Hybrid Director of Compensation Strategy – Territory Management

Posted last month

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About the role

  • Director of Compensation Strategy at Medtronic overseeing incentive compensation and territory management across U.S. corporate teams. Leading initiatives to align compensation with business objectives.

Responsibilities

  • Serve as the strategic leader responsible for designing, implementing, and governing incentive compensation programs and territory deployment models across U.S. field and corporate commissioned teams.
  • Ensure that compensation strategies align with business objectives, drive performance excellence, and reinforce a culture of accountability and results.
  • Oversee managing end-to-end compensation processes—from plan design and territory modeling to payout execution and performance analytics.
  • Partner with executive and senior sales, marketing, HR, finance, and operations leaders to align compensation and territory strategies with business priorities.
  • Serve as a trusted advisor to senior leadership, offering strategic guidance on incentive design, deployment, and optimization.
  • Manage vendor relationships to ensure timely, accurate, and compliant execution of incentive plans.
  • Design and deploy incentive compensation programs, contests, and performance measurement frameworks that drive sales growth and align with organizational goals.
  • Establish governance models to ensure consistency, transparency, and compliance across all incentive programs.
  • Lead quarterly and annual review cycles, including plan design, modeling, approvals, and communication.
  • Translate business strategy into measurable compensation metrics and territory structures.
  • Oversee territory design, segmentation, and realignment to optimize coverage, market potential, and equity.
  • Collaborate with customer data operations teams to ensure accuracy and integrity of all territory and sales data inputs.
  • Drive continuous improvement through data-driven analysis and feedback from field teams.
  • Ensure the accuracy and validation of all incentive compensation data, reports, and payout calculations.
  • Generate insights and performance analytics to inform executive decisions and optimize plan effectiveness.
  • Coordinate system integration between incentive compensation platforms, CRM, and business intelligence tools.
  • Maintain alignment with corporate governance, audit, and ethical standards.
  • Benchmark internal practices against industry standards to identify and implement best-in-class solutions.
  • Communicate effectively across all levels of the organization to ensure understanding and alignment of IC and territory processes.

Requirements

  • Bachelor’s degree in Business Administration, Applied Economics, Computer Science, Information Technology, or a related field and 10+ years of progressive business experience and 7+ years of managerial experience
  • Or, advanced degree and 8 years of experience with 7+ years of managerial experience
  • 5+ years focused on incentive compensation strategy or deployment
  • Proven experience in incentive plan design, modeling, and implementation at scale
  • Strong analytical and problem-solving skills; advanced proficiency in Microsoft Excel and PowerPoint
  • Excellent communication, presentation, and stakeholder management skills
  • Experience in life sciences, medical devices, or technology industries preferred
  • Strategic thinker with operational rigor and attention to detail
  • Demonstrated success in influencing and leading cross-functional initiatives
  • Comfortable navigating ambiguity and driving alignment in complex, fast-paced environments
  • Passionate about leveraging data and technology to improve sales performance and engagement

Benefits

  • Health, Dental and vision insurance
  • Health Savings Account
  • Healthcare Flexible Spending Account
  • Life insurance
  • Long-term disability leave
  • Dependent daycare spending account
  • Tuition assistance/reimbursement
  • Simple Steps (global well-being program)
  • Incentive plans
  • 401(k) plan plus employer contribution and match
  • Short-term disability
  • Paid time off
  • Paid holidays
  • Employee Stock Purchase Plan
  • Employee Assistance Program
  • Non-qualified Retirement Plan Supplement (subject to IRS earning minimums)
  • Capital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums)

Job title

Director of Compensation Strategy – Territory Management

Job type

Experience level

Lead

Salary

$161,600 - $242,400 per year

Degree requirement

Bachelor's Degree

Location requirements

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