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Senior Compensation Strategist
2 months ago
International Data Group Inc. is seeking a highly skilled Senior Variable Compensation Lead to play a pivotal role in designing, implementing, and managing variable compensation programs within our organization.
The ideal candidate will collaborate closely with cross-functional teams, including Sales, HR, Finance, and other stakeholders, to ensure that our compensation plans effectively enable the company strategy, motivate employees to meet/exceed their goals, and reward & recognize their results.
This role can be 100% remote or in our office with a hybrid work environment.
Key Responsibilities- Design and Manage Variable Compensation Programs: Collaborate with cross-functional teams to design, manage, and administer variable compensation programs.
- Own the End-to-End Process: Own the process end to end; design, implement, employee management, quota, crediting, support, payout, and analytics.
- Model Cost and Optimize Motivational Outcomes: Model the cost of variable compensation plans/paylines to optimize motivational outcomes vs. expense.
- Assess Performance and Identify Areas for Improvement: Assess the performance of compensation plans using data analysis and identify areas for improvement.
- Interpret Quantitative and Qualitative Data: Interpret quantitative and qualitative data to provide insights into compensation trends and patterns.
- Create and Deliver Training Materials: Create and deliver training materials to leaders, managers, and employees who are on a compensation plan.
- Document Business Processes and Policies: Document variable compensation business processes, policy, playbooks, and general rules of engagement.
- Create and Deliver Reports and Dashboards: Create and deliver reports and dashboards to communicate key performance indicators, trends, and insights.
- Communicate with Stakeholders: Create and deliver stakeholder communications on compensation plans, policies, and procedures as required.
- Answer Help-Desk Questions: Answer help-desk questions/queries from leaders, managers, and employees on compensation topics.
- Ensure Compliance: Ensure compliance with internal controls and audit requirements, perform sample testing as required.
- Bachelor's Degree: Bachelor's degree in Business, Finance, Computer Science, Engineering, Economics, or related field.
- 10+ Years of Experience: 10+ years of Sales Compensation, sales/revenue operations, finance, or other equivalent experience within an enterprise company and within the technology industry.
- 5+ Years of Experience with Incentive Compensation Tools: 5+ years of experience with incentive compensation tools such as Varicent, SPIFF, Everstage, etc.
- Strong Analytical and Data Management Skills: Strong analytical/data management skills. Power user of Salesforce, Power BI, and Advanced Excel.
- Experience in Statistical Forecasting and Data Modeling: Experience in statistical forecasting/data modeling to both set and maintain sales quota by account.
- Excellent Communication and Interpersonal Skills: Excellent communication/interpersonal skills. Ability to engage stakeholders up, down, and across the company.
- Detail-Oriented Approach: Detail-oriented approach with a commitment to accuracy and integrity in compensation administration.
- Ability to Work with Autonomy: Ability to work with a high degree of autonomy, prioritize, define solutions, and drive the delivery of results.
