Compensation Manager

ManagerManagerFull TimeRemoteTeam 1-10Since 2011H1B No SponsorCompany Site LinkedIn

Location

United States

Posted

117 days ago

Salary

$70K - $90K / year

Bachelor Degree3 yrs expEnglish

Job Description

• Develop and maintain competitive compensation plans that align with company goals, sales strategies, and market trends. • Conduct thorough job analysis and evaluation to ensure equitable and consistent compensation practices. • Model potential plan changes and analyze their financial impact. • Clearly document and communicate compensation plans to the sales team and relevant stakeholders. • Ensure compliance with all applicable laws and regulations related to compensation. • Analyze sales performance data to identify trends, areas for improvement, and potential compensation adjustments. • Track key performance indicators (KPI's) related to compensation plans and make data-driven recommendations for optimization. • Partner closely with Sales leadership, HR, and Finance to ensure alignment on compensation strategies and objectives. • Effectively communicate compensation plans and updates to the sales team, addressing questions and concerns. • Streamline and automate compensation processes to improve efficiency and accuracy.

Job Requirements

Bachelor's degree in Business Administration, Finance, Human Resources, or a related field.
3+ years of experience in sales compensation design and administration, preferably in manufacturing or construction industry.
Experience with various compensation plan structures (e.g., quota-based, commission-only, hybrid).
Strong analytical and problem-solving skills.
Proficiency in data analysis and reporting tools (e.g., Excel, compensation software, etc.).
Excellent communication and interpersonal skills.
Knowledge of sales compensation best practices and regulations.
Familiarity with CRM systems (e.g., Salesforce) is a plus.

Benefits

Competitive pay - Plus incentive opportunities!
Full benefits package that starts day one - Includes medical, dental, vision, 401K with match, company-paid life insurance and disability coverage.
PTO and Paid Holidays
Training and mentoring - Learn from our experts in the industry
Advancement opportunities