Related content
Why join Stryker?
Looking for a place that values your unique talents? Discover Stryker's award-winning culture. We are proud to offer you 12 paid holidays annually. For an overview of our benefits and time off, please follow this link to learn more: US Stryker employee benefits
Job description
*This role will be on a hybrid schedule, with the expectation to be onsite at our Portage office 1-2 days/week
The Sr. Compensation Analyst is responsible for leading the design, administration, and analysis of sales compensation programs, ensuring compliance, accuracy, and effectiveness while resolving discrepancies and maintaining up-to-date documentation. The role also leads cross-functional collaboration, data analysis, and supporting ad hoc projects to optimize reporting, processes, and incentive outcomes.
What you will do:
- Enhance processes, metrics, and responsibilities to improve efficiency, accuracy, and sales growth
- Leads the design, analysis and administration of sales compensation programs
- Works closely with Sales, Sales Operations, Finance, and HR/Legal teams to ensure accurate incentive plan administration, compliance, and results
- Compiles, calculates and processes commission and incentive pay for the business sales organization
- Develop, maintain, and update systems and processes critical to the reporting and tracking of compensation metrics
- Lead the review and analysis of sales compensation data and summarizes findings for management
- Perform research and analysis to identify and resolve compensation discrepancies related to various financial and/or business partner data
- Act as a subject matter expert on company sales commission and incentive policies
- Lead Cross-functional collaboration to refine and enhance sales compensation processes
- Ensure plan documents, business rules and other documentation are updated with latest compensation rules and guidelines
- Implement compensation plan documents and sales incentive training programs
- Monitor sales compensation programs outcomes, ensuring adherence of participants and the effectiveness of plans
- Lead ad hoc projects and reports requested by sales management and corporate leadership including, but not limited to: quarterly projection files, financial accruals, compensation metrics and trends, etc
What you need:
- Bachelor's degree required
- 2+ years of relevant experience required
Preferred:
- Prefer advanced experience using MS Office Suite, specifically Excel
- Experience using Callidus, Power BI preferred
- Demonstrated ability to perform thorough, quantitative, and qualitative analyses using applicable technology tools
- Self-motivated with the ability to multitask and work in a dynamic, fast-paced environment
Health benefits include: Medical and prescription drug insurance, dental insurance, vision insurance, critical illness insurance, accident insurance, hospital indemnity insurance, personalized healthcare support, wellbeing program and tobacco cessation program. Financial benefits include: Health Savings Account (HSA), Flexible Spending Accounts (FSAs), 401(k) plan, Employee Stock Purchase Plan (ESPP), basic life and AD&D insurance, and short-term disability insurance. Stryker offers innovative products and services in MedSurg, Neurotechnology and Orthopaedics that help improve patient and healthcare outcomes. Alongside its customers around the world, Stryker impacts more than 150 million patients annually. Depending on customer requirements employees and new hires in sales and field roles that require access to customer accounts as a function of the job may be required to obtain various vaccinations as an essential function of their role.
Apply Now