At a Glance
- Tasks: Lead the design and evaluation of incentive compensation plans for a global pharma company.
- Company: Join a leading global pharmaceutical company focused on innovative healthcare solutions.
- Benefits: Enjoy a competitive salary, bonuses, and hybrid work options with relocation support.
- Other info: Collaborate with senior leaders and cross-functional teams to drive effective incentive strategies.
- Why this job: Make a real impact by aligning compensation strategies with business goals in a dynamic environment.
- Qualifications: Master’s degree preferred; 4+ years in pharma incentive compensation and strong analytical skills required.
The predicted salary is between 120000 - 160000 £ per year.
Associate Director, Incentive Compensation-PHARMA
Associate Director, Incentive Compensation-PHARMA
Direct message the job poster from Smith Hanley Associates
Title-Associate Director, Incentive Compensation & Design/-PHARMA
Salary -$150-200k DOE + bonus+ LTI + additional incentives
Location-Greater Boston (hybrid 3x week in office) (relo provided)
My client, a GLOBAL PHARMA COMPANY , is seeking an "Associate Director, Incentive Compensation with expertise in Design and Rewards" Professional!
Key Responsibilities
- In this position, the Associate Director will lead the design, implementation, and evaluation of IC plans and programs for a specific BU. They will work closely with senior sales and brand leadership to ensure that compensation strategies align with business goals, providing fair and motivating rewards for the sales team. The role also involves analyzing the effectiveness of the plans, ensuring continuous improvement to optimize their impact on business results.
- Will be responsible for administration and operations of IC plans. This includes managing contests, annual awards, payout calculations, and IC reporting. Will be responsible for monitoring and adjusting the effectiveness of the plans, using data analysis, feedback, and audits to ensure the incentive structures drive desired behaviors.
- The Associate Director will serve as the primary point of contact for senior commercial leaders, collaborating across departments such as forecasting, analytics, HR, and finance to develop incentive strategies. They will use data-driven insights to evaluate and refine incentive plans, ensuring they are continuously aligned with organizational goals and market dynamics.
Requirements
- Master’s degree (desired) and 4 years of experience in sales & marketing operations or data analytics within the PHARMA world
- 4+ years of experience in designing and managing PHARMA incentive compensation plans
- 5+ years of experience in sales leadership or operations in a complex organization
- Strong leadership, communication, and analytical skills with the ability to influence senior management and cross-functional teams
- Expertise in incentive compensation principles and their application to sales force dynamics
- Highly organized with the ability to manage multiple priorities and collaborate across time zones
Seniority level
-
Seniority level
Mid-Senior level
Employment type
-
Employment type
Full-time
Job function
-
Job function
Analyst, Management, and Sales
-
Industries
Pharmaceutical Manufacturing, Biotechnology Research, and Business Consulting and Services
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Associate Director, Incentive Compensation-PHARMA in Boston employer: Smith Hanley Associates
Join a leading global pharma company in Greater Boston, where you will thrive in a dynamic and collaborative work culture that values innovation and employee growth. With competitive compensation packages, including bonuses and long-term incentives, as well as opportunities for professional development, this role offers a meaningful chance to influence compensation strategies that drive business success. Experience the unique advantage of a hybrid work model, allowing for flexibility while being part of a vibrant community dedicated to excellence in the pharmaceutical industry.
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We think this is how you could land Associate Director, Incentive Compensation-PHARMA in Boston
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We think you need these skills to ace Associate Director, Incentive Compensation-PHARMA in Boston
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