Incentive Compensation Analyst 6 Month Contract

Toronto - Canada

Monthly Salary: Not Disclosed

Posted on: 30+ days ago

Vacancies: 1 Vacancy

Job Summary

At Varicent were not just transforming the Sales Performance Management (SPM) marketwere redefining how organizations achieve revenue success. Our cutting-edge SaaS solutions empower revenue leaders globally to design smarter go-to-market strategies maximize seller performance and unlock untapped potential. Varicent stands at the forefront of innovation celebrated as a market leader in the2025 Forrester Wave Report for SPM2023 Ventana Research Revenue Performance Management (RPM) Value IndexGartner Peer Insights2024 Gartner SPM Market Guide andG2.Our solutions are trusted by a diverse range of global industry leaders like T-Mobile ServiceNow Wawanesa Bank Shaw Industries Moodys Stryker and hundreds more. Heres why youll thrive at Varicent:

Innovate with Purpose: Build impactful solutions for customers worldwide.
Join Excellence: Work in a diverse collaborative and innovative team.
Shape the Future: Lead in redefining revenue optimization.
Grow Together: Unlock your potential in a supportive environment.

Join us at Varicentwhere your talent and ambition meet limitless opportunities for success!

We are seeking a detail-oriented and analytical Incentive Compensation Analyst to support our sales and customer success incentive compensation programs. This role will be responsible for analyzing managing and optimizing incentive-based pay structures for customer-facing employees including sales customer success services and alliances teams. The ideal candidate will have strong analytical skills a deep understanding of sales compensation principles and the ability to collaborate with cross-functional teams to ensure effective and equitable incentive compensation practices.

What Youll Do:

Incentive Compensation Payouts: Manage and execute the ongoing payouts of incentive compensation payouts to all eligible payees in an accurate and timely manner.
Compensation Analysis: Conducting external market research and internal analyses of compensation structures including salaries bonuses and incentives to ensure competitiveness fairness and alignment with organizational goals.
Policy Development: Developing and implementing incentive compensation policies and procedures that adhere to legal requirements and industry best practices while supporting the organizations strategic objectives. Work with HR and Legal to ensure compliance with federal state and local compensation laws and regulations.
Data Management: Collecting organizing and maintaining data related to employee compensation ensuring accuracy and confidentiality and utilizing data analysis tools to derive insights.
Compensation Planning: Assisting in the design and administration of annual and periodic incentive compensation programs while considering budgetary constraints and business priorities.
Employee Education: Providing training and educational resources to managers and employees on compensation policies procedures and practices to foster understanding and transparency.

What Youll Bring:

2-5 years of experience in incentive compensation analysis or a related HR function.
Strong proficiency in Excel and HRIS systems (e.g. Workday SAP or similar).
Experience with sales compensation tools (especially Varicent) is a plus.
Knowledge of incentive compensation laws and best practices.
Exceptional analytical skills with a data-driven mindset.
Strong attention to detail and ability to manage multiple priorities.
Excellent communication and presentation skills.
Ability to work independently and collaboratively in a fast-paced environment.

Success Factors:

Within the first 1-3 months you will:

Learn the job and how to do the core recurring tasks
Familiarize themselves with the rules of each comp plan and whos on each plan
Learn how to use maintain and modify ICM
Identify automations to improve efficiency

Within 4-6 months you will:

Fully own the compensation role
Plan and execute identified automations

Varicent is committed to creating a diverse environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race color religion gender gender identity or expression sexual orientation national origin genetics disability age or veteran status. If you require accommodation at any time during the recruitment process please email

Varicent is also committed to compliance with all fair employment practices regarding citizenship and immigration status. By applying for a position at Varicent and/or by using this portal you declare and confirm that you have read and agree to ourJob Applicant Privacy Noticeand that the information provided by you as part of your application is true and complete and includes no misrepresentation or material omission of fact

Required Experience:

Innovate with Purpose: Build impactful solutions for customers worldwide.
Join Excellence: Work in a diverse collaborative and innovative team.
Shape the Future: Lead in redefining revenue optimization.
Grow Together: Unlock your potential in a supportive environment.

Join us at Varicentwhere your talent and ambition meet limitless opportunities for success!

What Youll Do:

Incentive Compensation Payouts: Manage and execute the ongoing payouts of incentive compensation payouts to all eligible payees in an accurate and timely manner.
Compensation Analysis: Conducting external market research and internal analyses of compensation structures including salaries bonuses and incentives to ensure competitiveness fairness and alignment with organizational goals.
Policy Development: Developing and implementing incentive compensation policies and procedures that adhere to legal requirements and industry best practices while supporting the organizations strategic objectives. Work with HR and Legal to ensure compliance with federal state and local compensation laws and regulations.
Data Management: Collecting organizing and maintaining data related to employee compensation ensuring accuracy and confidentiality and utilizing data analysis tools to derive insights.
Compensation Planning: Assisting in the design and administration of annual and periodic incentive compensation programs while considering budgetary constraints and business priorities.
Employee Education: Providing training and educational resources to managers and employees on compensation policies procedures and practices to foster understanding and transparency.

What Youll Bring:

2-5 years of experience in incentive compensation analysis or a related HR function.
Strong proficiency in Excel and HRIS systems (e.g. Workday SAP or similar).
Experience with sales compensation tools (especially Varicent) is a plus.
Knowledge of incentive compensation laws and best practices.
Exceptional analytical skills with a data-driven mindset.
Strong attention to detail and ability to manage multiple priorities.
Excellent communication and presentation skills.
Ability to work independently and collaboratively in a fast-paced environment.

Success Factors:

Within the first 1-3 months you will: