1. Preheat oven to 350º. Bake pecans in a single layer in a shallow pan 8 to 10 minutes or until toasted and fragrant.
2. Line a 15- x 10-inch jelly-roll pan with wax paper. Lightly grease wax paper.
3. Microwave candy coating, sweetened condensed milk, and salt in a 2-qt. microwave-safe bowl at HIGH 3 to 5 minutes, stirring at 1-minute intervals. Stir until smooth. Stir in vanilla and pecans. Spread in an even layer in prepared pan. Cover and chill 2 hours or until set.
4. Turn candy out onto cutting board, and cut into squares. Store, covered, at room temperature.