Vice President, Total Rewards

IDEX; Chicago (IL); On-site; USD 249,000 - 373,000; Full time

Benefits offered by this job

Health benefits

401(k) retirement savings with company

PTO

Job summary

IDEX is seeking a VP, Total Rewards to design and lead a comprehensive, globally compliant strategy for compensation, benefits, equity, and recognition. You will collaborate with HR, Finance, and Board committees to align rewards with business goals and regulatory requirements.

The role requires 15+ years in Total Rewards with 10+ years in senior leadership, preferably in a global public company. Strong vendor management and expertise in Workday HCM are essential.

Qualifications

• Bachelor's degree required; Master's preferred; CCP/CEBS certifications a plus.
• 15+ years in Total Rewards with 10+ years in a senior leadership role, preferably in a global, public company.

Responsibilities

• Develop and execute a comprehensive globally compliant Total Rewards strategy (base pay, incentives, equity, benefits, recognition).
• Partner with Global Talent to motivate performance, enable mobility, and reinforce EVP.
• Define and evolve global benefits strategy balancing local regulatory requirements and costs.
• Define and implement an executive reward system with the Compensation Committee and Finance/Legal stakeholders.
• Lead acquisition due diligence and integration efforts related to rewards programs.
• Develop and lead supplier/vendor relationships and oversee HRIS and compensation tools.

Skills

Total Rewards leadership

Executive compensation design

HR strategy

Global mobility

HRIS experience

Education

Bachelor's degree in HR/Business/Finance

Master's degree in HR/Business or related field

Tools

Workday HCM

Job description

If you're looking for a special place to build or grow your career, you've found it. Whether you're an experienced professional, a recent college graduate or somewhere in between, IDEX is a place where you can apply your existing skills and learn new ones in an environment where you can make an impact. With interesting opportunities in engineering, marketing, sales, supply chain, operations, HR, finance, and more across more than 40 diverse businesses around the globe, chances are, we have something special for you.

VICE PRESIDENT, TOTAL REWARDS The VP, Total Rewards will serve as the strategic thought leader and change agent responsible for designing, executing, and operationalizing a comprehensive global total rewards strategy that advances IDEX's business objectives, strengthens organizational capability, and reinforces a high-performance culture. Reporting to the Senior Vice President, General Counsel, Chief Administrative Officer, and Secretary, this leader serves as a trusted advisor to HR and Finance, the CEO and the executive leadership team, and Board of Directors. This leader will balance analytical rigor, financial discipline, innovation, and regulatory compliance requirements to design total rewards strategies that attract, motivate, and retain top talent. Additionally, this leader will serve as the architect behind the company's benefits programs to support our workforce and reinforce our commitment to employee wellbeing.

Primary Duties & Responsibilities:

• Develop and execute a comprehensive globally compliant and market-competitive Total Rewards strategy (base pay, variable incentives, equity programs, benefits, and recognition) aligned with business objectives and long-term value creation
• Partner closely with Global Talent to motivate high performance, enable internal mobility, and reinforce the employee value proposition.
• Define and evolve IDEX's global benefits strategy, balancing local market relevance, regulatory requirements, and enterprise cost discipline while meeting evolving employee expectations
• Define and implement a comprehensive executive reward system in collaboration and communication with the Compensation Committee, Executive Management and key stakeholders in Finance and Legal
• Serve as a trusted advisor to the Compensation Committee, executive leadership team, business unit leaders, HR, and Finance. Delivers expert guidance; Models scenarios to maximize investments and ensure market competitiveness/ financial sustainability
• Lead acquisition due diligence and integration efforts, collaborating closely with other functional leaders, HR colleagues and advisors
• Develop and lead vendor relationships, with an eye toward efficiency, enhanced offerings, and issue resolution; Oversee administration, data and systems
• Lead and develop a high-performing global Total Rewards team, fostering a culture of accountability, innovation, and inclusion

Education & Ideal Experience:

• Bachelor's degree in Human Resources, Business Administration, Finance, or related field required. Master's degree in Human Resources, Business Administration, or related field; Professional certifications such as CCP (Certified Compensation Professional) or CEBS (Certified Employee Benefit Specialist) a plus.
• A proven track record with a minimum of 15 years of progressive experience in Total Rewards (both compensation and benefits), with 10+ years in a senior leadership role, preferably in a global, public company

Technical/Functional Expertise

• Deep expertise in: Designing rewards strategies that balance global consistency with local market, regulatory, and cultural requirements across diverse geographies
• Broad-based compensation (base pay, merit, short-term incentives) and recognition program design and administration
• Executive compensation – base, short term and long term, equity programs, perquisites, wealth accumulation programs, and global mobility design and administration
• Unique incentive (e.g., sales) design and administration
• Benefit design across multiple geographies, balancing a consistent global philosophy with local market, regulatory and cultural requirements.
• M&A due diligence and integration
• Employment and benefits regulations, including ERISA and applicable global laws.
• Vendor management- balancing innovation, financial discipline, regulatory compliance, and employee experience
• Proven ability to partner with Board and Compensation Committee on strategy, governance, and incentive design (preparing materials and presenting recommendations)
• Experience with HRIS and compensation tools; Workday HCM and AI experience preferred

Critical Leadership Skills:

• Business leadership: Understands business issues and the related people implications to design and deliver total rewards solutions that move the business forward
• Decisive change agent: Brings the conviction, clarity, and momentum to challenge legacy structures, simplify complexity, and drive enterprise-wide rewards transformation to enable the organization’s growth goals while appropriately managing risk. Proactively monitors market trends to bring a comprehensive outside-in point of view
• Trusted enterprise advisor and internal partner: Builds and sustains trusted relationships across the enterprise and with vendor partners that strengthen credibility, alignment, and overall corporate performance
• Strong results orientation: Sets the example for disciplined execution, aligning internal teams and external partners to drive quality outcomes in a highly matrixed global environment and ensure governance
• Analytically rigorous with strong judgment: Promotes a culture of data-driven decision-making across the organization. Brings analytical skills with proficiency in HRIS systems, compensation tools, and advanced modeling
• Strong executive presence, communication, and influencing skills: Communicates with clarity and confidence, distilling complexity into crisp, actionable insights and engaging senior leaders and the Board with maturity and credibility. Strong interpersonal skills and influencing capability to align business leaders around shared outcomes and standards, while allowing for creative approaches to support unique business goals
• Foundation builder and problem-solver: Energized by rolling up sleeves to assess, fix, and build core rewards infrastructure. Brings a bias for action and the operational discipline to establish foundational programs, processes, and governance where gaps exist, while maintaining the strategic perspective to sequence and prioritize for long-term impact

Total Rewards The compensation range for this position is $248,600.00 - $372,800.00, depending on experience. This position may be eligible for performance based bonus plan.

Benefits Package Our comprehensive U.S. benefit offerings include: Health benefits, 401(k) retirement savings program with company match, PTO, and more. More information on our benefits and rewards can be found on our career page: https://www.idexcorp.com/careers/our-benefits-and-rewards/

IDEX is an Equal Opportunity Employer. IDEX gives consideration for employment to qualified applicants without regard to race, color, religion, creed, genetic information, sex, sexual orientation, gender identity or expression, marital status, age, national origin, disability, protected veteran status, or any other consideration or protected category made unlawful by federal, state or local laws.

Attention Applicants: If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process, please let us know. Likewise, if you are limited in the ability to access or use this online application process and need an alternative method for applying, we will determine an alternate way for you to apply. Please contact our Talent Acquisition Team at [e-mail] for assistance with an accommodation. These contact tools may be used only by individuals with a disability for accommodation requests. Do not inquire as to the status of an application. This posting is for an existing vacancy.

Artificial intelligence is not used to screen, assess or select applicants.

IDEX (NYSE: IEX) is a company that has undoubtedly touched your life in some way. In fact, IDEX businesses make thousands of products that are mission-critical components in everyday activities. Chances are the car you're driving has a BAND-IT clamp holding your side airbag safely in place. If you were ever in a car accident, a Hurst Jaws of Life rescue tool may have saved your life. If you or a family member is battling cancer, your doctor may have tested your DNA in a quest to find the best targeted medicine for you. It's likely your DNA test was run on equipment that contains components made by our growing IDEX Health & Science team.