At a Glance
- Tasks: Design and communicate sales incentive plans to motivate the sales team.
- Company: Join Thomson Reuters, a leader in trusted content and technology.
- Benefits: Enjoy flexible work, competitive pay, and comprehensive benefits.
- Other info: Be part of a diverse team with excellent career growth opportunities.
- Why this job: Make a real-world impact while shaping sales strategies.
- Qualifications: 7+ years in sales compensation design and strong analytical skills required.
The predicted salary is between 45000 - 55000 £ per year.
In this opportunity as a Manager, Sales Incentives Compensation, you will:
- Be responsible for designing, issuing, and communicating annual sales incentive plans to the Thomson Reuters sales organization.
- Analyze, discuss, and evaluate the incentive plans that will be designed to motivate the sales organization in a way that aligns their priorities with the organization’s goals.
- Have daily interaction with business and sales leaders to evaluate the effectiveness of the incentive plans.
- Design supplemental incentives (SPIFFs) and enforce sales policies.
- Influence key Thomson Reuters initiatives including sales role design, sales reporting, and compensation calculations.
- Have substantial exposure to sales and business leaders throughout the company, as well as close partnership with other support functions such as Finance, HR, Sales Operations, and Quota/Territory teams.
- Manage critical relationships across a diverse range of team members, often with competing priorities.
About You
- Thorough understanding of sales incentive plan structures with various types of designs and components.
- Strong interpersonal skills with the ability to give difficult messages with ability to analyze, present, describe, and defend decisions.
- Ability to lead and coach other team members.
- Ability to balance attention to detail with aligning to the big picture.
- Strong analytical skills with a propensity towards data analysis and interpretation.
- Experience leading multi-functional and geographic project teams.
- A desire to gain detailed understanding of the many Thomson Reuters products in our various business segments.
- Ability to multi-task across multiple stakeholders and deliver accurately within tight deadlines.
- Bachelor’s Degree required. MBA Preferred.
- 7+ years’ experience designing and supporting sales incentive compensation.
- Must have very strong Microsoft Office skills, with a focus on Excel.
- Must have strong Smartsheet and Microsoft Forms skills.
- Prior experience using Varicent and Salesforce is a plus.
- Good sense of humor, empathy and the ability to work well under pressure.
What’s in it For You?
- Hybrid Work Model: We’ve adopted a flexible hybrid working environment (2-3 days a week in the office depending on the role).
- Flexibility & Work-Life Balance: Flex My Way is a set of supportive workplace policies designed to help manage personal and professional responsibilities.
- Career Development and Growth: By fostering a culture of continuous learning and skill development, we prepare our talent to tackle tomorrow’s challenges.
- Industry Competitive Benefits: We offer comprehensive benefit plans to include flexible vacation, two company-wide Mental Health Days off, access to the Headspace app, retirement savings, tuition reimbursement, employee incentive programs, and resources for mental, physical, and financial wellbeing.
- Culture: Globally recognized, award-winning reputation for inclusion and belonging, flexibility, work-life balance, and more.
- Social Impact: Make an impact in your community with our Social Impact Institute.
- Making a Real-World Impact: We are one of the few companies globally that helps its customers pursue justice, truth, and transparency.
About Us
Thomson Reuters informs the way forward by bringing together the trusted content and technology that people and organizations need to make the right decisions. We serve professionals across legal, tax, accounting, compliance, government, and media.
Manager, Sales Incentive Compensation in London employer: Thomson Reuters
As an Editor at The Insurer, you will thrive in a dynamic and supportive work environment located in the heart of London, where innovation meets collaboration. Our hybrid work model promotes flexibility, allowing you to balance personal and professional commitments while benefiting from comprehensive career development programmes tailored to help you excel in your role. With a strong emphasis on social impact and employee wellbeing, we offer competitive benefits that include mental health days, volunteer opportunities, and resources for your overall wellness, making us an exceptional employer for those seeking meaningful and rewarding employment.
StudySmarter Expert Advice🤫
We think this is how you could land Manager, Sales Incentive Compensation in London
✨Get Involved in Industry Events
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We think you need these skills to ace Manager, Sales Incentive Compensation in London
Some tips for your application 🫡
Show Us Your Leadership Skills:In the corporate leadership and management field, it's essential to highlight your leadership experience. Use your CV to flesh out examples of how you've led teams to success or managed significant projects. We want to see specific instances where your actions made a tangible difference in your previous roles!
Quantify Your Achievements:Numbers talk, especially in management! When detailing your achievements in your CV or cover letter, don’t just say you improved team performance. Instead, say you boosted productivity by 30% over six months through effective strategy implementation. This makes your application pop and shows us what you can bring to Thomson Reuters.
Craft a Compelling Cover Letter:Your cover letter is your chance to narrate your professional journey. We’re looking for motivation and a clear understanding of what corporate leadership means to you. Dive into your aspirations and how they align with the values and vision of Thomson Reuters. Make it personal – we want to get to know you!
Tailor Your CV for Management Roles:Ensure your CV reflects the management skills that are essential for this role. Focus on competencies like strategic planning, team building, and problem-solving. Use a clean layout, and don’t forget to align your experiences with those keywords mentioned in the job listing. This will help you stand out from the crowd!
How to prepare for a job interview at Thomson Reuters
✨Showcase Your Leadership Style
You’ll want to thoroughly convey your unique approach to leadership. During the interview with Thomson Reuters, be ready to share real-life examples of how you've inspired and motivated teams in the past. Think about specific achievements that illustrate your strategic thinking and your ability to drive results.
✨Brush Up on Management Theories
Expect some technical questions related to management theories and practices. Brush up on concepts like transformational leadership, servant leadership, or situational leadership. Be prepared to discuss how you would apply these theories to the role at Thomson Reuters, especially in the specific context of the challenges they’re currently facing.
✨Craft Your Vision for the Company
Since this is a full-time leadership role, spending time thinking about your vision for Thomson Reuters could really set you apart. Consider potential strategies for growth and how you would lead teams towards achieving them. This shows not just enthusiasm, but also strategic foresight that they’ll likely be looking for in a candidate.
✨Emphasise Team Dynamics and Culture
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