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Director of Compensation Strategy & Territory Management at Medtronic
Medtronic
San Antonio, TX
Administration
Posted 0 days ago
Job Description
We anticipate the application window for this opening will close on - 15 Dec 2025At Medtronic you can begin a life-long career of exploration and innovation while helping champion healthcare access and equity for all. Youll lead with purpose breaking down barriers to innovation in a more connected compassionate world.A Day in the LifeThe Director of Compensation Strategy & Territory Management serves as the strategic leader responsible for designing implementing and governing incentive compensation programs and territory deployment models across U.S. field and corporate commissioned teams. This role ensures that compensation strategies align with business objectives drive performance excellence and reinforce a culture of accountability and results. This leader will oversee managing end-to-end compensation processesfrom plan design and territory modeling to payout execution and performance analytics.This position is an exciting opportunity to work with Medtronics Diabetes business. Medtronic has announced its intention to separate the Diabetes division to promote future growth and innovation within the business and reallocate investments and resources across Medtronic subject to applicable information and consultation requirements. This separation provides our team with a bold opportunity to unleash our potential enabling us to operate with greater speed and agility. As a separate entity we anticipate leveraging increased investments to drive meaningful innovation and enhance our impact on patient care. This role requires you to work on-site at least 3 days per week at one of locations in: San Antonio TXNorthridge CADuluth GAKey ResponsibilitiesStrategic Leadership & CollaborationPartner with executive and senior sales marketing HR finance and operations leaders to align compensation and territory strategies with business priorities.Serve as a trusted advisor to senior leadership offering strategic guidance on incentive design deployment and optimization.Manage vendor relationships to ensure timely accurate and compliant execution of incentive plans.Compensation Strategy & GovernanceDesign and deploy incentive compensation programs contests and performance measurement frameworks that drive sales growth and align with organizational goals.Establish governance models to ensure consistency transparency and compliance across all incentive programs.Lead quarterly and annual review cycles including plan design modeling approvals and communication.Translate business strategy into measurable compensation metrics and territory structures.Territory Management & Operational ExcellenceOversee territory design segmentation and realignment to optimize coverage market potential and equity.Collaborate with customer data operations teams to ensure accuracy and integrity of all territory and sales data inputs.Drive continuous improvement through data-driven analysis and feedback from field teams.Data Integrity & AnalyticsEnsure the accuracy and validation of all incentive compensation data reports and payout calculations.Generate insights and performance analytics to inform executive decisions and optimize plan effectiveness.Coordinate system integration between incentive compensation platforms CRM and business intelligence tools.Compliance & Best PracticesMaintain alignment with corporate governance audit and ethical standards.Benchmark internal practices against industry standards to identify and implement best-in-class solutions.Communicate effectively across all levels of the organization to ensure understanding and alignment of IC and territory processes.QualificationsBachelors degree in Business Administration Applied Economics Computer Science Information Technology or a related field and 10 years of progressive business experience and 7 years of managerial experienceOr advanced degree and 8 years of experience with 7 years of managerial experiencePreferred Attributes5 years focused on incentive compensation strategy or deployment.Proven experience in incentive plan design modeling and implementation at scale.Strong analytical and problem-solving skills; advanced proficiency in Microsoft Excel and PowerPoint.Excellent communication presentation and stakeholder management skills.Experience in life sciences medical devices or technology industries preferred.Strategic thinker with operational rigor and attention to detail.Demonstrated success in influencing and leading cross-functional initiatives.Comfortable navigating ambiguity and driving alignment in complex fast-paced environments.Passionate about leveraging data and technology to improve sales performance and engagement.Physical Job RequirementsThe above statements are intended to describe the general nature and level of work being performed by employees assigned to this position but they are not an exhaustive list of all the required responsibilities and skills of this position.The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job the employee is regularly required to be independently mobile. The employee is also required to interact with a computer and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.Benefits & CompensationMedtronic offers a competitive Salary and flexible Benefits PackageA commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits resources and competitive compensation plans designed to support you at every career and life stage.Salary ranges for U.S (excl. PR) locations (USD):$161600.00 - $242400.00This position is eligible for a short-term incentive called the Medtronic Incentive Plan (MIP).This position is eligible for an annual long-term incentive plan.The base salary range is applicable across the United States excluding Puerto Rico and specific locations in California. The offered rate complies with federal and local regulations and may vary based on factors such as experience certification/education market conditions and location. Compensation and benefits information pertains solely to candidates hired within the United States (local market compensation and benefits will apply for others).The following benefits and additional compensation are available to those regular employees who work 20 hours per week: Health Dental and vision insuranceHealth Savings AccountHealthcare Flexible Spending AccountLife insurance Long-term disability leaveDependent daycare spending accountTuition assistance/reimbursement andSimple Steps (global well-being program).The following benefits and additional compensation are available to all regular employees:Incentive plans 401(k) plan plus employer contribution and matchShort-term disabilityPaid time offPaid holidaysEmployee Stock Purchase PlanEmployee Assistance ProgramNon-qualified Retirement Plan Supplement (subject to IRS earning minimums) andCapital Accumulation Plan (available to Vice Presidents and above or subject to IRS earning minimums).Regular employees are those who are not temporary such as interns. Temporary employees are eligible for paid sick time as required under applicable state law and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.Further details are available at the link below:Medtronic benefits and compensation plansAbout MedtronicWe lead global healthcare technology and boldly attack the most challenging health problems facing humanity by searching out and finding solutions.Our Mission to alleviate pain restore health and extend life unites a global team of 95000 passionate people.We are engineers at heart putting ambitious ideas to work to generate real solutions for real people. From the R&D lab to the factory floor to the conference room every one of us experiments creates builds improves and solves. We have the talent diverse perspectives and guts to engineer the extraordinary.Learn more about our business mission and our commitment to diversity here.It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age color national origin citizenship status physical or mental disability race religion creed gender sex sexual orientation gender identity and/or expression genetic information marital status status with regard to public assistance veteran status or any other characteristic protected by federal state or local addition Medtronic will provide reasonable accommodations for qualified individuals with disabilities.If you are applying to perform work for Medtronic Inc. (Medtronic) in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.Required Experience:Director Key Skills Business Development,Marketing,Pricing,Analysis Skills,Research Experience,Project Management,Research & Development,Strategic Planning,Financial Modeling,Leadership Experience,Management Consulting,Analytics Employment Type : Full-Time Experience: years Vacancy: 1 Monthly Salary Salary: 161600 - 242400
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