Senior Compensation Analyst

4 weeks ago


Conshohocken, Pennsylvania, United States Suvoda Full time
Compensation Planning and Analysis

As a Senior Compensation Analyst at Suvoda, you will play a key role in designing and implementing incentive compensation plans that drive sales performance and business growth. Your expertise in compensation analysis and design will enable you to develop and maintain complex compensation plans that align with our business strategies and operational goals.

Key Responsibilities:

Develop and maintain incentive compensation plans for sales teams, ensuring they are aligned with business objectives and performance metrics.
Conduct complex compensation data analyses to provide insights and recommendations to support strategic decision-making.
Collaborate with sales leadership to establish and refine performance metrics and targets, ensuring they are clearly communicated and understood across the organization.
Ensure all incentive compensation programs comply with relevant laws and company policies, maintaining high standards of governance and oversight.

Requirements:

Bachelor's degree required
At least 5 years of experience in compensation analysis, design, and administration, with a focus on incentive compensation
Strong analytical and problem-solving skills, with the ability to interpret complex data and translate it into actionable insights
Proficient in data analysis and reporting, with advanced skills in MS Excel and PowerBI
Experience with ICM/SPM software is required, Xactly, is preferred
Proficiency in SQL, with the ability to write SQL queries for Xactly Connect, optimize database performance, and manage data transformations for analytical purposes
Knowledge of compensation laws, regulations, and best practices
Excellent communication and interpersonal skills, with the ability to interact effectively with all levels of the organization
Demonstrated ability to manage projects and prioritize multiple tasks in a fast-paced environment

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