Global Equity & Executive Rewards Specialist - The Toro Company

The Toro Company • Bloomington, MN

6d • Hybrid

About The Position

The Global Equity & Executive Rewards Specialist supports the administration, analysis, and continuous improvement of The Toro Company’s global equity and other Total Rewards programs. The role has significant responsibility for equity administration and also supports executive compensation, deferred compensation, relocation, and other assigned rewards programs. The position partners with Total Rewards colleagues and cross-functional teams to ensure programs are administered accurately and effectively.

Responsibilities include administering global equity programs such as stock options, restricted stock units, and performance-based awards; supporting award lifecycle activities; maintaining accurate records; and supporting reconciliations, controls, reporting, compliance, and participant communications. The role also supports executive compensation analysis and recurring annual processes, executive compensation disclosures, the annual proxy, Compensation Committee materials, deferred compensation programs, relocation and mobility programs, and selected Total Rewards initiatives and process improvements.

The position is based at The Toro Company’s Bloomington, Minnesota headquarters and the team is implementing a hybrid work schedule. Travel may include occasional trips to conferences or company sites. The estimated annual pay range is $105,000–$135,000.

Requirements

• Bachelor’s degree in human resources, Business Administration, Finance, or a related field.
• Typically 4–6 years of progressive experience in Total Rewards, compensation, equity administration, finance, or a related discipline, with experience supporting equity and/or executive compensation programs.
• Working knowledge of equity compensation and stock-plan administration.
• Strong analytical skills and ability to work with complex compensation and financial data.
• Strong attention to detail, judgment, and discretion when working with confidential executive and employee information.
• Ability to independently manage defined recurring processes while recognizing when escalation or additional guidance is appropriate.
• Strong project management, communication, and cross-functional collaboration skills.

Nice To Haves

• Certification in equity administration, such as CEP.
• Exposure to executive compensation, incentive compensation, executive benchmarking, or related Total Rewards programs.
• Experience working with Finance, Legal, Payroll, HRIS, and/or external vendors.
• CEP, CCP, or progress toward a relevant Total Rewards certification.

Responsibilities

• Administer global equity programs, including stock options, restricted stock units, and performance-based awards.
• Support recurring equity activities across the award lifecycle, including grants, vesting, releases, terminations, reporting, and participant communications.
• Maintain accurate equity records and support reconciliations, controls, reporting, and compliance activities.
• Partner with internal stakeholders and the external equity administrator to research and resolve issues and support effective program delivery.
• Support executive compensation activities, including data collection, analysis, market benchmarking, executive compensation surveys, and recurring annual processes.
• Prepare analyses and supporting materials related to executive base pay, annual incentives, long-term incentives, and other reward programs.
• Support preparation and validation of information used in executive compensation disclosures, the annual proxy, and Compensation Committee materials.
• Assist with executive compensation research, modeling, and special analyses, with guidance on more complex matters.
• Develop knowledge of executive compensation practices, governance, and market trends.
• Support administration of deferred compensation programs, including participant data, elections, distributions, communications, reporting, reconciliations, and vendor coordination.
• Support administration of relocation and mobility programs, including employee cases, vendor coordination, policy application, reporting, and communications.
• Support selected Total Rewards programs and projects, including incentive-plan activities, program analysis, communications, data validation, and process improvements.
• Partner across Compensation, Benefits, Payroll, Finance, Legal, HRIS, and other functions on Total Rewards initiatives.

Benefits

• Affordable medical, dental, and vision plans.
• 401(k).
• Onsite café serving breakfast and lunch.
• Onsite Caribou Coffee.
• Complimentary use of the onsite fitness facility.
• Mental health and financial health resources.
• 20 hours of paid time to volunteer in the community.
• Flexible summer schedule, with eligible Bloomington headquarters employees able to leave by noon on Fridays.
• Hybrid work arrangements with time in the office and from home.
• Early access to pay through the DailyPay app.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level