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- Tasks: Lead the design and management of global sales compensation plans.
- Company: Dynamic company in London focused on equitable sales strategies.
- Benefits: Generous holiday, health benefits, wellbeing programs, and learning resources.
- Other info: Join a supportive team with excellent career growth opportunities.
- Why this job: Make a real impact on sales strategies while promoting diversity and inclusion.
- Qualifications: 5+ years in sales compensation with strong analytical and communication skills.
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 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 Westminster
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, attend events, and engage on platforms like LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their sales compensation strategies and be ready to discuss how your experience aligns with their goals. This shows you're genuinely interested and well-prepared.
✨Tip Number 3
Practice your pitch! Be clear about your achievements and how they relate to the role of Sales Compensation Manager. Use specific examples to demonstrate your skills in designing and managing compensation plans.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re keen on joining our team at StudySmarter!
We think you need these skills to ace Sales Compensation Manager in 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 successfully collaborated with HR, Finance, and Sales leaders in the past.
Apply Through Our Website: We encourage you to apply through our website for the best chance of being noticed. It’s super easy, and you’ll be able to keep track of your application status directly!
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. This will show that you can think strategically and understand the bigger picture, which is crucial for this role.
✨Prepare for Stakeholder Questions
Expect questions about how you would collaborate with various stakeholders like HR, Finance, and Sales leaders. Think of examples from your past experiences where you successfully navigated these relationships and provided strategic guidance.
✨Champion Diversity and Inclusion
Since the role emphasises diversity, equity, and inclusion, be prepared to discuss how you've incorporated these principles into compensation design. Share specific examples of how you've promoted equitable outcomes in your previous positions.