Global Equity & Executive Rewards Specialist - The Toro Company
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 position has significant responsibility for equity administration and also supports executive compensation, deferred compensation, relocation, and other assigned rewards programs. It partners with Total Rewards colleagues and cross-functional teams to ensure programs are administered accurately and effectively. The role administers global equity programs, including stock options, restricted stock units, and performance-based awards, and supports recurring activities throughout the award lifecycle. It also supports executive compensation analysis and annual processes, deferred compensation administration, relocation and mobility programs, incentive-plan activities, and other Total Rewards initiatives. The position is based at the company’s Bloomington, Minnesota headquarters and is currently implementing a hybrid work schedule, with time in the office and from home. Occasional travel may include conferences or visits to company sites.
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, including 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, 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 deferred compensation administration, including participant data, elections, distributions, communications, reporting, reconciliations, and vendor coordination.
- Support relocation and mobility administration, 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
- Competitive salary.
- Medical, dental, and vision plan.
- 401(k).
- Onsite café serving breakfast and lunch, with an attached Caribou Coffee.
- Complimentary use of the onsite fitness facility for employees at the Bloomington headquarters.
- 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 Friday after working more during the first few days of the week.
- Hybrid work arrangements.
- Access to pay early through the DailyPay app.
- Casual corporate environment with a dress-for-your-day approach.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
