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Regal Rexnord
Rosemont, Illinois, United States; Milwaukee, Wisconsin, United States
Source: Regal Rexnord careers · View original posting
From Regal Rexnord's posting. “We” and “our” refer to the employer.
Work Model: Work Model: You’ll work in a hybrid model, onsite at your designated Regal Rexnord location at least 3 days per week (Monday–Thursday), with flexibility to work remotely up to 2 days, including Friday.
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Scope of leadership role
A key influencer of Regal Rexnord’s short and long-term success depends on the ability to have the right talent, in the right roles at the right time to drive the enterprise strategy.
Reporting to the CHRO, the Vice President, Total Rewards will serve as a key member of the HR Leadership Team. This is a strategic and hands-on role that is responsible for developing strategy, building roadmaps of implementation, administration, communication, compliance and providing thought leadership. Responsible for leveraging their expertise to lead Regal Rexnord’s global compensation and benefits functions through assessing the effectiveness and competitiveness of Regal Rexnord’s total reward programs while anticipating and
navigating the ever changing compliance landscape. The VP serves as a key partner to the CHRO, CEO along with the Human Resources Leadership Team (HRLT) and the Executive Leadership Team (ELT). S/he will partner with this cross-functional team to enable Regal Rexnord to acquire, develop and retain a high quality, diverse workforce.
The VP, Total Rewards will lead and develop an internal team and supplement resource needs with outside vendors and resources. The role will lead 3 direct reports: Sr Manager of Compensation, Manager of Health & Welfare Benefits and Manager of Retirement & Pension Plans. S/he must be forward thinking and have the ability to expeditiously execute global projects and programs.
The successful candidate must be able to generate win-win outcomes by building partnerships across the enterprise while aligning expectations and integrating various points of view.
Compensation
Evolve the existing Global Job Architecture and Salary Structure framework to enable a simplified approach to aligning jobs, grading and market pricing within various regions.
Lead the process for acquiring annual market data and conducting detailed, competitive research, analysis and modeling to ensure internal equity and external competitiveness of Regal’s compensation programs, including annual increase budgets, competitive assessments of trends and metrics, and financial impact modeling of incentive design scenarios.
Oversee the annual merit award cycle, including HRIS system integration and support the development, implementation and ongoing maintenance of compensation tools and systems that allow managers, associates and HR leaders to manage compensation decisions.
Serve as the subject matter expert on compensation related matters and oversee the review of Vice President salary offers and adjustments.
Ensure compliance with employment-related statutory and/or regulatory requirements regarding employee pay and employment while remaining current on compensation related legislations.
Partner with the CHRO in creating and preparing Board and Compensation Committee materials. Partner with the CHRO, CEO, CFO and GC on strategic plans for Named Executive Officers (NEOs) and Executive compensation. Key contributor to the Compensation Discussion & Analysis (CD&A) of the Proxy.
Compensation
$237,000 - $350,000
The salary range provided is intended to display the value of the company's base pay compensation for all statewide locations across the United States. Salary is dependent on a multitude of factors, including but not limited to the physical worksite location, candidate's skill set, level of experience, education and internal peer compensation comparisons.
Regal Rexnord is a publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications.
The Company’s automation offering, comprised of controls, actuators, drives, and precision motors, controls motion in applications ranging from factory automation to precision control in surgical tools.
The Company’s end markets benefit from meaningful secular demand tailwinds, and include factory automation, food & beverage, aerospace, medical, data center, warehouse, alternative energy, residential and commercial buildings, general industrial, construction, metals and mining, and agriculture.
Regal Rexnord is comprised of three operating segments: Industrial Powertrain Solutions, Power Efficiency Solutions, and Automation & Motion Control. Regal Rexnord has offices and manufacturing, sales and service facilities worldwide. For more information, including a copy of our Sustainability Report, visit RegalRexnord.com.
Equal Employment Opportunity Statement
Regal Rexnord is an Equal Opportunity and Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex/gender, sexual orientation, gender identity, pregnancy, age, ancestry, national origin, genetic information, marital status, citizenship status (unless required by the applicable law or government contract), disability or protected veteran status or any other status or characteristic protected by law.
Regal Rexnord is committed to a diverse and inclusive workforce. We are committed to building a team that represents diverse and inclusive backgrounds, perspectives, and skills. If you’d like to view a copy of the company’s affirmative action plan for protected veterans/individuals with disabilities or policy statement, please email Recruiting@RegalRexnord.com. If you have a disability and you believe you need a reasonable accommodation in order to search for a job opening or to submit an online application, please e-mail
Recruiting@RegalRexnord.com.
Equal Employment Opportunity Posters
Notification to Agencies : Please note that Regal Rexnord Corporation and its affiliates and subsidiaries ("Regal Rexnord") do not accept unsolicited resumes or calls from third-party recruiters or employment agencies. In the absence of a signed Master Service Agreement or similar contract and approval from HR to submit resumes for a specific requisition, Regal Rexnord will not consider or approve payment to any third-parties for hires made.
LAYIQ is an independent job-discovery service. This listing does not imply a partnership with or endorsement by the employer. Review the original posting for current details and availability.
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