Sr. Incentive Compensation Analyst
Sr. Incentive Compensation Analyst
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$ 80000 - 110000
1 Vacancy
Job Description
This is whereyour work makes a difference.
At Baxter we believe every personregardless of who they are or where they are fromdeserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today tomorrow and beyond.
Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together our community is driven by a culture of courage trust and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations and we hold each other accountable for delivering exceptional results.
Here you will find more than just a jobyou will find purpose and pride.
In this high visibility role you are a critical function in supporting our sales teams Incentive Compensation program. Collaborate on developing and implementing the process alongside sales executives.
Be in charge of supervising sophisticated analytical support performance reporting and field sales variable compensation calculations for Baxters sales teams in the US. Collaborate with sales leaders finance HR and IC leadership to develop annual compensation and competition strategies aligning with company objectives. Database creation and management is required to support all commission-related reporting.
What youll be doing
- Collaborate with different departments on the building and inventing of annual commission and contest plans fostering sales behaviors that support annual objectives for the US sales forces
- Proficient in sophisticated data analysis and managing databases for allocating annual quotas and making monthly modifications.
- Complete annual modeling for commission and overachievement rates.
- Handle commission adjustments and customer alignments calculate monthly commissions and submit commission payouts to payroll in alignment with the published variable payroll calendar.
- Be responsible for preparation and publication of monthly performance reporting packages from field sales up to Sr Sales Leadership. Ability to complete data mining and build dashboards upon request.
- Complete monthly calculation and reporting of sales contest awards and sprints; Prepare and present year-end contest trip and awards performance for sales leadership approval.
- Complete payment approvals and coordinate adjustments to sales data to ensure accurate commission payments align with Incentive Compensation policies and governance.
- Provide just-in-time reporting for HR Sales and/or Marketing related to owned sales team annual and historic sales performance reporting.
- Analyze and make recommendations on business issues and opportunities related to variable compensation.
- Operate with a continuous improvement approach to drive a LEAN culture and advance the organization digital transformation journey.
- Participate in and/or lead process innovation projects to develop and identify procedural gaps contribute to improvement create efficiencies eliminate waste and enhance customer satisfaction.
What youll bring
- Effective leadership and project management skills
- Strong analytical modeling and problem-solving skills are required
- Advanced Excel skills; Strong working knowledge of Tableau PowerPoint and database management tools desired
- Demonstrates ownership and accountability for delivering timely and accurate results.
- Excellent verbal and written communication skills; Collaborative mind set.
- Dedication to meeting and/or exceeding expectations of internal and external customers
- Tableau Cognos and/or advanced reporting skills preferred
- Eagerness to develop innovative solutions through the use of digital technology
- Proficiency with Sales Performance Management (SPM) tools such as Xactly and IBM/Varicent preferred
- BA/BS required OR equivalent work experience.
- 4 years of experience in Finance Commercial Operations or related field
- Incentive Compensation experience preferred
We understand compensation is an important factor as you consider the next step in your career. At Baxter we are committed to equitable pay for all employees and we strive to be more transparent with our pay practices.
The estimated pay range for this position is $80000 - $110000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less within the anticipated range based upon market data and other factors all of which are subject to change.
Individual pay is based upon location skills and expertise experience and other relevant factors. This position is also eligible for a discretionary bonus. For questions about this our pay philosophy and available benefits please speak to the recruiter if you decide to apply and are selected for an interview.
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
US Benefits at Baxter (except for Puerto Rico)
This is where your well-being matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical and dental coverage that start on day one as well as insurance coverage for basic life accident short-term and long-term disability and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP) with the ability to purchase company stock at a discount and the 401(k) Retirement Savings Plan (RSP) with options for employee contributions and company matching. We also offer Flexible Spending Accounts educational assistance programs and time-off benefits such as paid holidays paid time off ranging from 20 to 35 days based on length of service family and medical leaves of absence and paid parental leave. Additional benefits include commuting benefits the Employee Discount Program the Employee Assistance Program (EAP) and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our additional information regarding Baxter US Benefits please speak with your recruiter or visit our Benefits site: Benefits Baxter
Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race color religion gender national origin age sexual orientation gender identity or expression protected veteran status disability/handicap status or any other legally protected characteristic.
Know Your Rights: Workplace Discrimination is Illegal
Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If because of a medical condition or disability you need a reasonable accommodation for any part of the application or interview process please click on the link here and let us know the nature of your request along with your contact information.
Recruitment Fraud Notice
Baxter has discovered incidents of employment scams where fraudulent parties pose as Baxter employees recruiters or other agents and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself review our Recruitment Fraud Notice.
Required Experience:
Senior IC
Employment Type
Full-Time
