The Spiff Blog

SEPTEMBER 1, 2022

If you’ve worked in sales, revenue operations, or finance for any amount of time, I don’t have to tell you how important sales compensation is. You already know the right sales compensation plan can motivate your team, improve their performance, and boost overall job satisfaction. So, what makes a good sales compensation plan in 2022?

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Compensation Salary Incentives Incentive 81

Troops

AUGUST 8, 2018

How much do top tech companies structure their sales compensation plans? We analyzed the compensation packages at tech companies known to be aggressively hiring salespeople. Using data from Glassdoor, we were able to take a deeper look at how salespeople get compensated. The answer, it turns out, can vary widely.

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Compensation Company Salary Hiring 75

Hubspot Sales

NOVEMBER 16, 2020

That's why uncapped commission can be a powerful incentive for sales reps to exceed expectations. If a sales rep's commission is capped at $50,000 for $500,000 worth of sales in a quarter, what incentive do they have to try to go beyond that? As far as mentioning compensation, be frank with candidates.

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Commission Incentives Incentive Hiring 128

Hubspot Sales

APRIL 24, 2019

Did you know 43% of workers would be willing to leave their companies for a 10% salary increase ? Compensation is an important factor in attracting and retaining employees, especially in sales. Imagine if almost half of your sales team left the company because of a poorly designed compensation plan. What is the base salary?

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Commission Salary Compensation Territories 122

The Spiff Blog

APRIL 21, 2022

Compensation is the biggest line item at any organization, but leaders often overlook the processes behind it— including commission calculation and commission management processes. And, 89% of sales turnover is caused by deficient compensation ( source ). base salary ( source ). Average base salary. Why so high?

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Hiring Commission Compensation Churn 70

Pipeliner

SEPTEMBER 24, 2018

These days I remembered something I’ve read back in 2006 and somehow kept in the back of mind all this time: ‘’Everyone wants to be the VP of marketing and do the cool stuff like advertising and promotion. Why hire someone to pitch in with Sales and then have them filling expense reports or tracking incentives instead?

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Scale Hiring Compensation Incentives 56

Xactly

AUGUST 15, 2018

Download the "2018 Sales Compensation Administration Best Practices Executive Guide," for incentive compensation trends, best practices, and tips to drive the right sales behaviors to kickoff your sales compensation planning. What is their average salary? Kickstart your compensation planning.

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Ideal Customer Profile Compensation Sales Qualified Lead Sales Cycle 40