Sr. Analyst, Incentive Planning

Posted 5 Days Ago
Be an Early Applicant
Newark, CA
108K-130K Annually
Mid level
Software
The Role
The Sr. Analyst, Incentive Planning is responsible for designing, implementing, and optimizing sales incentive programs. This role involves analyzing sales data, creating reports, collaborating with multiple teams, managing commission rollouts, and updating sales teams about program changes.
Summary Generated by Built In
Leading the future in luxury electric and mobility

At Lucid, we set out to introduce the most captivating, luxury electric vehicles that elevate the human experience and transcend the perceived limitations of space, performance, and intelligence. Vehicles that are intuitive, liberating, and designed for the future of mobility.

 

We plan to lead in this new era of luxury electric by returning to the fundamentals of great design – where every decision we make is in service of the individual and environment. Because when you are no longer bound by convention, you are free to define your own experience.

 

Come work alongside some of the most accomplished minds in the industry. Beyond providing competitive salaries, we're providing a community for innovators who want to make an immediate and significant impact. If you are driven to create a better, more sustainable future, then this is the right place for you.

The Sr. Analyst, Incentive Planning is responsible for helping to design, implement and optimize sales incentive programs to drive sales and performance within the sales force.

This Sr. Analyst, Incentive Planning role plays a crucial role in supporting the execution of programs that maximize sales and motivates/rewards the sales teams and individuals, with an emphasis on efficient spend. The ideal candidate will have a strong background in data analysis, incentive planning, and a deep understanding of the automotive industry.

Key Responsibilities:

  • Create and deliver regular reports and presentations on competitive offers, transaction prices, incentive spend, etc.
  • Analyze sales data to evaluate the effectiveness of incentive programs and make data-driven recommendations for adjustments
  • Collaborate with Sales, Finance, and HR teams to document sales targets and objectives by employee and by studio.
  • Work with cross-functionally to communicate commission program details, and terms and conditions to sales teams.
  • Coordinate the rollout of sales commissions, including tracking and monitoring progress.
  • Analyze performance metrics to evaluate the effectiveness of sales commissions.
  • Generate regular reports and dashboards to track program performance.
  • Identify trends and make data-driven recommendations for program improvements.
  • Conduct training sessions or workshops to educate sales teams about sales commissions.
  • Provide ongoing communication and updates regarding program changes or updates.
  • Address questions and concerns from sales teams regarding commissions.
  • Maintain accurate records and documentation related to sales commissions.
  • Support Compensation and Legal teams to review program terms and agreements.
  • Stay updated on industry best practices and trends in sales commissions and bonus plans.

Qualifications:

  • Bachelor's degree in business, finance, or a related field (Master's degree is a plus).
  • 3+ years in sales operations, compensation, or commission program coordination, preferably in automotive
  • Strong analytical skills with the ability to interpret data and generate insights.
  • Excellent communication and presentation skills.
  • Proficiency in Excel, Salesforce, and Tableau
  • Detail-oriented and highly organized.
  • Knowledge of relevant laws and regulations related to sales compensation and commissions.
  • Ability to work collaboratively in a team and interact with diverse stakeholders.
  • Creative problem-solving skills.

Salary Range: The compensation range for this position is specific to the locations listed below and is the range Lucid reasonably and in good faith expects to pay for the position taking into account the wide variety of factors that are considered in making compensation decisions, including job-related knowledge; skillset; experience, education and training; certifications; and other relevant business and organizational factors.

 

Additional Compensation and Benefits: Lucid offers a wide range of competitive benefits, including medical, dental, vision, life insurance, disability insurance, vacation, and 401k. The successful candidate may also be eligible to participate in Lucid's equity program and/or a discretionary annual incentive program, subject to the rules governing such programs. (Cash or equity incentive awards, if any, will depend on various factors, including, without limitation, individual and company performance.)

Base Pay Range (Annual)

$108,000-$130,000 USD

By Submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

To all recruitment agencies: Lucid Motors does not accept agency resumes. Please do not forward resumes to our careers alias or other Lucid Motors employees. Lucid Motors is not responsible for any fees related to unsolicited resumes. 

 

Top Skills

Excel
Salesforce
Tableau
The Company
Chicago, IL
520 Employees
On-site Workplace
Year Founded: 2010

What We Do

Lucid is a visual collaboration suite that helps teams see and build the future. Virtual whiteboarding, intelligent diagramming, and cloud visualization come together to empower organizations to take plans from initial ideas all the way to successful delivery. Together, they are utilized in over 180 countries by more than 25 million users. Ninety-six percent of the Fortune 500 use Lucidchart, and customers include Google, GE, NBC Universal and Johnson & Johnson. Lucid’s partners include industry leaders such as Google, Atlassian, Amazon Web Services, Salesforce, and Microsoft. Since the Utah-based company’s founding in 2010, it has received numerous awards for its business and workplace culture.

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