VP of Global Total Rewards page is loaded VP of Global Total Rewards Apply locations Rosemont Illinois Milwaukee Wisconsin Milwaukee Pmc Hq Wisconsin time type Full time posted on Posted 4 Days Ago job requisition id R23_02352
Regal Rexnord Corporation (“Regal Rexnord”) is a leading manufacturer of electric motors, electrical motion controls, power generation and mechanical power transmission products and sub-systems, serving customers around the world in the general industrial, consumer, commercial construction, food & beverage, and alternative energy end markets, among others. Regal Rexnord sells its products and solutions to OEMs, through distributors, and directly to end-users. With the announcement of the acquisition of Altra Industrial Motion, a ~$2B global business with 9,000 associates, focused on Power Transmission and Factory Automation products, Regal Rexnord will become a $7.3B company with 36,000 associates globally.
You may not know it, but Regal Rexnord impacts your life every day. The company’s products enable the fans in HVAC systems that keep us comfortable; the power source that keeps smart buildings running; the agricultural and food service equipment that keeps us fed; and the conveyer systems that keep e-commerce flowing, to name a few of the applications where our products are used.
Regal Rexnord’s business purpose is to create a better tomorrow by energy-efficiently converting power into motion. This means creating innovative solutions while focusing on both customer needs and the company’s commitment to sustainability. The company’s industrial powertrain and automation solutions offerings are an important part of the company’s growth strategy. The company’s strategy includes leveraging 80/20 to prioritize all activities, including product excellence, operational excellence and commercial excellence (i) driving organic sales growth through the introduction of innovative new products, with a particular focus on improving energy efficiency, (ii) establishing and maintaining new customers, as well as developing new opportunities with existing customers, (iii) participating in higher growth end markets and geographies, and (iv) identifying and consummating strategic, value creating acquisitions.
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, Global 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, Global 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.
Key Responsibilities
Compensation:
Benefits:
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
The successful candidate will have proven experience in developing collaborative relationships across all levels of the organization. This leader must have the passion, energy and intellectual curiosity necessary for a fast-paced, growth-driven environment.
Key Characteristics:
Minimum Requirements:
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, age, ancestry, national origin, 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.
About Us
At Regal Rexnord, our business purpose is to create a better tomorrow by energy-efficiently converting power into motion. As a leading producer of motors and related components, our essential products help keep systems running in mission-critical applications worldwide — indoor air quality products used in hospitals, homes, and senior living facilities; industrial products that support food and beverage, and pharmaceutical production; and conveying equipment and components that help warehouses function.
What To Expect From Us
Integrity
A zero tolerance policy on unethical behavior. We value integrity most. We are honest, transparent, and trustworthy in all situations.
Responsibility
We have a responsibility to safety, sustainability, and our community.
Diversity, Engagement & Inclusion
We strongly believe that the more diverse minds focused on our purpose, the better the outcomes will be. We create an environment where all of associates can bring their best to Regal, develop and grow professionally, and work as one team to drive success for our customers, associates, and shareholders.
Customer Success
Our customer is our main priority. We must understand their needs and develop products, solutions and services that solve their challenges.
Innovation with Purpose
Through innovation we develop products and solutions that solve our customer’s problems. We innovate to develop products that are valued by our customer and bring profitable growth for Regal.
Continuous Improvement
Our responsibility is to make tomorrow better than today. This means a focus on making the work easier, more productive, and more efficient.
Performance
We have a responsibility to all three of our primary stakeholders (customers, associates and shareholders) to drive profitable revenue growth.
Passion to Win
Passion is the fuel that inspires and drives our associates to achieve top performance. It helps us to overcome any obstacles in achieving our goals.
….with a Sense of Urgency
Everything we do at Regal, we do with a sense of urgency.
Introduce Yourself
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