Flexible Incentive Compensation Jobs in Chicago, IL

This is where your work makes a difference.
At Baxter, we believe every person-regardless of who they are or where they are from-deserves a chance to live a healthy life. It was our founding belief in 1931 and continues to be our guiding principle. We are redefining healthcare delivery to make a greater impact today, tomorrow, and beyond.
Our Baxter colleagues are united by our Mission to Save and Sustain Lives. Together, our community is driven by a culture of courage, trust, and collaboration. Every individual is empowered to take ownership and make a meaningful impact. We strive for efficient and effective operations, and we hold each other accountable for delivering exceptional results.
Here, you will find more than just a job-you will find purpose and pride.
Your Role at Baxter
As a Senior Analyst, Incentive Compensation Enablement, you will play a key role in supporting the execution, enablement, and continuous improvement of Baxter's Incentive Compensation (IC) programs and systems. You will help ensure accurate and timely incentive compensation delivery while driving operational excellence, user adoption, and process improvements. In this role, you will combine analytical expertise, attention to detail, and cross-functional collaboration to support compensation programs that enable and motivate our commercial teams.
Your Team
You will be part of the Global Commercial Excellence organization, reporting to the Manager, Incentive Compensation Enablement. Working closely with Sales Operations, Finance, Human Resources, IT, and Data & Analytics teams, you will support critical incentive compensation processes and systems across the organization. You will serve as a trusted partner to both internal stakeholders and field sales users, helping ensure seamless execution and continuous improvement of IC operations.
What You'll Be Doing

• Support day-to-day operation of incentive compensation platforms and execute monthly/quarterly IC cycles, including data loads, validation activities, calculation reviews, and readiness processes to ensure accurate and timely payouts.
• Monitor system performance, troubleshoot issues, and coordinate resolution with internal and external technology partners to maintain reliable IC operations.
• Perform validation, reconciliation, and reasonability checks on credits, calculations, and payouts while partnering with Data & Analytics to resolve data issues and maintain execution quality.
• Maintain audit-ready controls, documentation, assumptions, and process records to support governance and compliance requirements.
• Develop and maintain training materials, SOPs, and process documentation; support onboarding and ongoing user training while serving as a key point of contact for inquiries and issue resolution.
• Support IC-related projects, system upgrades, enhancements, and transformation initiatives through requirements gathering, user acceptance testing (UAT), and implementation activities.
• Identify opportunities to improve automation, system functionality, operational processes, and overall user experience.
• Partner with Sales Operations, Finance, HR, IT, and Data & Analytics to resolve operational issues, communicate risks and dependencies, and support informed decision-making.

What You'll Bring

• Bachelor's degree in Business, Finance, Economics, Data Analytics, Information Systems, or a related field; equivalent combinations of education and experience will be considered.
• 3+ years of experience in Incentive Compensation, Sales Operations, Finance, Commercial Operations, or similar business functions.
• Strong experience working with operational data, including validation, reconciliation, issue identification, and quality assurance processes.
• Demonstrated analytical, problem-solving, and organizational skills with strong attention to detail and the ability to manage multiple priorities in a deadline-driven environment.
• Experience with enterprise systems such as Sales Performance Management (SPM), CRM, or other business platforms, with preferred experience in Varicent, Xactly, SPIFF, Anaplan, or similar solutions.
• Strong communication, stakeholder management, and cross-functional collaboration skills, with the ability to support users and drive alignment across teams.
• Preferred experience with Salesforce, Power BI, Tableau, or similar reporting and analytics tools, as well as supporting system implementations and enhancements.
• Experience creating training materials, SOPs, and process documentation, ideally within global or highly cross-functional business environments.

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a required minimum number of days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission. The flexible workplace policy is subject to local laws and legal requirements. At its discretion, Baxter may decide to adjust, suspend, or discontinue as business needs change.
We understand compensation is an important factor as you consider the next step in your career. At Baxter, we are committed to equitable pay for all employees, and we strive to be more transparent with our pay practices. The estimated base salary for this position is $80,000 to $110,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than of the anticipated range based upon market data and other factors, all of which are subject to change. Individual pay is based on upon location, skills and expertise, experience, and other relevant factors. This position may also be eligible for discretionary bonuses. For questions about this, our pay philosophy, and available benefits, please speak to the recruiter if you decide to apply and are selected for an interview.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment visa at this time.
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US Benefits at Baxter (except for Puerto Rico)
This is where your well-being matters. Baxter offers comprehensive compensation and benefits packages for eligible roles. Our health and well-being benefits include medical and dental coverage that start on day one, as well as insurance coverage for basic life, accident, short-term and long-term disability, and business travel accident insurance. Financial and retirement benefits include the Employee Stock Purchase Plan (ESPP), with the ability to purchase company stock at a discount, and the 401(k) Retirement Savings Plan (RSP), with options for employee contributions and company matching. We also offer Flexible Spending Accounts, educational assistance programs, and time-off benefits such as paid holidays, paid time off ranging from 20 to 35 days based on length of service, family and medical leaves of absence, and paid parental leave. Additional benefits include commuting benefits, the Employee Discount Program, the Employee Assistance Program (EAP), and childcare benefits. Join us and enjoy the competitive compensation and benefits we offer to our employees. For additional information regarding Baxter US Benefits, please speak with your recruiter or visit our Benefits site: Benefits | Baxter
Equal Employment Opportunity
Baxter is an equal opportunity employer. Baxter evaluates qualified applicants without regard to race, color, religion, gender, national origin, age, sexual orientation, gender identity or expression, protected veteran status, disability/handicap status or any other legally protected characteristic.
Know Your Rights: Workplace Discrimination is Illegal
Reasonable Accommodations
Baxter is committed to working with and providing reasonable accommodations to individuals with disabilities globally. If, because of a medical condition or disability, you need a reasonable accommodation for any part of the application or interview process, please click on the link here and let us know the nature of your request along with your contact information.
Recruitment Fraud Notice
Baxter has discovered incidents of employment scams, where fraudulent parties pose as Baxter employees, recruiters, or other agents, and engage with online job seekers in an attempt to steal personal and/or financial information. To learn how you can protect yourself, review our Recruitment Fraud Notice.