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Manager, Incentive Planning

Newark, CA

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.

As the Manager, Incentive Planning, you will be responsible for designing and managing incentive programs that drive sales, minimize costs, and enhance customer loyalty. Your work will be crucial in ensuring that our incentive strategies align with our business objectives and market conditions.

The Role 

  • Stay current with industry trends, regulatory changes, and best practices in incentive planning
  • Analyze market trends, competitor activities, and consumer behavior to optimize incentive offerings and maintain competitive advantage.
  • Collaborate with Sales, Financial Services, Marketing, Finance, and Product Marketing to ensure incentive programs are aligned with corporate goals and product launch strategies.
  • Develop and implement comprehensive incentive programs that balance market competitiveness, costs, and sales results; including presentation materials for both C-Level and retail staff alike.
  • Oversee the creation and standardization of all incentive program documentation to be distributed to internal stakeholders.
  • Monitor and evaluate the performance of incentive programs, using data-driven insights to make adjustments and improve effectiveness.
  • Prepare detailed reports and presentations on incentive program performance and key performance indicators for senior management on an annual, quarterly, and monthly basis.
  • Manage the budget for incentive programs, ensuring efficient allocation of resources and adherence to financial targets.
  • Oversee reporting and payout of sales commission program.
  • Manage and develop direct report.
  • Prepare any ad hoc reports as requested.

Qualifications 

  • Bachelor’s degree in Business Administration, Marketing, Finance, or a related field. MBA preferred.
  • At least 5 years of experience in incentive planning, financial services, sales operations, or related roles within the automotive industry.
  • Deep understanding of all aspects of automotive finance
  • Demonstrated success in developing and implementing effective incentive programs that drive sales and profitability.
  • Strong analytical skills with the ability to interpret complex data and generate actionable insights.
  • Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and external partners.
  • Detail-oriented with strong organizational skills and the ability to manage multiple projects simultaneously.
  • Proficiency in Microsoft Excel, PowerPoint, Salesforce, and Tableau
  • Familiarity w/ PIN+, S&P Global, MotorIntelligence, ALG
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.
 
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.)

Base Pay Range (Annual)

$140,000 - $165,000 USD

By Submitting your application, you understand and agree that your personal data will be processed in accordance with our Candidate Privacy Notice. If you are a California resident, please refer to our California Candidate Privacy Notice.

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. 
 

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