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- Tasks: Drive change by designing innovative sales compensation plans and analysing their effectiveness.
- Company: Join a global FTSE 20 subsidiary making a real impact.
- Benefits: Earn up to £100,000 with an attractive bonus structure and career growth opportunities.
- Why this job: Be at the forefront of sales strategy in a supportive, collaborative environment.
- Qualifications: Experience in sales compensation design, strong analytical skills, and proficiency in Excel.
- Other info: Permanent position based in London with diverse stakeholder engagement.
The predicted salary is between 60000 - 84000 £ per year.
Fantastic chance to work as a part of a global FTSE 20. Work for a company where you will drive real change.
About Our Client: Our client is a subsidiary of a FTSE 20 organisation.
In this position, you will develop innovative, efficient, and market competitive solutions that align pay with performance. You will apply your knowledge, experience, analytical skills, and passion for various organizational and employee-level projects to improve how we engage and incentivize sales talent whilst supporting the development of your team and partnerships with sales.
Responsibilities:
- Designing Compensation Plans: Collaborate with internal stakeholders to create plans that align with business goals and drive growth.
- Analysing Plans: Assess plan effectiveness and expenses, and present findings to sales leaders.
- Managing Plan Documents: Develop and distribute plan documents, calculators, and training materials.
- Resolving Issues: Respond to questions and escalated issues related to compensation plans.
- Developing Compensation Policies: Work with finance, legal, HR, sales operations, and sales and client services management.
- Staying Compliant: Keep up with legal changes and regulations, and work with legal departments to resolve compliance issues.
- Auditing: Review financial records and commission data to identify inaccuracies.
- Developing Metrics: Create metrics and goals to manage incentive plans.
- Communicating: Communicate incentive policies, processes, and cross-functional issues.
- Conducting Market Analyses: Analyze the external market to determine pay competitiveness.
The Successful Applicant:
As a successful candidate, you will likely have the following expertise / attributes:
- Relevant experience in sales compensation design, preferably in a SaaS company with a recurring revenue business model.
- Ability to influence stakeholders at all levels.
- Strong project management, organizational, and follow-up skills to prioritize and complete multiple projects and tasks.
- Experience working in diverse environments with multiple stakeholders.
- Ability to work independently and within a team, conduct research, and present conclusions regarding complex issues.
- Strong mathematical, comparative analysis, and general analytical skills to create meaningful insights and metrics.
- Proficiency in Excel with advanced spreadsheet management skills.
- Strong interpersonal skills to communicate effectively with all levels of the organization.
- Ability to generate concise presentation decks to share compensation-related information.
- Knowledge of compensation policies, programs, and compliance issues.
What's on Offer:
As the Head of Sales Incentives / Commissions you will receive:
- Competitive salary to £100,000 per annum.
- Attractive bonus structure.
- Permanent position based in London.
- Opportunities for career growth and professional development within the business services industry.
- Supportive and collaborative work environment.
If you're ready to take on this exciting opportunity, apply now to join a renowned organisation in the business services industry.
Head of Sales Incentives / Commissions in City of London employer: Page Executive
Contact Detail:
Page Executive Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Sales Incentives / Commissions in City of London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry and let them know you're on the hunt for the Head of Sales Incentives role. A personal recommendation can go a long way in getting your foot in the door.
✨Tip Number 2
Prepare for interviews by researching the company and its compensation strategies. Be ready to discuss how your experience aligns with their goals and how you can drive change in their sales incentives.
✨Tip Number 3
Showcase your analytical skills! Bring examples of how you've used data to influence compensation plans in the past. This will demonstrate your ability to create meaningful insights that align pay with performance.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Head of Sales Incentives / Commissions in City of London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Head of Sales Incentives / Commissions role. Highlight your relevant experience in sales compensation design and any specific achievements that align with the job description. We want to see how you can drive real change!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your skills can benefit us. Don't forget to mention your experience with stakeholder management and project oversight, as these are key for this position.
Showcase Your Analytical Skills: Since this role involves a lot of analysis, make sure to highlight your analytical skills in both your CV and cover letter. Share examples of how you've used data to influence decisions or improve processes in previous roles. We love numbers and insights!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it shows you're keen on joining our team!
How to prepare for a job interview at Page Executive
✨Know Your Numbers
As the Head of Sales Incentives / Commissions, you'll need to demonstrate your strong analytical skills. Brush up on key metrics related to sales compensation and be ready to discuss how you've used data to drive decisions in previous roles.
✨Showcase Your Stakeholder Influence
This role requires influencing stakeholders at all levels. Prepare examples of how you've successfully collaborated with different teams, particularly in designing compensation plans. Highlight your communication skills and ability to navigate complex environments.
✨Be Ready for Compliance Questions
Since staying compliant is crucial, expect questions about legal changes and regulations in compensation. Familiarise yourself with recent developments in this area and be prepared to discuss how you've handled compliance issues in the past.
✨Prepare a Presentation Deck
You'll likely need to present your ideas clearly. Create a concise presentation deck that outlines your approach to developing compensation policies and metrics. This will not only showcase your organisational skills but also your ability to communicate effectively.
