Vice President, Total Rewards

Posted 4 Days Ago
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Northbrook, IL, USA
In-Office
249K-373K Annually
Expert/Leader
Other • Biotech
The Role
Leads IDEX’s global total rewards strategy spanning compensation, incentives, equity, executive rewards, benefits, recognition, and global mobility. Advises executives and the Board Compensation Committee, ensures regulatory compliance and financial discipline, supports M&A due diligence and integration, manages vendors and rewards systems, and develops a high-performing global team. The role requires enterprise-wide transformation leadership, advanced modeling, strong HRIS expertise, and extensive global compensation and benefits experience.
Summary Generated by Built In

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:
o Designing rewards strategies that balance global consistency with local market, regulatory, and cultural requirements across diverse geographies
o Broad-based compensation (base pay, merit, short-term incentives) and recognition program design and administration
o Executive compensation – base, short term and long term, equity programs, perquisites, wealth accumulation programs, and global mobility design and administration
o Unique incentive (e.g., sales) design and administration
o Benefit design across multiple geographies, balancing a consistent global philosophy with local market, regulatory, and cultural requirements.
o M&A due diligence and integration
o Employment and benefits regulations, including ERISA and applicable global laws.
o 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

Are you ready to join a different kind of company where our people, our culture, and our commitments are centered around providing trusted solutions that improve lives around the world?

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 [email protected] 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.

Skills Required

  • Bachelor’s degree in Human Resources, Business Administration, Finance, or a related field
  • Minimum 15 years of progressive experience in Total Rewards, including compensation and benefits
  • At least 10 years in a senior leadership role
  • Experience preferably in a global, public company
  • Deep expertise designing globally consistent and locally compliant rewards strategies
  • Expertise in broad-based compensation, merit, short-term incentives, and recognition programs
  • Expertise in executive compensation, equity programs, perquisites, wealth accumulation, and global mobility
  • Experience designing and administering unique incentives, including sales incentives
  • Experience designing benefits across multiple geographies
  • M&A due diligence and integration experience
  • Knowledge of ERISA and applicable global employment and benefits regulations
  • Vendor management experience
  • Experience partnering with Boards and Compensation Committees on governance and incentive design
  • Experience with HRIS and compensation tools
  • Master’s degree in Human Resources, Business Administration, or a related field
  • CCP or CEBS professional certification
  • Workday HCM experience
  • AI experience

IDEX Corporation Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about IDEX Corporation and has not been reviewed or approved by IDEX Corporation.

  • Retirement Support Employer savings design combines a 401(k) match with an additional company-funded defined contribution based on age and service. Automatic enrollment and contribution escalation further reinforce long‑term savings participation.
  • Healthcare Strength Medical, dental, and vision coverage offer multiple plan tiers with day‑one eligibility and national/regional carrier options. Wellness incentives, HSAs/FSAs, and an EAP extend the health and wellbeing offering.
  • Strong & Reliable Incentives Performance‑linked bonuses are a recurring component of pay, with instances of outcomes above target. A stated pay‑for‑performance approach supports the role of incentives in total compensation.

IDEX Corporation Insights

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The Company
HQ: Northbrook, IL
2,112 Employees

What We Do

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.

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