Manager, Compensation Design - Ottava

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com

As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world.  We provide an inclusive work environment where each person is considered as an individual.  At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit.

Job Function:

Sales Enablement

Job Sub Function:

Sales Operations & Administration

Job Category:

People Leader

All Job Posting Locations:

Cincinnati, Ohio, United States of America, Raritan, New Jersey, United States of America, Santa Clara, California, United States of America

Job Description:

Fueled by innovation at the intersection of biology and technology, we’re developing the next generation of smarter, less invasive, more personalized treatments.
 

Are you passionate about improving and expanding the possibilities of surgery? Ready to join a team that’s reimagining how we heal? Our Surgery team will give you the chance to deliver surgical technologies and solutions to surgeons and healthcare professionals around the world. Your contributions will help effectively treat some of the world’s most prevalent conditions such as obesity, cardiovascular disease and cancer. Patients are waiting.
 

Your unique talents will help patients on their journey to wellness. Learn more at https://www.jnj.com/medtech
 

We are searching for the best talent for a Manager, Compensation Design for Surgery supporting the Ottava business. The position can be located in Cincinnati, OH, Santa Clara, CA, or Raritan, NJ and will work onsite at one of the three locations.

Purpose:
The Manager, Compensation Design-Ottava, is responsible for building and leading a team of Analysts to design compensation plans in support of business strategy (deliver accurate, timely incentive compensation plans across multiple roles/representative levels), translate financial targets to sales quotas, and lead detailed analyses on plan performance. The Manager, Compensation Design-Ottava is a key advisor to Ottava executives in sales, marketing, finance, and internal support functions on decisions related to compensation design, incentive budget utilization, and plan performance. The role reports to the Director of Compensation, US Surgery.
 

You will be responsible for:
Compensation Design:

• Develop team of analysts for career growth and achievement of goals and objectives.

• Collaborate with other compensation and execution stakeholders on team deliverables.

• Lead analysts to design quarterly/semesterly compensation plans for capital and clinical teams aligned to business strategy and within JJMT policies.

• Lead analysts to deliver quarterly/semesterly sales quotas aligned to financial business plans.

• Develop compensation plan designs and quota-setting methods to maximize sales force engagement and financial target attainment in both capital sales and clinical support
• Lead relationship with sales plan administration external partners/consultants and design tools to support field sales through online sales compensation portal

• Maintain compliance with J&J Payroll policies, SOX controls and payroll procedures.

• Lead analysts to execute other Ethicon business incentive/bonus initiatives as needed.

• Lead cross-functional and cross-sector projects beyond Ottava as needed.
• Understand market, regional and local dynamics to continuously improve alignment of compensation plans and quota-setting methods to enterprise objectives
• Align compensation plans and payout mechanisms to JJMT compensation philosophy
• Provide on-demand analytics to ensure compensation plans drive desired business performance results 
• Execute plan modeling to ensure plan payout matches performance and is within budget.

• Manage compensation budget in collaboration with Finance, Payroll Administration, Sales Executives, and other key stakeholders