article thumbnail

A Foolproof Framework for Better Incentive Communication

The Spiff Blog

The only remedy is a formal incentive communication strategy. This post will show you how to deconstruct your current sales compensation process to ultimately build a more effective incentive communication strategy. Document your current sales compensation processes. Refine your documentation and communication channels.

article thumbnail

Six People You Should Invite to Your Incentive Compensation Planning Party

Xactly

You may feel we’re being a bit too generous here with the word “party,” but considering how much we love flawless incentive compensation, we think a celebratory vibe is just what your planning committee really needs. So, how do you know if you have the right mix of attendees for your incentive compensation planning party?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

2022 Sales Compensation Trends: Notes from the WorldatWork Conference

Sales Hacker

Controversial panel titles included “Making the Case for 100% Base Salary in Sales” and “ Comp Plan Documents Released in the First Month of the Fiscal Year?”. For example, artificial intelligence enables the efficient and practical application of unstructured data for sales performance management and incentive plan design. Cool stuff!

article thumbnail

Expert Tips for Improving Sales Operations Efficiency

Highspot

We’ll talk about how good leadership, special sales incentives, and clear jobs can help make sales ops better. Imagine sales ops identifies a decline in quarterly sales for two quarters, traced through metrics like lead conversion rates and win rate. Strengthen Leadership Skills Implement development programs for sales leaders.

article thumbnail

4 ways to use sales gamification in your sales process

PandaDoc

Employee engagement increases when the incentives are worth the effort required to do well. When executed properly, contests can dramatically boost sales productivity by offering incentives for high performers. This could be a monetary incentive like a cash prize, or a prize of some significant value. Get the ebook 2.

article thumbnail

18 Ways to Maximize Sales Pipeline Stages’ Conversion

Troops

18 ways to improve conversion from stage to stage. You will be able to quickly identify gaps and bottlenecks in your process by measuring conversion drop offs. 18 tactics to improve conversion across your sales pipeline stages. Properly document what it takes to consider a stage complete, and make a checklist.

article thumbnail

A Pocket Guide to Preventing Commission Nightmares [Infographic]

The Spiff Blog

Fix, reorganize, and document the things within your control while you continue to have conversations with key stakeholders about investing more time and resources in the future of your comp programs. But, as we’ve shown you, there are solutions that can solve your primary pain points in both the short term and long term future.