Sales Compensation Design Lead
Who we are
About Stripe
Stripe 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.
About the team
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 our 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 sales efforts.
What you'll do
You're a key contributor to the sales compensation program design, implementation, and performance assessment of the sales organization. You'll have high visibility across multiple channels, owning the performance-to-compensation structure for specific sales teams and serving as the subject matter expert for strategic advice and implementation of any compensation programs (including SPIFFs and MBOs) that further align the sales focus with our OKRs.
You're passionate about sales compensation and comfortable working in ambiguous situations to identify optimal solutions for our sales teams to succeed. You have experience working across all levels and functions of an organization (preferably in a high-growth environment) to align our priorities with our sales team's motivation. You bring resilience and the ability to both partner and lead in cross-functional situations. You use analytics and quantitative data to support and evaluate decisions.
Responsibilities
Lead the annual sales compensation plan design cycle for specific sales teams, including obtaining input and stakeholder approval for the proposed compensation structures
Implement metrics for the plans that are specific, measurable, and align with company priorities
Own the rollout and enablement of the compensation plans
Conduct frequent quantitative measurement of the compensation plan effectiveness and apply learnings to the annual plan design process
Propose, evaluate, design, and measure the effectiveness of SPIFFs
Be the main contact for sales leadership to correlate objectives and compensation
Own, update, and lead the enablement of the sales compensation resources for the sales organization
Own, update, and lead the enablement of the annual sales credit policies for the sales organization
Represent the sales compensation impacts in company strategy discussions (e.g., with Product)
Have an in-depth understanding of the sales function, product priorities, and individual sales team characteristics
Support the commission calculation close process as needed
Who you are
We'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 requirements
BS or BA in Business, Finance, Economics, Math, or Statistics
At least five years of experience in a sales compensation role
At least two years as a key point of contact with senior Sales, Finance, and HR leadership
At least three years leading the sales compensation design process
Experience with Customer Relationship Management (CRM) (e.g., Salesforce) and Incentive Compensation Management (ICM) (e.g., Captivate IQ, Varicent, Xactly) tools
Experience with reporting tools and Tableau
Strong logic, problem-solving, and Excel modeling skills
Very organized and attentive to detail, with excellent prioritization skills that allow you to consistently deliver quality results on time
Experience working in high-growth, performance-focused environments and administering complex programs
Ability to forge strong bonds, work collaboratively with, and influence internal partners such as other Sales channels, Finance, and Business Applications
Preferred qualifications
Experience leveraging AI tools to enhance impact and productivity
Experience in Sales or Sales Operations roles
SQL programming experience
We'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 requirements
BS or BA in Business, Finance, Economics, Math, or Statistics
At least five years of experience in a sales compensation role
At least two years as a key point of contact with senior Sales, Finance, and HR leadership
At least three years leading the sales compensation design process
Experience with Customer Relationship Management (CRM) (e.g., Salesforce) and Incentive Compensation Management (ICM) (e.g., Captivate IQ, Varicent, Xactly) tools
Experience with reporting tools and Tableau
Strong logic, problem-solving, and Excel modeling skills
Very organized and attentive to detail, with excellent prioritization skills that allow you to consistently deliver quality results on time
Experience working in high-growth, performance-focused environments and administering complex programs
Ability to forge strong bonds, work collaboratively with, and influence internal partners such as other Sales channels, Finance, and Business Applications
Preferred qualifications
Experience leveraging AI tools to enhance impact and productivity
Experience in Sales or Sales Operations roles
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