article thumbnail

X-Factor Compensation Leaders: How to Be Incredible at Incentive Planning (CoreSite)

Xactly

Sales Compensation is one of the most important steps because it drives sales behaviors and ultimately helps your company reach its goals. That’s why the job, known as sales operations, carries an incredible amount of responsibility. Position: Sales Operations. Time in sales compensation: 5 years.

article thumbnail

X-Factor Compensation Leaders: How to Be Incredible at Incentive Planning (Infoblox)

Xactly

A strong incentive plan drives sales behaviors that help companies grow and achieve their goals. As a sales operations and compensation professional, compiling a team and analyzing metrics to create a compensation plan carries an incredible amount of responsibility. How do you envision the future of sales compensation?

Insiders

Sign Up for our Newsletter

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

article thumbnail

29 Critical Sales Compensation Benchmarks & Statistics for 2022

The Spiff Blog

More than 40% of surveyed sales leaders missed revenue targets in 2020 ( source ). 58% of sales teams said that they will increase the size of their workforce in the next year ( source ). In the 1990s, approximately 25% of US companies were using non-cash rewards compared to 80% in 2018 ( source ). in the United States.

article thumbnail

X-Factor Compensation Leaders: How to Be Incredible at Incentive Planning (Palo Alto Networks)

Xactly

Sales compensation is one of the most important components of sales planning. Sales operations and compensation professionals must compile a team to piecing together metrics and goals, which carries an incredible amount of responsibility. She runs half marathons and is training for her fourth marathon in May 2018.

article thumbnail

[Webinar Recap] Three Best Practices for Sales Compensation

Xactly

These best practices are the result of over a decade’s worth of sales performance management and incentivization experience, along with corroborating data from the 2018 Sales Compensation Best Practices Study. According to the 2018 Sales Compensation Best Practices Study, 80% of companies struggle to pay commissions accurately.

article thumbnail

The Missing Link Between Your CRM Investment and Sales Performance

Miller Heiman Group

When we ask sales leaders this question, answers often range from “not very” to “not at all.” In our 2018 Sales Operations Optimization Study conducted by CSO Insights, only 47 percent of respondents reported adoption rates of greater than 90 percent. 1: A formal sales process drives CRM adoption.

CRM 81
article thumbnail

Your Quotas are Awful: How to Improve Sales Performance with Comp Plan Design

Xactly

Poor performance often stems from poor sales planning. When compensation plans aren’t well designed, it can become a race between sales, sales operations, and finance to point the blame. Really, the focus should be on how you can improve sales performance with well-designed incentive plans. 0% to 75%.

Quota 58