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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

Let’s suppose HR is fully engaged for redesign of a 2013 Sales Compensation plan. But wait – this new incentive compensation plan could flop. That would make 2013 worse than this year! So, he commissioned HR to design a new incentive compensation plan (IC Plan.) HR even brought in an expert compensation firm.

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11 Sales Compensation Complaints to Address Before Next Year

SBI Growth

Let’s say sales weren’t spectacular in 2013. Surely something is wrong besides the new incentive compensation. Incentive targets are linked in a competitive fashion, not on my own improvement. Some firms may use competitive ranking for parts of incentive compensation, or for the illustrious "President''s Club".

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How to Avoid Wasting Money on a Compensation Assessment

SBI Growth

HR leaders, get ready for the 2013 Sales Kickoff by fixing the flaws in your compensation plan today. And get your hands on a Competency Grader for compensation assesement providers as part of SBI's "Make The Number 2013.". Software Firm: The annual Employee survey is overflowing with negative comments about the incentive plan.

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New Product? Don’t Forget to Update the Sales Compensation Plan

SBI Growth

Congratulations, your organization is launching a new product in 2013! So how do we incent this behavior? When designing the quota for 2013 sales reps, incorporate the new product into the compensation plan. When a new product takes significantly longer to sell, sales reps will need to be given some extra incentive.

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SalesProCentral

Delicious Sales

Incentives (379). 2013 (4691). THE SALES HUNTER AUGUST 12, 2013 Is Your Sales Process Slow or Fast? MORE >> THE SALES INSIDER AUGUST 13, 2013 What Shakespeare Can Teach You About Predictive Analytics Predictive analytics and Shakespeare have more in common than you think. Prospecting (4539). Tools (2872).

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Programs to Increase Your Professionalism

Your Sales Management Guru

Friday, May 10, 2013 12:00pm Noon EST. The purpose of this interactive workshop will be to review techniques that all executives, sales leaders and sales professionals can use and to introduce a sales management process that ensures you are positioned for success. . Attendees will learn: 1) sample forecasting formats. REGISTER: https://m360.salesassociation.org/event.aspx?eventID=74422.

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Attrition Sales: Beat the Odds On Sales Team Churn Rates

LeadFuze

It’s the responsibility of managers to design and implement quotas, incentives, territories, roles and responsibilities. In 2013, I heard that Salesforce.com lost 750 of their 3,000 salespeople (25% attrition). See the pattern here? Ultimately, it†s not the responsibility of individual salespeople. A $200 Million Loss?

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