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Manager, Incentive Compensation

Req # JR - 135152 Location Deerfield, Illinois, United States Job Category Commercial Operations Date posted 05/07/2024

This is where you save and sustain lives

At Baxter, we are deeply connected by our mission. No matter your role at Baxter, your work makes a positive impact on people around the world. You’ll feel a sense of purpose throughout the organization, as we know our work improves outcomes for millions of patients. 

Baxter’s products and therapies are found in almost every hospital worldwide, in clinics and in the home. For over 85 years, we have pioneered significant medical innovations that transform healthcare.

Together, we create a place where we are happy, successful and inspire each other. This is where you can do your best work. 

Join us at the intersection of saving and sustaining lives— where your purpose accelerates our mission. 

Your role at Baxter

  • In this high visibility role, you are a critical function in supporting our sales team's Incentive Compensation program. Help design and drive the process while partnering closely with sales leaders.
  • Utilize excellent interpersonal/communication skills to collaborate effectively with team members, internal Commercial Operations functions, Human Resources, Finance and Field Sales.

Your team

  • Act as a consultant and key business partner for the MPT Business Segment/Advanced Surgery business. In this role, you'll be accountable for leading their team of 2-3 direct reports on annual compensation design, quota allocation, field to finance balancing of commission spend, and performance reporting.
  • Join our dedicated Commercial Operations team in our mission of saving and sustaining lives!
  • This role is based in Deerfield, IL and will work a hybrid schedule.
  • Baxter offers dental and medical insurance, paid time off, parental leave, and more!

What you'll be doing

  • Lead/facilitate the design of approximately 10-15 IC Commission plans in alignment with the business’s annual strategic objectives, and cross functional guidance.
  • Coach and mentor new and existing team members to drive timely and accurate commission payments.
  • Execute new organizational design in alignment with existing and new business vertical requirements.
  • Utilize an advanced data analytic mindset and proven history of driving change and enhancing value added products/services in collaboration with your business partners.
  • Contribute through direct and indirect team members to foster an environment of problem solvers while motivating and developing bench strength to retain talent and enhance the IC organization.
  • Lead and/or sponsor process innovation initiatives to develop and identify procedural gaps, drive for improvement, build efficiencies, eliminate waste, and improve customer satisfaction.
  • Manage, in conjunction with IC leadership, the prioritization, and execution of internal and cross functional initiatives to enhance IC value add products and services to our customers.
  • Strong leadership presence and partnership internally and across functions. Must be seen as a cross functional partner and collaborator.

What you'll bring

  • BS/BA preferred
  • 5+ years of experience in Finance, HR Total Rewards, Commercial Operations, or related field required.
  • Incentive Compensation experience preferred.
  • Previous people management and/or project management experience preferred.
  • Ability to identify continuous improvement enhancement opportunities via data driven analysis on process flows, and translation of those improvements into actionable process changes and/or systems solutions.
  • Proven experience in sponsoring and/or leading continuous improvement initiatives (LEAN) which drive innovation, digital transformation, and development of team members.
  • Broad understanding for critical attributes of quota, compensation, and performance reporting. Strong finance and business acumen.
  • Ability to operate and consult in any business franchise/vertical environment to respond to evolving business requirements.
  • Dedication to meeting and/or exceeding expectations of internal and external customers.
  • Eagerness to lead through and develop innovative solutions through the use of digital technology.
  • Strong understanding of Sales Performance Management (SPM) tools such as Xactly and IBM/Varicent preferred.

Baxter is committed to supporting the needs for flexibility in the workplace. We do so through our flexible workplace policy which includes a minimum of 3 days a week onsite. This policy provides the benefits of connecting and collaborating in-person in support of our Mission.

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 $112,000 - $154,000 annually. The estimated range is meant to reflect an anticipated salary range for the position. We may pay more or less than 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.

The successful candidate for this job may be required to verify that he or she has been vaccinated against COVID-19, subject to reasonable accommodations for individuals with medical conditions or religious beliefs that prevent vaccination, and in accordance with applicable law.

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.

EEO is the Law 
EEO is the law - Poster Supplement
Pay Transparency Policy

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.

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