Illumina

Associate Director, Sales Compensation Design

Illumina

full-time

Posted on:

Location Type: Remote

Location: Remote • California • 🇺🇸 United States

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Salary

💰 $152,600 - $228,800 per year

Job Level

Senior

About the role

  • Develop and implement sales incentive compensation strategies that align with overall business objectives and drive desired sales behaviors
  • Design, develop, and implement sales incentive compensation plans, including salary structures, incentive plans, and other compensation programs
  • Collaborate with sales leadership, HR, finance, and other stakeholders to gather requirements, gain alignment, and ensure effective plan implementation
  • Oversee the performance management process related to incentive compensation, including setting sales targets, tracking performance, and calculating payouts
  • Utilize data analysis and modeling to assess the effectiveness of incentive compensation plans, identify areas for improvement, and make data-driven recommendations
  • Ensure compliance with all applicable laws and regulations related to sales compensation, working with legal and HR teams as needed
  • Lead a team of compensation professionals, providing guidance, mentorship, and support in their development
  • Oversee vendor relationships related to sales compensation administration, ensuring projects are delivered on time and within budget
  • Identify opportunities to enhance sales compensation design, administration, and operations, implementing solutions for improvement

Requirements

  • Bachelor’s degree or equivalent experience
  • MBA or equivalent experience preferred
  • Minimum of 15 years’ experience in commercial operations, sales compensation, commercial analytics, or related fields
  • Experience in the genomic sequencing, medical device, or life sciences industries strongly preferred
  • At least 7 years in people leadership roles, preferably in commercial organizations
  • Global experience to work across various regions, strongly preferred
  • Deep understanding of sales compensation principles, best practices, and industry trends
  • Proficiency in using data analysis tools and techniques to assess plan performance and inform decision-making
  • Strong ability to build relationships, influence stakeholders, and communicate effectively with various levels of the organization
  • Ability to connect compensation strategy to overall business objectives and drive desired outcomes
  • Ability to identify and resolve complex issues related to sales compensation design and administration
  • Excellent verbal and written communication skills, with the ability to present complex information clearly and concisely
  • Familiarity with CRM systems, compensation management software, and other relevant tools
Benefits
  • access to genomics sequencing
  • family planning
  • health/dental/vision
  • retirement benefits
  • paid time off

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

Hard skills
sales incentive compensation strategiessales compensation plansdata analysisperformance managementsales targetscompensation principlescompensation designcommercial analyticsdata-driven recommendationsissue resolution
Soft skills
relationship buildinginfluencing stakeholderseffective communicationleadershipmentorshipproblem-solvingcollaborationstrategic thinkingteam developmentpresentation skills
Certifications
Bachelor’s degreeMBA
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