Date Posted:
2025-08-07
Country:
United States of America
Location:
OT999: 1CP - Farmington, CT One Carrier Place, Farmington, CT, 06032 USA
The VP, Global Compensation is a high-impact executive position, responsible for leading Otis’s global broad-based compensation function. You will play a pivotal role in shaping and leading Otis’ global compensation strategies to ensure Otis is leading the competition in terms of our ability to attract, hire, retain, and incentivize top talent while aligning with the company’s business objectives and culture. Reporting directly to the Senior Vice President, Total Rewards, this person will lead with a focus on efficient, technology-driven compensation practices while balancing global applicability with local and regional flexibility, colleague experience, and needs of the business.
We can be flexible on location in the US (EST highly desirable), and can accommodate remote, hybrid or on-site work arrangements, depending on location and preferences.

Key Accountabilities:

• Develop and execute a comprehensive and forward-thinking global compensation strategy that aligns with Otis’s strategic goals and supports a high-performance culture.
• Oversee the design, implementation, and evaluation of compensation programs, including salary structures and incentive plans.
• Ensure compensation practices are competitive and compliant with global regulations and industry standards.
• Collaborate with HR and business leaders to ensure compensation programs support talent management initiatives and business objectives.
• Monitor, assess & adjust programs by leveraging marketing analysis, data analytics, trends, and the impact of strategic and core initiatives to ensure Otis’s compensation offerings remain competitive.
• Ensure alignment with company performance and shareholder interests, preparing compensation guidance and proposals to Executive, HR & Finance leadership as needed.
• Coach, mentor, unite and shape a global team, with a commitment to foster a diverse, equitable, inclusive, and continuous improvement workplace culture.
• Partner cross-functionally to identify opportunities to leverage tools, technology, and processes to improve compensation business processes, operational execution, and efficiency.
• Ensure effective communication of compensation programs, processes, and practices to enhance colleague understanding and drive effectiveness.
• Develop and maintain governance frameworks to manage compensation risk and ensure transparency.

Experience & Qualifications:

• Proven track record in a global compensation senior leadership role, designing and implementing successful compensation strategies, (sales) incentive program design, and managing compliance & administration.
• A successful background in a large, multi-national and highly matrixed organization, working across diverse international markets.
• Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field; advanced degree or professional certification (e.g., CCP or GRP) preferred.
• Strong analytical and problem-solving skills, with the ability to interpret data and make informed decisions.
• Excellent communication and interpersonal skills, with the ability to influence and build relationships at all levels.
• Leadership presence and the ability to communicate sensitive strategic information to Executives and key stakeholders.
• Exceptional collaboration and project management skills, combined with the ability to excel in a global, multicultural environment.
• Demonstrated success leading transformations, driving, and influencing change.
• Strategic mindset together with the willingness to be more tactical and operational; driving continuous improvement and providing hands-on expertise.
• Empathetic, inclusive leader with a desire to empower others and develop a high-performing team.
• Embody Otis’s Absolutes (Safety, Ethics, Quality) and leadership behaviors, serving as a role model for the organization.

Salary & Benefits
The salary range for this role is USD $290k - $330k. We may ultimately pay more or less than the posted range, and the range may change in the future. Pay within the salary range will be based on several factors including, but not limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, performance, and business or organizational needs.
This position is eligible to participate in our annual executive short-term Incentive plan and is eligible to receive equity awards under the Otis executive long-term incentive plan.

Otis currently provides our colleagues with the following benefits:

• 401(k) plan that includes generous company match and a separate automatic retirement contribution
• Comprehensive medical, prescription drug, dental and vision coverage for colleagues and their eligible dependents, beginning on their first day of employment

• Three weeks paid vacation and paid company holidays

• Paid sick leave - Employee assistance and wellness incentive programs

• Life insurance and disability coverage

• Voluntary benefits, such as legal, pet, home, and auto insurance
• Birth/adoption and parental leave benefits
• Adoption assistance
• Tuition reimbursement program
• Peer recognition and service anniversary awards, as well as spot performance bonus opportunities

If you live in a city, chances are we will give you a lift or play a role in keeping you moving every day.
Otis is the world’s leading elevator and escalator manufacturing, installation, and service company. We move 2 billion people every day and maintain approximately 2.2 million customer units worldwide, the industry’s largest Service portfolio.
You may recognize our products in some of the world’s most famous landmarks including the Eiffel Tower, Empire State Building, Burj Khalifa and the Petronas Twin Towers! We are 69,000 people strong, including engineers, digital technology experts, sales, and functional specialists, as well as factory and field technicians, all committed to meeting the diverse needs of our customers and passengers in more than 200 countries and territories worldwide. We are proud to be a diverse, global team with a proven legacy of innovation that continues to be the bedrock of a fast-moving, high-performance company.
When you join Otis, you become part of an innovative global industry leader with a resilient business model. You’ll belong to a diverse, trusted, and caring community where your contributions, and the skills and capabilities you’ll gain working alongside the best and brightest, keep us connected and on the cutting edge.
We provide opportunities, training, and resources, that build leadership and capabilities in Sales, Field, Engineering and Major Projects and our Employee Scholar Program is a notable point of pride, through which Otis sponsors colleagues to pursue degrees or certification programs.
Today, our focus more than ever is on people. As a global, people-powered company, we put people – passengers, customers, and colleagues – at the center of everything we do. We are guided by our values that we call our Three Absolutes – prioritizing Safety, Ethics, Quality in all that we do. If you would like to learn more about environmental, social and governance (ESG) at Otis click
here
.
Become a part of the Otis team and help us #Buildwhatsnext!
Otis is An Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age, or any other protected class according to applicable law. To request an accommodation in completing an employment application due to a special need or a disability, please contact us at careers@otis.com.

Please refer the Job description for details