Bausch & Lomb Incorporated

Senior Manager, Incentive Compensation

Bausch & Lomb Incorporated$140K — $165K *
Healthcare
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree required; advanced degree preferred.
  • 5+ years of experience in pharmaceutical, incentive compensation, or sales operations.
  • Ability to influence and collaborate across matrixed organizations without direct authority.
  • Strong business acumen and financial analysis skills.
  • Experience with pharmaceutical sales data is preferred.
  • Familiarity with incentive compensation reporting platforms and tools is a plus.
  • Excellent written, verbal, presentation, and facilitation skills.

Responsibilities

  • Design and manage sales incentive programs, including contests and SPIFFs.
  • Evaluate program effectiveness through performance analysis and fairness testing.
  • Align incentive programs with overall business strategies in collaboration with stakeholders.
  • Manage vendor relationships and ensure accurate incentive processing and reporting.
  • Analyze sales performance to identify opportunities for program enhancements.
  • Develop reporting and insights to support business decision-making.
  • Facilitate discussions and gather feedback from field sales teams on incentive programs.

Benefits

  • Eligible for short-term and long-term incentives.
  • Participate in medical, dental, vision insurance, and life insurance.
  • 401(k) plan with company match.
  • Tuition reimbursement for select degrees.
  • Paid vacation, sick time, and floating holidays.
  • Access to well-being benefits.
Full Job Description
The Senior Manager, Incentive Compensation (IC) will play a critical role in designing, managing, and optimizing sales incentive programs across the US Vision Care and Specialty Vision Products organization. This role partners closely with Sales, Marketing, Finance, HR, Compliance, and Executive Leadership to ensure incentive programs drive business objectives, motivate performance, and support organizational success.

Key Responsibilities:

Incentive Strategy & Program Management
  • Design, implement, and manage sales incentive programs, including contests, SPIFF modeling and implementation, and special incentives.
  • Evaluate incentive plan effectiveness through performance analysis, pay curve assessment, and fairness testing.
  • Partner with cross-functional stakeholders to align incentive programs with business and commercial strategies.
  • Manage vendor relationships, including incentive processing, reporting, validation, and implementation of program changes.
  • Ensure accurate and timely payout validation, attainment reporting, and eligibility management.
  • Stay current on industry trends and recommend enhancements to compensation programs.

Analytics & Insights
  • Analyze incentive results and sales performance to identify opportunities to improve program effectiveness and motivation.
  • Assess the impact of market dynamics, sales trends, and strategic initiatives on incentive outcomes.
  • Develop reporting, insights, and recommendations that support business decision-making.
  • Partner with stakeholders to define sales data requirements, business rules, and reporting needs.
  • Support field teams and leadership by investigating and resolving incentive-related questions.

Communication & Stakeholder Engagement
  • Develop and deliver clear, engaging incentive communications and training materials.
  • Facilitate discussions with field sales teams to gather feedback and continuously improve programs.
  • Present recommendations and compensation insights to senior leaders and key stakeholders.


Qualifications:

Education & Experience
  • Bachelor's degree required; advanced degree preferred.
  • 5+ years of pharmaceutical, incentive compensation, sales operations, or related experience.
  • Proven ability to influence and collaborate across matrixed organizations without direct authority.
  • Strong business acumen, judgment, and financial analysis skills.
  • Experience working with pharmaceutical sales data and incentive compensation programs preferred.
  • Familiarity and exposure to incentive compensation reporting platforms and tools preferred.
  • Excellent written, verbal, presentation, and facilitation skills, with the ability to simplify complex concepts.
  • Advanced proficiency in Microsoft Excel and PowerPoint.
  • Strong analytical and problem-solving capabilities with attention to detail.
  • Demonstrated success managing projects, processes, and cross-functional initiatives.
  • Results-oriented, highly organized, and able to consistently deliver on commitments.
  • Comfortable presenting to audiences ranging from small teams to senior leadership.


This position may be available in the following location(s): US - Bridgewater, NJ

For U.S. locations that require disclosure of compensation, the starting pay for this role is between $140,000.00 and $165,000.00. The estimated salary range reflects an anticipated range for this position. The actual base salary offered may depend on a variety of factors.

U.S. based employees may be eligible for short-term and/or long-term incentives. They may also be eligible to participate in medical, dental, vision insurance, disability and life insurance, a 401(k) plan and company match, a tuition reimbursement program (select degrees), company holidays, and well-being benefits, among others. U.S. based employees are also eligible to receive sick time, floating holidays and paid vacation.

Job Applicants should be aware of job offer scams perpetrated through the use of the Internet and social media platforms.

To learn more please read Bausch + Lomb's Job Offer Fraud Statement.

Our US Benefit Programs: Employee Benefits: Bausch + Lomb

Applicants must be authorized to work for ANY employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.

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About Bausch & Lomb Incorporated

Bausch & Lomb is a leading global eye health company that specializes in the design, manufacture, and sale of a wide range of eye care products, including contact lenses, lens care products, and surgical instruments. The company has a strong presence in the United States and Europe, and is expanding its operations in Asia and Latin America. Bausch & Lomb is committed to innovation and research, and has a long history of developing new technologies and products to improve eye health.
Learn more about Bausch & Lomb Incorporated
Size
12,000 employees
Industry
Net Income
$100 million
5 Year Trend
-5%
Revenue
$5 billion
NASDAQ

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