Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.
Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.
Key Responsibilities:
Compensation Plan Design (70%)
Design, evaluate, and refine incentive compensation plans across sales, operations, and support functions in alignment with business strategy.
Conduct in-depth market research and competitive benchmarking to ensure plans are equitable, attractive, and aligned with industry standards.
Collaborate with business unit leaders, Finance, and HR Business Partners to understand goals and ensure compensation plans drive the desired performance.
Ensure compliance with legal and regulatory standards in compensation design and pay equity.
Continuously monitor compensation trends within the life sciences, laboratory services, and adjacent industries.
Collaborate with Commissions Administration to ensure successful execution of sales compensation plans
Provide ongoing analytics to evaluate the success of the compensation plans and provide recommendations for next year’s plans
Design / evaluate additional compensation such as SPIFs, special bonuses, etc.
Performance Reporting & Analytics (30%)
Build and maintain performance dashboards and reporting tools to track incentive plan effectiveness, ROI, and alignment with KPIs.
Partner with Finance and Sales Operations to ensure accurate and timely reporting of individual and team performance metrics.
Develop and maintain compensation models, simulations, and scenario analyses to forecast plan outcomes and budget impact.
Prepare regular performance reports and compensation insights for senior leadership and stakeholders.
Analyze historical and real-time performance data to recommend plan adjustments and strategic improvements.
Preferred Skills:
Experience in the life sciences, diagnostics, or laboratory services sector.
Strong analytical mindset and modeling capabilities.
Familiarity with CRM/Sales Performance Management platforms (e.g., Shareville, Varicent, etc)
Strong business acumen with the ability to link compensation strategies to operational and sales goals.
Qualifications:
Bachelor's degree in Finance, Human Resources, Business Analytics, or related field analytical (Master’s or CCP certification a plus).
5+ years of experience in compensation design, preferably within B2B or scientific/technical industries preferred.
Demonstrated expertise in incentive compensation strategy, modeling, and implementation.
Proficiency with compensation analysis tools and/or analytical software (e.g., Excel, SQL, Tableau, or powerBI).
Strong understanding of compliance, pay equity, and regulatory considerations.
Excellent communication and stakeholder management skills
Who we are: We are a team of more than 73,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.
How we work: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual’s potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world’s most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.
To find out more about Siemens Healthineers businesses, please visit our company page here.
The annual base pay for this position is:
Min $111,400 - Max $167,100Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate.
If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company's plan. Commissions are based on individual performance and/or company performance.
The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan. life insurance, long-term and short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time.
Equal Employment Opportunity Statement: Siemens Healthineers is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.
EEO is the Law: Applicants and employees are protected under Federal law from discrimination.
Reasonable Accommodations: Siemens Healthineers is committed to equal employment opportunity. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations.
If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form here. If you’re unable to complete the form, you can reach out to our HR People Connect People Contact Center for support at peopleconnectvendorsnam.func@siemens-healthineers.com. Please note HR People Connect People Contact Center will not have visibility of your application or interview status.
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Export Control: “A successful candidate must be able to work with controlled technology in accordance with US export control law.” “It is Siemens Healthineers’ policy to comply fully and completely with all United States export control laws and regulations, including those implemented by the Department of Commerce through the Export Administration Regulations (EAR), by the Department of State through the International Traffic in Arms Regulations (ITAR), and by the Treasury Department through the Office of Foreign Assets Control (OFAC) sanctions regulations.”
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