Manager Incentive Compensation

8 - 13 years

0 Lacs

Posted:1 day ago| Platform: Shine logo

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Work Mode

On-site

Job Type

Full Time

Job Description

The responsibilities of the role include designing and implementing field incentive compensation plans in alignment with brand strategies and sales goals. You will be required to build financial models to simulate plan performance under various scenarios and conduct historical analysis to evaluate plan effectiveness. Additionally, creating short-term incentive contests and bonus programs to support product launches and managing the operational calendar for incentive compensation activities will be part of your responsibilities. Furthermore, you will be responsible for monitoring plan performance and alignment with commercial KPIs, identifying anomalies and recommending corrective actions, and providing insights to Sales Leadership. Your role will also involve preparing communication materials for field engagement, responding to field escalations, and ensuring compliance with internal controls and industry regulations. The ideal candidate for this position should have 8-13 years of experience in Incentive Compensation. Preferred qualifications include experience in the Bio/Pharmaceutical industry or consulting, strong analytical and problem-solving abilities, critical thinking skills, effective communication skills, and the ability to identify areas for process improvement and innovation. Additionally, familiarity with technology platforms and the ability to collaborate with IS/IT and business leaders are desired qualities for this role.,

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