Overview
Principal Executive Compensation Analyst Jobs in North Canton, OH at The Timken Company
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Principal Executive Compensation Analyst
North Canton, Ohio, United States, 44720
What Timken makes possible begins with you.
Those who came before us helped land a man on the moon, create the world’s infrastructure, and introduce renewable energy alternatives. Now you can join the Timken team to write your own unique story and help drive what’s next.
A career at Timken means you can have an immediate impact doing Work That Matters to the world— improving the efficiency of today’s industrial equipment and preparing for the future of motion on our planet and beyond. New employees can start contributing right away, and there are many opportunities to advance your career at your own pace. Join our global team of 19,000 people in 45 countries, and start helping our customers push the limits of what’s possible in their world of motion.
Purpose:
This position exists in the company to ensure executive and long-term incentive compensation programs are competitive and designed to attract, retain, and motive leadership talent while supporting shareholder value creation. These efforts will ensure that our executive compensation programs, policies, and practices support the company’s strategic objectives by leveraging current industry trends.
This position will serve as a subject matter expert in the executive compensation space and requires experience in strategy, design, implementation, and administration of short- and long-term incentives, job evaluations, salary increases, salary surveys, executive compensation, international compensation, sales compensation, financial/tax treatment of compensation programs, equity administration, proxy disclosure and analysis, and other specialized areas of compensation.
As an expert in the executive compensation field, this position is expected to effectively manage global projects, interact with senior management, and provide consultative advice on technical compensation and executive compensation matters.
Responsibilities:
Conduct detailed market analyses using survey data and proxy peer group benchmarking to evaluate executive and senior leader compensation
Develop recommendations for base salary, bonus targets, equity grants, and long-term incentive plan (LTIP) designs
Assist in the development, modeling, and administration of LTIPs, including performance-based and time-based equity programs
Support design enhancements, administration, and governance of the company’s Deferred Compensation Plan
Evaluate plan effectiveness and alignment with company performance and shareholder value creation
Support the annual equity grant cycle, off-cycle equity requests, and vesting events in collaboration with legal, finance, and HR business partners
Ensure accuracy of data and compliance with plan provisions and regulatory requirements
Compile and prepare executive compensation materials for review by the Compensation Committee and Board of Directors
Develop clear, data-driven presentations and briefing materials for executive leadership
Support the preparation of the annual proxy statement and CD&A disclosure
Partner with internal Legal, Finance, and Payroll teams to ensure accurate and timely reporting and public filings
Maintain relationships with external consultants and advisors to monitor industry trends, regulatory updates, and emerging practices in executive compensation
Responsible for the governance, oversight, and strategic design of international equity compensation programs
Recommend changes for all executive compensation, stock compensation, and deferred compensation plans to enhance competitiveness, align to the company’s strategy, and ensure compliance both in the U.S. and internationally
Utilize data analytics to solve complex problems and identify solutions
Involvement in the job evaluation and market benchmarking of key roles within the organization
Qualifications:
Minimum: Bachelor’s Degree in HR, Business, Finance or related field with 7+ years experience
Compensation experience (incentive plan design, long-term equity plans, benchmarking, document preparation)
Team player
Strong attention to detail
Analytical/quantitative skills
Financially minded
Microsoft Office – mandatory (Excel & PowerPoint are critical skills)
Strong communication skills and executive presence (opportunity to present to the Board of Directors)
Ability to manage competing priorities
Possesses strong strategic thinking and systemic thinking skill
Influencing skills
Vendor management
Ability to maintain confidentiality
Strong business writing skill
Global manufacturing experience preferred
What We Offer
Comprehensive Benefits Package: Medical (including Fertility coverage), Dental, Vision and additional Supplemental Benefits including Pet Insurance, Identify Theft Protection, Legal Assistance and many more
We Invest in your Future: 401(k) Savings Plan with company match up to 4.5%, 100% vested in both employee and company-matching contributions, you may also be eligible for additional quarterly company contribution depending on your location
State of the Art Facility: Enjoy on-site amenities such as cafeteria, gym, health clinic, walking paths and ergonomic support
Work-Life Balance: Timken supports work-life balance through 10 paid holidays, a generous vacation plan and access to our Employee Assistance Program. We also offer Paid Parental Leave up to 12 weeks 100% paid for birth parent and up to 6 weeks 100% paid leave for the non-birth parent and adoptive parents
Life-Long Learning: Competitive Educational Reimbursement Program, 24/7 access to thousands of personal and professional online development resources with best-in-class tools, learning offerings, and professional certification courses
All qualified applicants shall be treated equally according to their individual qualifications, abilities, experiences and other employment standards. There will be no discrimination due to gender or gender identity, race, religion, color, national origin, ancestry, age, disability, sexual orientation, veteran/military status or any other basis protected by applicable law.
The Timken Company, a global technology leader in engineered bearings and industrial motion, designs a growing portfolio of next-generation products for diverse industries. For more than 125 years, Timken has used its specialized expertise to innovate and create customer-centric solutions that increase reliability and efficiency. The company posted $4.6 billion in sales in 2024 and employs more than 19,000 people globally, operating from 45 countries. Timken has been recognized among America’s Most Responsible Companies and America’s Greatest Workplaces for Diversity by Newsweek, the World’s Most Ethical Companies® by Ethisphere and America’s Most Innovative Companies by Fortune.
Why Choose Timken?
Over a century of knowledge and innovation
A culture of top performance
A global, diverse environment
Products that contribute to a sustainable world
A conviction to improve communities around us
Competitive salary and benefits
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Title: Principal Executive Compensation Analyst
Company: The Timken Company
Location: North Canton, OH
