Compunnel Inc. · 1 day ago
Sales Compensation Manager
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Responsibilities
Lead a team of compensation professionals responsible for administering and managing sales compensation plans, including commissions, bonuses, and incentive structures.
Ensure the accurate and timely processing of sales compensation data, reviewing audits and reports to maintain program integrity and compliance with wage and hour laws.
Supervise the analysis of sales performance and compensation data, identifying trends, discrepancies, and areas for improvement. Guide the team in making data-driven recommendations for program enhancements.
Manage relationships with external vendors and participate in industry benchmarking to ensure competitive compensation packages.
Develop and present detailed reports on compensation outcomes, sales performance, and program effectiveness to senior leadership. Communicate compensation strategies clearly to internal stakeholders.
Provide regular training to the sales team and managers on the sales compensation program, ensuring understanding of compensation structures, incentive plans, and how they align with business objectives.
Ensure sales compensation practices comply with all applicable labor laws, company policies, and regulatory standards.
Lead initiatives to streamline compensation administration processes, improve efficiency, and implement new tools and technologies for better tracking, reporting, and payment of commissions.
Qualification
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Required
5+ years of experience in sales compensation, with a minimum of 2 years in a managerial role overseeing a compensation team
Proven experience developing, administering, and optimizing sales compensation programs
Strong background in data analysis, compensation strategy, and reporting
In-depth knowledge of compensation laws and best practices, including wage and hour compliance
Experience collaborating with multiple departments (Sales, HR, Finance, etc.) to align compensation strategies with broader business goals
Strong leadership, communication, and interpersonal skills with a track record of successfully managing and developing teams
Analytical Mindset: Ability to interpret complex compensation data and present it in a clear, actionable manner for leadership and stakeholders
Strategic Vision: A forward-thinking approach to sales compensation design, driving both short-term results and long-term retention and growth
Attention to Detail: A commitment to maintaining the accuracy of compensation calculations and reports
Collaborative Leader: Ability to build trust and work effectively across various departments to deliver seamless compensation solutions
Mentor & Coach: Passion for developing and empowering a team, providing training, feedback, and growth opportunities
Bachelor’s degree in human resources, Business Administration, Finance, or a related field
5+ years of experience in sales compensation, including 2+ years in a leadership or management capacity
Proficiency in compensation systems (e.g., Workday, SAP) and advanced Microsoft Excel skills
Familiarity with performance metrics and sales data analytics
Preferred
Master’s degree in human resources, Business Administration, Finance, or a related field
Certification in compensation (e.g., CCP, CPP)
Experience with M&A or compensation integration projects
Company
Compunnel Inc.
Compunnel, Inc., founded in 1994 and headquartered in New Jersey, is at the forefront of providing customized workforce and digital transformation solutions, enhancing the total experience for our valued business allies.
H1B Sponsorship
Compunnel Inc. has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2023 (1572)
2022 (2192)
2021 (2385)
2020 (2157)
Funding
Current Stage
Late StageCompany data provided by crunchbase