SCOPE OF ROLE:

As the Sales Compensation Leader, you will be responsible for leading the deployment of our plan design for North America and analysis for our field Sales organization. This role will work cross-functionally with the Commercial, Finance, Division and HR leaders to drive compensation strategy and deployment. Our ideal candidate is an experienced leader that has successfully designed and deployed compensation plans in a highly matrixed environment.  This role will also manage the commissions process for our External Rep Agencies in addition to our direct employees.

MAJOR RESPONSIBILITIES:

• Ownership of design, development, implementation, and management of sales compensation plans that align both corporate and field sales force objectives.
• Execute the annual sales deployment process of a matrixed organization which continues to drive growth both organically through share gain, as well as inorganically through M&A.
• Implement sales incentive compensation strategy, navigating through a matrixed team.
• Expert in Incentive Compensation plan design who can deliver insights on market competitive compensation plans and strategies to executive leadership, ensuring optimized easy to understand SIC plans annually.
• Responsible for an appropriately funded NA SIC accrual by partnering regularly with Finance and Accounting to drive discussions with data driven insights and outcomes.
• Owner of the administration, documentation, communication and training of the programs, while ensuring operational excellence, insight and efficiency.
• Lead the communication with appointed SIC Committee body who approves plans, disputes, considerations and payments annually.
• Be a change leader to improve the effectiveness of our compensation program through process improvements based on data driven alalysis and insights.
• Perform additional tasks or duties as assigned.
• Flexible, hybrid work location balance

MINOR QUALIFICATIONS:

• Demonstrated ability to maintain strict levels of confidentiality.
• Bachelor's degree in Human Resources, Business Administration, Finance or related field required.
• Minimum five (5) years of progressive compensation, commercial operations and/or HR experience with increasing levels of responsibility in compensation design, development, and/or administration.
• Ability to break down complex problems and make easily digestible recommendations through written communications and presentations to executive leadership.
• Ability to partner with senior leadership in driving complex program outcomes to closure.
• Thrives in a fast-paced, dynamic environment, with the ability to meet multiple deadlines concurrently.
• Proficient presentation and executive influencing skills.
• Proficient in Microsoft Office Suite, Salesforce, PowerBI, Workday and other relevant software.
• Exceptional analytical skills with a proven ability to manage complex compensation calculations and interpret data to inform compensation strategies and deployment.
• Exceptional written and verbal communication skills, with the ability to effectively engage with senior management, cross-functional teams, and external partners.
• Demonstrated ability to think creatively and bring innovative solutions to compensation challenges.

PREFERRED QUALIFICATIONS:

• Experience implementing and managing compensation tools (e.g., CaptivateIQ, Varicent, Sales Force SPIFF, Sales Force Sale Planning).
• Experience in leading sales incentive design in North America.
• Master’s degree in Human Resources, Business Administration, Finance or related field.
• CCP certification
• Experience organizing and driving Kaizen events delivered at optimizing sales deployment and compensation strategy.

Benefits

• Medical, Dental, Vision and Prescription Drug Coverage
• Spending accounts (HSA, Health Care FSA and Dependent Care FSA)
• Paid Time Off and Holidays
• 401k Retirement Plan with Matching Employer Contributions
• Life and Accidental Death & Dismemberment (AD&D) Insurance
• Paid Leaves
• Tuition Assistance

About Regal Rexnord

Regal Rexnord is a $6.5B publicly held global industrial manufacturer with 30,000 associates around the world who help create a better tomorrow by providing sustainable solutions that power, transmit and control motion. The Company’s electric motors and air moving subsystems provide the power to create motion. A portfolio of highly engineered power transmission components and subsystems efficiently transmits motion to power industrial applications. The Company’s automation offering,