Sr. Analyst, Incentive Planning

Number of employees

5500

Newark, CA, United States

Posted on: 2023-10-24

Category: emobility

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Expired

Employment type:

Full time

Experience required:

Senior

Salary

Salary not provided

About the company:

Lucid is the new generation of EV. Our relentless focus on innovation, luxury, and sustainability drives us into a reality where you no longer have to choose between doing great things, doing the right thing, and doing everything with the highest regard for efficiency and design. There were luxury cars, then EVs, now there’s Lucid.  

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 individual 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.

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.

·       San Francisco, CA (Bay Area) - $108,000 - $140,000 / year

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.)

Lucid maintains your privacy according to its Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

At Lucid, we don’t just welcome diversity - we celebrate it! Lucid Motors is proud to be an equal opportunity workplace. We are committed to equal employment opportunity regardless of race, color, national or ethnic origin, age, religion, disability, sexual orientation, gender, gender identity and expression, marital status, and any other characteristic protected under applicable State or Federal laws and regulations.
 
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. 

The Role

  • 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).
  • Proven experience in sales operations, compensation, or commission program coordination.
  • 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.
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