Manager, Incentive Compensation
Baxter International Inc.About the role
This is where you save and sustain lives
At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You’ll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients.
Baxter’s products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.
Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work.
Join us at the intersection of saving and sustaining lives— where your purpose accelerates our mission.
Your Role at Baxter
This is where your insights drive change.
As an Incentive Compensation Manager at Baxter, you have the opportunity to work with our internal team as well as collaborate with the commercial teams we support every day. Your belief in hard work, critical thinking, and having an analytical approach is essential in understanding the big picture as well as collaborating on solutions. As a valued member of our Incentive Comp organization, your insights and analytical expertise will support our operations and contribute to our goals. You are able to provide leadership and coaching on quota, advanced analytical support and territory/organizational design as well as performance reporting and variable comp calculations for our US sales forces. In this role you'll be leading a team of 2-3 direct reports on compensation design, quota allocation and the field to finance balancing of commission spend!
Your Team
Baxter is a large, global company that provides rich opportunities to develop professionally and learn from one another. Our mission to save and sustain lives is backed by a strong business model and over 90 years of success and growth. As our company's mission comes to life, it brings vast amounts of data with it. The Incentive Comp team has the responsibility and privilege of translating this data into meaningful, practical insights to help teams learn and adapt along the way.
As we work toward our common purpose, we lean on our colleagues for their expertise and collaborate to get work done. As an internal partner to the business, the Incentive Comp team builds relationships and functions as a thought partner, providing expertise and reliability along the way. This function is friendly and helpful, largely due to the cross-collaborative nature of the roles. You work with your own team members, internal Commercial Operations functions, Human Resources, IT, Finance and Field Sales. Are you ready to be the next leader on our Incentive Comp team?!
What you'll be doing:
- Leading and facilitating the design of approximately 10-15 IC Commission plans in alignment with the business’s annual strategic objectives, and cross functional guidance
- Coaching and mentoring new and existing team members to drive timely and accurate commission payments
- Driving new organizational design in alignment with existing and new business vertical requirements
- Contributing through direct and indirect team members to foster an environment of problem solvers while motivating and developing bench strength to retain talent and enhance the IC organization
- Leading and/or sponsoring process innovation initiatives to develop and identify procedural gaps, drive for improvement, create efficiencies, eliminate waste, and enhance customer satisfaction
- Managing, in conjunction with IC leadership, prioritization, and execution of internal and cross functional initiatives to enhance IC value add products and services to our customers
- Ability to apply a strong leadership presence and partnership internally and across functions
- Adhering to compliance with internal procedures and processes
What you'll bring:
- Bachelors Degree required with 5+ years of experience in Finance, HR Total Rewards, Commercial Operations, or related field. Incentive Compensation experience preferred
- Ability to identify continuous improvement enhancement opportunities via data driven analysis on process flows, and translation of those improvements into actionable process changes and/or systems solutions
- Advanced data analytic mindset and proven history of driving change and enhancing value added products/services in collaboration with your business partners
- Proven experience in sponsoring and/or leading continuous improvement initiatives (LEAN) which drive innovation, digital transformation, and development of team members
- Broad understanding of critical attributes of quota, compensation, and performance reporting
- Ability
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