Incentive Compensation Design Manager

Syneos Health Commercial Solutions; Princeton (NJ); On-site; USD 80,000 - 110,000; Full time

Job summary

An established industry player is seeking a driven Incentive Compensation Design Manager to spearhead the design and implementation of innovative compensation programs. This role is pivotal in ensuring fairness and competitiveness in compensation across various departments. You will leverage advanced Excel skills and experience with incentive compensation platforms to deliver insightful analyses and reports. Join a dynamic team that values diversity and fosters professional growth while making a significant impact on organizational success. If you are resourceful, detail-oriented, and thrive in a fast-paced environment, this opportunity is perfect for you.

Qualifications

• 5+ years of experience in incentive compensation management.
• Strong analytical and financial analysis skills required.

Responsibilities

• Design and implement compensation programs that align with company goals.
• Analyze data and create reports on incentive plan performance.

Skills

Microsoft Excel

Microsoft Office Suite

Incentive Compensation Platforms

Database Query Skills

Analytical Skills

Communication Skills

Problem-Solving Skills

Education

Bachelor's degree in HR, finance, psychology, or related field

Master's degree

Tools

Varicent

Xactly

Oracle SPM

SAP

Anaplan

Microsoft Access

SQL

Job description

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Description

You’re driven, resourceful, and above all else - remarkably smart.

In this role, you will be responsible for designing, recommending, implementing, and maintaining compensation programs, policies, and procedures that support the achievement of company objectives. This includes managing compensation plans for internal departments (business development, recruiting, leadership) and client teams as required.

You will deliver fair, innovative, competitive, and performance-driven compensation solutions across the organization. Responsibilities include program analysis, creation, maintenance, administration, data analysis, and reporting, along with providing professional and technical support.

Key Responsibilities:

1. Serve as the primary contact and subject matter expert for incentive compensation (IC) services, including design, requirements gathering, documentation, timeline development, quality control, and administrative coordination.
2. Produce clear narratives, documents, and visualizations (charts, dashboards) to communicate measurement plans, findings, and recommendations to stakeholders.
3. Develop and maintain project documentation, including scope documents.
4. Lead the design of IC initiatives.
5. Process information and data to create reports on incentive plan performance and improvements.
6. Train leadership and business partners on incentive plans.
7. Meet with management to establish and review performance metrics.
8. Prepare workflow diagrams describing input, output, and operations.
9. Perform other projects as assigned.

Required Knowledge, Skills, and Abilities:

• Advanced proficiency in Microsoft Excel (formulas, pivot tables, power pivot).
• Proficiency with Microsoft Office suite (Word, PowerPoint, Outlook).
• Experience with incentive compensation platforms (Varicent, Xactly, Oracle SPM, SAP, Anaplan, etc.).
• Database query skills (e.g., Microsoft Access, SQL).
• Ability to manage multiple priorities in a fast-paced environment.
• Excellent organization, attention to detail, and communication skills.
• Ability to create professional reports and visual materials.
• Strong facilitation, analytical, critical thinking, and problem-solving skills.
• Understanding of how compensation issues impact other departments.

Qualifications:

• Bachelor's degree in HR, finance, psychology, or related field; Master's preferred.
• At least 5 years of professional experience in incentive compensation.
• Strong data and financial analysis skills; advanced MS Office skills.
• Mandatory previous experience with compensation reporting.

At Syneos Health, we value diversity and encourage all qualified candidates to apply, including those with transferable skills. Join our Talent Network to explore more opportunities.