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
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