Compensation Manager (Biotech)

Location: Chicago, United States

Salary: $110,000–$150,000 per year; the range may vary for other locations and actual pay depends on qualifications and experience.

Company

Develops an AI-powered precision medicine platform that connects real-world evidence with clinical insights to support treatment decisions.

What you will do

• Advise HR Business Partners and Recruiters on offer structuring, salary bands, total rewards, and compensation policy application.
• Lead the annual sales incentive plan cycle, including design, stakeholder approvals, communications, commission metrics, and workflow governance.
• Analyze offers against internal structures and market benchmarks, recommending competitive and equitable packages while minimizing exceptions.
• Partner with HR, Finance, Sales Leadership, and Sales Operations on compensation strategy, plan effectiveness, and cross-functional execution.
• Conduct market benchmarking and job matching using compensation surveys such as Radford, and evaluate roles within the job architecture.
• Support annual compensation reviews, compliance with labor laws and pay transparency requirements, and automation of recurring compensation workflows.

Requirements

• At least 7 years of professional experience in corporate broad-based compensation design and administration.
• Advanced proficiency in Microsoft Excel or Google Sheets, including building metrics, managing large datasets, and deriving strategic conclusions from raw data.
• Ability to manage complex cross-functional timelines, coordinate multiple stakeholder inputs, and navigate ambiguity in a fast-paced environment.
• Clear and confident communication skills, including the ability to explain technical compensation frameworks persuasively to business partners and senior leaders.

Nice to have

• At least 2 years of direct experience in sales incentive plan design, metric tracking, or sales compensation analytics.
• Experience in SaaS, biotech, life sciences, or another high-growth, performance-driven environment.
• Workday experience.

Culture & Benefits

• Benefits may include incentive compensation, restricted stock units, medical benefits, and other benefits depending on the position.
• Compensation programs emphasize external competitiveness, internal equity, and alignment with business performance.
• Equal opportunity employment with nondiscrimination protections covering legally protected characteristics.