Sr Analyst Incentive Compensation

Job Overview :

Reporting to the VP, Compensation this role within Human Resources will operate in a matrix environment providing strategic and operational support to business unit leadership while supporting Human Resources initiatives. The Incentive Compensation function works to centralize Incentive Compensation Plan (ICP) Design and Governance under the Incentive Compensation Committee (ICC), sales incentive reporting and metrics as well as sales communication and plan documentation to LPL’s salesforce. The ability to collaborate with cross-functional teams is necessary, as is sales compensation experience. Preferred are candidates with financial services industry experience. Sales incentive plans are a critical process, which drives the engagement, motivation, and strategy of LPL is rapidly growing sales teams. As a Sr Analyst, Incentive Compensation, you will own aspects of and support the execution, and continuous improvement of our overall Incentive Compensation Program. We approach our work by considering the big picture, utilizing our expertise and savvy data management to optimize our workflows to increase efficiencies.

Responsibilities :

Provide reporting and metrics on sales incentive eligible population at LPL.

Maintain up-to-date employee lists

Ensure accuracy of compensation data between Workday, Commissions dept. and Sales leadership.

Manage and communicate the annual sales documentation process (delivery of PAFs, Plan Design Summaries, etc), as well as overseeing documentation requirements for new hires and transfers throughout the year.

First point of contact for sales employees and management on sales administration related questions

Resolve discrepancies in a timely manner.

Create and deliver comprehensive and consistent communication for ICP eligible employees and managers.

Review compensation communications and information for accuracy

Provide training on sales documentation process and assess possible training needs on sales plan design and incentive compensation payout education

Analyze current processes to recommend improvements for efficiencies and / or centralization

Work on special projects such as process improvements, data analysis / compilation, presentations, report building, etc.

In partnership with the VP and AVP, support the development and / or refinement of sales incentive plans that are in alignment with corporate goals while incentivizing new store sales, same store sales, and revenue growth

Research effectiveness of current sales compensation metrics and review for potential areas of improvement

Support the annual benchmark process for incentive eligible roles to ensure LPL maintains competitive pay practices

Ad hoc compensation related requests as needed

What are we looking for?

We want strong collaborators who can deliver a world-class client experience . We are looking for people who thrive in a fast-paced environment , are client-focused , team oriented , and are able to execute in a way that encourages creativity and continuous improvement .

Requirements :

Bachelor’s Degree required

5 years of business experience with preferably 3 years of sales compensation experience

Core Competencies :

Excellent MS Excel skills (e.g. pivot tables, complex formulas)

Solid understanding and experience with Workday

Exceptional client service skills

Ability to effectively interface with and influence all levels of the organization.

Strong verbal and written communication skills

Ability to work efficiently as a team

Strong attention to detail

Continuous improvement mindset

Program and Time management skills

Sensitivity in working with confidential information

Preferences :

Certified Compensation Professional (CCP) certification preferred

Pay Range :

75,800.00 - $126,300.00Actual base salary varies based on factors, including but not limited to, relevant skill, prior experience, education, base salary of internal peers, demonstrated performance, and geographic location. Additionally, LPL Total Rewards package is highly competitive, designed to support your success at work, at home, and at play – such as 401K matching, health benefits, employee stock options, paid time off, volunteer time off, and more. Your recruiter will be happy to discuss all that LPL has to offer!

Salary : $75,800 - $126,300