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X-Factor Compensation Leaders: How to Be Incredible at Incentive Planning (CoreSite)

Xactly

From territory planning to sales team organization, to sales coaching and leadership strategies to sales compensation planning, each element helps to create a strong sales plan. Sales operations and compensation professionals must create an incentive plan that will drive growth for the company and attain executive objectives.

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How to Design a Sales Manager Compensation Plan (With Examples)

Xactly

In fact, the best way to ensure sales managers do their job well is by creating an incentive plan that drives the right behaviors. Download our "Ultimate Guide to Sales Compensation Planning" for incentive best practices and everything you need for a sales comp plan design project. Annual Target Incentive. On-Target Earnings.

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How to Avoid Wasting Money on a Compensation Assessment

SBI Growth

Software Firm: The annual Employee survey is overflowing with negative comments about the incentive plan. Conventional wisdom would lead the VP of Human Resources to the following: Define the Problem: Sales compensation is out of line with the market. No one could make their number without properly nurtured and qualified leads.

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Will These 6 Tests Save 2013’s Sales Compensation Plan?

SBI Growth

But wait – this new incentive compensation plan could flop. So, he commissioned HR to design a new incentive compensation plan (IC Plan.) Marketing’s new Lead Generation and Sales Enablement now generated latent buyers. Maybe a change to the IC plan calls for Reps to focus on top accounts in their territories.

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A Sales Leader’s Blueprint for 2014

SBI Growth

Territory design, quotas and compensation plans. Change the compensation plan to incent new logo growth by adding an accelerator. Shouldn''t the front line sales managers be leading the training and it be buyer centric? Lead Generation—Steve had not built leads into his plan. Sales training.

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Designing Sales Compensation Plans for Sales Managers (With Examples)

Xactly

Annual Target Incentive. As part of your incentive plan design, consider the roles that will report to each sales manager, and ask yourself the following questions: Will your manager supervise one type of rep or a sales team of mixed roles (Sales Executives, Account Managers, Lead Generation Reps, etc.)? Base Salary.

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Onboarding Sales Talent The Right Way: The Sales Manager’s Perspective

Janek Performance Group

5) Develop realistic goals Assess their sales territory and lay out the best course of action for each district or demographic. But leading indicators are essential, because they can offer deeper insight on activities and where improvements are needed. 5) Exit Interview: What Went Wrong?

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