Sales Compensation Administration Analyst

Medtronic; Fridley (MN); On-site; USD 68,000 - 102,000; Full time

Benefits offered by this job

Health insurance

401(k) plan

Tuition assistance

Paid time off

Employee stock purchase plan

Job summary

Medtronic is seeking a Sales Compensation Administration Analyst to support end-to-end commission processing, analytics, and system enhancements within the Varicent environment. You will partner with IT, Sales Finance, and Total Rewards to ensure accurate calculations, audits, and compliant processes across multiple operating units.

This role requires a 2+ year background in compensation or finance, strong Excel skills, and experience with compensation systems.

Qualifications

• Bachelor’s degree and 2+ years of compensation, payroll, or finance experience.
• Experience with compensation systems and data analysis.
• Strong collaboration across functions and attention to detail.

Responsibilities

• Administer commission and incentive processing within the Varicent system.
• Support promotions, compensation changes, and incentive programs.
• Partner with IT to maintain and enhance compensation systems.
• Gather requirements and support system enhancements and reporting.
• Develop test plans and perform validation for calculations and reports.

Skills

Excel

Data analysis

Attention to detail

Confidentiality

Education

Bachelor's degree

Advanced degree

Tools

Varicent

Workday

Job description

We anticipate the application window for this opening will close on - 9 Oct 2026Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first — developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.A Day in the LifeThe U.S. Sales Compensation team supports 11 Operating Units across Medtronic’s Cardiovascular and Neuroscience portfolios, as well as the Global Commercial Office. The team administers sales compensation programs, maintains commission systems, supports compliance activities, and partners with Sales Finance, Total Rewards, and Information Technology (IT) to ensure accurate and effective compensation operations.As a Sales Compensation Administration Analyst, you will support the administration, analysis, and continuous improvement of sales compensation programs and systems. You will partner with cross-functional stakeholders to ensure accurate commission processing, maintain system integrity, support audits and compliance activities, and help deliver enhancements that improve sales compensation operations.At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We’re working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.Primary ResponsibilitiesAdminister commission and incentive compensation processing within the Varicent system.Support sales employee promotions, compensation changes, and sales incentive programs.Partner with Information Technology (IT) to maintain and enhance sales compensation systems and processes.Gather business requirements and support the implementation of system enhancements and reporting improvements.Develop and execute test plans, test scripts, and validation activities for commission calculations, system updates, and reports.Provide analytical support and reporting for business partners and stakeholders.Complete monthly and quarterly commission audits and Sarbanes-Oxley (SOX) control activities.Document and maintain compensation processes, procedures, and workflow standards while identifying opportunities for process improvement.Required QualificationsBachelor’s degree and 2+ years of compensation, payroll, or finance experience OR Advanced degree.Preferred QualificationsExperience supporting compensation, payroll, finance, or related business processes.Experience working with data, reporting, audits, or business process administration.Experience collaborating across functions to support operational or system-related initiatives.Experience with Varicent, Workday, or other compensation management systems.Advanced proficiency in Microsoft Excel and experience using Microsoft Word, PowerPoint, and Outlook.Experience with analytical tools and quantitative or qualitative data analysis techniques.Experience supporting customer-facing or high-interaction business environments requiring confidentiality and attention to detail.Knowledge of Medtronic products, business functions, sales policies, and compensation processes.For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. § 214.2(h)(4)(iii)(A) is required.Physical Job RequirementsThe above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.U.S. Work Authorization & SponsorshipAt Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.Recruitment Fraud AlertWe are aware of phishing scams targeting job seekers. Please keep the following in mind:Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses.Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at [e-mail] .Benefits & CompensationMedtronic offers a competitive Salary and flexible Benefits PackageA commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.Salary ranges for U.S (excl. PR) locations (USD):$68,000.00 - $102,000.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).The base salary range is applicable across the United States, excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience, certification/education, market conditions, and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance , Health Savings Account , Healthcare Flexible Spending Account , Life insurance, Long-term disability leave , Dependent daycare spending account , Tuition assistance/reimbursement , and Simple Steps (global well-being program).The following benefits and additional compensation are available to all regular employees: Incentive plans, 401(k) plan plus employer contribution and match , Short-term disability , Paid time off , Paid holidays , Employee Stock Purchase Plan , Employee Assistance Program , Non-qualified Retirement Plan Supplement (subject to IRS earning minimums) , and Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.Further details are available at the link below:Medtronic benefits and compensation plansIt is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.If you are applying to perform work for Medtronic, Inc. (“Medtronic”) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can find here a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.