Company Description

Paying the right way, getting paid what you’re worth — it’s complicated, and it matters. Compensation used to be a dark art. Not anymore. PayScale helps employers and their employees understand the right pay for every position and effectively communicate about compensation.

PayScale pioneered the use of big data and unique matching algorithms to power the world’s most advanced compensation platform and continues to be the compensation market leader, featured in G2 Crowd's 100 Best Software Companies for 2018, based on user reviews.

Job Description

What We Do: The Enterprise segment specializes in finding compensation solutions for organizations with 4,000+ employees. You will develop a team of full-cycle Account Executives who have the unrivaled ability to sell all 3 of our core platforms to HR, Compensation, and Executive personas. Due to our diverse audience and complex sales cycle, this job requires quick thinking and agility. This team is essential to growing and scaling the sales organization by adding many key logos in North America to our portfolio of 8,000+ customers.

What You Do: In this role you will be responsible for mentoring Account Executives while helping to push PayScale products upstream and capitalize on the very upper end of the market. You will play a part in building and optimizing the territories which will help AEs to exceed their quarterly goals. We are looking for a highly motivated, results-focused, and engaging leader to continue to grow our Enterprise team.

Day-in-the-Life: As a Manager of Enterprise Sales, a typical day may include the following…

• Provide mentorship and feedback to AEs that helps to develop their skills and overall book of business
• Assist in deal strategy meetings with Account Executives
• Communicate the organization’s direction and vision to employees
• Maximize revenue from our largest accounts
• Build and optimize a new sales process that yields more opportunities, maintains a high ASP, and increases our win rate
• Assist in fostering a culture that promotes ownership and results
• Assist in bottom up and top down budget planning for the segment
• Reviewing metrics such as pipeline by stage, product mix, average sales price, discounting, completed engagements, etc. Then, establishing focus areas that will improve overall results from you team
• Help define Account Based Marketing plan for 2020

First Year in Role:

• Month 3: Have a clear understanding of Q4 pipeline and identify gaps. Build an action plan by AE to increase ASP and decrease time to close. Come up with plan for growing outbound opportunity creation which yields full territory coverage. Building training programs to help improve specific focus areas
• Month 6: Understand all stages of sales cycle, from leads to close, and articulate which levers we should focus on first, second, and third. Then, using these metrics, forecast possible upside while setting measurable check in dates on hypothesis.
• Month 12: Ramped new AEs to create a team with strong, consistent performance. You'll be able to understand the general ebbs and flows of territories and can create a plan for max territory coverage based on AE's skillsets.

Qualifications

Experience:

• 3+ years of SaaS Sales Management experience
• 8+ years of technology sales experience

Skills:

• Reporting: You're able to pull and report on data in a digestible format; as well as present solutions based on that data.
• Territory Management: You know how to manage the ever-changing world of territory sales, and are strategic about coverage in order to increase revenue and performance.
• People Management: You pretty much rock at Hiring, training, and developing strong talent.

Tools:

• Salesforce: You're a proficient Salesforce user (ideally you also have some experience in Lightning)
• MS Excel: Experience in using Excel to forecast and push data to AEs and the Management team
• PayScale Products: You'll need to quickly build expertise about the PayScale products so that you're able to better guide the sales cycles for AEs.

Additional Information

Meet Your Manager: This role reports to Justine Lyon, our VP of Sales, who began her career at PayScale 10 years ago. Having worked in all segments of the Sales organization, she's a firm believer in cross-segment and cross-department collaboration. Her Management style can be described as high energy and highly collaborative. She values strong business acumen and action oriented people.

Hiring Process: “Change is the only constant in life (and PayScale)” – Heraclites (okay, so we paraphrased a bit). The hiring process outlined below is a rough overview, and is subject to change based on business priority, interviewer availability, etc.

1. Recruiter Phone Screen
2. Hiring Manager Phone Interview
3. In-Person Interview with more members of the team

Benefits & Perks – The Highlights:

• Unlimited Paid Time Off policy
• 10 paid holidays AND Summer office closure the entire week of July 4th
• Amazing Medical/Vision/Dental/Prescription coverage: 100% company-paid premiums for employees; 50% for eligible partners and dependents
• Flexible Spending Account (FSA) options for pre-tax employee allocations towards: Medical, Dependent Care, Parking, and Transit
• Long Term Disability, Short Term Disability, and Company-paid Life Insurance
• Competitive Maternity and Paternity Leave, and onsite Mother’s Room
• 401k which vests immediately, complete with company match
• Onsite bike storage, lockers, showers, and clothes dryer
• Ergo friendly chairs and sitting-standing desks
• Company-hosted happy hours every Friday afternoon
• Fido Fridays (our canine colleagues join us the first Friday of every month. WOOF!)

Equal Opportunity Employer: PayScale provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, genetic information, marital status, amnesty, or status as a covered veteran in accordance with applicable federal, state and local laws. PayScale complies with applicable state and local laws governing non-discrimination in employment in every location in which the company has facilities.