Sales Compensation Analytics & Systems Specialist
$111.3k - $166.9kColorwave Inc
Job TitleSales Compensation AnalystJob DescriptionStripe is a financial infrastructure platform for businesses. Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.The Sales Compensation team at Stripe is responsible for the overall compensation strategy, design, and payment administration for the global sales organization. We ensure that Stripe's objectives align with the compensation program and that our sales teams are paid accurately and on time. We provide thought leadership for the go-to-market initiatives so that performance and compensation are effectively correlated. The Sales Compensation team partners closely with the revenue-generating and support functions across Stripe to support the success of our go-to-market efforts.In this role, you'll digest critical data sets of our sales performance and correlation to variable compensation. The objective is to provide advanced analytics that translate raw trends into a compelling business narrative, synthesizing the strategic implications, quantifying the business impact, and prescribing actionable next steps to shape compensation strategies for our fast-growing sales force. As Stripe's sales teams and commercial strategy grow in size and complexity, this information is required to ensure we have industry-leading compensation mechanisms to motivate and reward our world-class sales organization.An equally important component of your role is supporting the enhancement and use of our Incentive Compensation Management (ICM) tool. You'll work closely with our experienced product expert to ensure we use our ICM to its maximum capacity for compensation calculations and reporting.You'll be equally passionate about data analytics and excel as a program management partner for a compensation system. You'll need experience working with significant autonomy to design an analytics framework for compensation performance measurement, as well as part of a team to support compensation calculations. You bring proven leverage of analytics and quantitative data to calculate and validate compensation. You also bring resilience and the ability to both partner and lead in cross-functional situations.This role is based out of Stripe's South San Francisco, Chicago, or New York City offices.ResponsibilitiesMonthly measurement of sales force quota attainment at varying degrees of granularityMonthly forecasting of compensation to target based on monthly quota attainment analysisConduct deep-dive analysis to uncover the root causes of disconnects between the performance and compensation correlation. Provide the context on why it is happening and propose specific solutions to align performance with compensationProvide reporting, with analysis and recommendations, monthly and quarterly to senior business leadershipSupport system administration for the quarterly compensation cycleEnsure the accurate and timely compensation each quarter to the entire sales force through the ICMBuild and maintain reporting dashboards for use at the individual, management, and executive levelsQualificationsWe're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.Minimum requirements4+ years of experience in a Sales Compensation or Sales Operations roleBS or BA in Business, Data Science, Economics, Finance, Math, or StatisticsExperience using a commercial Incentive Compensation Management tool (e.g. Callidus, Captivate IQ, Varicent, Xactly)Demonstrated data analytics expertise with proven results of optimizing sales resultsStrong logic, problem-solving, and spreadsheet modeling skillsPreferred qualificationsMBA or applicable master's degree (e.g. Finance, Data Science, etc.)Sales compensation design experienceHybrid work at StripeThis role is available either in an office or a remote location (35+ miles or 56+ km from a Stripe office).In-office expectationsOffice-assigned Stripes spend at least 50% of the time in a given month in their local office or with users. This hits a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility about how to do this in a way that makes sense for individuals and their teams.Working remotely at StripeA remote location is defined as being 35 miles (56 kilometers) or more from one of our offices. While you would be welcome to come into the office for team/business meetings, on-sites, meet-ups, and events, our expectation is you would regularly work from home rather than a Stripe office. Stripe does not cover the cost of relocating to a remote location. We encourage you to apply for roles that match the location where you currently live or plan to live.Pay and benefitsThe annual US base salary range for this role is $111,300 - $166,900. For sales roles, the range provided is the role's On Target Earnings ("OTE") range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role. This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate's experience, qualifications, and location. Applicants interested in this role and who are not located in the US may request the annual salary range for their location during the interview process.Additional benefits for this role may include: equity, company bonus or sales commissions/bonuses; 401(k) plan; medical, dental, and vision benefits; and wellness stipends.We look forward to hearing from you.At Stripe, we're looking for people with passion, grit, and integrity. You're encouraged to apply even if your experience doesn't precisely match the job description. Your skills and passion will stand out—and set you apart—especially if your career has taken some extraordinary twists and turns. At Stripe, we welcome diverse perspectives and people who think rigorously and aren't afraid to challenge assumptions. Join us.
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