Sales Compensation Analyst

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritionals and branded generic medicines. Our 114,000 colleagues serve people in more than 160 countries. JOB DESCRIPTION: Sales Compensation Analyst Working at Abbott At Abbott, you can do work that matters, grow, and learn, care for yourself and your family, be your true self, and live a full life. Youll also have access to: Career development with an international company where you can grow the career you dream of. Employees can qualify for free medical coverage in our Health Investment Plan (HIP) PPO medical plan in the next calendar year. An excellent retirement savings plan with a high employer contribution Tuition reimbursement, the Freedom 2 Save student debt program, and FreeU education benefit - an affordable and convenient path to getting a bachelors degree. A company recognized as a great place to work in dozens of countries worldwide and named one of the most admired companies in the world by Fortune. A company that is recognized as one of the best big companies to work for as well as the best place to work for diversity, working mothers, female executives, and scientists. The Opportunity This position works out of our Austin, TX location in the Electrophysiology Medical Device division. In Abbotts Electrophysiology (EP) business, were advancing the treatment of heart disease through breakthrough medical technologies in atrial fibrillation, allowing people to restore their health and get on with their lives. As a Sales Compensation Analyst you will have oversight of incentives, awards, and quotas; responsible for planning, design, payout and administration of compensation incentive plans and special incentive programs for Electrophysiology commercial field sales. Executing specifications for sales reporting and sales incentive calculations. What Youll Work On Reviews sales objectives, analyzes data, understands sales process and business model, and develops and recommends solutions in the areas of territory alignment, sales reps efficiency/productivity, expense management, manpower planning. Reviews revenue data by geography, account, product, and rep, evaluates performance, highlights key issues, and recommends areas of focus for improvement to sales management; in some instances, works with other sales functions, finance, and marketing to develop business solutions to key problems. Partner with Finance / HR / Sales Ops to ensure alignment on field rosters, goal setting, Inquiry resolution / exception management and related items for accurate payment for all incentive plans. Complete understanding of Position Pages and Incentive Compensation Calculation including programming of calculators submitted to IT pay software team. Assistance of administration of Plan Design. Incentive Plan Policy Administration (ie Exception Process Management). Calculation of Bonus Auditing. Incentive Compensation Reports (Monthly Financial Payout Projections). Presidents Club Calculations & Reports. Rep and Clinical Calculations for close and accrual Calculation / Eligibility for Spiffs. Works with Management, IT and Vendors to implement territory changes. Required Qualifications BA / BS / Business Degree or equivalent business experience within Abbott or related industry required. Ideal candidate will have 3 to 5 yrs experience working with Field Sales, Marketing or Finance Area is desired. Solid understanding of MS Excel, PowerPoint and Word is required. This position requires excellent communication and analytical skills, and the ability to work in a dynamic team environment. Initiative, innovation, teamwork, organization, action orientation and data processing skills are required to succeed in this position. Baseline knowledge of medical / pharmaceutical industry regulatory rules / regulations is preferred. Preferred Qualifications Advanced in MS Excel Learn more about our health and wellness benefits, which provide the security to help you and your family live full lives: www.abbottbenefits.com Follow your career aspirations to Abbott for diverse opportunities with a company that can help you build your future and live your best life. Abbott is an Equal Opportunity Employer, committed to employee diversity. Connect with us at www.abbott.com, on Facebook at www.facebook.com/Abbott, and on Twitter @AbbottNews. The base pay for this position is $75,300.00 $150,700.00 In specific locations, the pay range may vary from the range posted. JOB FAMILY: Financial Planning and Analysis DIVISION: EP Electrophysiology LOCATION: United States > Austin : 8701 Bee Caves Rd ADDITIONAL LOCATIONS: WORK SHIFT: Standard TRAVEL: Yes, 5 % of the Time MEDICAL SURVEILLANCE: Not Applicable SIGNIFICANT WORK ACTIVITIES: Continuous sitting for prolonged periods (more than 2 consecutive hours in an 8 hour day), Keyboard use (greater or equal to 50% of the workday) Abbott is an Equal Opportunity Employer of Minorities/Women/Individuals with Disabilities/Protected Veterans. EEO is the Law link - English: http://webstorage.abbott.com/common/External/EEO_English.pdf EEO is the Law link - Espanol: http://webstorage.abbott.com/common/External/EEO_Spanish.pdf Abbott is about the power of health. For more than 135 years, Abbott has been helping people reach their potential because better health allows people and communities to achieve more. With a diverse, global network serving customers in more than 160 countries, we create new solutions across the spectrum of health, around the world, for all stages of life. Whether its next-generation diagnostics, life-changing devices, science-based nutrition, or novel reformulations, we are advancing some of the most innovative and revolutionary technologies in healthcare, helping people live their best lives through better health. The people of Abbott come to work each day with relentless energy, enthusiasm and a promise to enhance the health and well-being of millions of people. They push the boundaries to help manage and treat some of lifes greatest health challenges. We invite you to explore opportunities at Abbott, to see if your talents and career aspirations may fit with our openings. An equal opportunity employer, Abbott welcomes and encourages diversity in our workforce. Follow Us: Facebook LinkedIn YouTube Twitter