Remove Compensation Remove Retention Remove Software Remove Training
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5 Key Pillars of Effective Sales Performance Management

The Spiff Blog

These pillars include organizational alignment, robust reporting, ongoing professional development, incentive compensation, and sales enablement. Henry Ford once said, “The only thing worse than training your employees and having them leave is not training them and having them stay.” ” And, it’s true!

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3 Keys to Building an Effective Commission Plan

The Spiff Blog

Perhaps you’re an 8-year-old business focusing on retention– or maybe you’re finally in a phase of sustainable growth. But remember that while the execs are driven by revenue and low customer churn, your sales reps are driven by their incentive compensation plans. What are you trying to achieve with this compensation plan?

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The Customer Success experiment: How focusing on long-term value solved our retention problem

Nutshell

The problem that inspired my next steps was that renewals between 10 months and one year were dropping below 100% MRR retention. Customer Success was treated as an all-purpose response for a variety of negative customer impacts like missed sales expectations, a bad product fit, or was used to compensate for poor support experiences.

Retention 107
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The Sales Leader's Guide to Performance Management

Hubspot Sales

Employee retention in the sales field continues to be an issue. Sales performance management tracking can provide valuable data enabling your organization to forecast future sales trends and employee compensation rates — particularly for commission-based compensation structures. Performance-based compensation.

SAP 127
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What My Least Favorite College Course Taught Me About Sales Training Software

Lessonly

I did learn something… I forgot pretty much everything I learned from that class except for one thing that I even share with customers evaluating sales training software today. The types of sales training programs that are “in-person-heavy” are not inherently bad. Here it is. Efficacy focuses on the outcome.

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A Sales Leader’s Blueprint for 2014

SBI Growth

Territory design, quotas and compensation plans. Steve is a VP of The Americas of a large enterprise software company. Change the compensation plan to incent new logo growth by adding an accelerator. Increase base pay by 7-9% across the board to help with retention. Sales training. An Example. Steve’s new plan.

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CROs: Double Down on Seller Experience to Do More with Less

The Spiff Blog

Let’s address something that, although obvious, often goes unstated during conversations about sales compensation. Something else to consider: A shocking 89% of sales turnover is caused by deficient or unclear compensation ( source ). How to Motivate Sales Managers with Compensation Strategy.