Paychex

Business Development Manager - Broker Channel

Paychex$75K — $150K *
Business Services
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree - Preferred
  • Broker Experience
  • Experience in the HCM Industry
  • Sales experience of payroll or employee benefits products

Responsibilities

  • Assist with content creation and program requirements to support sales strategy
  • Analyze KPIs to measure performance and identify improvement areas
  • Ensure compliance with corporate practices by monitoring sales activities
  • Develop strategies with cross-functional teams to enhance channel sales
  • Execute communication strategies for effective program delivery to Field Sales organizations
  • Coordinate teams to implement divisional sales initiatives and strategies
  • Consult with Senior Leadership to drive performance improvements through refined processes
  • Provide strategic guidance based on sales methodologies and competitive insights

Benefits

  • Comprehensive rewards including medical coverage and virtual wellness classes
  • Paid time off, company holidays, and work-life balance programs
  • Award-winning training and development programs
  • Focus on diversity and inclusion in company culture
  • Paid time off for volunteer efforts and community initiatives
Full Job Description
Overview

Identifies sales opportunities, completes the sales process, and develops key relationships for Broker Channel team.

Responsibilities

  • In partnership with Training, Sales Strategy, and multiple Sales divisions assist with content creation, program requirements, documenting processes, standard and non-standard agreement terms, sales training updates and policy adjustments as needed.
  • Analyze KPIs on all key sales execution initiatives and strategies to measure progress to performance against defined success criteria and diagnose areas of opportunity.
  • Coordinates and monitors sales activities to ensure standardization and compliance with Corporate and divisional practices. Identifies opportunities for continuous improvement in sales processes & procedures
  • Developing and working with Sales, Marketing, Service/Ops, Finance and Compliance to implement strategies to effectively grow channel sales results.
  • Assists in the execution of communication strategies to deliver program information, sales results, expectations, promotions/campaigns, and policies and procedures to the Field Sales organization(s) to ensure effective execution of the programs.
  • Coordinates a collaborative functional matrix team of internal sales support and internal corporate partners to execute on Divisional key sales initiatives and strategies.
  • Consults and assists Senior Leadership on the implementation of measures to drive performance through improved sales processes, reinforcement methods and compensation enhancements.
  • Provide guidance and recommendations for strategy planning through assessment of sales methodologies, internal/external data-driven insights and competitive intelligence and positioning.
  • Optimize sales coverage and distribution through sales territory assessment, distribution and growth forecasting.
  • Consults and assists with Senior Leadership on recommended policy improvements, procedures and best practices aligned to the Paychex values and future state vision
  • Collaborates with internal partners to build business cases for recommended changes from Senior Leadership
  • Collaborates with Sales Enablement to explore operational excellence tools to optimize business process performance.

Qualifications

  • Bachelor's Degree - Preferred
  • Broker Experience.
  • HCM Industry.
  • Sales of payroll or employee benefits products.


Compensation

In the spirit of pay transparency, we are excited to share that the compensation range for this position is typically between $75,000 - $150,000. This range includes base pay plus commissions but does not consider other components that make up the total rewards package for the position. If you are hired at Paychex, your overall compensation will be determined based on factors such as geographic location, skills, education, and/or experience which may result in total compensation outside of this range.

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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