Our client is looking for a temp to hire Sales Compensation Analyst for a 3+ month contract. See requirements below:
***FULLY REMOTE BUT MUST BE LOCATED IN NEW JERSEY***
- Responsible for the administration of sales compensation programs, ensuring alignment with business goals and legal compliance.
- Administer and manage compensation plans, including incentive structures, commissions, bonuses, and sales performance data.
- Manage the end-to-end process of sales compensation administration, including calculating and auditing sales commissions, ensuring timely and accurate compensation payouts, and analyzing sales performance data to recommend adjustments or improvements.
- Collaborate with cross-functional teams to assess compensation trends, develop recommendations, and ensure alignment with the company's sales objectives
- Conduct audits of sales compensation data on a regular cadence.
- Perform in-depth analysis of sales performance and compensation data to identify trends, pay disparities, and opportunities for program optimization.
- Collaborate with external vendors and participate in benchmarking activities to gather market data and ensure compensation packages are competitive.
- Provide regular training and guidance to managers and the sales team on compensation plans, pay structures, and incentive programs.
- Participate in special projects as required, including system enhancements, compensation reviews, and process improvements.
Required Experience
- Bachelor's degree in Human Resources, Business Administration, or a related field (Master's preferred).
- Minimum of 3+ years in compensation, with a strong focus on sales compensation administration.
- Proven experience in developing and administering sales compensation programs, including incentive structures and commissions.
- Experience analyzing and reporting on sales compensation data to support business decisions.
- Strong understanding of compensation best practices, wage and hour laws, and relevant compliance standards.
- Experience with compensation systems and tools (e.g., Workday, SAP, or similar) and proficiency in Microsoft Office, particularly Excel for advanced data analysis.
- Familiarity with sales data analytics and performance metrics.
- Experience in mergers and acquisitions (M&A) or integration projects is a plus.