Sales Compensation Analyst

At Boston Scientific, we are seeking a highly motivated and analytical Sales Compensation Analyst to join our dynamic team. As a global medical technology company, we strive to make a difference in the lives of patients worldwide through innovative products and solutions. As a Sales Compensation Analyst, you will play a crucial role in ensuring our sales team is fairly and accurately compensated for their hard work and dedication. We are looking for an individual who is detail-oriented, data-driven, and has a passion for sales compensation. If you are ready to join a company that values its employees and makes a positive impact on the world, we encourage you to apply for this exciting opportunity.

1. Design and implement sales compensation plans that align with company goals and objectives.
2. Analyze and evaluate current compensation structures to identify areas for improvement.
3. Collaborate with sales leadership to understand their needs and provide recommendations for compensation changes.
4. Collect and analyze data to ensure accuracy and fairness in sales compensation calculations.
5. Develop and maintain a deep understanding of sales incentive plans, policies, and procedures.
6. Monitor and track sales performance and results to ensure proper compensation is being distributed.
7. Communicate compensation changes and updates to the sales team in a timely and effective manner.
8. Provide guidance and support to sales managers and representatives on compensation-related inquiries and issues.
9. Collaborate with other departments, such as HR and Finance, to ensure alignment and consistency in compensation practices.
10. Stay current on industry trends and best practices in sales compensation to continuously improve the company's compensation strategy.
11. Identify and resolve any discrepancies or issues with compensation calculations.
12. Generate reports and presentations to communicate compensation metrics and trends to senior management.
13. Maintain confidentiality and integrity of sensitive compensation data.
14. Continuously evaluate and improve the sales compensation process to drive efficiency and effectiveness.
15. Contribute to special projects and initiatives related to sales compensation as needed.

According to JobzMall, the average salary range for a Sales Compensation Analyst in Maple Grove, MN, USA is $62,000-$80,000 per year. This range may vary depending on the specific company, industry, and level of experience of the individual. Factors such as education level, certifications, and performance may also impact the salary range.

Boston Scientific Corp. engages in the development, manufacture and marketing of medical devices that are used in interventional medical specialties. Its products and technologies are used to diagnose or treat medical conditions, including heart, digestive, pulmonary, vascular, urological, women's health and chronic pain conditions.