Associate Director, Incentive Compensation

Johnson & Johnson Innovative Medicine•Hopewell Township, NJ

1d•Onsite

About The Position

Our expertise in Innovative Medicine is informed and inspired by patients, whose insights fuel our science-based advancements. Visionaries like you work on teams that save lives by developing the medicines of tomorrow. Join us in developing treatments, finding cures, and pioneering the path from lab to life while championing patients every step of the way. Learn more at https://www.jnj.com/innovative-medicine. The Associate Director, Incentive Compensation partners with Sales and Marketing Senior Leadership to define and develop a compensation program that aligns with the organization’s strategic plan, and which drives incremental sales growth. The Associate Director, Incentive Compensation effectively integrates the key business drivers into compensation plan designs to support short-term and long-term objectives and ensures all compensation plans are compliant with various Global Laws, Regulations, and Health Care Compliance requirements including overarching umbrella Johnson& Johnson Sales Compensation Playbook requirements.

Requirements

Bachelors degree is required
5 years of experience working in Incentive Compensation is required
Strong communication skills presenting to Senior Leader (Presidents, Vice Presidents, Senior Directors etc. most notably with Sales & Marketing Leadership) is required
Excellent organizational skills; detail oriented managing complexity is required
Adept in maneuvering within a matrixed organization and building productive collaborative relationships is required

Nice To Haves

Masters preferred
7 years of relevant pharmaceutical industry experience; relevant areas may include field sales, marketing, analytics, finance, etc. is preferred
Proficient understanding of pharmaceutical sales process is preferred
Familiarity with syndicated data sources (e.g., IMS/IQVIA, etc.) and data warehouse environments is preferred
Competency in MS Excel, PowerPoint, Data Visualization platforms etc. is preferred
Experience managing vendors is preferred
Previous people management experience is preferred
Familiarity with Intra-Cellular market preferred

Responsibilities

Serve as an internal subject matter expert on compensation topics, including having awareness of and recommending programs that are cost-effective and drive competitive positioning
Lead the development, implementation and maintenance of therapeutic area-specific sales incentive programs, aligned to a budget and forecast that support the business objectives of the franchise(s)
Develop and integrate marketing and field sales communication campaigns that create program awareness and drive incremental sales performance through field motivation
Oversee the design, development, communication, and maintenance of all field reports that support execution of the incentive program
Manage relevant field sales inquiries, where relevant to the Incentive Compensation Plan in a timely manner
Supervise direct reports, as assigned, in the development, implementation and maintenance of compensation programs

Benefits

employees are eligible to participate in the Company’s consolidated retirement plan (pension)
savings plan (401(k))
This position is eligible to participate in the Company’s long-term incentive program.
Vacation –120 hours per calendar year
Sick time - 40 hours per calendar year; for employees who reside in the State of Colorado –48 hours per calendar year; for employees who reside in the State of Washington –56 hours per calendar year
Holiday pay, including Floating Holidays –13 days per calendar year
Work, Personal and Family Time - up to 40 hours per calendar year
Parental Leave – 480 hours within one year of the birth/adoption/foster care of a child
Bereavement Leave – 240 hours for an immediate family member: 40 hours for an extended family member per calendar year
Caregiver Leave – 80 hours in a 52-week rolling period
10 days Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year