At a Glance
- Tasks: Lead the development of innovative sales incentive plans and support global compensation execution.
- Company: Join Sabre, a cutting-edge AI technology leader in the travel industry.
- Benefits: Competitive salary, 25 vacation days, wellness programs, and global team events.
- Other info: Flexible work environment with opportunities for professional growth and community engagement.
- Why this job: Make a real impact on travel retailing while working with top industry professionals.
- Qualifications: 3-5 years in sales compensation administration and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Powering the agentic revolution in travel. Sabre is an AI-native technology leader, backed by one of the world’s largest travel data clouds. Built on an open, modular, cloud-native architecture, Sabre serves as the backbone for both established leaders and bold, new disruptors, guiding them to the next age of travel retailing through intelligent, connected, and personalized experiences. With AI at its core and operating at unparalleled scale, Sabre transforms insights into innovation, empowering airlines, hoteliers, agencies and other partners to retail, distribute and fulfill travel worldwide.
We are looking for an initiative-taking, experienced Sales Incentive planning expert to join the team. This is a unique and exciting opportunity to take part and lead the journey with us to further develop our Sales Incentive Plan. The Principal, Sales Incentive Programs will be responsible for supporting the execution and administration of our global sales compensation and incentive plans. This position will be focused on many aspects of sales incentive plans including, but not limited to, commission calculations and payments, reporting, sales target development, tracking key performance metrics, measuring plan effectiveness, and process innovation. This high visibility, vital role will report to the Sr Manager Sales Incentive plans and will work closely with our sales leadership team, HR, Finance, and Legal. The ideal candidate will be highly detailed oriented and analytical with outstanding communication and interpersonal skills.
Role and Responsibilities
- Administer sales compensation plans with key stakeholders to ensure accurate and timely performance calculations and sales compensation payouts.
- Serve as a first responder to the Sales team: research and resolve commission-related inquiries from the Sales team (e.g., system access issues, transaction disputes, credits, and payment calculations).
- Validating calculations, commission rates, metrics, participant in audits.
- Create Governance Board decks in partnership with Sr Manager.
- Partner with Finance and Sales Operations to retrieve results for incentive calculation purposes.
- Perform analysis to determine the impact to company and to the individual for any proposed changes to incentive plans for Agency line of business.
- Leverage market trends to shape Sales Incentive plans that boost employee retention rates.
- Perform external benchmarking studies to evaluate the effectiveness of our plan.
- Interpret applicable market trends, data, and conduct feasibility studies to advise leadership on necessary compensation program adjustments, improvements, and exceptions.
- Collaborate with People Business Partners and Payroll teams to process new hires, terminations, and transfers; set up new hires in line with plan policies and procedures.
- Assist with monthly and quarterly analyses to measure compensation plan performance including variance to budget, correlation between result and payouts by individual contributor and manager.
- Track compensation plan results and analyze sales Incentive plan effectiveness in achieving business goals/strategy.
- Proactively engage across Sales Business Groups to drive improvements through organizational knowledge and deep understanding of business performance.
- Participate in the process of creating recommendations through insights and modelling for stakeholder reviews, future design cycles.
Basic Qualifications
- Bachelor’s Degree (or equivalent) in Finance, Accounting, Business Administration, or similar field or equivalent experience. Master's Degree in related field preferred.
- 3-5+ years of hands-on sales compensation administration experience.
- Strong knowledge of incentive plan structures (quotas, accelerators, pay mix, and on-target earnings, excellence, pay for performance) and tools.
- Proven experience in creating, proposing & rolling out Sales Incentive Plans in large companies (SaaS business models preferred).
- Advanced Excel skills: model building, use of advanced formulas and arrays, pivot tables, data manipulation.
- Customer service oriented with the ability to collaborate with individuals at all levels of the organization to solve problems.
- Strong analytical and critical thinking skills including data manipulation and modelling.
- Curious mindset and initiative-taker; ability to interpret data and communicate message clearly and concisely.
- Impeccable interpersonal and communication skills, both written and verbal with an ability to work across an organization, developing key relationships at all levels.
- Ability to work under tight deadlines.
- Strategic thinking to anticipate potential issues and suggest creative alternatives to overcome barriers.
- Flexibility to complete tasks and attend meetings outside of work hours to meet tight deadlines and communicate information to the global team in a timely manner.
- Strong experience in process automation and improvements.
Preferred Skills/Requirements
- Experience using Salesforce, Microsoft Office products with advanced PowerPoint, Workday and other third-party tools is highly preferred.
- Experience using Einstein Analytics (Tableau CRM), Alteryx or other analytical tools is highly preferred.
- Advanced modeling in SQL experience highly regarded.
- Experience in Sales Incentive/compensation System implementation.
Benefits
- Highly competitive compensation package.
- We offer a comprehensive medical, dental and wellness program.
- 25 vacation days annually plus an extra week of vacation from December 27 to 31 every year as year end break globally.
- Formal and informal reward, recognition and acknowledgement programs.
- Lots of fun in a globally set team with a global on-boarding program.
- Local events and celebrations.
- 4 volunteering days annually, to use with your charity of choice.
- High-end IT equipment to support you from day one.
- Ample employee development events, incl. learning platforms / tools.
- Diversity and Inclusion programs worldwide.
We will give careful consideration to your application and review your details against the position criteria. You will receive separate notification as your application progresses. Please note that only candidates who meet the minimum criteria for the role will proceed in the selection process.
Principal Sales Incentive Programs employer: Sabre
At Sabre, we pride ourselves on being an exceptional employer, offering a dynamic work culture that fosters innovation and collaboration. Our commitment to employee growth is evident through ample development opportunities, competitive compensation packages, and a strong focus on diversity and inclusion. Located in a vibrant environment, our team enjoys a supportive atmosphere with global celebrations and volunteering initiatives, making Sabre not just a workplace, but a community dedicated to empowering the future of travel.
StudySmarter Expert Advice🤫
We think this is how you could land Principal Sales Incentive Programs
✨Leverage Your Network
In sales and business development, who you know can often be as important as what you know. Get involved with local networking events or industry meetups to connect with key players. Don't be shy—share your passion for the field and let folks know you're on the lookout for opportunities!
✨Show Your Skills Through Real-World Results
When targeting a full-time role like Principal Sales Incentive Programs at Sabre, presenting tangible results from your previous sales experience can set you apart. Bring along case studies or examples of how you've closed deals or expanded accounts, and don't forget to showcase your problem-solving prowess. It’s all about quantifying your success!
✨Engage with Sales Communities
Dive deep into online sales communities, like Sales Hacker or LinkedIn groups dedicated to sales professionals. Engaging in discussions and sharing insights can boost your visibility and might just put you on the radar of hiring managers looking for fresh talent in business development.
✨Direct Applications Matter
While we all know the online application route, consider sending direct applications to companies you admire, including Sabre. Tailor your message to explain why you’re drawn to them and how you can contribute as a Principal Sales Incentive Programs. Sometimes, a personal touch can grab attention faster than a generic application!
We think you need these skills to ace Principal Sales Incentive Programs
Some tips for your application 🫡
Show Off Those Sales Skills:In your CV and cover letter, highlight any previous sales or business development experience you have. Use numbers and examples to showcase your achievements – did you exceed sales targets or bring in new clients? Make those accomplishments shine!
Tailor Your Message for Sabre:When writing your cover letter, make sure to tailor your message specifically for Sabre. Show that you know the company’s mission and how your skills align with their goals in the sales landscape. This personalised touch will grab their attention!
Keep It Professional Yet Engaging:Sales is all about relationships, so while you want to maintain professionalism in your application, don’t be afraid to let your personality shine through. Engage the reader and demonstrate your enthusiastic approach to sales and business development!
Proof of Performance:Include any relevant certifications or training you’ve undertaken in sales or negotiation tactics. If you’ve attended workshops or courses, list these to showcase your commitment to professional development. This extra touch can set you apart from the competition!
How to prepare for a job interview at Sabre
✨Know Your Sales Methodologies
Brush up on popular sales methodologies like SPIN Selling or Challenger Sales. Being able to discuss these techniques and how you've applied them will show Sabre that you understand the role and can hit the ground running in the sales game.
✨Demonstrate Your Deal-Making Skills
Prepare to share stories from your past experiences where you closed deals, overcame objections, or started new client relationships. We want to show Sabre that you’re not just about numbers but also about building lasting connections in business development.
✨Prepare for Role-Play Scenarios
In a full-time sales interview, don’t be surprised if they throw in a role-play exercise to test your pitching skills. Practising how you would pitch a product or handle an objection will help us shine in this simulation—think of it like a dress rehearsal for your future sales calls!
✨Align Your Goals with the Company’s Vision
Take a moment to reflect on how your career ambitions align with Sabre’s objectives. When we articulate how our personal growth ties in with the company’s goals, it shows commitment and a genuine interest in contributing to their success.