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Compensation Manager

Boston Scientific's hybrid workplace includes remote and onsite roles. By applying to this position, you will have the opportunity to discuss your preferred working location with your Talent Acquisition Specialist.

Remote Eligible:  Hybrid
Onsite Location(s): 

Maple Grove, MN, US, 55311

Additional Locations: US-MN-Arden Hills; US-MN-Mankato/Rochester; US-MN-Minneapolis; US-MN-Minnetonka; US-MN-Northern/Duluth; US-MN-Plymouth

Diversity - Innovation - Caring - Global Collaboration - Winning Spirit - High Performance

At Boston Scientific, we’ll give you the opportunity to harness all that’s within you by working in teams of diverse and high-performing employees, tackling some of the most important health industry challenges. With access to the latest tools, information and training, we’ll help you in advancing your skills and career. Here, you’ll be supported in progressing – whatever your ambitions.

About the role:

The Compensation Manager will lead the Interventional Cardiology Compensation team. You will be responsible for the overall compensation function including comp plan and awards design and implementation, quota allocation, comp expense budgeting, pay feed administration and comp plan effectiveness analytics.  This role is also responsible for data maintenance and performance reporting accuracy.

Your Responsibilities include:

  • Lead and develop a high functioning Interventional Cardiology Compensation team.
  • Effectively collaborate with finance, sales leadership, marketing, and other sales operations functions to execute on commercial strategies.
  • Develop, design, and implement effective compensation plans to support commercial strategies.
  • Researches and recommends compensation best practices.
  • Establish clear and consistent policies with respect to field compensation activities.
  • Accurately budget compensation expenses on a monthly and quarterly basis.
  • Ensure timely and accurate compensation administration and pay distribution.
  • Facilitate sales quota distribution process in collaboration with Sales Strategy, Marketing and Finance.
  • Execute data maintenance processes to ensure accurate performance reporting.
  • Develop insightful analytics and tools to support plan design, understanding of programs, and effectiveness
  • Provide field sales management with reporting and tools relative to field sales personnel performance.
  • Develop and execute sales awards programs.
  • Provide leadership on day-to-day tasks for team members.
  • Lead large and complex projects to support strategic initiatives and effectively partner across the organization.
  • Collaborates with IT to develop data capture tools and ongoing process improvements including systems integration, consolidation, and advancement.  Assists in setting long term information technology goals for the selling organization.
  • Foster a diverse workplace that enables all participants to contribute to their full potential in pursuit of organizational objectives.
  • Monitor and ensure compliance with company policies and procedures (e.g. federal/country and regulatory requirements)

What we’re looking for in you:
Basic Qualifications

  • Bachelor’s degree
  • Minimum 4+ years’ experience in finance, compensation, or sales operations
  • Experience leading a team with common vision, capabilities, process, technology, and tasks.
  • Highly motivated, high impact individual with strong technical, analytical and leadership competencies.
  • Strong business acumen and experience interacting with various level of management
  • Experience leading cross function teams and projects.
  • Demonstrated success driving process improvement, value improvement, and strategic solutions.
  • Ability to travel 5-10%

Preferred Qualifications

  • MBA degree
  • Experience in medical device industry

Familiarity with SAP, Tableau


Requisition ID: 555371


As a leader in medical science for more than 40 years, we are committed to solving the challenges that matter most – united by a deep caring for human life. Our mission to advance science for life is about transforming lives through innovative medical solutions that improve patient lives, create value for our customers, and support our employees and the communities in which we operate. Now more than ever, we have a responsibility to apply those values to everything we do – as a global business and as a global corporate citizen.


So, choosing a career with Boston Scientific (NYSE: BSX) isn’t just business, it’s personal. And if you’re a natural problem-solver with the imagination, determination, and spirit to make a meaningful difference to people worldwide, we encourage you to apply and look forward to connecting with you!

Nearest Major Market: Minneapolis

Job Segment: Business Process, Compliance, Medical Device, Marketing Manager, Law, Legal, Management, Healthcare, Marketing

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