Principal Compensation Analyst, Interventional Solutions

Additional Location(s): US-MN-Maple Grove

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.       

About the role: 
The Principal Compensation Analyst will work on the Interventional Solutions Sales Compensation team and be responsible for providing expert analysis and strategic recommendations on the design, implementation, and management of sales compensation plans and programs that drive business performance and overall sales strategy. In this role you will have the opportunity to work with high performing teams across sales strategy, finance, HR, and field training, as well as interact directly with our field sales team. This role requires a high level of business acumen, customer solution focus, multi-tasking skills, comprehensive organizational skills, and analytical ability.

 

Your responsibilities will include: 

• Lead in the management, analytics, and production of commissions paid to our US Interventional Solutions field sales team.
• Own the design, implementation, and distribution of sales quota on a semi-annual basis.
• Effectively collaborate with other sales operations functions and cross functional partners to design, develop and implement effective compensation strategies.
• Develop actionable insights and recommendations on compensation plans, sales incentives programs, and retention strategies.
• Lead in the tracking, calculating, and forecasting of sales team commissions on a quarterly basis.
• Build and maintain advanced analytics processes and tools that assess key performance metrics. Ensure that data-driven recommendations are integrated into business strategies.
• Lead compensation-related projects to identify process improvement opportunities and develop solutions while applying appropriate methodology, measurements, tools, and quantitative techniques
• Ensure accuracy of applied commission rates within the Anaplan Compensation Model.

 

 What we’re looking for in you:

• Bachelor’s degree
• Minimum of 5 years’ experience in Sales Strategy or Operations, Finance, or Consulting.
• Advanced proficiency in Excel and PowerPoint
• Highly motivated, high impact individual with strong technical, analytical and leadership competencies.
• Excellent problem-solving skills, using an analytical and consultative “partner-focused” approach
• Strong business acumen and experience interacting with various level of management.
• Excellent communication skills with the ability to distill complex thoughts and strategies into simple, actionable recommendations.

 

Preferred Qualifications and Competencies

• MBA degree
• Experience in Sales Operations or Sales Compensation
• Anaplan software experience
• Experience in medical device industry

 

 

 

Requisition ID: 602554

Minimum Salary: $99100 

Maximum Salary: $188300 

 

The anticipated compensation listed above and the value of core and optional employee benefits offered by Boston Scientific (BSC) – see www.bscbenefitsconnect.com--will vary based on actual location of the position and other pertinent factors considered in determining actual compensation for the role. Compensation will be commensurate with demonstrable level of experience and training, pertinent education including licensure and certifications, among other relevant business or organizational needs. At BSC, it is not typical for an individual to be hired near the bottom or top of the anticipated salary range listed above.

 

Compensation for non-exempt (hourly), non-sales roles may also inc