Sales Compensation Strategy Manager

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

We are seeking a data-driven and strategic Compensation Strategy Manager – Laboratory Solutions to design, optimize, and report on incentive compensation plans for our laboratory solutions business. This role is responsible for ensuring compensation structures align with business goals, market trends, and industry best practices, with an emphasis on sales and operational performance. The ideal candidate will bring strong analytical capabilities, a deep understanding of compensation design frameworks, and the ability to translate data into actionable insights.

Key Responsibilities:

Compensation Plan Design (70%)

• Design, evaluate, and refine incentive compensation plans across sales, operations, and support functions in alignment with business strategy.

• Conduct in-depth market research and competitive benchmarking to ensure plans are equitable, attractive, and aligned with industry standards.

• Collaborate with business unit leaders, Finance, and HR Business Partners to understand goals and ensure compensation plans drive the desired performance.

• Ensure compliance with legal and regulatory standards in compensation design and pay equity.

• Continuously monitor compensation trends within the life sciences, laboratory services, and adjacent industries.

• Collaborate with Commissions Administration to ensure successful execution of sales compensation plans

• Provide ongoing analytics to evaluate the success of the compensation plans and provide recommendations for next year’s plans

• Design / evaluate additional compensation such as SPIFs, special bonuses, etc.

Performance Reporting & Analytics (30%)

• Build and maintain performance dashboards and reporting tools to track incentive plan effectiveness, ROI, and alignment with KPIs.

• Partner with Finance and Sales Operations to ensure accurate and timely reporting of individual and team performance metrics.

• Develop and maintain compensation models, simulations, and scenario analyses to forecast plan outcomes and budget impact.

• Prepare regular performance reports and compensation insights for senior leadership and stakeholders.

• Analyze historical and real-time performance data to recommend plan adjustments and strategic improvements.

Preferred Skills:

• Experience in the life sciences, diagnostics, or laboratory services sector.

• Strong analytical mindset and modeling capabilities.

• Familiarity with CRM/Sales Performance Management platforms (e.g., Shareville, Varicent, etc)

• Strong business acumen with the ability to link compensation strategies to operational and sales goals.

Qualifications:

• Bachelor's degree in Finance, Human Resources, Business Analytics, or related field analytical (Master’s or CCP certification a plus).

• 5+ years of experience in compensation design, preferably within B2B or scientific/technical industries preferred.

• Demonstrated expertise in incentive compensation strategy, modeling, and implementation.

• Proficiency with compensation analysis tools and/or analytical software (e.g., Excel, SQL, Tableau, or powerBI).

• Strong understanding of compliance, pay equity, and regulatory considerations.

• Excellent communication and stakeholder management skills

Who we are: We are a team of more than 73,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.

How we work: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual’s potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world’s most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustai