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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. Tactics may have changed, but for the most part these sales teams still run on a commission or quota based metric determined by well-planned territories. On the other hand, there is the issue of actually shifting organizational values and goals.

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

Sales in the pharmaceutical industry has been a rigid and consistent business. Tactics may have changed, but for the most part these sales teams still run on a commission or quota based metric determined by well-planned territories. On the other hand, there is the issue of actually shifting organizational values and goals.

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What is the Best Commission Strategy to Motivate Sales Reps?

Xactly

There are many variables to consider, such as the customers in your market, the scope of the territories you’re accessing, your product offerings and sales cycles, the specific demands of your industry, and the skill and experience of the sales reps, among others. Need help designing your compensation plan to drive results?

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The Pipeline ? POGO POWER

The Pipeline

I started out life playing in punk rock and rock bands, but took a job as a chemist working in pharmaceuticals. Sales Compensation. Territory Alignment. TopLine Sales Compensation Solutions. What follows is that interview with Peter, Author of “Punk Rock People Management” and “Sex, Leadership and Rock’n’Roll”.

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Sales Hiring: The Ultimate Guide

Hubspot Sales

The larger your annual contract value (ACV) and yearly quota, the higher annual compensation should be. For example, if your ACV is $50,000, and you expect reps to close $700,000 in new business per year, their OTE should be around $126,000 — assuming compensation is split 50/50 between base and commission. How you approach training.

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