Senior Sales Compensation Analyst

Are you a highly analytical and results-driven individual looking for a challenging and dynamic role in the field of sales compensation? Look no further! Abbott is seeking a Senior Sales Compensation Analyst to join our team and play a vital role in driving our sales performance. As a Senior Sales Compensation Analyst, you will be responsible for analyzing sales data, designing and implementing compensation plans, and providing strategic recommendations to optimize sales incentives. This role requires a strong understanding of sales processes, exceptional problem-solving skills, and the ability to collaborate with cross-functional teams. If you have a passion for sales, a keen eye for detail, and a drive to achieve success, we want to hear from you!

1. Analyze sales data: This includes collecting, organizing, and interpreting sales data to identify trends, patterns, and areas for improvement in sales performance.
2. Design and implement compensation plans: Develop and design sales compensation plans that are aligned with business goals and objectives. This includes creating sales targets, commission structures, and bonus programs.
3. Provide strategic recommendations: Use data analysis to make informed and strategic recommendations for optimizing sales incentives and improving overall sales performance.
4. Collaborate with cross-functional teams: Work closely with sales teams, finance, and human resources to gather data, understand business needs, and implement effective compensation plans.
5. Understand sales processes: Have a deep understanding of the sales process, including lead generation, customer acquisition, and sales strategies, to effectively design and implement compensation plans.
6. Problem-solving: Utilize strong analytical and problem-solving skills to identify and resolve issues related to sales compensation and performance.
7. Stay updated with industry trends: Stay informed about current trends and best practices in sales compensation to continually improve and optimize our sales incentive programs.
8. Monitor and track sales performance: Regularly monitor and track sales performance against set targets and make adjustments to compensation plans as needed.
9. Communicate effectively: Clearly communicate sales compensation plans, changes, and updates to all stakeholders, including sales teams, managers, and leadership.
10. Drive sales performance: Play a vital role in driving sales performance by creating effective and motivating compensation plans that incentivize and motivate sales teams to achieve their targets.
11. Ensure compliance: Ensure all sales compensation plans are compliant with company policies, industry regulations, and legal requirements.
12. Continuously improve processes: Identify areas for improvement in sales compensation processes and make recommendations for streamlining and optimizing processes for better efficiency and effectiveness.

According to JobzMall, the average salary range for a Senior Sales Compensation Analyst in Alameda, CA, USA is $92K - $130K per year. This range may vary depending on the specific company, level of experience, and other factors.

From removing the regular pain of finger sticks as people manage their diabetes to connecting patients to doctors with real-time information monitoring their hearts, from easing chronic pain and movement disorders to testing half the world’s blood donations to ensure a healthy supply, our purpose is to make the world a better place by bringing life-changing health technologies to the people who need them. That’s our commitment to helping you live your best life.