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Sales Compensation In Pharma Jobs in Florida (NOW HIRING)

Act as a strategic player in sales compensation, proactively identifying opportunities for improvement and correction in current sales plans. Drive strategic initiatives that align compensation ...

Strategic Leadership~ Act as a strategic player in sales compensation, proactively identifying opportunities for improvement and correction in current sales plans. Drive strategic initiatives that ...

Founded in 2000, Kaseya has built a culture centered around innovation, accountability, and results ... Partner with Sales Strategy and Sales Operations to operationalize compensation plans, quotas ...

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We are the leader in our industry, achieving double-digit growth by helping clients make the right ... sales compensation plans and strategic plan design innovations What you'll need: * Bachelor ...

We are the leader in our industry, achieving double-digit growth by helping clients make the right ... of sales compensation plans and strategic plan design innovations What you'll need: Bachelor ...

Director of Compensation

Miami, FL ยท On-site

$119K - $163K/yr

As a leader in outsourced aviation logistics, we're built on a foundation of safety , service ... Design and administer annual incentive, bonus, sales compensation, and recognition programs.

Director of Compensation

Miami, FL ยท On-site

$119K - $163K/yr

As a leader in outsourced aviation logistics, we're built on a foundation of safety , service ... Design and administer annual incentive, bonus, sales compensation, and recognition programs.

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Sales Compensation In Pharma information

What is the difference between Sales Compensation In Pharma vs Pharmaceutical Sales Representative?

AspectSales Compensation In PharmaPharmaceutical Sales Representative
CredentialsTypically requires a bachelor's degree in life sciences, marketing, or related fieldsUsually requires a bachelor's degree, often in life sciences or related areas
Work EnvironmentCorporate offices, sales teams, and client meetingsHospital, clinic, and healthcare provider visits
Employer & Industry UsageUsed across pharmaceutical companies for sales roles involving compensation planningCommonly used to describe field sales roles in pharma companies
Comparison Search IntentHigh overlap in compensation structures and sales rolesFocuses on direct sales activities and client interactions

Sales Compensation In Pharma refers to the structured pay plans for sales teams, including bonuses and incentives, often involving complex compensation models. Pharmaceutical Sales Representatives focus on promoting products directly to healthcare providers. While both roles involve sales in the pharma industry, the former emphasizes compensation strategies, whereas the latter emphasizes direct sales activities.

What is sales compensation in pharma?

Sales compensation in pharma refers to the structured pay and incentive plans designed for pharmaceutical sales representatives and teams. These plans typically combine a base salary with variable components such as bonuses or commissions tied to sales targets, product launches, or territory growth. The aim is to motivate sales professionals to achieve organizational goals while remaining compliant with industry regulations. Pharmaceutical companies often adjust these compensation structures to align with market changes, product portfolios, and legal guidelines to ensure ethical sales practices.

How does a sales compensation professional in the pharmaceutical industry typically collaborate with sales leaders and finance teams?

Sales Compensation professionals in pharma work closely with sales leaders to design and manage incentive plans that drive performance and align with business goals. They also partner with finance teams to ensure compensation budgets are met and to analyze the financial impact of various incentive structures. Regular communication and data sharing among these groups are essential to ensure transparency, compliance, and the effectiveness of compensation strategies. This collaborative approach helps balance motivating the salesforce with maintaining fiscal responsibility.

What are the key skills and qualifications needed to thrive as a sales compensation professional in pharma, and why are they important?

To thrive as a Sales Compensation professional in Pharma, you need expertise in compensation design, analytics, and a solid understanding of pharmaceutical sales operations, typically supported by a degree in business, finance, or a related field. Familiarity with compensation management software (like Xactly or SAP SuccessFactors), strong Excel skills, and experience with CRM systems are highly valuable. Exceptional attention to detail, communication, and problem-solving skills help you collaborate across departments and address complex compensation scenarios. These abilities ensure fair, motivating, and compliant compensation plans that drive sales performance and support organizational goals.

What is the typical compensation structure in sales compensation in pharma?

Sales compensation in pharma typically combines a base salary with performance-based incentives such as commissions or bonuses tied to sales targets. Compensation structures often include tiered commissions, product-specific bonuses, and sometimes non-monetary rewards, with total earnings varying based on experience, territory, and company policies.
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Sales Compensation & Commission Analyst II - Remote

USAble Life

Jacksonville, FL โ€ข Remote

$55K - $77K/yr

Full-time

Retirement

Re-posted 7 days ago


Job description

When it comes to making a meaningful difference in the lives of our customers and employees, USAble Life is always ready.ย  We are a diverse group of individuals working together to go the extra mile.ย Through our DEI initiatives, employees feel empowered to bring their talents and voice to our culture.

Our passion for delivering the best products is matched only by our passion for our people. We are committed to making a meaningful difference in the lives of others which extends beyond our office walls. USAble Life has a long tradition of supporting our communities, and weโ€™re proud of the fact that our employees share that commitment.ย 

We have been recognized as a โ€œBest Places to Workโ€ in Arkansas, Florida, and Hawaii. Youโ€™ll be rewarded with opportunities for personal and professional development and opportunities for advancement. ย This, coupled with our engaging culture and a comprehensive benefits package, ensures we are committed to our employees.ย 

Check out how we make a meaningful difference in the lives of others!

https://player.vimeo.com/video/518665804

What We Offer You:

  • A culture that values employees and celebrates, empowers, and inspires a diverse workforce
  • 11 paid holidays
  • 401(k) with up to 6% match; fully vested from day 1
  • Remote opportunities with company-provided equipment
  • Team-oriented, collaborative group of peers
  • Career advancement opportunities
  • Leadership Mentoring program
  • Tuition Reimbursement
  • Employee Assistance Program
  • Inclusion Council and Employee Resource Groups
  • Recharge Days and Volunteer Time Off
  • This is a remote position.

The starting base salary range for a Sales Compensation & Commission Analyst IIย  is $55,000ย toย $77,000.ย  Actual salaries will vary by geographic location and are based on factors such as candidateโ€™s qualifications, experience, skills, competencies, and company equity.ย  In addition to base compensation, this role is eligible for an annual incentive plan based on company performance and individual performance.ย ย 

Before You Apply:

Please review these qualifications carefully before applying. This role is highly analytical and data-focused. Candidates without experience working with complex data, financial information, compensation programs, or commission processes are unlikely to be competitive for the position.ย 
ย 
  • 2+ years of experience in sales compensation, commissions, compensation analysis, payroll with variable pay, sales operations, revenue operations, accounting, audit, or a related analytical field
  • Experience administrating sales incentive plans
  • Advanced Excel skills, including formulas, pivot tables, and lookups
  • Experience analyzing and manipulating large datasets
  • Experience creating reports, identifying trends, and communicating findings to stakeholders
    ย 

Sales Compensation & Commission Analyst II Overview

Responsible for the development, analysis, reporting and administration of the organization's sales compensation and commission programs.

Essential Duties:

  • Contributes to the design and development of sales compensation and commission plans that support the organization's sales positions. This includes update to sales compensation and commission collateral.ย 
  • Responsible for maintaining and updating sales compensation and/or commission program applications, systems, and/or databases.
  • Follows corporate audit guidelines to ensure accuracy and efficiency in the processing of system hierarchy and/or commission changes and preparation of commission and/or compensation statements and files.ย 
  • Monitors the sales compensation and commission payout processes, ensuring that calculations are correct, and payments are submitted for processing within specified timelines.
  • Acts as a liaison between the company and customer to respond to inquiries and resolve issues related to sales compensation and commissions
  • Performs complex data modeling to analyze the design and effectiveness of current sales compensation and commission programs, identify trends, patterns and opportunities for improvement. Present information to stakeholders at all levels of the organization.
  • Analyzes data to prepare and distribute reports on commissions, bonuses, sales compensation, and Form 5500 Schedule A information, including financial accruals
  • Ensures documentation and procedures are updated and maintained. Responsible for providing onboarding training to new employees and delivers training to communicate and explain sales compensation and commission programs.
  • Ensures that all compensation-related activities are in compliance with applicable regulations and standards
  • Participates in various sales compensation and commission related projects
  • Performs other related duties and responsibilities as assignedย 

Required Knowledge, Skills and Abilities:

  • Sales compensation or commission plan administration is strongly preferred; flexible equivalent backgrounds considered would be: compensation analysis, payroll with variable pay, Sales/Revenue Operations, business/data analysis with strong financial or incentive modeling, and accounting or audit experience with a focus on reconciliation and controls
  • Experience administrating sales incentive plans
  • Analytical skills with the ability to collect, organize, analyze and manipulate large datasets with attention to detail and accuracy
  • Excellent communication and interpersonal skills with the ability to present complex data to stakeholders at all levels of the organization
  • Adherence to ethical standards and the ability to maintain confidentiality when handling sensitive compensation information
  • Problem-solving skills with ability to analyze compensation issues, propose solutions, and make recommendations for improvements
  • Ability to work independently and as part of a team in a fast-paced environment with multiple priorities and deadlines
  • Ability to create/modify queries and or reports and present findings
  • Advanced Excel skills, including formulas, pivot tables, VLOOKUP with aptitude for learning other analytical tools
  • Knowledge of database applications

Required Education and Experience:

  • Bachelor's degree in Business Administration, Finance, Accounting, Economics, related field, or equivalent related experience
  • 2+ years of progressive relevant work experience
  • Or, equivalent military experience

Preferred Education and Experience:

  • Experience in sales compensation and commission program administration and analysis
  • Experience with sales compensation management software is a plus
  • Sales compensation plan design knowledge and/or experience
  • SQL Experience
  • SharePoint
  • Salesforce
  • LifePRO and/or Compass experience
  • Understanding of financial concepts and the ability to interpret financial data.
  • MS Reporting Services (SSRS) experience
  • SQL Server Integration Services (SSIS) experience
  • MS Power BI experience
  • Experience with data visualization tools and development
  • Insurance or Finance Experience
  • Industry Certification(s)

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