Snowflake Computing - San Mateo, CA

posted 4 months ago

Full-time - Mid Level
San Mateo, CA
Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services

About the position

As a Senior Analyst in Sales Compensation Strategy at Snowflake, you will play a pivotal role in shaping and optimizing our sales compensation plans. This position requires a deep understanding of compensation structures, sales performance metrics, and the ability to analyze data to drive strategic decisions. You will collaborate closely with sales leadership and HR to ensure that our compensation strategies align with business objectives and motivate our sales teams effectively. Your analytical skills will be crucial in evaluating the effectiveness of current compensation plans and recommending enhancements based on market trends and internal performance data. In this role, you will be responsible for conducting comprehensive analyses of sales compensation programs, including base salary, commissions, bonuses, and other incentives. You will utilize data analytics tools to assess the impact of compensation on sales performance and employee retention. Additionally, you will prepare reports and presentations for senior management, providing insights and recommendations that support our overall sales strategy. Your ability to communicate complex data in a clear and actionable manner will be essential for influencing key stakeholders. You will also be involved in benchmarking compensation against industry standards to ensure our offerings remain competitive. This includes researching market trends, analyzing competitor compensation structures, and making data-driven recommendations for adjustments. As part of your responsibilities, you will assist in the design and implementation of new compensation plans, ensuring they are equitable, motivating, and aligned with our company values. Your expertise will help foster a culture of high performance and accountability within the sales organization.

Responsibilities

  • Analyze and evaluate current sales compensation plans to identify areas for improvement.
  • Collaborate with sales leadership to align compensation strategies with business objectives.
  • Conduct market research to benchmark compensation against industry standards.
  • Prepare detailed reports and presentations for senior management on compensation strategies and their effectiveness.
  • Utilize data analytics tools to assess the impact of compensation on sales performance and employee retention.
  • Assist in the design and implementation of new compensation plans that motivate and retain top talent.
  • Communicate complex data insights clearly to influence key stakeholders.

Requirements

  • Bachelor's degree in Finance, Business Administration, or a related field.
  • 5+ years of experience in sales compensation analysis or a similar role.
  • Strong analytical skills with proficiency in data analysis tools and techniques.
  • Experience with compensation benchmarking and market analysis.
  • Excellent communication skills, both written and verbal, to present findings to senior management.
  • Ability to work collaboratively with cross-functional teams.

Nice-to-haves

  • Experience with compensation software and tools.
  • Knowledge of sales performance metrics and KPIs.
  • Familiarity with HR policies and practices related to compensation.

Benefits

  • Competitive salary and performance-based bonuses.
  • Comprehensive health insurance plans.
  • 401(k) retirement savings plan with company matching.
  • Flexible work hours and remote work options.
  • Generous paid time off and holidays.
  • Professional development opportunities and tuition reimbursement.
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