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Incentive Compensation information

See Minnesota salary details

$34.8K

$112.4K

$166K

How much do incentive compensation jobs pay per year?

As of Sep 2, 2026, the average yearly pay for incentive compensation in Minnesota is $112,368.00, according to ZipRecruiter salary data. Most workers in this role earn between $94,000.00 and $129,800.00 per year, depending on experience, location, and employer.

What is an incentive compensation?

An Incentive Compensation job involves designing, managing, and analyzing compensation programs that motivate employees to achieve business goals. Professionals in this field create commission structures, bonuses, and performance-based rewards to align employee efforts with company objectives. They also ensure compliance with regulations, optimize compensation plans for effectiveness, and collaborate with HR and finance teams. This role requires strong analytical skills, knowledge of compensation strategies, and an understanding of business performance metrics.

What are the key skills and qualifications needed to thrive in incentive compensation roles?

Succeeding in Incentive Compensation requires strong analytical abilities, proficiency in compensation plan design, and a solid understanding of finance or business administration, often supported by a relevant degree. Expertise in Excel, HRIS systems, and compensation management software such as Xactly or CallidusCloud is highly valued, along with certifications like CCP (Certified Compensation Professional). Excellent communication, attention to detail, and the ability to collaborate cross-functionally help professionals thrive in this role. These skills are crucial to ensure accurate and motivating incentive programs that align sales and business objectives while minimizing errors and fostering employee engagement.

What are some typical challenges faced by professionals in incentive compensation roles?

One of the most common challenges in Incentive Compensation positions is ensuring the accuracy and timeliness of complex payout calculations, especially when working with large sales teams or intricate compensation plans. Managing multiple stakeholders, such as finance, HR, and sales leadership, and adapting to frequent business changes or plan updates can also be demanding. Additionally, professionals need to effectively communicate compensation plan details and results to employees, sometimes translating technical information for a general audience. Successfully overcoming these challenges requires a mix of technical expertise, problem-solving skills, and strong interpersonal abilities.

What are popular job titles related to Incentive Compensation jobs in Minnesota?

For Incentive Compensation jobs in Minnesota, the most frequently searched job titles are:

What job categories do people searching Incentive Compensation jobs in Minnesota look for?

The top searched job categories for Incentive Compensation jobs in Minnesota are:

Incentive Compensation jobs near you
Infographic showing various Incentive Compensation job openings in Minnesota as of August 2026, with employment types broken down into 81% Full Time, and 19% Part Time. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $112,368 per year, or $54 per hour.

Accountant, Incentive Compensation

Northmarq

Minneapolis, MN • On-site

$65K - $85K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 27 days ago

Job description

At Northmarq, you can be part of something special. Northmarq is a unique capital markets resource for commercial real estate investors, providing our clients access to experts in debt, equity, investment sales, loan servicing, and fund management. We offer you a career path with best-in-class training, and we foster inclusive teams committed to collaboration, mentoring, and growth. At Northmarq, we will help you unlock your potential - whether you are an industry veteran or you're just getting started. Your new career is waiting. Start something special today. Northmarq was voted by Real Estate Forum as one of The Best Places to Work in Commercial Real Estate!
Northmarq is seeking an Accountant, Incentive Compensation to join the Finance & Accounting department in its Bloomington, MN headquarters office. In this role, you will support end-to-end incentive compensation accounting-calculating commissions across multiple plans, reconciling supporting schedules, ensuring accurate accruals and expense entries, and partnering closely with HR and Business Operations to resolve payroll and plan-related questions. Success requires strong attention to detail, the ability to navigate and maintain moderately advanced spreadsheets and systems, and clear, proactive communication when identifying issues, researching root causes, and driving process improvements.
*This role supports a flexible schedule that prioritizes in-office teamwork, with flexibility for remote work when appropriate.
Northmarq does not provide immigration sponsorship for this position. Candidates must possess unrestricted authorization to work in the U.S. for any employer, without the need for sponsorship now or in the future, to be considered for this position.
Specific Responsibilities
  • Calculate incentives for multiple business lines and compensation plans in the compensation calculation platform. Become an expert of the platform, developing both technical knowledge and a comprehensive understanding for effective management.
  • Thoroughly read, interpret and understand plan documents. Document key data points as necessary.
  • Ensure compensation related and benefits accruals and expense entries are recorded, are accurate and complete and are in compliance with accounting policies.
  • Reconcile supporting schedules for compensation related and benefits accruals, expense and related accounts. This includes identifying discrepancies, proactively researching root causes, and suggesting effective solutions
  • Collaborate with HR and Business Operations to resolve payroll, incentive, and plan-related inquiries. Escalate urgent or higher risk situations to F&A leadership timely.
  • Process payroll and bonus related wires
  • Continuously review processes for improvement and efficiency gains
  • Provide support for budgeting and forecasting processes, as well as assistance to F&A team, as assigned.
Education and Work Experience
  • Bachelor's degree In Accounting or Finance required.
  • 2+ years of relevant accounting/finance experience.
  • Understanding of commercial real estate and mortgage banking preferred.
  • Strong attention to detail and accuracy
  • Technical ability to navigate, maintain, and update moderately advanced spreadsheets and systems
  • Proactive in identifying, researching, and solving problems
  • Exceptional communication skills with both internal and external customers
  • Commitment to providing outstanding customer service while maintaining company compliance and risk mitigation
  • Ability to work with confidential and sensitive information
  • Curious, eager to learn, and willing to support cross-functional projects
  • Continuous improvement mindset, always seeking efficiency opportunities

Northmarq offers a highly competitive benefits package including: medical, dental, vision, paid time off, 401K match and an annual discretionary contribution based on business performance, paid parental leave and adoption assistance, education assistance, volunteer paid time off, charitable contribution match and so much more!
Northmarq carefully considers multiple factors to determine compensation, including a candidate's education, training, and experience. The salary range for the Accountant, Incentive Compensation position is $65,000.00 to $85,000.00 annually. This range is a good faith estimate and the actual compensation that is offered to a successful candidate will depend on the candidate's skills, qualifications, and experience.
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