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Serving Others Never Goes Out of Style

Sales and Marketing Management

Helping others as a team is invigorating and bonding, which is why corporate social responsibility (CSR) continues to be a popular component of offsite meetings and incentive travel programs. Comparing the results from 2015/2016 with 2017/2018, CSR is actually up two points across all regions.

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29 Critical Sales Compensation Benchmarks & Statistics for 2022

The Spiff Blog

Insurance Sales Agents: $50,600. In a recent study of more than 160,000 salaries, job aggregator Indeed calculated the national average base salary to be $64,379 for a SaaS account executive and $49,216 for an account representative ( source ). Properly structured incentive programs can increase employee performance by 44% ( source ).

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Should Sales Teams Expect Higher Churn in 2023?

Hubspot Sales

HubSpot research confirmed this 35% churn rate. One LinkedIn study found that 64% of recruiting professionals believe that the job search will be more favorable to candidates (as opposed to employers) over the next five years. MIT research found a toxic culture was 10.4 Why do sales teams experience high turnover?

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TSE 1284: Why Your Brain Lies To You: Cash Is NOT The Best Motivator

Sales Evangelist

Tim Houlihan and Dr. Kurt Nelson are consultants who have spent more than 20 years working with companies to design incentives that will increase productivity within sales teams. However, once those needs are met, incentives that are more material or experiential in nature move people into greater effort.

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Going International in Times of Crisis: Good Move, or Too Risky for Established Companies?

Sales Hacker

Expanding internationally always requires significant investment and research. Some offer incentives for practices that can also be cheaper for you, such as filing information electronically. Determining if the time is ripe relies on answers to a few fundamental questions. Are New Opportunities More Receptive to Your Now-Digital Push?

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. For example, Corporate Integrity Agreements (CIAs) were implemented by the DoJ as a way to curtail off-label drug promotion which forced companies to ensure their sales incentives encouraged proper compliance.

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics. For example, Corporate Integrity Agreements (CIAs) were implemented by the DoJ as a way to curtail off-label drug promotion which forced companies to ensure their sales incentives encouraged proper compliance.