Sales Compensation Strategy Professional

Siemens Healthineers; Knoxville (TN); On-site; USD 92,900 - 139,300; Full time

Benefits offered by this job

Medical benefits

401(k) savings plan

Paid time off

Job summary

A leading medical technology company in Knoxville is seeking a Sales Compensation Strategy Professional to optimize and design incentive compensation plans. The ideal candidate should have strong analytical skills, a background in compensation design, and proficiency in tools like Excel and SQL. This role offers a salary between $92,900 and $139,300, along with comprehensive benefits.

Qualifications

• 3 - 5 years of experience in compensation design, preferably within B2B or scientific/technical industries.
• Proficiency with compensation analysis tools and/or analytical software.
• Basic understanding of compliance, pay equity, and regulatory considerations.

Responsibilities

• Design, evaluate, and refine incentive compensation plans across sales, operations, and support functions.
• Conduct in-depth market research and competitive benchmarking.
• Build and maintain performance dashboards and reporting tools.

Skills

Analytical capabilities

Compensation design frameworks

Market research

CRM/Sales Performance Management platforms

Education

Bachelor's degree in Finance, Human Resources, Business Analytics, or related field

Master’s or CCP certification

Tools

Excel

SQL

Tableau

Power BI

Job description

Sales Compensation Strategy Professional

We are seeking a data-driven and strategic Compensation Strategy Professional – Point of Care to design, optimize, and report on incentive compensation plans for our point of care business. This role ensures compensation structures align with business goals, market trends, and industry best practices, with an emphasis on sales and operational performance. The ideal candidate will bring strong analytical capabilities, a working knowledge of compensation design frameworks, and the ability to translate data into actionable insights.

Key Responsibilities

• Compensation Plan Design (70%)
  • Design, evaluate, and refine incentive compensation plans across sales, operations, and support functions in alignment with business strategy.
  • Conduct in-depth market research and competitive benchmarking to ensure plans are equitable, attractive, and aligned with industry standards.
  • Collaborate with business unit leaders, Finance, and HR Business Partners to understand goals and ensure compensation plans drive the desired performance.
  • Ensure compliance with legal and regulatory standards in compensation design and pay equity.
  • Continuously monitor compensation trends within the life sciences, laboratory services, and adjacent industries.
  • Collaborate with Commissions Administration to ensure successful execution of sales compensation plans.
  • Provide ongoing analytics to evaluate the success of the compensation plans and provide recommendations for next year’s plans.
  • Design / evaluate additional compensation such as SPIFs, special bonuses, etc.
• Performance Reporting & Analytics (30%)
  • Build and maintain performance dashboards and reporting tools to track incentive plan effectiveness, ROI, and alignment with KPIs.
  • Partner with Finance and Sales Operations to ensure accurate and timely reporting of individual and team performance metrics.
  • Develop and maintain compensation models, simulations, and scenario analyses to forecast plan outcomes and budget impact.
  • Prepare regular performance reports and compensation insights for senior leadership and stakeholders.
  • Analyze historical and real-time performance data to recommend plan adjustments and strategic improvements.

Preferred Skills

• Experience in the life sciences, diagnostics, or laboratory services sector.
• Strong analytical mindset and modeling capabilities.
• Familiarity with CRM/Sales Performance Management platforms (e.g., Shareville, Varicent, etc).
• Strong business acumen with the ability to link compensation strategies to operational and sales goals.

Qualifications

• Bachelor's degree in Finance, Human Resources, Business Analytics, or related field (analytical). Master’s or CCP certification a plus.
• 3 - 5 years of experience in compensation design, preferably within B2B or scientific/technical industries.
• Proficiency with compensation analysis tools and/or analytical software (e.g., Excel, SQL, Tableau, or Power BI).
• Basic understanding of compliance, pay equity, and regulatory considerations.

Who we are

We are a team of more than 73,000 Healthineers in more than 70 countries. As a leader in medical technology, we push the boundaries to create better outcomes and experiences for patients, no matter where they live. Our portfolio supports clinical decision-making and treatment pathways.

How we work

When you join Siemens Healthineers, you become part of a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists who believe in each individual’s potential to contribute. We work together to pioneer breakthroughs in healthcare for everyone, everywhere, sustainably.

Compensation & Benefits

The annual base pay for this position ranges from Min $92,900 to Max $139,300. Factors that may affect starting pay include geography, skills, education, experience, and other qualifications. If this is a commission-eligible position, commissions are based on individual and/or company performance. The Company offers benefits including medical, dental, vision, 401(k), life insurance, long-term and short-term disability, paid time off, and more, subject to eligibility.

Equal Employment Opportunity

Siemens Healthineers is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, disability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender identity or expression, or other protected statuses as defined by law.

Additional notices

Please note: California Privacy Notice, Export Control, Data Privacy, and reasonable accommodation information are provided in company notices. For applicant support or accommodations, refer to the HR contact information in the posting.