article thumbnail

How to be Indispensable as an Incentive Compensation Manager

The Spiff Blog

As an incentive compensation manager, you hold a critical role that keeps your organization running. In today’s article, we’ll explain how you can make your efforts stand out and earn you deserved recognition as an indispensable asset to your organization. What does an incentive compensation manager do? Monitor market trends.

article thumbnail

The Psychology Behind Unexpected Rewards

Sales and Marketing Management

Scientific studies show that unexpected incentive rewards stimulate areas of the brain connected to behavior development and learning. Let’s take a closer look into the psychology behind the element of surprise and how it can be used as part of a larger sales incentive strategy. Defining the unexpected reward.

Insiders

Sign Up for our Newsletter

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

article thumbnail

16 Sales Incentives to Keep Your Team Engaged and Motivated

Xactly

Sales incentives are a great way to motivate your team and keep morale high. Your first line of motivation is your sales commission structure , but there are several different types of sales incentives you can use to further encourage your team. Getting SPIFs Right as Sales Incentives. Making SPIFs too complicated.

article thumbnail

Got sales goals for next year? Here's how to achieve them.

Jeffrey Gitomer

These reasons seem pretty easy to overcome, yet studies show that more than 70% of our adult society does not even set goals in writing. What's my incentive? Is my incentive strong enough to ensure achievement? Jeffrey Gitomer adds a two word magic formula on how to achieve every goal you set. Here are 7.5 Don't Quit!

article thumbnail

How to Craft a Successful Sales Environment

Hubspot Sales

Studies have shown that happy, motivated people work harder, stay in their jobs longer, and make their companies more successful. Let’s unpack the different types of sales environments and how to ensure each is successful. Incentive-Based Sales Environment. Moreover, our team stayed together for years. Remote Sales Environment.

B2C 104
article thumbnail

How to Avoid Wasting Money on a Compensation Assessment

SBI Growth

Rinse and Repeat: The Annual Comp Study. The standard comp study may be dangerously inadequate. Software Firm: The annual Employee survey is overflowing with negative comments about the incentive plan. Propose a Solution: Conduct a compensation study and redesign the plan. Compensation Study ?

article thumbnail

[Webinar Recap] Enhance Your Workforce Culture and Sales Performance through Incentive Compensation

Xactly

In the recent 2018 mid-market sales incentive study, CFO Alliance reviewed the relationship between Sales and Finance departments—and how this partnership can positively impact a company’s revenue potential. In a recent webinar with CFO Alliance, we reviewed the findings of the study. Incentive Compensation.