Sales Compensation Manager

Posted:
9/30/2024, 5:18:32 PM

Experience Level(s):
Mid Level

Field(s):
Business & Strategy ⋅ Sales & Account Management

Workplace Type:
Hybrid

Bloomreach is the world’s #1 Commerce Experience Cloud, empowering brands to deliver customer journeys so personalized, they feel like magic. It offers a suite of products that drive true personalization and digital commerce growth, including:

  • Discovery, offering AI-driven search and merchandising
  • Content, offering a headless CMS
  • Engagement, offering a leading CDP and marketing automation solutions

Together, these solutions combine the power of unified customer and product data with the speed and scale of AI optimization, enabling revenue-driving digital commerce experiences that convert on any channel and every journey. Bloomreach serves over 850 global brands including Albertsons, Bosch, Puma, FC Bayern München, and Marks & Spencer. Bloomreach recently raised $175 million in a Series F funding round, bringing its total valuation to $2.2 billion. The investment was led by Goldman Sachs Asset Management with participation from Bain Capital Ventures and Sixth Street Growth. For more information, visit Bloomreach.com.

 

About the Role:

We are seeking a motivated and detail-oriented SaaS Sales Commissions Manager to join our growing team. In this role, you will oversee the design, implementation, and management of our sales commission structure, ensuring it aligns with our business objectives and motivates our sales team to achieve their targets. If you are passionate about driving sales success through effective commission management and want to be part of a forward-thinking SaaS company, we encourage you to apply!

What you'll do:

  • Commission Structure Development: Design and implement competitive and fair commission plans that drive sales performance while aligning with company goals.
  • Performance Analysis: Monitor sales performance metrics and analyze data to assess the effectiveness of commission plans; make recommendations for adjustments as needed.
  • Collaboration with Sales Leadership: Work closely with sales leaders to understand sales strategies and ensure commission structures support these strategies effectively.
  • Administration and Compliance: Administer commission payouts, ensuring timely and accurate payments; maintain compliance with company policies and relevant regulations.
  • Reporting and Communication: Prepare and present reports on commission structures and sales performance to senior management; communicate changes and updates clearly to the sales team.
  • Training and Support: Provide training and support to the sales team regarding commission plans, processes, and tools.
  • Market Research: Stay updated on industry trends and benchmarks to ensure our commission structures remain competitive.

What you'll need:

  • 3+ years of experience in sales operations, commission management, or a similar role, preferably within the SaaS industry.
  • Strong analytical skills with proficiency in data analysis tools and CRM systems.
  • Excellent communication and interpersonal skills, with the ability to work collaboratively across departments.
  • Detail-oriented with strong organizational skills and the ability to manage multiple priorities.

Preferred Skills:

  • Experience with compensation management software and tools.
  • Familiarity with sales forecasting and performance metrics.
  • Knowledge of SaaS sales cycles and best practices.

Excited? Join us and transform the future of commerce experiences.

The base salary range for this position is $100,000-$135,000. The pay range actually offered will take into account a variety of potential factors considered in compensation, including but not limited to skills, qualifications, geographic location, accomplishments, experience, credentials, internal equity and business needs, and may vary from the range listed above.

Regional benefits:

  • Health care including medical, dental, and vision insurance
  • 401k plan with employer contribution

 

More things you'll like about Bloomreach:

Culture:

  • A great deal of freedom and trust. At Bloomreach we don’t clock in and out, and we have neither corporate rules nor long approval processes. This freedom goes hand in hand with responsibility. We are interested in results from day one. 

  • We have defined our 5 values and the 10 underlying key behaviors that we strongly believe in. We can only succeed if everyone lives these behaviors day to day. We've embedded them in our processes like recruitment, onboarding, feedback, personal development, performance review and internal communication. 

  • We believe in flexible working hours to accommodate your working style.

  • We work remote-first with several Bloomreach Hubs available across three continents.

  • We organize company events to experience the global spirit of the company and get excited about what's ahead.

  • We encourage and support our employees to engage in volunteering activities - every Bloomreacher can take 5 paid days off to volunteer*.
  • The Bloomreach Glassdoor page elaborates on our stellar 4.6/5 rating. The Bloomreach Comparably page Culture score is even higher at 4.9/5

Personal Development:

  • We have a People Development Program -- participating in personal development workshops on various topics run by experts from inside the company. We are continuously developing & updating competency maps for select functions.

  • Our resident communication coach Ivo Večeřa is available to help navigate work-related communications & decision-making challenges.*
  • Our managers are strongly encouraged to participate in the Leader Development Program to develop in the areas we consider essential for any leader. The program includes regular comprehensive feedback, consultations with a coach and follow-up check-ins.

  • Bloomreachers utilize the $1,500 professional education budget on an annual basis to purchase education products (books, courses, certifications, etc.)*

Well-being:

  • The Employee Assistance Program -- with counselors -- is available for non-work-related challenges.*

  • Subscription to Calm - sleep and meditation app.*

  • We organize ‘DisConnect’ days where Bloomreachers globally enjoy one additional day off each quarter, allowing us to unwind together and focus on activities away from the screen with our loved ones.

  • We facilitate sports, yoga, and meditation opportunities for each other.

  • Extended parental leave up to 26 calendar weeks for Primary Caregivers.*

Compensation:

  • Restricted Stock Units or Stock Options are granted depending on a team member’s role, seniority, and location.*

  • Everyone gets to participate in the company's success through the company performance bonus.*

  • We offer an employee referral bonus of up to $3,000 paid out immediately after the new hire starts.

  • We reward & celebrate work anniversaries -- Bloomversaries!*

(*Subject to employment type. Interns are exempt from marked benefits, usually for the first 6 months.)

Excited? Join us and transform the future of commerce experiences!

If this position doesn't suit you, but you know someone who might be a great fit, share it - we will be very grateful!


Any unsolicited resumes/candidate profiles submitted through our website or to personal email accounts of employees of Bloomreach are considered property of Bloomreach and are not subject to payment of agency fees.

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Bloomreach

Website: https://bloomreach.com/

Headquarter Location: Mountain View, California, United States

Employee Count: 501-1000

Year Founded: 2009

IPO Status: Private

Last Funding Type: Debt Financing

Industries: Information Technology ⋅ Marketing Automation ⋅ Software ⋅ Web Development