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Sales Compensation and Quota Options During the COVID-19 Pandemic

Miller Heiman Group

Set Up an Incentive Compensation Relief Committee. The first step is to set up an incentive compensation committee to structure the terms and optics of the relief effort. The purpose of this committee is to make decisions about your short-term sales compensation strategies and quota relief programs and review sellers’ performance.

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12 Ways to Handle Sales Pressure

Zoominfo

Start small, and expand your incentive program as you learn and grow. While this advice may sound cliché, it really is important for sales reps to approach their quota one day at a time. If you save prospecting for the end of the month, your quota suddenly becomes much less attainable in the upcoming months. Key Takeaways.

Hiring 258
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Want to Stop Rampant Sales Team Turnover? Career Ladders Are the First Step

Hubspot Sales

Career ladders help retain staff by providing an incentive to keep moving forward -- if they see a clear reward (i.e., Are you hitting your quota in meetings set? ”. “ It’s typically a formal process that allows employees to take their careers to increasingly higher levels of salary and responsibility.

Hiring 129
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12 Ways to Handle Sales Pressure

Zoominfo

Start small, and expand your incentive program as you learn and grow. While this advice may sound cliché, it really is important for sales reps to approach their quota one day at a time. If you save prospecting for the end of the month, your quota suddenly becomes much less attainable in the upcoming months. The bottom line?

Hiring 100
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6 Final Questions to Assess Your Leadership, Coaching Skills and Impact – Part 3

Keith Rosen

Building off number one; Did you and your company position coaching as a perk, an incentive, an option, an obligation, or a remedial response to underperformance? Every company’s culture, whether admittedly or not, is sales quota, scorecard, K.P.I., How has coaching been positioned within your organization?

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Skill vs. Will: When Skill Just Isn’t Enough in Sales

The Spiff Blog

That is, unless it’s recognized and remedied quickly. Sales goals are often closely tied to sales performance and incentive compensation. If the only goal you give your team is a quota, maybe you need to get more specific and set goals around the sales activities you want to drive. Set SMART Goals. Are your goals measurable?

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Solving the SDR to AE Handoff: An Actionable Guide for Sales Development Leaders

Sales Hacker

The AEs on the other hand complain that the SDRs are just sending unqualified demos and therefore they aren’t on track to hit quota. If many, (or all) of the elements listed above are causing breakdowns in your sales process, it may be time for a deep dive sales process audit to address and remedy your issues.