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- Tasks: Design and manage global sales compensation plans that motivate and align with business goals.
- Company: Join a dynamic company committed to diversity and inclusion in the workplace.
- Benefits: Enjoy generous holidays, health benefits, and access to extensive learning resources.
- Why this job: Make a real impact on sales strategies while collaborating with senior leaders.
- Qualifications: 5+ years in sales compensation with strong analytical and communication skills.
- Other info: Work in a fast-paced environment with excellent career growth opportunities.
The predicted salary is between 60000 - 80000 £ per year.
Location: London
The Sales Compensation Manager will lead the design, implementation, and governance of sales compensation plans across multiple business units. The role ensures fair, motivating programs aligned with strategic objectives, working with senior stakeholders in Sales, HR, Finance, and Operations.
Responsibilities
- Design and manage global sales compensation plans that align with business strategy and promote equitable outcomes.
- Assist with annual compensation planning cycles, including quota setting, incentive modeling, and performance analysis.
- Collaborate with HR and Finance to ensure compliance with internal policies and external regulations.
- Provide strategic guidance to sales leaders on compensation-related matters, including hiring, promotions, and retention.
- Manage Sales Compensation Payments, from calculation to review and communication, including additional incentives.
- Analyze sales performance data to identify trends, risks, and opportunities for improvement.
- Develop and maintain documentation and training materials to support compensation processes.
- Champion diversity, equity, and inclusion in all aspects of compensation design and execution.
Qualifications
- Proven experience in sales compensation, finance, or sales operations, ideally in a global organization.
- 5+ years of experience in sales compensation.
- Bachelor's degree in Business, Finance, Human Resources, or related field; advanced degree preferred.
- Strong analytical skills and proficiency in Excel, Power BI, or similar tools.
- Excellent communication and stakeholder management abilities.
- Ability to work independently and collaboratively in a fast‑paced environment.
- Commitment to inclusive practices and continuous improvement.
- Experience with CRM and compensation management software (e.g., Sales Cloud, Xactly, Callidus, SAP).
Benefits
- Generous holiday allowance with the option to buy additional days.
- Health screening, eye care vouchers and private medical benefits.
- Wellbeing programs.
- Life assurance.
- Access to a competitive contributory pension scheme.
- Long service awards.
- Save As You Earn share option scheme.
- Travel season ticket loan.
- Maternity, paternity and shared parental leave.
- Access to emergency care for both the elderly and children.
- RE CARES days, giving you time to support the charities and causes that matter to you.
- Access to employee resource groups with dedicated time to volunteer.
- Access to extensive learning and development resources.
- Access to employee discounts via Perks at Work.
We are an equal opportunity employer: qualified applicants are considered for and treated during employment without regard to race, color, creed, religion, sex, national origin, citizenship status, disability status, protected veteran status, age, marital status, sexual orientation, gender identity, genetic information, or any other characteristic protected by law.
Sales Compensation Manager in City of Westminster employer: RELX Group
Contact Detail:
RELX Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Sales Compensation Manager in City of Westminster
✨Network Like a Pro
Get out there and connect with people in the industry! Attend networking events, join relevant online groups, and don’t be shy about reaching out to folks on LinkedIn. We all know that sometimes it’s not just what you know, but who you know!
✨Ace the Interview
Prepare for your interviews by researching the company and practising common questions. We recommend using the STAR method (Situation, Task, Action, Result) to structure your answers. Show them how your experience aligns with their needs, especially in sales compensation!
✨Follow Up
After your interview, don’t forget to send a thank-you email! It’s a great way to express your appreciation and reiterate your interest in the role. We believe this small gesture can make a big difference in keeping you top of mind.
✨Apply Through Our Website
When you find a role that excites you, apply through our website! It streamlines the process and ensures your application gets the attention it deserves. Plus, we love seeing candidates who are proactive about their job search!
We think you need these skills to ace Sales Compensation Manager in City of Westminster
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Sales Compensation Manager role. Highlight your experience in sales compensation, finance, or sales operations, and don’t forget to showcase your analytical skills and proficiency with tools like Excel or Power BI.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about sales compensation and how your background aligns with our mission at StudySmarter. Be sure to mention any relevant experience with CRM and compensation management software.
Showcase Your Stakeholder Management Skills: In your application, emphasise your ability to work with senior stakeholders across various departments. We want to see examples of how you've provided strategic guidance in previous roles, especially in relation to hiring, promotions, and retention.
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re keen on joining the StudySmarter team!
How to prepare for a job interview at RELX Group
✨Know Your Numbers
As a Sales Compensation Manager, you'll need to demonstrate your analytical skills. Brush up on key metrics related to sales performance and compensation plans. Be ready to discuss how you've used data to drive decisions in previous roles.
✨Understand the Business Strategy
Familiarise yourself with the company's business strategy and how sales compensation aligns with it. Prepare examples of how you've designed compensation plans that support strategic objectives in past positions.
✨Stakeholder Engagement is Key
This role involves collaboration with various departments. Think about how you've successfully managed relationships with stakeholders in the past. Be prepared to share specific instances where your communication skills made a difference.
✨Champion Diversity and Inclusion
Since the role emphasises diversity, equity, and inclusion, come prepared with ideas on how to incorporate these principles into compensation design. Share any relevant experiences that highlight your commitment to inclusive practices.