Paychex

Business Development Account Executive - Partnerships

Paychex$80K — $95K *
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree in Business or Marketing preferred
  • 5 years of experience in BDR, Sales, or Customer Service, with at least 1+ years in Sales or Business Development in SaaS or technology
  • 2 years of experience in Contract Negotiation
  • Strong communication skills required
  • Ability to manage business development tasks required

Responsibilities

  • Identify and secure new partnerships through a structured prospecting plan
  • Manage complex contract negotiations with legal counsel involvement when necessary
  • Collaborate with business partners to implement effective strategies for targeting partnerships
  • Gain a thorough understanding of market dynamics including products, services, and competitors
  • Maintain knowledge of HCM solutions and industry trends for strategic positioning
  • Drive partnership leads through marketing initiatives such as webinars and LinkedIn campaigns
  • Track partnership activities in CRM and PRM tools, managing pipeline to ensure goal attainment

Benefits

  • Comprehensive rewards including medical coverage, virtual wellness classes, and tuition reimbursement
  • Paid time off, company holidays, and work-life balance programs
  • Award-winning training and development opportunities for career growth
  • Diverse company culture valuing employee perspectives and individual voices
  • Paid time off for volunteerism and support for community initiatives
Full Job Description
Overview

This role focuses on identifying and securing new partnerships that satisfy current and future customer/prospect needs. The BDR will report to the Senior Manager of Partner Operations and will play a crucial role in driving Paycor's growth by generating new business opportunities. This position requires building cross-functional partnerships across product, sales, and strategy to uncover new partnership categories and potential partner targets. The ideal candidate will be responsible for creating, managing, and executing the partner strategy, including identifying prospects that address client needs and product gaps. Critical thinking and decision-making are essential skills to successfully execute and manage this strategy. Additionally, the candidate will lead contract negotiations to hit revenue targets and drive mutually beneficial relationships between Paycor and its partners, while serving as the liaison between internal legal resources and external partner legal teams to ensure alignment on contract terms and agreements.

Responsibilities

  • Identify and secure new partnerships that align with customer needs by developing and executing a structured prospecting plan to target partnerships
  • Manages complex contract negotiation and works with legal counsel, as necessary, to minimize the contract phase and get new partners transition from prospects into active partnership as quickly as possible.
  • Develops and collaborates with business partners to implement strategies that effectively penetrate target partnerships, while maintaining ongoing communication with internal stakeholders to provide updates on roadmap progress, initiative status, and impact.
  • Gains a solid understanding of the Company's market (product, service, competitors, marketplace, trends) to provide consistent information on the channel and partnerships.
  • Maintain deep knowledge of Paycor's HCM solutions, existing partnership ecosystem, competitive landscape, and industry trends to effectively position the partnership program and identify strategic opportunities
  • Drive awareness and generate new partnership leads by executing marketing initiatives such as webinars, LinkedIn campaigns, and targeted content to attract prospects and expand the partner pipeline.
  • Tracks all partnership activities in PRM and CRM tools, manages a healthy pipeline to meet monthly and quarterly goals, and provides timely, accurate reporting on performance, partner growth.

Qualifications

  • Bachelor's Degree in Business or Marketing - Preferred
  • 5 years of experience in BDR, Sales, or customer service experience at least 1+ years in sales or business development, preferably in SaaS or technology.
  • 2 years of experience in Contract negotiation.
  • Assessment - Required
  • Communication - Required
  • Management - Preferred
  • Business Development - Required
  • Consulting - Preferred
  • CRM/PRM - Preferred
  • Marketing - Preferred
  • Contract Negotiation & Legal Liaison - Preferred
  • Adaptability & Self-Management - Required


Live the Paychex Values

  • Act with uncompromising integrity.
  • Provide outstanding service and build trusted relationships.
  • Drive innovation in our products and services and continually improve our processes.
  • Work in partnership and support each other.
  • Be personally accountable and deliver on commitments.
  • Treat each other with respect and dignity.

  • What's in it for you?

    • We value your well-being: We provide over 21 comprehensive rewards, including medical coverage, virtual wellness classes, tuition reimbursement, 401(k) + employer match, adoption assistance, financial assistance, and much more.
    • We value your time: From paid time off to company holidays, culture days, and comprehensive work-life balance programs, we will ensure you have the flexibility you need to be your best.
    • We value your development: Our award-winning training and development programs empower our employees with ongoing learning opportunities to give you the building blocks to grow your career.
    • We value your perspective: Our company culture reflects the diversity of our employees. We want you to be you and your voice to be heard.
    • We value our communities: We offer paid time off for volunteerism and promote many company-wide and local initiatives that benefit organizations you care about.

    • Note: The benefits described apply to full-time employees. Benefits for part-time, contract, and intern roles may vary.

      Not sure if you meet every requirement?

      At Paychex, we know that great talent comes in many forms. If you're passionate about the role but don't check every box, we still encourage you to apply. You might be the right fit - either for this position or another opportunity with us.

    About Paychex

    Paychex, Inc. is a leading provider of integrated human capital management solutions for payroll, benefits, human resources, and insurance services. By combining its innovative software-as-a-service technology and mobility platform with dedicated, personal service, Paychex empowers small- and medium-sized business owners to focus on the growth and management of their business. Paychex is headquartered in Rochester, New York and has more than 100 locations across the United States and Europe.
    Learn more about Paychex
    Size
    15,000 employees
    Market Cap
    $40.1 billion
    Industry
    Net Income
    $1 billion
    Founded
    1971
    5 Year Trend
    +7.9%
    Revenue
    $3.9 billion
    NASDAQ

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