ROLE FUNCTION AND PURPOSE The Compensation Analyst works closely with the business leaders and the Director, Sales Compensation to administer sales variable compensation calculations, modeling and ROI analysis, strategic partnership management, reporting deliverables including preparing management reports, presentations, and documenting business process. This is an exciting and the critical role in the organization as this team manages the variable compensation for 400+ HC which involves various levels of corporate strategies with the power of real time compensation analytics, business intelligence tools and the inhouse platforms.
The need to comprehend business concepts and ensure these concepts are delivered as meaningful analytics.
The analyst facilitates design and concept gathering and assist in the creation of new reports or analytics. In addition, the analyst should be experienced with problem-solving and conflict resolution to help identify, communicate, and resolve issues.
KEY DUTIES AND RESPONSIBILITIES The primary responsibility of this position is to support the regional sales leaders, chief data and analytics officer, the directors of sales compensation and business intelligence in the areas of global sales variable compensation calculations like sales commissions, bonuses, and incentives, create plans that pays for performance, financial business analysis and sales performance analysis with a view to deliver enhanced business performance. Responsible to build pay for performance sales commission and incentive plans for various roles from inside sales team to senior sales management team which enhances the decision-making abilities for the Senior Management and Executives.
Engage with the business leaders on the sales ROI and promote new incentives to motivate the sales team to support organization growth. Sales Variable Compensation: Review and validate monthly sales commissions for various roles across the different geos we operate in. Management & Leadership Variable Compensation: Calculate monthly/quarterly incentives sales leadership roles.
Sales Incentive Programs: administer and track individual performance under sales incentive programs. Compensation Modeling: create competitive and pay for performance-based compensation plans to drive management goals. Compensation Reporting: reporting on the effectiveness of sales programs.
Measuring sales performance against an established set of KPIs. Responding to inquiries regarding compensation payout, partnership management, policies, and procedures. To Identify and recommend improvements to current processes, with a focus on increased efficiencies and enhanced value-added analytics.
Introduce new analysis, reporting formats, etc., which provide insights to different areas of the business. Prepare modeling to assess ROI & also conduct due diligence for partnership evaluation. Support a variety of special compensation projects to improve internal business processes.
Assist in implementing solutions for variable compensation reporting and modeling Key Skills Microsoft Office- Excel, Word, and PowerPoint Compensation modeling and administration knowledge/experience Financial analysis, reconciliations, and profitability analysis. Business Intelligence tools (Tableau) Project Management Basic Microsoft SQL & VBA/Macros (Not a key requirement) Basic Knowledge on CRM (Salesforce)
Abilities And Attributes Proven ability to conduct and/or support multiple projects with minimal oversight; Strong interviewing and listening skills to elicit detailed requirements; Proven analytical skills in defining business needs into product requirements; Demonstrable excellent written and verbal communication skills with business and technical stakeholders as well as internal and external users; Strong attention to detail and accuracy; Ability to work independently and to prioritize work with a focus on deadlines and deliverables; Proven record as a strong team player in a fast-paced, deadline driven, diverse environment; and Exceptional interpersonal skills Apply
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