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29 Critical Sales Compensation Benchmarks & Statistics for 2022

The Spiff Blog

If you’ve worked in sales, revenue operations, or finance for any amount of time, I don’t have to tell you how important sales compensation is. You already know the right sales compensation plan can motivate your team, improve their performance, and boost overall job satisfaction. Current Sales Compensation Benchmarks.

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2022 Sales Compensation Trends: Notes from the WorldatWork Conference

Sales Hacker

Scott Barton, Varicent’s VP of Industry Solutions & 20-year sales compensation industry pro, attended WorldatWork’s 2022 Sales Compensation Conference. Despite these advances, few industry pros currently use predictive or prescriptive analytics for determining sales compensation plan effectiveness.

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HubSpot’s 2022 Sales Strategy & Trends Report: Data from 1000 Global Sales Pros

Hubspot Sales

We surveyed over 1,000 sales professionals around the globe to find out the top sales trends of 2022, and one thing is certain – the pandemic made a lasting impact on the relationship between salespeople and their prospects. If you’re looking for a specific insight, you can skip ahead to these sections: The Top Sales Trends.

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Where Will Sales Investments Pay off in 2022?

Sales Hacker

As we begin 2022, B2B buyers are more digitally inclined than ever. They’re researching business products and services online, purchasing via websites as much as they can, and foregoing interactions with sales representatives whenever possible. Of course, the shift to digital sales tactics has been underway for years.

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Best Practices for Pay Transparency Around Your Sales Reps

Speaker: Grayson Morris, CEO, Performio & Lisa Wallace, Co-Founder, Assemble

Your talent acquisition team has spent months recruiting for your latest sales position. How a clearly defined incentive compensation process can provide transparency around commission structures, so reps don’t think comp is a “black box”. October 12th, 2022 at 12:30 pm PDT, 3:30 pm EDT, 8:30 pm BST

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Recognition Remains a Priority Budget Item

Sales and Marketing Management

Companies are trimming daily perks, but maintaining spending on incentives. The Incentive Research Foundation reports 2022 incentive trends. The post Recognition Remains a Priority Budget Item appeared first on Sales & Marketing Management.

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5 Social Selling Strategies For E-Commerce Success in 2022

Sales Hacker

According to a recent Hootsuite study, business leaders that incorporated social selling tactics into their sales strategy were 45% more likely to see higher conversion rates in 2022. In order to unlock the social sales funnel, company leaders must prioritise a content-driven experience when rewriting their sales strategy.