Senior Compensation Analyst - Leading Insights & Analytics

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.

Position Overview/Purpose

Join Timken’s Global Total Rewards team and help shape how we attract, reward, and retain the talent that powers our business globally. As a Senior Compensation Analyst, you’ll help design, implement, and manage global broad-based and incentive compensation programs that keep us competitive, drive performance and align with organizational objectives.

Why Timken? Be part of an established, purpose-driven company where your work influences global programs and real business outcomes. You’ll join a collaborative, high-impact team that values curiosity and continuous improvement – and you’ll find opportunities to grow professionally while helping shape a world-class Total Rewards function.

Key Responsibilities

• Compensation Program Benchmarking, Design & Administration
• Design, evaluate, and implement global compensation structures, salary ranges, and incentive programs for both salaried and hourly roles
• Benchmark compensation practices against industry standards
• Conduct global job evaluations and participate in compensation benchmarking surveys
• Incentive Compensation Strategy & Management
• Partner on the design, modeling, and analysis of incentive compensation programs, including short-term incentives (STIP) and sales incentive plans (SIPs) across global regions
• Partner with HR and business leaders to align incentive structures with operational goals, metrics and financial targets
• Evaluate and recommend plan improvements to ensure effectiveness, competitiveness and alignment with business strategy
• Develop tools, dashboards and reports to monitor performance metrics and calculate incentive payouts accurately and efficiently
• Systems & Analytics
• Leverage HRIS system, PowerBI, Excel, and other analytics tools to prepare detailed compensation dashboards, reports and visualizations that support actionable insights to support senior leadership in solving problems and making data-driven decisions
• Develop scalable and repeatable data models to support processes such as the annual compensation cycles, incentive program analysis, and pay equity reviews
• Drive continuous improvement in compensation processes by automating workflows and increasing usability and impact of data
• Partner with HRIS and IT to act as a compensation subject matter expert, supporting system configuration, testing and upgrades related to compensation modules and processes
• Mergers & Acquisitions (M&A) Integration
• Assist in the design and implementation of post-acquisition compensation integration plans, including harmonization of job architecture, salary structures, and incentive programs
• Annual Compensation Cycle
• Assist in the annual merit and short-term incentive planning cycles, including system configuration, process design, manager education/training, and communications
• Global Support & Compliance
• Collaborate with global HR Business Partners, Finance, Legal and Talent teams to support compensation initiatives globally

Qualifications/Functional Skills

• Bachelor’s degree in Human Resources, Accounting/Finance, Business, Economics or related field, Master’s degree preferred, CCP certification a plus
• 5+ years in Compensation, Accounting/Finance or HRIS, preferably in a global manufacturing environment
• Advanced Excel skills, and experience with Compensation systems/HRIS tools preferred (e.g., SuccessFactors, Workday, MarketPay)
• Demonstrates strong systemic thinking by understanding how decisions and processes are interconnected across functions, regions and organizational levels, anticipating downstream impacts and aligning actions with overall business strategy
• Ability to work collaboratively in cross-functional teams and build strong working relationship across HR, HRIS, IT, Finance and business functions
• Exceptional analytical, critical thinking and project management skills; Applies a data-driven approach to solving complex problems, ensuring solutions align with both organizational strategy and operational execution
• Clear written and verbal communication skills for stakeholders at all levels
• High attention to detail and commitment to data integrity
• Ability to manage multiple priorities in a fast-paced environment

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.