Senior Analyst, Incentive Compensation

Johnson & Johnson Innovative Medicine•Hopewell Township, NJ

1d•Onsite

About The Position

At Johnson & Johnson, we believe health is everything. Our strength in healthcare innovation empowers us to build a world where complex diseases are prevented, treated, and cured, where treatments are smarter and less invasive, and solutions are personal. Through our expertise in Innovative Medicine and MedTech, we are uniquely positioned to innovate across the full spectrum of healthcare solutions today to deliver the breakthroughs of tomorrow, and profoundly impact health for humanity. Learn more at jnj.com As guided by Our Credo, Johnson & Johnson is responsible to our employees who work with us throughout the world. We provide an inclusive work environment where each person is considered as an individual. At Johnson & Johnson, we respect the diversity and dignity of our employees and recognize their merit. Johnson & Johnson Innovative Medicine is recruiting for a Senior Analyst, Incentive Compensation for Intra-Cellular business based in Titusville, NJ. 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 Senior Analyst, Incentive Compensation is responsible for supporting the development of incentive programs that motivate the sales force and drive results. Administer the day-to-day activities of incentive compensation programs, including but not limited to, education and training, incentive plan effectiveness monitoring, data maintenance and system updates. Provides weekly, monthly, and quarterly accuracy of Sales Incentive Compensation Plan (SICP) reporting and payouts through a comprehensive set of quality checks (QC). Collaborates and works with IC Associate Director, IC Manager, Sales Operations team members, Data Management team members, the Information Technology (IT) department, as well as outside vendors, to process, validate and distribute SICP reports to the sales force on a regular, timely basis and coordinates payments with Human Resources, Finance, and Payroll departments. Ensures compliance with various global laws, regulations, and Health Care Compliance requirements. Investigates and resolves sales force inquiries related to incentive compensation. Administer Rewards and Recognition programs, Starter Ratings and Ad Hoc contests. Provides tracking support for various Sales & Marketing contacts plus partners with the Call Planning and Alignments team to ensure appropriate business rules. Continuously looks for ways to increase effectiveness and efficiencies to deliver value. Supports co-promotions and multiple selling models.

Requirements

Bachelor’s degree required
Minimum of 3 years of total business experience required
Excellent interpersonal and communication skills (verbal, written and presentation) is required
Proficient with standard computer software (Excel, PowerPoint, Word, Access etc.) is required
Strong analytical and integration skills required
Must demonstrate the ability to plan and prioritize to achieve results within a dynamic environment
Proven ability to lead with minimal direction required
Must be willing to partner and collaborate across all cross functional areas

Nice To Haves

A minimum of 2 years of Incentive Compensation experience in the healthcare industry preferred
Experience with the pharmaceutical sales process preferred
Experience working with Tableau, and Wizard AI is preferred
Experience in an operation’s and/or field environment strongly preferred
Familiarity with syndicated data sources (e.g., IMS/IQVIA, etc.) and data warehouse environments is strongly preferred
Familiarity with SAS, Data Warehouse, and Salesforce.com preferred
Experience working with field sales as well as IT preferred
Willingness to “have an opinion” backed up by data and the confidence to influence in meetings and one to one basis is preferred
Experience in leveraging insights/analytics to develop comprehensive and impactful recommendations and solutions that drive key decisions are preferred
Adept in maneuvering within a matrixed organization and building productive collaborative relationships is preferred

Responsibilities

Conducts monthly IC processing validations to ensure accuracy of data, appropriate incentives, attainable goals, and to monitor performance against established plans
Distributes incentive compensation reports to the sales force
Works with sales team members to answer inquiries, investigate issues, devise solutions, and provide education and training on incentive compensation topics
Provides timely communications to the sales force and is responsive to all inquiries and questions
Sends updates to the sales force on contest rules, status and results
Designs recognition messages to be disseminated by leadership
Designs contest reports that align to the strategic objectives outlined by marketing partners

Benefits

Subject to the terms of their respective plans, employees are eligible to participate in the Company’s consolidated retirement plan (pension) and 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 period10 days
Volunteer Leave – 32 hours per calendar year
Military Spouse Time-Off – 80 hours per calendar year