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A Foolproof Framework for Better Incentive Communication

The Spiff Blog

Developing an effective sales compensation plan requires a lot of brain power. Too many organizations pull out the big guns to build comp plans, but fall short when it comes to clearly communicating compensation changes to reps. The only remedy is a formal incentive communication strategy. Let’s dive in!

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Sales Compensation and Quota Options During the COVID-19 Pandemic

Miller Heiman Group

Compensation is also a concern for close to 100% of sales organizations as they figure out how to handle grounded sales teams, who are relegated to holding video conferences with prospective customers that have their own worries, including shrinking budgets and diminished financial outlooks. Are new deals being delayed?

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3 Reasons Why Your Sales Team Isn't Generating More Leads (And How to Fix It)

Sales and Marketing Management

Author: Matthew Sunshine More than 40 percent of salespeople claim that lead prospecting is often more difficult than qualifying and closing the actual deal. It’s easy for prospecting to get pushed to the back burner, especially when dedicated time isn’t set aside for the task. Revisit each salesperson’s compensation ratio.

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CROs: Double Down on Seller Experience to Do More with Less

The Spiff Blog

When sales reps are happy, engaged, and supported they’re able to provide prospects and customers with a better experience. So how can a CRO remedy this issue and create a recession-proof sales organization ? Let’s address something that, although obvious, often goes unstated during conversations about sales compensation.

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Want to Stop Rampant Sales Team Turnover? Career Ladders Are the First Step

Hubspot Sales

Career ladders help retain staff by providing an incentive to keep moving forward -- if they see a clear reward (i.e., It’s typically a formal process that allows employees to take their careers to increasingly higher levels of salary and responsibility. The result of this was frustration because Parse.ly

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Skill vs. Will: When Skill Just Isn’t Enough in Sales

The Spiff Blog

Reps who are motivated to put in the time, who are always on the phone, researching prospects, and going above and beyond to close a deal– even in the face of constant rejection– are more likely to be successful. That is, unless it’s recognized and remedied quickly. Is compensation tied to the most meaningful metrics?

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Solving the SDR to AE Handoff: An Actionable Guide for Sales Development Leaders

Sales Hacker

The problem is mostly centered around accountability, process and compensation. Step 1: Addressing Compensation & Pipeline Structure. However this is not when the SDR gets paid commission – a result of a fundamental breakdown in the sales compensation structure. One constant struggle I hear is the SDR to AE handoff.