Sales Commissions Director
Company | Sonar |
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Location | Austin, TX, USA |
Salary | $Not Provided – $Not Provided |
Type | Full-Time |
Degrees | Bachelor’s |
Experience Level | Expert or higher |
Requirements
- 10+ years of experience in sales compensation, sales operations, or related fields, with at least 5 years in a leadership role.
- A bachelor’s degree in a relevant field like business, finance, HR, or a related area is required.
- A proven track record of designing and managing global sales compensation programs.
- Designing commission structures for different sales roles (e.g., sales representatives, sales managers, sales directors).
- Developing and implementing performance-based bonus programs.
- Managing the commission payout process, ensuring accuracy and timely payments.
- Analyzing commission data to identify trends and areas for improvement.
- Staying up-to-date on industry best practices and trends in sales compensation.
- Communicating sales compensation plans to the sales team and other stakeholders.
Responsibilities
- Develop and Oversee Sales Compensation Programs: This includes designing incentive structures, determining pay mix, and setting quotas and commission tiers.
- Partner with Sales Leadership, HR, and Legal: Collaborating with these teams to ensure compensation plans are aligned with company objectives and market competitiveness.
- Administer and Implement Sales Compensation Plans: Overseeing the processes for commission calculations, payments, and dispute resolution.
- Analyze Sales Performance and Incentive Effectiveness: Conducting in-depth analysis to identify areas for improvement and ensure plans are driving desired results.
- Provide Strategic Recommendations: Offering insights and recommendations on compensation trends, policies, and structures to support business growth.
- Ensure Compliance: Adhering to regulatory requirements and ensuring all compensation matters are handled in a compliant manner.
Preferred Qualifications
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No preferred qualifications provided.