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Incentive Compensation Design Director

Incentive Compensation Design Director

Genesys Cloud Services, Inc.Albuquerque, NM, United States
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Genesys empowers organizations of all sizes to improve loyalty and business outcomes by creating the best experiences for their customers and employees. Through Genesys Cloud, the AI-powered Experience Orchestration platform, organizations can accelerate growth by delivering empathetic, personalized experiences at scale to drive customer loyalty, workforce engagement, efficiency and operational improvements.

Is this the role you are looking for If so read on for more details, and make sure to apply today.

We employ more than 6,000 people across the globe who embrace empathy and cultivate collaboration to succeed. And, while we offer great benefits and perks like larger tech companies, our employees have the independence to make a larger impact on the company and take ownership of their work. Join the team and create the future of customer experience together.

The Director of Incentive Compensation Design is a critical role in the execution of Genesys' business strategy and incentive compensation programs. This role will report to the VP of Global Incentive Compensation and will be responsible for co-managing the plan design process; developing recommendations for year-over-year plan changes and partnering with the plan administration team to ensure that systems constraints are considered during the design phase and the incentives management system is optimally configured. This includes working with executive leaders to understand strategic business objectives, assessing the success of current incentives, proposing new incentive designs, performing in-depth plan performance analyses, securing final decisions and approvals, and communicating new incentives to leaders and employees. Ideal candidates will have a bachelor's degree with an emphasis on business or accounting, with at least 10 years of experience in Incentive compensation for Sales and Marketing, including both plan design and administration.

The scope includes commission plans, bonus plans, and temporary incentives ("SPIFFs") for Sales and Marketing roles, including Account Executives, Sales Managers, Solution Consultants, Business Development Representatives, and new, experimental roles. The person must have a solid understanding of software company go-to-market models and how to align incentives with distinct roles (e.g., industry specialists, account managers, product overlays, etc.), in addition to direct experience in design of plan mechanics, commissions administration, and plan document distribution.

Key Responsibilities

Co-lead a cross-functional process to align incentives with company's strategic and operational goals

Determine pay mix, performance measures, weights and mechanics to drive desired behaviors by role

Assess the effectiveness of current incentive plans in driving the desired behaviors

Assess the performance of worldwide Sales resources against current goals (e.g., percent of reps achieving quota)

Brief executives on current sales performance and obstacles

Manage plan design exception requests from regional sales leadership

Oversee the creation of cost of sales models to evaluate plan scenarios

Design temporary incentives (e.g., "SPIFFs") to support short term priorities

Project-manage deployment of plans across internal and external business partners, from documentation of final plan designs and policies through plan deployment

Define requirements for the incentives management system and work with the plan administration team updates to configure and update to the incentives management system

Communicate with field and relevant stakeholders on program changes and policies in a compelling and effective manner.

Work with Finance to analyze the cost of plan changes and lead trade-off discussions as required.

Oversee the creation of a scorecard to evaluate plan effectiveness, working with enablement to drive programs that increase productivity.

Understand and track the sales capacity and cost of incentive compensation programs

Requirements :

Bachelor's degree in an analytical discipline; MBA is a plus.

10 or more years incentives design experience in a consulting or sales operations role, ideally in the enterprise software industry

Knowledge of typical comp plan structures in enterprise software (quotas, accelerators, pay mix, and payout curves). Experience with approaches to incenting cooperative selling across complex multinational accounts.

Deep subject matter expertise and business process knowledge across territory management, sales account coverage, sales crediting and compensation

Demonstrated ability to lead by influence and manage change

Excellent communication skills and tactful diplomacy

Excellent written and presentation skills, especially related to building compelling presentations and presenting recommendations and decisions to executive leadership

Strong analytical skills and a structured, data-based approach to solving unique business problems

Demonstrated ability to apply analytic techniques to open-ended business questions

Proficient at inductive and deductive reasoning

Ability to stand firm and ensure the right business decisions are made with all levels

Advanced time management and project management skills including ability to handle multiple projects with aggressive deadlines, and manage projects to on-time completion

Ability to work independently with general direction in a fast-paced environment

Strong interpersonal and cross-functional business partnering skills

Advanced Excel Skills; use of advanced formulas, pivot tables, data manipulation

Excellent PowerPoint skills

Experience with ICM / SPMs (preferably Callidus and SAP Commissions).

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Compensation :

This role has a market-competitive salary with an anticipated base compensation range listed below. Actual salaries will vary depending on a candidate's experience, qualifications, skills, and location. This role might also be eligible for a commission or performance-based bonus opportunities.

$152,900.00 - $283,900.00

Benefits :

Medical, Dental, and Vision Insurance.

Telehealth coverage

Flexible work schedules and work from home opportunities

Development and career growth opportunities

Open Time Off in addition to 10 paid holidays

401(k) matching program

Adoption Assistance

Fertility treatments

More details about our company benefits can be found at the following link :

If a Genesys employee referred you, please use the link they sent you to apply.

About Genesys :

Genesys empowers more than 8,000 organizations in over 100 countries to improve loyalty and business outcomes by creating the best experiences for their customers and employees. Through Genesys Cloud, the AI-powered Experience Orchestration platform, Genesys delivers the future of CX to organizations of all sizes so they can provide empathetic, personalized experience at scale. As the trusted platform that is born in the cloud, Genesys Cloud helps organizations accelerate growth by enabling them to differentiate with the right customer experience at the right time, while driving stronger workforce engagement, efficiency and operational improvements. Visit

Reasonable Accommodations :

If you require a reasonable accommodation to complete any part of the application process, or are limited in your ability to access or use this online application and need an alternative method for applying, you or someone you know may contact us at reasonable.accommodations@genesys.com.

You can expect a response within 24-48 hours. To help us provide the best support, click the email link above to open a pre-filled message and complete the requested information before sending. If you have any questions, please include them in your email.

This email is intended to support job seekers requesting accommodations. Messages unrelated to accommodation-such as application follow-ups or resume submissions-may not receive a response.

Genesys is an equal opportunity employer committed to fairness in the workplace. We evaluate qualified applicants without regard to race, color, age, religion, sex, sexual orientation, gender identity or expression,marital status, domestic partner status,national origin, genetics, disability,military andveteran status, and other protected characteristics.

Please note that recruiters will never ask for sensitive personal or financial information during the application phase.

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Director Compensation • Albuquerque, NM, United States

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