent Acquisition and we will make all reasonable efforts to accommodate your request.

Skills Required

  • Bachelor's Degree with 3+ years of compensation experience in a multinational environment
  • Excellent Microsoft Excel skills (pivot tables, vlookup)
  • Knowledge of compensation practices and processes
  • Excellent written and verbal communications skills
  • Strong organization, project management, and time management skills
  • Strong analytical and reporting skills
  • Ability to make sense of complex, high quantity, and sometimes contradictory information to effectively solve problems
  • Ability to maintain a high level of confidentiality and professionalism
  • Ability to conduct comprehensive market pricing studies
  • Ability to build collaborative relationships and foster teamwork
  • Quality orientation and careful attention to detail
  • Experience with Workday Compensation
  • Completion or progress towards Certified Compensation Professional (CCP)
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The Company
HQ: Charlotte, NC
5,500 Employees

What We Do

Curtiss-Wright Corporation is a diversified, multinational provider of highly engineered, technologically advanced products and services. We are the corporate descendants of the Wright brothers, the fathers of flight, and Mr. Glenn Curtiss, the father of naval aviation. In 1929, the companies founded by these three great aviation pioneers merged to form the largest aircraft company at the time, Curtiss-Wright Corporation. Today, we design and manufacture highly engineered, advanced technologies that perform critical functions in demanding conditions in the commercial, industrial, defense, and energy markets, and have operations in the United States, the United Kingdom, Canada, and internationally. We are listed on the New York Stock Exchange and trade under the symbol CW.

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