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Incentive Program FAQs

Sales and Marketing Management

Q: Why not use quota as a bar to require reps to pass before they’re eligible to earn in the incentive program? Stack ranking is not the tool to accomplish weed out the poor performers – what you need to do is manage. Part and parcel to that success is the deployment of effective sales incentives. Q: Why conduct a post-mortem?

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3 Must-Haves When Designing a Modern Sales Incentive Program

Crunchbase

When it comes to keeping sales reps happy and quotas attained, what worked over the past few years is no longer working One solution is the introduction of a sales incentive program that encourages reps to work toward a goal and receive recognition. The key to selecting the perfect one?

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Founder Q&A Series: Incentives and Compensation Structure

Sales Hacker

Spiff budget for monthly incentives/contests (keeps it fun). Cost of living limits incentive %. We are closing in on a CRO and I want to create an incentive (either cash or equity) on running an efficient revenue org and not just keeping incentives on Top Line growth given the macro environment. Appreciate you.

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23 Questions to Ask While Researching Sales Incentive Software

The Spiff Blog

So, you’ve realized commission spreadsheets are actually evil, and that sales incentive software will vastly improve transparency, efficiency, and your personal sanity. After all, the last thing you want is to sink time and resources into a brand new sales incentive software, only to find yourself struggling to use it. Problem solved.

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Investing Made Simple: A Beginner’s Guide to Brokerage Accounts

Pipeliner

A brokerage account is a financial account that allows investors to buy and sell stocks, bonds, mutual funds, exchange-traded funds (ETFs), and other investments. This guide aims to simplify the process of choosing a brokerage account for beginners. Commissions: Some brokers charge commissions for trading.

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8 Soft Skills for a Successful Career in Finance or Accounting

The Spiff Blog

Finance and accounting professionals perform tasks that are often complex, demanding, and incredibly consequential to the success of their company. But, mathematical skills and role-specific expertise are just a piece of the puzzle– success in finance or accounting also requires a number of equally important soft skills. Keep reading!

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The Risks and Considerations of AI for Commission Accounting

The Spiff Blog

An AI-powered tool that can automate plan creation based on simple inputs transforms an arduous and time-consuming activity into a hyper-efficient process– leaving compensation managers with more time to be strategic. On the surface, AI may seem like an inherently unbiased tool. Take commission plan creation, for example.