- Develop, implement, and manage global compensation strategies that align with business objectives and drive sales performance.
- Design and administer sales incentive plans and bonus schemes to motivate and reward sales teams, ensuring fairness across regions and business units.
- Conduct regular evaluations of sales compensation programs to assess effectiveness, identify areas for improvement, and make data-driven recommendations to optimize plans.
- Collaborate with cross-functional teams, including Sales, Finance, and HR, to ensure alignment of compensation strategies with overall business goals and objectives.
- Stay abreast of industry best practices, market trends, and regulatory requirements related to compensation and sales incentives, and proactively recommend adjustments as needed.
- Manage the communication and training efforts related to compensation programs, ensuring understanding and buy-in from key stakeholders.
- Partner with HR and Talent Acquisition teams to ensure consistency in compensation practices, including job leveling and salary benchmarking, across the organization.
- Provide guidance and support to regional compensation teams, serving as a subject matter expert on sales compensation matters.
- Bachelor's degree in Business Administration, Human Resources, Finance, or related field; Master's degree preferred.
- 8+ years of experience in compensation analysis, with a minimum of 5 years focusing on sales incentive plans and bonus schemes, preferably in a global or multi-national organization.
- Strong understanding of compensation practices, sales performance metrics, and incentive plan design.
- Proficiency in data analysis and modeling, with advanced skills in Excel or other analytical tools.
- Excellent communication and interpersonal skills, with the ability to collaborate effectively across teams and influence decision-making at all levels of the organization.
- Demonstrated ability to manage multiple projects simultaneously and drive results in a fast-paced, dynamic environment.
- Certified Compensation Professional (CCP) designation preferred.
- Experience with compensation software and systems (e.g., SAP SuccessFactors, Workday) is a plus.
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Compensation Manager - Minneapolis, United States - Nilfisk Group
Description
Nilfisk, Inc. is seeking a talented and experienced Compensation Manager to join our global People, Organization & Culture team. As a Compensation Manager, you will play a crucial role in developing and implementing compensation strategies across our international operations, with an initial focus on sales incentive plans and bonus schemes. This role requires a strategic thinker with a deep understanding of compensation practices, sales performance metrics, and global market trends.
Responsibilities:
Clean is changing. Today, cleaning is a key contributor to health and safety, and a new clean is emerging, driven by technology and innovation. At Nilfisk we are a driving force in this development, and we work as one team with one agenda, supporting each other across an exciting, dynamic organization. Being part of Nilfisk means having the freedom to speak your mind and do what you do best. You will thrive by having a hands-on approach and the drive to bring your great ideas to life. At Nilfisk you can lead, innovate and collaborate for a cleaner future. Are you ready to make a change?
We embrace diversity and equality with an environment of inclusion. We encourage everyone to apply for the position, regardless of origin, race, ethnicity, religion, physical or mental ability, gender, gender-identity or expression, sexual orientation, and age.
Nilfisk offers a competitive total compensation package. Benefits include Health, Dental, Vision, Basic and Supplemental Life, Critical Illness and Accident Insurance, Flexible Spending Accounts, Health Savings Account with Company Contribution, 401K with Company Match, Long and Short Term Disability, Employee Assistance Program, Legal Plan, Parental Leave, Paid Vacation and Sick Time, Paid Volunteer Day, Tuition Reimbursement, Wellness Reimbursement, Scholarship opportunities, etc.
Job applicant FAQ
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EEO is the Law
Nilfisk, Inc. is an Equal Opportunity and Affirmative Action employer committed to creating a diverse workforce. We consider all qualified applicants without regard to race, religion, sex, national origin, age, sexual orientation, gender identity, disability, or veteran status, among other factors. Applicants can learn more about our status as an Equal Employment Opportunity/Affirmative Action employer by viewing the federal KNOW YOUR RIGHTS EEO poster.
