Senior Sales Compensation Analyst

Are you a highly analytical and detail-oriented individual with a passion for sales compensation? Do you thrive in a fast-paced environment and have a strong understanding of data analysis? If so, we have an exciting opportunity for you as a Senior Sales Compensation Analyst at Philips. As a global leader in health technology, Philips is seeking a talented individual to join our team and help drive our sales compensation strategies. With a strong focus on innovation and growth, this role offers the opportunity to make a significant impact on our business. We are looking for someone with a combination of experience in sales compensation and a strong ability to communicate and collaborate cross-functionally. If this sounds like you, we encourage you to apply and take the next step in your career with Philips.

1. Conduct in-depth analysis of sales compensation plans and programs to ensure alignment with company objectives and overall strategy.
2. Develop and implement new sales compensation strategies and initiatives to drive sales performance and motivate the sales team.
3. Collaborate with cross-functional teams, including finance, HR, and sales, to gather and analyze data and provide recommendations for improvement.
4. Monitor and track sales compensation metrics and provide regular reporting to key stakeholders.
5. Stay up-to-date on industry trends and best practices in sales compensation to continuously improve and innovate our programs.
6. Communicate sales compensation plans and changes effectively to sales teams and provide support and assistance as needed.
7. Partner with sales leadership to understand their needs and provide guidance and support in developing effective compensation plans for their teams.
8. Conduct regular audits to ensure accuracy and compliance of sales compensation plans.
9. Proactively identify and address any issues or discrepancies in sales compensation and work towards resolutions.
10. Train and educate sales teams on sales compensation plans and policies to ensure understanding and compliance.
11. Continuously evaluate and analyze the effectiveness of sales compensation plans and make recommendations for improvements.
12. Act as a subject matter expert on sales compensation and provide guidance and support to other team members.
13. Support the implementation of new sales compensation systems or tools to improve efficiency and accuracy.
14. Participate in special projects as needed to support the overall growth and success of the sales organization.
15. Represent Philips in a professional and positive manner at all times and uphold the company's values and culture.

According to JobzMall, the average salary range for a Senior Sales Compensation Analyst in Nashville, TN, USA is $75,000 - $95,000 per year. This may vary depending on factors such as experience, education, and the specific company and industry the analyst is working in.

Royal Philips is a health technology company focused on improving people's health and enabling better outcomes across the health continuum from healthy living and prevention, to diagnosis, treatment and home care. Philips leverages advanced technology and deep clinical and consumer insights to deliver integrated solutions. The company is a leader in diagnostic imaging, image-guided therapy, patient monitoring and health informatics, as well as in consumer health and home care.