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Full-Time

Sales Compensation Analyst

Posted on 3/25/2024

BambooHR

BambooHR

1,001-5,000 employees

Cloud-based HR management software provider

Data & Analytics
Consulting

Junior, Mid, Senior

Utah, USA

Category
Financial Planning and Analysis (FP&A)
Risk Management
Sales & Trading
Finance & Banking
Required Skills
Sales
Communications
SQL
Tableau
Data Analysis
Excel/Numbers/Sheets
Requirements
  • Strong proficiency in data analysis tools and techniques, such as Excel/Google Sheets, SQL, and data visualization tools (e.g. Tableau).
  • Excellent quantitative and analytical skills, with the ability to interpret complex data sets and draw actionable insights.
  • Exceptional attention to detail and accuracy, with a commitment to delivering high-quality work.
  • Effective communication and collaboration skills, with the ability to present findings and recommendations to stakeholders at all levels of the organization.
  • Ability to work independently and manage multiple projects simultaneously, while meeting deadlines in a dynamic environment.
  • Knowledge of sales performance metrics, incentive structures, commission calculations, and compensation best practices.
Responsibilities
  • Design, implement, and manage sales compensation plans that align with business objectives and drive sales productivity.
  • Calculate commissions accurately and timely based on predefined commission structures, ensuring compliance with company policies and regulatory requirements.
  • Serve as the administrator for the commission software, maintaining system integrity, user access, and configuration settings.
  • Manage spiffs (special performance incentives for specific products or promotions) and other one-off incentives by developing eligibility criteria, calculating payouts, and tracking performance against targets.
  • Conduct regular audits of commission calculations and incentive programs to ensure accuracy and fairness.
  • Collaborate with cross-functional teams, including Sales, Finance, and Human Resources, to gather input and insights for compensation plan design, commission calculations, and incentive program management.
  • Develop and maintain reports and dashboards to track commission payouts, incentive program performance, and overall sales compensation effectiveness.
  • Perform scenario analysis and modeling to assess the potential impact of changes to commission structures and incentive programs.
  • Provide guidance and support to sales leadership and individual sales representatives on commission-related inquiries, incentive program eligibility, and payout calculations.
  • Partner with HRBP to provide pay for performance training to sales leaders and team.
  • Stay updated on industry trends and best practices in sales compensation and incentive management to continuously improve our compensation strategies and processes.

BambooHR offers a cloud-based HR management software that simplifies HR processes, including hiring, onboarding, payroll, benefits administration, and employee performance management. The software provides intuitive features, automated workflows, and integrations, serving over 26,000 customers and 2,500,000 employees worldwide.

Company Stage

N/A

Total Funding

N/A

Headquarters

Lindon, Utah

Founded

2008

Growth & Insights
Headcount

6 month growth

9%

1 year growth

9%

2 year growth

9%
INACTIVE