Arrow International, Inc. · 1 day ago
Director of Compensation
Arrow International, Inc. is seeking a Director of Compensation to build and lead their compensation function. This role involves developing compensation structures and overseeing payroll operations to ensure market competitiveness and internal equity.
Consumer GoodsE-CommerceRetail
Responsibilities
Build and implement Arrow’s compensation framework, including job leveling, salary ranges, compensation ratios, and internal equity structure
Lead the annual merit and bonus planning cycles, including preparation of bonus files, compensation modeling, and collaboration with Finance and HR
Conduct ongoing market benchmarking and pay equity analyses to ensure competitive and fair compensation practices
Support performance review cycles with compensation guidance and recommendations
Provide leaders with clear, data-driven compensation insights to support hiring, promotions, and organizational planning
Develop compensation reports and models that support budgeting, headcount planning, and workforce strategy
Conduct periodic headcount audits and partner with Finance on organizational structure, staffing models, and compensation forecasting
Ensure alignment between compensation programs and financial targets, including bonus/merit modeling and salary budget planning
Support reconciliation of payroll and headcount data with Finance each month
Lead, develop, and support the payroll team
Partner closely with HR, Finance, and business leaders to ensure compensation programs meet organizational needs
Present compensation strategy, recommendations, and insights to the CFO and senior leadership
Maintain the highest level of confidentiality and professionalism
Provide leadership and direction to the payroll function through the Payroll Manager and Payroll Processor
Ensure payroll practices remain accurate, compliant, and aligned with internal financial reporting needs
Support system upgrades, vendor evaluations, and process improvements at a strategic level
Oversee headcount, departmental coding, and payroll data consistency for budgeting and financial reporting
Qualification
Required
Bachelor's degree in Human Resources, Finance, Business Administration, or related field
7+ years of compensation experience, with strong background in compensation design, modeling, and program development
3+ years of leadership or team management experience
Working knowledge of payroll operations and payroll systems; ability to provide guidance without managing day-to-day processing
Strong analytical skills: advanced Excel required
Experience leading compensation cycles (merit, bonuses, job leveling, etc.)
Excellent communication skills with the ability to influence and partner across departments
Ability to thrive in a fast-paced, high-growth environment
Demonstrated ability to manage confidential and sensitive information
Company
Arrow International, Inc.
Arrow International is a consumer goods company that offers pull tabs, daubers, and bingo equipment.
Funding
Current Stage
Late StageRecent News
Crain's Cleveland Business
2023-05-16
Company data provided by crunchbase