Director, Sales Incentive Compensation at Bayer | Hanover Township, NJ, US | Rezi

Director, Sales Incentive Compensation at Bayer

Director, Sales Incentive Compensation

Bayer · Hanover Township, NJ, US

1 months ago

Director, Sales Incentive Compensation

Bayer · Hanover Township, NJ, US

2 months ago
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About the Role

The Director, Sales Incentive Compensation leads the strategy, design, implementation, governance, and operational management of incentive compensation programs to align field execution with enterprise and brand objectives. This role serves as a strategic partner to Brand, Sales, Commercial Operations, Finance, and HR to design plans that motivate behaviors, reinforce commercial strategy, and deliver measurable business outcomes, balancing strategic design with operational execution.

Responsibilities

  • Partner with Brand and Sales Leadership to translate commercial strategy into incentive compensation plans that drive desired behaviors and business performance.
  • Lead annual plan design and ongoing changes, including measures, weighting, payout mechanics, thresholds, accelerators, and special incentives.
  • Develop financial models, scenario analyses, payout simulations, and risk assessments to support executive decision-making.
  • Present recommendations, trade-offs, and business impact to senior leadership and governance forums.
  • Evaluate market trends and industry best practices to continuously improve incentive plan effectiveness.
  • Establish governance processes that ensure consistency, transparency, compliance, and appropriate documentation.
  • Serve as the primary incentive compensation advisor to Commercial Leadership, Brand Teams, Sales Leadership, Finance, HR, Legal, Compliance, and Field Operations.
  • Influence senior stakeholders through data-driven recommendations, consultation, and clear articulation of plan trade-offs.
  • Facilitate cross-functional alignment through plan development, approval, implementation, and optimization.
  • Develop executive presentations, training materials, field communications, FAQs, manager guides, and supporting documentation.
  • Lead incentive compensation administration, including implementation, data validation, processing, payout calculations, exceptions, vendor management, quality assurance, and audit readiness.
  • Ensure accurate and timely incentive compensation payments while maintaining strong operational controls.
  • Design scalable procedures, approval workflows, governance documentation, controls, and repeatable processes.
  • Drive continuous improvement, automation, and technology enablement to improve efficiency and effectiveness.
  • Develop clear, compelling incentive compensation materials for executives, managers, and field teams.
  • Lead communication of incentive plans through leadership presentations, training sessions, FAQs, field guides, and supporting documentation.
  • Ensure managers and sales representatives understand plan mechanics, performance expectations, and payout methodologies.
  • Create executive-ready presentations that clearly communicate plan rationale, expected business impact, and performance outcomes.

Requirements

  • Bachelor’s degree required.
  • Progressive experience in pharmaceutical / biotechnology sales incentive compensation.
  • Experience designing, implementing, and administering incentive compensation programs for field organizations.
  • Demonstrated success partnering with Commercial, Sales, Brand, Finance, HR, Legal, and Compliance stakeholders.
  • Experience developing governance frameworks, scalable processes, operational controls, and cross-functional workflows.
  • Advanced Excel and PowerPoint.
  • 5+ years of progressive experience in pharmaceutical / biotechnology sales incentive compensation (Preferred).

Skills

  • Deep understanding of pharmaceutical commercial models, sales organizations, and incentive compensation methodologies.
  • Strong analytical skills with the ability to translate complex analyses into actionable business recommendations.
  • Strong financial modeling, scenario planning, payout simulation, and business case development capabilities.
  • Experience managing multiple priorities in a fast-paced commercial environment.
  • Proven ability to influence without direct authority across senior leadership and cross-functional teams.
  • Excellent executive presence, presentation, communication, project management, and organizational skills.
  • High attention to detail with a commitment to operational excellence and continuous improvement.
  • Incentive compensation platforms and analytics tools preferred.
  • Strategic thinker who connects commercial strategy to field execution.
  • Trusted advisor who influences executive decision-making and builds cross-functional alignment.
  • Data-driven leader with strong business acumen and a continuous improvement mindset.
  • Exceptional communicator who simplifies complex concepts for diverse audiences.

Location

  • United States : New Jersey : Whippany
  • United States : New Jersey : Residence Based
  • United States : New York : Residence Based
  • United States : Residence Based : Residence Based

Work Type

  • Residence Based

Experience Level

  • Director
  • 5+ years of progressive experience in pharmaceutical / biotechnology sales incentive compensation (Preferred)

Education Level

  • Bachelor’s degree
  • Advanced degree (Preferred)

Salary/Compensations

  • $177,000-$266,000
  • Additional compensation may include a bonus or commission (if relevant).

Benefits

  • Health care
  • Vision
  • Dental
  • Retirement
  • PTO
  • Sick leave

About the Company

  • At Bayer we’re visionaries, driven to solve the world’s toughest challenges and striving for a world where 'Health for all Hunger for none’ is no longer a dream, but a real possibility.
  • We’re doing it with energy, curiosity and sheer dedication, always learning from unique perspectives of those around us, expanding our thinking, growing our capabilities and redefining ‘impossible’.
  • If you’re hungry to build a varied and meaningful career in a community of brilliant and diverse minds to make a real difference, there’s only one choice.
  • Bayer offers a wide variety of competitive compensation and benefit programs.
  • Be part of something bigger. Be you. Be Bayer.

Equal Opportunity

  • Bayer is an Equal Opportunity Employer/Disabled/Veterans
  • Bayer is committed to providing access and reasonable accommodations in its application process for individuals with disabilities and encourages applicants with disabilities to request any needed accommodation(s) using the contact information below.
  • All information on this site is subject to compliance with local rule and regulations as they may vary from time to time and across different geographies, including, without limitation, U.S. Executive Orders.
  • Bayer is an E-Verify Employer.