Career Area:

Job Description:

Your Work Shapes the World at Caterpillar Inc.

When you join Caterpillar, you're joining a global team who cares not just about the work we do – but also about each other.  We are the makers, problem solvers, and future world builders who are creating stronger, more sustainable communities. We don't just talk about progress and innovation here – we make it happen, with our customers, where we work and live. Together, we are building a better world, so we can all enjoy living in it.

The Manager, Compensation Programs & Incentive Administration is responsible for developing, implementing, and managing enterprise compensation programs that support business objectives and talent strategies. This role serves as the primary subject matter expert for salary administration, market pricing, incentive compensation, annual merit planning, and compensation governance.  The successful candidate will leverage data, market intelligence, and compensation analytics to ensure competitive and equitable pay practices. This is a highly visible role that will partner with executives and HR leaders, and support bonus and incentive plan administration across the organization.

What You Will Do:

• Acts as functional expert and leads external market research and analyses to understand Total Rewards trends and ensure our programs are market competitive and support business and talent objectives
• Leads complex Total Rewards related projects, interacting with consultants and internal partners
• Lead internal team to ensure delivery of Total Rewards programs, processes, and services
• Administer annual and short-term incentive plans across business units.
• Lead bonus calculations, payout governance, and plan communication activities.
• Partner with Finance, HR and Segment Business leadership to ensure accurate incentive funding and administration.
• Support development and implementation of sales, management, and executive incentive programs.

• Conduct market pricing studies and compensation benchmarking analyses.

• Ensure compensation practices comply with federal, state, and local regulations.
• Partner with Legal, Finance, and HR stakeholders to mitigate compensation-related risk.
• Support comparable compensation, transparency, and compensation governance initiatives.

What You Will Have:

• Education: Bachelor’s degree or equivalent experience  
• Analytical Thinking: Knowledge of techniques and tools that promote effective analysis; ability to determine the root cause of organizational problems and create alternative solutions that resolve these problems.
• Influencing: Knowledge of effective influencing tactics and strategies; ability to impact decisions within and outside own organization.
• Interpersonal Relationships: Knowledge of the techniques and the ability to work with a variety of individuals and groups in a constructive and collaborative manner.
• Compensation Management: Knowledge of compensation structure, and regulations and policies related to compensation; ability to design, implement and evaluate compensation programs, policies and processes within an organization.
• Program Management: Knowledge of the policies and techniques to manage a set of related projects within a program; ability to plan, organize, monitor, and control the set of projects, ensuring efficient utilization of technical and administrative resources to achieve program objectives.
   

Top Candidates Will Also Have:

• Advanced Excel skills
• Power BI experience
• Experience with Workday and the Advanced Compensation Module in Workday
• Previous incentive compensation administration experience

Additional Info:

• This position will be located in Irving, TX
• This role requires 5 days a week in office
• Domestic relocation is available for those who qualify
• Sponsorship is not available

What You Will Get:

• Our goal at Caterpillar is for you to have a rewarding career. Our teams are critical to the success of our customers who build a better world.
• Here you earn more than just a salary because we value your performance.  We offer a total rewards package that provides benefits on day one (medical, dental, vision, RX, and 401K) along with the potential of an annual bonus. Additional benefits include paid vacation days and paid holidays.
• All qualified individuals - Including minorities, females, veterans and individuals with disabilities - are encouraged to apply.

About Caterpillar –

Caterpillar Inc. is the world’s leading manufacturer of construction and mining equipment, off-highway diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. For 100 years, we’ve been helping customers build a better, more sustainable world and are committed and contributing to a reduced-carbon future. Our innovative products and services, backed by our global dealer network, provide exceptional value that helps customers succeed.

Final details:

Please frequently check the email associated with your application, including the junk/spam folder, as this is the primary correspondence method. If you wish to know the status of your application – please use the candidate log-in on our career website as it will reflect any updates to your status.

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Summary Pay Range:

Compensation and benefits offered may vary depending on multiple individualized factors, job level, market location, job-related knowledge, skills, individual performance and experience. Please note that salary is only one component of total compensation at Caterpillar. 

Benefits:

Subject to plan eligibility, terms, and guidelines. This is a summary list of benefits.

• Medical, dental, and vision benefits*

• Paid time off plan (Vacation, Holidays, Volunteer, etc.)*

• 401(k) savings plans*

• Health Savings Account (HSA)*

• Flexible Spending Accounts (FSAs)*

• Health Lifestyle Programs*

• Employee Assistance Program*

• Voluntary Benefits and Employee Discounts*

• Career Development*

• Incentive bonus*

• Disability benefits

• Life Insurance

• Parental leave

• Adoption benefits

• Tuition Reimbursement

* These benefits also apply to part-time employees

Posting Dates:

Any offer of employment is conditioned upon the successful completion of a drug screen.

Caterpillar is an Equal Opportunity Employer, Including Veterans and Individuals with Disabilities.  Qualified applicants of any age are encouraged to apply.

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