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Incentive Compensation Manager

Galderma is the emerging pure-play dermatology category leader, present in approximately 90 countries. We deliver an innovative, science-based portfolio of premium flagship brands and services that span the full spectrum of the fast-growing dermatology market through Injectable Aesthetics, Dermatological Skincare and Therapeutic Dermatology. Since our foundation in 1981, we have dedicated our focus and passion to the human body's largest organ - the skin - meeting individual consumer and patient needs with superior outcomes in partnership with healthcare professionals. Because we understand that the skin, we are in shapes our lives, we are advancing dermatology for every skin story.

 

We look for people who focus on getting results, embrace learning and bring a positive energy. They must combine initiative with a sense of teamwork and collaboration. Above all, they must be passionate about doing something meaningful for consumers, patients, and the healthcare professionals we serve every day. We aim to empower each employee and promote their personal growth while ensuring business needs are met now and into the future. Across our company, we embrace diversity and respect the dignity, privacy, and personal rights of every employee.

 

At Galderma, we actively give our teams reasons to believe in our bold ambition to become the leading dermatology company in the world. With us, you have the ultimate opportunity to gain new and challenging work experiences and create an unparalleled, direct impact.

Job Title:     Manager, Incentive Compensation

Location:     Boston or Miami – Hybrid, 3 days/week in office

Job Description

The Manager of Incentive Compensation will be a key member of the Galderma Commercial Excellence IC team, reporting to the Head of US Portfolio Analytics and Intelligence.  This position is responsible for the design and administration of incentive compensation plans and contests in support of Galderma’s US Market business units. 

This role works in close collaboration with cross-functional stakeholders in Sales and Marketing, Finance, HR and Legal to build and administer highly effective, motivating and fiscally responsible compensation plans.  

Key Responsibilities  

  • Lead the design and on-going administration of sales incentive compensation plans. Ensure plans motivate field personnel and support the commercial sales objectives. Build appropriate reporting and tracking for key stakeholders.
  • Identify process improvements, system automation, and data enhancements based on historical IC performance and feedback collected from the Sales leadership
  • Anticipate customer needs and market trends by being externally and internally focused and leveraging a deep understanding of stakeholders
  • Identify opportunities to enhance Galderma’s competitive advantage through innovative and motivating incentive strategies
  • Perform analysis on different compensation plan changes to understand the impact on the business and partner with sales leadership on the evolution of the compensation plans as the product matures.
  • Ensure all plan designs are communicated accurately to maximize comprehension and engagement
  • Develop monthly accrual forecasts to ensure alignment between compensation plans and financial budgets.
  • Complete administrative tasks such as roster maintenance, PO generation, payroll file management, and compensation plan support.
  • Maintain and ensure consistent compliance with a quarterly cadence IC calendar by leveraging highly effective organizational skills to facilitate timely submission of deliverables.

Skills & Qualifications

  • Bachelor’s degree in a quantitative or business-related field, required
  • 4+ years of Commercial Operations progressive experience, within a corporate environment is required
  • Direct pharmaceutical manufacturer and/or pharmaceutical consultant/vendor experience preferred
  • Strong understanding of specialty pharma markets (dermatology) preferred
  • Ability to simplify complex content to ensure key messages are effectively delivered to customer stakeholders.
  • The ideal candidate will possess expertise within the Incentive Compensation domain and is someone who is excited to work on complex business issues and is able to find creative options and innovative solutions in a constantly changing environment.
  • Proven ability to work in a team-based matrix environment without direct authority and through influence and expertise
  • Advanced Excel skills required (advanced lookup functions, pivot tables, macros, and data management).
  • Experience with data querying and data visualization tools (PowerBI, Tableau, etc.)
  • Possesses the proven ability to build relationships with key internal leaders to achieve consensus or negotiate through complex challenges
  • Ability to successfully manage multiple projects simultaneously in a fast-paced and often changing environment.
  • Demonstrated ability to act decisively in the absence of complete information and be comfortable with appropriate risk
  • Analytical skills with a high degree of accuracy and attention to detail
  • Superb written and verbal communication skills
  • Track record of creating scalable process improvements
  • 10% travel to participate in regional and national meetings

Position is commensurate with experience.

What we offer in return

You will be working for an organization that embraces diversity & inclusion and believe we will deliver better outcomes by reflecting the perspectives of our diverse customer base.

Next Steps

  • If your profile is a match, we will invite you for a first virtual conversation with the recruiter.
  • The next step is a virtual conversation with the hiring manager 
  • The final step is a panel conversation with the extended team

Our people make a difference.

At Galderma, you’ll work with people who are like you. And people that are different. We value what every member of our team brings. Professionalism, collaboration, and a friendly, supportive ethos is the perfect environment for people to thrive and excel in what they do.

Employer’s Rights:

This job description does not list all the duties of the job.  You may be asked by your supervisors or managers to perform other duties.  You will be evaluated in part based on your performance of the tasks listed in this job description. The employer has the right to revise this job description at any time.  This job description is not an employment contract, and either you or the employer may terminate employment at any time, for any reason. In addition, reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of this position.

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Average salary estimate

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What You Should Know About Incentive Compensation Manager, Galderma

Join Galderma as the Incentive Compensation Manager in Boston, where you’ll lead the charge in designing and administering incentive compensation plans that inspire our sales teams! At Galderma, we take pride in being a pure-play dermatology leader, committed to enhancing the skin health of people across the globe. In this role, you’ll partner closely with various teams, including Sales, Marketing, Finance, and HR, bringing your expertise to create compensation plans that not only motivate individuals but also align with our commercial objectives. Your responsibilities will include analyzing market trends and performance data to refine our strategies, ensuring that our compensation structures remain competitive and compelling. You will be instrumental in maintaining compliance and facilitating the timely delivery of payroll and administrative tasks. We’re on the lookout for someone who not only has a strong background in commercial operations but also excels in collaboration and thrives in a dynamic environment. You’ll enjoy a supportive culture that values diversity and personal growth while making impactful contributions in the fast-evolving dermatology sector. If you’re passionate about finding innovative solutions and supporting teams to reach their full potential, Galderma is the perfect place for you to apply your talents and grow your career!

Frequently Asked Questions (FAQs) for Incentive Compensation Manager Role at Galderma
What are the key responsibilities of the Incentive Compensation Manager at Galderma?

The Incentive Compensation Manager at Galderma will be responsible for designing and overseeing sales incentive compensation plans. This includes motivating field personnel aligned with commercial sales objectives, conducting analysis on compensation plan changes, and ensuring effective communication of plan details to maximize stakeholder engagement. Additionally, this role involves building relationships across various teams to enhance compensation strategies and executing administrative tasks related to compensation management.

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What qualifications are needed for the Incentive Compensation Manager position at Galderma?

To qualify for the Incentive Compensation Manager position at Galderma, candidates should possess a Bachelor’s degree in a quantitative or business-related field along with at least 4 years of experience in Commercial Operations. While direct experience in the pharmaceutical sector is preferred, strong analytical skills, advanced Excel capabilities, and a proven ability to operate in a team-based matrix environment are essential for success in this role.

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How does Galderma support career growth for the Incentive Compensation Manager?

Galderma is dedicated to employee development and personal growth. As the Incentive Compensation Manager, you will have access to diverse experiences that challenge you to grow your skills. The environment fosters inclusivity and collaboration, enabling employees to leverage their unique strengths and contribute meaningfully to the company’s mission in the dermatology sector.

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What makes the Incentive Compensation Manager role at Galderma unique?

The Incentive Compensation Manager role at Galderma is unique due to its emphasis on collaboration across multiple functional areas, from Sales to HR. This role offers the opportunity to implement innovative incentive strategies that directly impact the success of our sales teams and contribute to our overall business objectives. Additionally, you'll be working within a highly respected organization committed to advancing dermatology and enhancing the lives of patients worldwide.

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What skills are essential for success as an Incentive Compensation Manager at Galderma?

Essential skills for success as an Incentive Compensation Manager at Galderma include strong analytical abilities, advanced Excel skills, and a deep understanding of incentive compensation structures. The ability to communicate complex information effectively, build rapport with diverse teams, and manage multiple projects in a fast-paced environment are also crucial for excelling in this role.

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Common Interview Questions for Incentive Compensation Manager
Can you describe your experience with designing incentive compensation plans?

When answering this question, discuss specific experiences where you led the design of incentive compensation plans, highlighting the methodologies you employed, stakeholder involvement, and any measurable impacts these plans had on sales performance.

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How have you collaborated with cross-functional teams in your previous roles?

Share examples of how you've worked effectively with teams such as Sales, HR, and Finance. Detail the challenges faced and how your approach fostered collaboration and ultimately led to successful outcomes.

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What software tools do you use for data analysis and reporting?

Mention the specific tools you are proficient in, like Excel or data visualization software such as PowerBI or Tableau. Provide an example of how you utilized these tools in past projects to extract insights or streamline processes.

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Describe a time when you had to adapt your incentive strategy based on market trends.

Use the STAR method (Situation, Task, Action, Result) to describe the scenario. Explain how you identified market trends, the adjustments made to the incentive plans, and the overall outcomes of those changes.

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What process do you follow for compiling and communicating compensation plan designs?

Discuss your method for ensuring clarity and comprehension among stakeholders regarding compensation plans, such as creating detailed documentation and utilizing visual aids during presentations to enhance engagement.

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How do you manage tight deadlines while maintaining attention to detail in your work?

Provide tactics you use to prioritize tasks, such as creating detailed project timelines and utilizing checklists to ensure thoroughness even under pressure. Share examples of past experiences that demonstrate your ability to manage deadlines without sacrificing quality.

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What strategies do you employ to evaluate the effectiveness of incentive compensation plans?

Discuss key performance indicators (KPIs) you may have used in past roles to assess the impact of incentive plans, such as sales performance metrics and employee engagement levels. Offer insights into how you adjust strategies based on these evaluations.

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How do you handle conflicts with stakeholders regarding compensation structures?

Talk about your conflict resolution skills, emphasizing active listening and collaborative problem-solving approaches. Share a specific example of a conflict that was resolved through effective communication and compromise.

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What motivates employees based on your experience with incentive plans?

Share insights on what elements of incentive plans have been most effective at motivating employees in your experience, such as performance recognition, alignment with personal career goals, or transparency in the compensation process.

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Can you provide an example of how you've driven process improvements in incentive compensation?

Use a specific project to illustrate how you recognized opportunities for enhancement, developed actionable plans, and successfully executed changes that added value to the organization, improving efficiency or engagement.

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Refining and reinforcing our purpose has drawn us together as One Galderma. In line with our ambition to become the leading dermatology company in the world, it reminds us each and every day why we do this: We are advancing dermatology for every s...

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DATE POSTED
March 29, 2025

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