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Responsibilities:
Manage and consult on sales incentive plan design and governance for assigned clients, adhering to best practices and appropriately balancing risk
Design, develop and document incentive plan programs, ensuring alignment to business intent, program clarity for participants, and details to support award delivery
Work with internal partners and stakeholders (e.g. Compensation, Human Resources, Risk Management, Business Clients, etc.) on a regular basis, providing expert compensation guidance and recommendations; consult and partner with sales plan administration team
Evaluate effectiveness and competitiveness of existing incentive plans and model potential impact of alternatives
Draft plans, educational materials, and communications to provide associates, managers, and HR partners with timely and accurate incentive plan information
Audit and analyze internal compensation practices and policies in relation to relevant regulations. Develop recommendations for corrective actions, as needed. Provide compliance consultation to HR and business clients
Partner to develop and establish incentive governance standards, processes, and training to ensure well governed programs and oversight
Lead strategic compensation projects, key initiatives or processes horizontally across client groups, as assigned
Exhibit thoughtful leadership within the team and compensation community
Basic Qualifications:
Bachelor’s Degree or military experience
At least 5 years of experience in Compensation or at least 5 years of experience in sales plan design
At least 5 years of experience in client management or consulting
At least 3 years of experience with Excel and developing data-based stories in Powerpoint or Slides
Preferred Qualifications:
Master’s Degree in Accounting, Statistics, Business Administration, Economics, Finance, or Human Resources
Certified Compensation Professional (CCP)
7+ years of experience in Compensation or 7+ years of experience in Finance or 7+ years of experience in Analytics, or a combination
5+ years of experience in client facing or consulting roles
5+ years of experience building compensation models and conducting pay analysis
2+ years of experience in the design, development and documentation of sales incentive plans
1+ year of experience with Workday
Advanced excel skills (e.g., VBA, macros, array functions)
Knowledge of human resources and compensation including knowledge of relevant Federal, State, Local laws/regulations relating to compensation
Experience with benchmarking tools (MarketPay) or reporting tools (Tableau, Business Objects)
. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
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