Sales Incentives Manager

Sales Incentives Manager

London Full-Time 43200 - 72000 ÂŁ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Design and manage global sales incentive programs to drive performance and achieve business goals.
  • Company: AVEVA is a leading industrial software company focused on sustainability and innovation.
  • Benefits: Enjoy a collaborative culture, competitive pay, and opportunities for professional growth.
  • Why this job: Make a significant impact in a fast-paced environment while contributing to global success.
  • Qualifications: 8+ years in Sales Compensation, preferably in Technology/SaaS, with strong analytical skills.
  • Other info: Join a diverse team committed to creating transformative technology for a better world.

The predicted salary is between 43200 - 72000 ÂŁ per year.

AVEVA is a global leader in industrial software. Our cutting-edge solutions are used by thousands of enterprises to deliver the essentials of life – such as energy, infrastructure, chemicals and minerals – safely, efficiently and more sustainably. We’re the first software business in the world to have our sustainability targets validated by the SBTi, and we’ve been recognized for the transparency and ambition of our commitment to diversity, equity, and inclusion. We’ve also recently been named as one of the world’s most innovative companies. If you’re a curious and collaborative person who wants to make a big impact through technology, then we want to hear from you!

The Global Sales Incentives team plays a crucial role in AVEVA’s growth by developing and executing Sales Incentives solutions aligned with the overall direction and success of the Sales organisation. In this fast-paced environment, we are dedicated to driving performance through strategic initiatives and a seamless execution of incentive programs. As a Global Sales Incentives Manager, you will be responsible for designing, cost modelling, implementing, and managing our global Sales Incentive programs that achieve business objectives. With your expertise and deep understanding of incentive structure, you will act as a strategic partner with the business leadership to provide specialist guidance and recommendations. This is an excellent opportunity to make a significant impact on our Sales organisation and contribute to our global success.

Key Responsibilities:

  • Develop and implement global sales incentive plans that align with company objectives and drive desired sales behaviours.
  • Orchestrate Incentive compensation strategy that supports transformation of the business moving towards Annual Recurring Revenue model.
  • Collaborate with Sales leadership to understand business priorities and Sales Performance metrics.
  • Analyse sales data to identify trends, opportunities, and areas for improvement in incentive programs.
  • Conduct regular analysis of sales compensation data to ensure competitiveness and effectiveness of plans.
  • Provide actionable insights and recommendations to senior management.
  • Responsible for tracking sales commission costs utilising forecast information.
  • Drive regular Sales Compensation corporate reporting & analytics on performance metrics, ROI, and comp operational metrics.
  • Successfully implement new sales incentives schemes within the SPM tool and ensure rigorous system testing prior to going live.
  • Manage the administration of sales compensation plans, including calculations, payments, and compliance with all relevant regulations.
  • Communicate incentive plans clearly and effectively to the sales team, including eligibility criteria, payout structures, and timelines.
  • Work closely with Sales leadership, Finance, HR, and other stakeholders to ensure alignment and effective communication of compensation strategies.
  • Stay updated on industry trends and best practices.
  • Continuously evaluate and improve compensation programs to ensure they remain competitive and effective.
  • Serve as a business owner for the SPM tool and leverage system capabilities to strengthen the current state of automation.

Minimum Requirements:

  • 8+ years of experience in Sales Compensation preferably in Technology/SaaS Sales space.
  • Knowledge of various incentive program structures and models.
  • Proficiency in cost modelling with demonstrated experience in providing data-driven business insights.
  • Extensive experience with Sales Performance Management systems particularly Xactly.
  • Advanced level of proficiency in Excel (vlookups, pivots, macros etc.) including experience building analysis and models.
  • Excellent communication and presentation skills, capable of conveying complex information to various stakeholders.
  • A thoughtful, attention to detail oriented, systematic approach to systems and processes.
  • Open to be “daring” to provide out of the box ideas and solutions.

AVEVA requires all successful applicants to undergo and pass a comprehensive background check before they start employment. Background checks will be conducted in accordance with local laws and may, subject to those laws, include proof of educational attainment, employment history verification, proof of work authorization, criminal records, identity verification, and credit check. AVEVA is an Equal Opportunity Employer. We are committed to being an exemplary employer with an inclusive culture, developing a workplace environment where all our employees are treated with dignity and respect. We value diversity and the expertise that people from different backgrounds bring to our business. Come and join AVEVA to create the transformative technology that enables our customers to engineer a better world.

Sales Incentives Manager employer: AVEVA Denmark

AVEVA is an exceptional employer that champions innovation and sustainability in the industrial software sector. With a strong commitment to diversity, equity, and inclusion, employees thrive in a collaborative work culture that encourages personal and professional growth. The Global Sales Incentives Manager role offers a unique opportunity to make a significant impact while working alongside industry leaders in a dynamic environment, supported by comprehensive benefits and a focus on employee well-being.
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Contact Detail:

AVEVA Denmark Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Sales Incentives Manager

✨Tip Number 1

Familiarise yourself with AVEVA's core values and mission. Understanding their commitment to sustainability and innovation will help you align your approach during interviews, showcasing how your experience in sales incentives can contribute to their goals.

✨Tip Number 2

Network with current or former employees of AVEVA, especially those in the Sales Incentives or related departments. This can provide you with insider knowledge about the company culture and expectations, which can be invaluable during your application process.

✨Tip Number 3

Prepare to discuss specific examples of how you've successfully implemented sales incentive programs in the past. Highlight your analytical skills and how you've used data to drive decisions, as this aligns closely with the responsibilities outlined in the job description.

✨Tip Number 4

Stay updated on the latest trends in sales compensation, particularly within the Technology/SaaS sector. Being able to discuss recent developments or innovative practices during your interview will demonstrate your proactive approach and industry knowledge.

We think you need these skills to ace Sales Incentives Manager

Sales Compensation Expertise
Cost Modelling
Data Analysis
Sales Performance Management Systems (Xactly)
Advanced Excel Skills (vlookups, pivots, macros)
Communication Skills
Presentation Skills
Attention to Detail
Strategic Thinking
Collaboration Skills
Problem-Solving Skills
Knowledge of Incentive Program Structures
Understanding of Sales Performance Metrics
Ability to Provide Data-Driven Insights
Adaptability to Industry Trends

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights relevant experience in sales compensation, particularly in the Technology or SaaS sectors. Use specific examples that demonstrate your expertise in designing and implementing incentive programs.

Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for AVEVA and its commitment to sustainability and innovation. Discuss how your skills align with the responsibilities of the Sales Incentives Manager role and how you can contribute to the company's objectives.

Showcase Analytical Skills: Since the role involves analysing sales data and providing insights, include examples of how you've successfully used data analysis in previous roles. Mention any tools or systems you've worked with, especially if they relate to Sales Performance Management.

Highlight Communication Abilities: Given the need to communicate complex information effectively, provide examples of how you've successfully conveyed intricate concepts to various stakeholders. This could be through presentations, reports, or team meetings.

How to prepare for a job interview at AVEVA Denmark

✨Understand the Company and Its Values

Before your interview, take some time to research AVEVA's mission, values, and recent achievements. Understanding their commitment to sustainability and diversity will help you align your answers with their corporate culture.

✨Showcase Your Analytical Skills

As a Sales Incentives Manager, you'll need to analyse sales data effectively. Be prepared to discuss specific examples of how you've used data to drive decisions in previous roles, particularly in relation to incentive programs.

✨Prepare for Scenario-Based Questions

Expect questions that ask you to solve hypothetical problems related to sales incentives. Practise articulating your thought process and how you would approach designing or improving an incentive plan based on given scenarios.

✨Communicate Clearly and Confidently

Since the role involves collaboration with various stakeholders, demonstrate your communication skills during the interview. Be clear and concise when explaining your ideas, and ensure you can convey complex information in an understandable way.

Sales Incentives Manager
AVEVA Denmark
Location: London
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