Senior Sales Compensation Analyst - Software Sales

MBR Partners

$110K — $130K *
US-AnywhereRemote in United States
Business Services
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in Business Administration, Finance, Human Resources, or related field; MBA preferred.
  • 5+ years of experience in sales compensation design and strategy.
  • Proven ability to design and implement effective sales compensation plans.
  • Strong analytical skills and attention to detail for interpreting complex data.
  • Solid critical thinking skills with a focus on actionable insights.
  • Effective project management in fast-paced environments.
  • Proficiency in Incentive Compensation Management (ICM) tools and software.

Responsibilities

  • Manage a comprehensive sales compensation strategy to enhance sales performance.
  • Monitor and adjust quotas to align with market changes and business strategies.
  • Design, develop, and implement competitive sales incentive compensation plans.
  • Evaluate existing compensation plans and provide improvement recommendations.
  • Analyze compensation data to identify trends and forecast costs.
  • Advise senior leadership on compensation analysis and market trends.
  • Ensure compliance with legal requirements and industry best practices.
  • Maintain documentation for audit and compliance needs.
  • Guide and train sales teams on compensation plan structures and policies.
  • Collaborate with HR, Finance, Legal, and Sales Operations on compensation initiatives.
  • Act as a subject matter expert on sales compensation strategy and design.

Benefits

  • Comprehensive benefits package to support overall well-being.
  • Career development opportunities for advancing professional skills.
  • Collaborative work environment that encourages cross-departmental partnerships.
  • Access to workplace wellness programs and initiatives.
Full Job Description
Our client is urgently looking for a Senior Sales Compensation Analyst . They are a large enterprise

The role is to manage a comprehensive sales compensation strategy that drives sales performance and supports company goals.

Main Responsibilities:
  • Manage a comprehensive sales compensation strategy that drives sales performance and supports company goals.
  • Monitor and adjust quotas as necessary to reflect changes in market conditions or business strategies.
  • Support the design, development, and implementation of sales incentive compensation plans that are simple, competitive, motivating, and aligned with the company's strategic goals.
  • Evaluate the effectiveness of existing compensation plans and make recommendations for improvements.
  • Conduct regular analysis of compensation data to identify trends, forecast costs, and ensure plan effectiveness.
  • Provide insights and recommendations to senior leadership based on compensation analysis and market trends.
  • Ensure all compensation plans comply with legal requirements and industry best practices.
  • Maintain documentation and reporting to support audit and compliance needs.
  • Provide guidance and training to sales teams on sales compensation plan structures and policies.
  • Respond to ad hoc analyses, special projects, and other similar or related duties
  • Partner closely with HR, Finance, Legal, and Sales Operations teams to ensure alignment on compensation-related initiatives.
  • Serve as a subject matter expert and advisor on sales compensation strategy and design.

Requirements:
  • Bachelor's degree in Business Administration, Finance, Human Resources, or a related field; MBA or relevant advanced degree preferred.
  • 5+ years of experience in sales compensation design and strategy, with a strong understanding of sales operations and financial modeling.
  • Proven ability to design and implement effective sales compensation plans.
  • Strong analytical skills and attention to detail with the ability to interpret complex data and make data-driven decisions.
  • Solid critical thinking skills with a bias toward providing actionable, pertinent insights and implementing solutions.
  • Strong sense of urgency and ability to effectively manage and support multiple complex projects concurrently in a fast-paced, dynamic environment.
  • Proficient in the use of Incentive Compensation Management (ICM) tools and software
  • Demonstrated intermediate level skills in Excel, Google Sheets and data analysis skills.
  • Excellent communication and interpersonal skills, with the ability to work collaboratively across departments.
  • Knowledge of relevant labor laws and regulations regarding compensation.

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