Description
Key Responsibilities
- Assist in evolving and leading Regal Rexnord’s Regional compensation (short term and long term) strategy, processes and programs.
- Collaborate and partner with HR colleagues to understand their challenges related to compensation programs; and key issues in attracting, motivating and retaining high quality, diverse talent.
- Demonstrate continuous improvement and deliver results aligned with enterprise and HR strategy, including policy deployment initiatives.
- Serves as subject-matter expert on Regional compensation related projects and provides support to HR colleagues on compensation philosophy, policies, programs and processes.
- Drives the analysis of salary survey data, evaluates market trends, and makes recommendations regarding organizational salary adjustments, merit budgets, structure adjustments (including geographic structures).
- Provide support on Regal Rexnord’s annual Regional compensation reviews, including merit, bonus and equity planning within Workday, in partnership with HR team members.
- Partner with HR colleagues and internal clients to understand business needs, job requirements and organizational design to evaluate jobs.
- Conducts job evaluations and analysis Regionally to determine appropriate benchmarks and determining competitive positioning.
- Manage equity program which includes annual award, vesting’s, dividend reporting and assisting in Form 4 filings.
- Ensure on-going audits for internal compliance, governance, ensuring adherence to country, local and federal statutes and laws.
- Identify and recommend improvements and efficiencies around Regional compensation processes and programs.
- Ensure compensation programs and job classifications comply with applicable wage and hour laws.
- Provide effective problem solving and communication with all internal and external customers to ensure requests are handled efficiently.
- Supports executive compensation projects as needed.
PROFESSIONAL EXPERIENCE/QUALIFICATIONS
Requirements:
- Bachelor’s degree required in Finance, Business Administration, Human Resources or equivalent experience.
- 5 years of Regional Compensation experience; preferably within an industrial manufacturing environment.
- Experience with Workday, Compensation Policies, Map Valuations, Mercer (Regional Consulting Firm) and Fidelity highly preferred – No Pay Roll
- Very strong analytical and problem-solving skills (Pivot tables, x-lookup, formulas, graphing, and analytics).
- Demonstrated track record for holding vendors to the highest performance standards.
- Excellent interpersonal and influencing skills to establish trust, credibility and rapport at all levels of the organization; seen as humble, direct, and authentic while possessing executive presence.
- Proven ability to be hands on, roll up sleeves and demonstrate resourcefulness, initiative, results-orientation. Has a mindset of continuous improvement and can embrace Regal’s 80/20 principles.
- Familiarity with compensation frameworks, salary benchmarking tools (e.g., Mercer, Aon), and job evaluation methods.
- Demonstrated ability to develop strong partnerships.
- Ability to travel up to 25% domestically.
About Regal Rexnord
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.
