Thermo Fisher Scientific

Senior Manager, Sales Incentives Compensation - US Remote

North Carolina, United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Scientific Instruments, HealthcareIndustries

Requirements

Candidates must possess a Bachelor's degree or equivalent work experience, with a minimum of 7 years in management roles within Sales, Sales Operations, or Sales Compensation Management. A minimum of 3 years of experience in Sales Compensation is preferred, along with prior experience with the Xactly Sales Incentive platform and global experience being strongly preferred. The role requires strong interpersonal skills for effective interaction across organizational levels and functions, experience with dynamic sales teams, and the ability to work in a cross-functional environment. Excellent written and verbal communication skills are essential, as is a strong orientation toward data management, data governance, and process improvement. Demonstrated knowledge of compensation planning and administration, exceptional diligence, and strong analytical skills are necessary, along with the ability to work independently, multi-task, and maintain focus on goals.

Responsibilities

The Senior Manager, Sales Compensation will lead the annual planning cycle for sales incentive plans, engaging with executive leadership, sales management, and human resources to align incentive design with sales strategy. This role involves maintaining an in-depth understanding of all sales incentive plans, communicating their rationale, strategy, and calculations, and leading the rollout and administration of these plans, including timely payouts. Responsibilities also include analyzing sales metrics and performance data to identify trends, driving continuous improvement in sales compensation business processes for scalability and efficiency, and identifying/developing technology solutions for compensation processes. The position supports the sales team's understanding of compensation opportunities and tools, assists sales leaders with the impact of compensation and forecasting decisions, and ensures all documentation and processes align with applicable policies and governance. Overall, the role is responsible for supporting incentive compensation for the PSG field sales team, encompassing administration, reporting, data quality, and maintenance.

Skills

Sales Incentives
Compensation Planning
Sales Operations
Commercialization Strategy
Sales Force Incentive Design
Sales Rewards
Recognition Programs
Process Improvement
Data Analysis
Cross-functional Collaboration
Governance
Administration
Target Setting
Territory Alignment
Exception Processes
Plan Modeling

Thermo Fisher Scientific

Provides life sciences products and services

About Thermo Fisher Scientific

Thermo Fisher Scientific offers a variety of products and services that support scientific research and healthcare, including laboratory equipment, reagents, and software solutions. Their products are used in applications like protein biology, real-time PCR, and sequencing, serving clients such as academic institutions and pharmaceutical companies. Unlike competitors, Thermo Fisher emphasizes customer support and education, helping clients optimize their experiments. The company's goal is to be a leading provider of life sciences solutions that contribute to a healthier and safer world.

Waltham, MassachusettsHeadquarters
1956Year Founded
$17MTotal Funding
IPOCompany Stage
Biotechnology, HealthcareIndustries
10,001+Employees

Risks

Increased competition in single-use bioprocessing may impact market share.
Sale of anatomical pathology business could create a temporary product gap.
Investment in miDiagnostics may face regulatory challenges affecting returns.

Differentiation

Thermo Fisher offers a comprehensive range of life sciences products and services.
Their well-known brands include Thermo Scientific, Applied Biosystems, and Invitrogen.
They provide strong customer support and educational resources to optimize client workflows.

Upsides

Expansion of biologics production facility enhances capacity for precision biologics monitoring.
Investment in miDiagnostics aligns with demand for rapid diagnostic solutions in BioPharma.
Collaboration with Mainz Biomed positions them in the growing cancer detection market.

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