The role involves managing incentive compensation programs, collaborating with teams, analyzing compensation data, and optimizing systems while providing leadership and guidance.
What if the work you did every day could impact the lives of people you know? Or all of humanity?At Illumina, we are expanding access to genomic technology to realize health equity for billions of people around the world. Our efforts enable life-changing discoveries that are transforming human health through the early detection and diagnosis of diseases and new treatment options for patients.Working at Illumina means being part of something bigger than yourself. Every person, in every role, has the opportunity to make a difference. Surrounded by extraordinary people, inspiring leaders, and world changing projects, you will do more and become more than you ever thought possible.
We are a company deeply rooted in belonging, promoting an inclusive environment where employees feel valued and empowered to contribute to our mission. Built on a strong foundation, Illumina has always prioritized openness, collaboration, and seeking alternative perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay, regardless of gender, ethnicity, or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences, increase cultural awareness, and offer opportunities to engage in social responsibility. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information. Illumina conducts background checks on applicants for whom a conditional offer of employment has been made. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable local, state, and federal laws. Background check results may potentially result in the withdrawal of a conditional offer of employment. The background check process and any decisions made as a result shall be made in accordance with all applicable local, state, and federal laws. Illumina prohibits the use of generative artificial intelligence (AI) in the application and interview process. If you require accommodation to complete the application or interview process, please contact [email protected]. To learn more, visit: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. The position will be posted until a final candidate is selected or the requisition has a sufficient number of qualified applicants. This role is not eligible for visa sponsorship.
Responsibilities
- Administer and manage the company's incentive compensation programs, ensuring all calculations and payments are accurate and delivered in a timely manner.
- Collaborate with cross-functional teams, including Sales, Finance, and Human Resources, to establish and maintain effective incentive compensation processes and policies.
- Develop and maintain a comprehensive understanding of the company's incentive plans, including metrics, targets, and payout structures.
- Collaborate with Sales Operations to ensure accurate and timely data collection, validation, and integration into the compensation system.
- Perform regular audits and analysis of incentive compensation data to identify and resolve any discrepancies or inaccuracies.
- Provide support and guidance to sales representatives and managers regarding incentive compensation plans, calculations, and payouts.
- Generate reports and provide analysis on incentive compensation performance, including tracking individual and team performance against targets.
- Stay up to date with industry best practices and trends related to incentive compensation administration, recommending improvements to current processes and systems.
- Work closely with the IT department to enhance and optimize the compensation system, ensuring its accuracy, functionality, and usability.
- Maintain accurate and confidential records of incentive compensation plans, payments, and related documentation.
Requirements
- Bachelor’s degree or equivalent experience. MBA or equivalent experience preferred.
- Candidate must have a minimum of 15 years’ experience in commercial operations, sales compensation, commercial analytics, or other related fields. Experience in the genomic sequencing, medical device or life sciences industries strongly preferred.
- Must have at least 7 years in people leadership roles, preferably in commercial organizations.
- Global experience to work across various regions, strongly preferred.
- Deep understanding of sales compensation principles, best practices, and industry trends.
- Proficiency in using data analysis tools and techniques to assess plan performance and inform decision-making.
- Strong ability to build relationships, influence stakeholders, and communicate effectively with various levels of the organization.
- Ability to identify and resolve complex issues related to sales compensation administration.
- Excellent verbal and written communication skills, with the ability to present complex information clearly and concisely.
- Expertise with CRM systems, compensation management software, and other relevant tools, with a proficiency in SQL for data manipulation and analysis preferred
We are a company deeply rooted in belonging, promoting an inclusive environment where employees feel valued and empowered to contribute to our mission. Built on a strong foundation, Illumina has always prioritized openness, collaboration, and seeking alternative perspectives to propel innovation in genomics. We are proud to confirm a zero-net gap in pay, regardless of gender, ethnicity, or race. We also have several Employee Resource Groups (ERG) that deliver career development experiences, increase cultural awareness, and offer opportunities to engage in social responsibility. We are proud to be an equal opportunity employer committed to providing employment opportunity regardless of sex, race, creed, color, gender, religion, marital status, domestic partner status, age, national origin or ancestry, physical or mental disability, medical condition, sexual orientation, pregnancy, military or veteran status, citizenship status, and genetic information. Illumina conducts background checks on applicants for whom a conditional offer of employment has been made. Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable local, state, and federal laws. Background check results may potentially result in the withdrawal of a conditional offer of employment. The background check process and any decisions made as a result shall be made in accordance with all applicable local, state, and federal laws. Illumina prohibits the use of generative artificial intelligence (AI) in the application and interview process. If you require accommodation to complete the application or interview process, please contact [email protected]. To learn more, visit: https://www.dol.gov/ofccp/regs/compliance/posters/pdf/eeopost.pdf. The position will be posted until a final candidate is selected or the requisition has a sufficient number of qualified applicants. This role is not eligible for visa sponsorship.
Top Skills
Compensation Management Software
Crm Systems
SQL
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