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Competition: The Invisible Enemy of Compensation Planning

SBI Growth

Each year, HR professionals pay for benchmark compensation data. It also includes a Competitive Compensation Analyzer to identify your unique situation. By participating in this free event at your office you will: Learn the best practices of the brightest sales people in our research. Poor Compensation Drives Turnover.

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2022 Sales Compensation Trends: Notes from the WorldatWork Conference

Sales Hacker

Scott Barton, Varicent’s VP of Industry Solutions & 20-year sales compensation industry pro, attended WorldatWork’s 2022 Sales Compensation Conference. Despite these advances, few industry pros currently use predictive or prescriptive analytics for determining sales compensation plan effectiveness. Is change in the air?

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How to Anticipate the Next Compelling Event of the Buyer Process

SBI Growth

Your Buyers face their own compelling events. If you are the leader of Sales Operations , ask yourself a few questions: Have I prepared the Sales team for the next compelling event? What seasonal events are approaching? Are we ready to provide solutions when these events occur? Identify compelling events real-time.

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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

This post will help you test a redesigned sales compensation plan to ensure cultural fit. Let’s suppose HR is fully engaged for redesign of a 2013 Sales Compensation plan. HR even brought in an expert compensation firm. But wait – this new incentive compensation plan could flop. Is the tool ready for easy entry?

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Territory Managers: A Look at Their Role, Skills, and Compensation

Hubspot Sales

Here, we'll take a closer look at what a territory manager does, the skills they're expected to have, how they're compensated, and the emerging practice of online territory management. That takes considerable awareness, experience, analytical skills, and — in many cases — a solid grip on some sales analysis tools.

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Can HR Avoid a Pay War Between Sales and Marketing in 2013?

SBI Growth

Usually, LDRs are compensated for their efforts with a base + variable compensation mix. And how can HR keep the peace when LDR pay threatens Sales compensation? Typically, LDR compensation comes from one of these methods: Marketing reallocates budgeted funds. Join the SBI Make the Number tour to find out how to do this.

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Sales Managers: Think You’re Ready for Referrals?

No More Cold Calling

And you will align all systems in your organization—recruiting, training, and compensation—to support the referral selling process. All of us perform our best when we are accountable and have the tools to succeed. Consider a compensation plan for anyone who provides a referral. Sales Managers: Where Are You Now? Think again.

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