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

Hubspot Sales

In many cases, employers that pay a base salary offer performance-based financial incentives (like commission) to supplement that baseline figure. Territory Manager — $87,751 per year. Sales Manager — $69,391 per year. Sales Director — $95,225 per year. Base Salary Example.

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

Hubspot Sales

Will additional bonuses or incentives be a part of the compensation plan? Territory Volume Commission Plan : With this commission structure, salespeople work with clients in clearly defined regions. And they're paid on a territory-wide versus individual sale basis. commission, performance incentives, bonuses).

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

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. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics.

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A Forthcoming Shift of Pharmaceutical Sales Compensation Plans?

OpenSymmetry

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. In some cases, incentive compensation (IC) methods have evolved to align with new regulations regarding specific sales metrics.

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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. Choosing the Right Sales Commission Strategy.

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Going International in Times of Crisis: Good Move, or Too Risky for Established Companies?

Sales Hacker

Expansion to new territories is never easy, but the coronavirus is providing a wakeup call for enterprises and established companies to start looking at how customers say they prefer you to sell to them. Some offer incentives for practices that can also be cheaper for you, such as filing information electronically.

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Guest blog: 10 Success Factors for Quotas Part 2

OpenSymmetry

More specifically, territory opportunity will give you a good indication of what portion of the total goal should be allocated to each territory. It’s like an insurance policy. If a sales position remains unfilled for a period of time with no one to cover that territory, the over-allocation makes up for some of that loss.

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