article thumbnail

29 Critical Sales Compensation Benchmarks & Statistics for 2022

The Spiff Blog

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. Insurance Sales Agents: $50,600.

article thumbnail

Sales Managers – Why Isn’t Goal Setting Easy?

Anthony Cole Training

I was first introduced to goal setting in sales when I was an insurance agent with National Life of Vermont. The General Agent was Dave and his manager was Bob. I failed in the life insurance business. Towards the end of my career, I contracted with a sales trainer, Tom. You do the math. Did I see more people?

Insiders

Sign Up for our Newsletter

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

article thumbnail

Base Salary: What It Is, How It Works, & What It Can Look Like

Hubspot Sales

Any professional, across every field and experience level, needs to have a solid understanding of how they're compensated — after all, that's literally the reason you're working in the first place. Your base salary is one of the key elements you need to account for when getting that picture of your compensation package.

Salary 84
article thumbnail

8 "Be Great" Sales Management Steps

Anthony Cole Training

Regardless of where your sales people are on the bell curve, they can get better. My good friend at Alliant Insurance Services, Ron Stewart, shared this piece of wisdom with me in our very first meeting: "Just because they aren''t sick doesn''t mean they can''t get better.". Review your compensation model.

Hiring 169
article thumbnail

Car Accidents On Sales Calls- When Is Your Company Liable

Pipeliner

Things may differ when they are making sales calls in the company vehicle or using personal vehicles. You may have to compensate the injured employee under the workers’ compensation claim. It is vital to know when you are liable to take the right approach to insurance. Insurance can be a savior.

Company 52
article thumbnail

Blueberries, Sales and Sales Management

Anthony Cole Training

Dont miss "5 Ways That Managers Can Impact Sales This Year in the May-June 2010 SalesforceXP magazine! Read Tonys article.recently published in Bank Insurance & Securities Marketing Magazine! building sales relationships (7). Sales Coaching (40). sales coaching skills (10). sales competencies (12).

article thumbnail

Everything You Need to Know About Sales Commission in 2019 (For Reps & Leaders)

Hubspot Sales

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. How much are you willing to pay if a salesperson can produce $X in sales? The results wouldn't be pretty.