Compensation and Analytics Manager

Title: Compensation and Analytics Manager

Location: Lake Forest, IL

Duration: 6 Month

Employment Type: Part-Time

Working Hours: 09:00 AM - 02:00P M CST

100% Onsite

Qualifications

• Bachelor’s degree in Business, Finance, Economics, or a related field (Master’s degree is a plus).
• Minimum 5 years of experience in Commercial Excellence, Finance, or related roles with a strong understanding of incentive management and performance analytics.
• Proven experience working cross-functionally with Sales, Finance, and Commercial Operations teams.
• Strong analytical skills with proficiency in Excel, Power BI, or similar tools.
• Excellent communication and stakeholder management skills.
• Detail-oriented with a strong sense of ownership and accountability

Incentive & Award Management

• Collaborate with Commercial Excellence (ComEx) and Finance teams to design, validate, and implement incentive schemes aligned with business objectives.
• Manage the full incentive cycle: budget planning, updates, rLBE, actuals, placements, and pipeline closures.
• Perform monthly and quarterly incentive and award calculations, ensuring accuracy and timely payouts.
• Communicate performance results and incentive structures to the field force in a clear and engaging manner.
• Ensure governance of the incentive process, including validation, execution, communication, payout, documentation, and audit compliance.

Sales & KPI Target Management

• Partner with ComEx and Finance to validate, adjust, and communicate sales and KPI targets to the field force.
• Monitor and validate performance data to ensure alignment with strategic goals.
• Provide regular performance tracking and reporting to support leadership decision-making.

Analytics & Reporting

• Validate performance data for goal sheets and incentive calculations.
• Deliver insights and recommendations through performance analytics to optimize incentive effectiveness.

Incentive Model Management

• Oversee the design, maintenance, and optimization of incentive and award models on a monthly, quarterly, and annual basis.
• Ensure models are aligned with evolving business strategies and financial targets.

Consultants Eligible Benefits Upon Waiting Period

• Medical and Prescription Drug Plans
• Dental Plan
• Vision Plan
• Health Savings Account (for High Deductible Health Plans)
• Flexible Spending Accounts (Health, Limited Purpose, Dependent Care, Commuter Parking and Commuter Transit)
• Supplemental Life Insurance
• Short Term Disability (coverage varies by state)
• Long Term Disability
• Critical Illness, Hospital coverage, Accident Insurance
• MetLife Legal, MetLife ID Fraud, and MetLife Pet Insurance
• 401(k)

Abbott is a global healthcare leader that helps people live more fully at all stages of life. Our portfolio of life-changing technologies spans the spectrum of healthcare, with leading businesses and products in diagnostics, medical devices, nutritional and branded generic medicines.

Working together, Abbott and Talent Solutions partner to deliver top talent for contingent roles at Abbott, building better and healthier lives. Abbott believes all employees are essential to creating life-changing breakthroughs, performing key duties to create life-changing breakthroughs.