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Full-Time

Sales Compensation Program Manager

Posted on 7/17/2024

Fivetran

Fivetran

1,001-5,000 employees

Automated data movement and management platform

Data & Analytics
Consulting
Enterprise Software

Compensation Overview

$129.2k - $161.5kAnnually

+ RSU stock grants

Senior, Expert

Denver, CO, USA

Category
Strategic Account Management
Sales & Account Management
Required Skills
Sales
Communications
Management
Excel/Numbers/Sheets
Requirements
  • 5+ years of relevant work experience in B2B sales commission
  • Proven ability to handle the complexities of an end-to-end commissions close
  • Knowledge of consumption based sales compensation structures, sales compensation concepts, sales data tracking processes, and methodologies
  • Passion for constructing scalable processes and adapting swiftly in ambiguous situations
  • Track record of strong SOX-compliant business-process design, enhancement, and maintenance
  • Exceptional communication skills, both verbal and written
  • Proficiency in manipulating large data sets and conducting scenario analyses
  • Advanced skills in Google Sheets/Excel and ability to learn data visualization tools like Looker
  • Experience using Xactly or other Sales Incentive Management software
  • Strong project management skills
  • High attention to detail, strong work ethic, demonstrated comfort with ambiguity, a can-do attitude, and an ability to meet tight deadlines
Responsibilities
  • Effectively manage and administer compensation plans through Fivetran’s incentive management tool
  • Maintain accurate records of all compensation related information
  • Guide incentive plan design by providing insights into industry best practices
  • Own the entire Sales incentive program including SPIFF and MBO program
  • Monitor the effectiveness of compensation plans, SPIFFs and MBOs
  • Author and enforce policies and procedures aligned with business objectives
  • Serve as the main point of contact for Sales regarding their compensation plans
  • Provide Sales with comprehensive training and enablement materials
  • Collaborate on the monthly compensation close process
  • Identify opportunities for process optimization and lead cross functional efforts

Fivetran offers an automated platform for data movement that helps businesses manage their data efficiently through a process called ELT (Extract, Load, Transform). It features over 400 pre-built, no-code connectors that simplify the connection of various data sources and automatically handle updates and changes in data structure. Fivetran stands out from competitors with its strong focus on security, ensuring compliance with regulations like GDPR and HIPAA. The company's goal is to streamline data management for businesses of all sizes, allowing them to effectively utilize their data.

Company Stage

Series D

Total Funding

$889.3M

Headquarters

Oakland, California

Founded

2012

Growth & Insights
Headcount

6 month growth

4%

1 year growth

7%

2 year growth

0%
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Simplify's Take

What believers are saying

  • Fivetran's partnerships with major companies like BOOST and Deliveroo demonstrate its capability to handle complex data integration needs, leading to improved customer experiences and operational efficiencies.
  • The recent milestone of surpassing 500 connectors and continuous product innovation, such as the dbt Cloud orchestration integration, highlight Fivetran's commitment to staying ahead in the data integration market.
  • Recognition as a Challenger in the 2023 Gartner Magic Quadrant for Data Integration indicates strong market positioning and potential for further growth.

What critics are saying

  • The highly competitive nature of the data integration market, with major players like Informatica and Talend, could pressure Fivetran to continuously innovate to maintain its market position.
  • Dependence on third-party platforms like Snowflake and Looker for data storage and analysis could pose integration challenges and limit flexibility.

What makes Fivetran unique

  • Fivetran's platform offers over 500 pre-built, no-code source connectors, the largest number in the data movement industry, simplifying data integration for clients.
  • The company's focus on automating the entire ELT process, including handling schema drift and data normalization, sets it apart from competitors who may require more manual intervention.
  • Fivetran's strong emphasis on security, with features like HITRUST certification and compliance with GDPR and HIPAA, provides a competitive edge in industries with stringent data protection requirements.
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