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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. If an incentive is offered to an employee who later leaves the organization, you’ll need to set terms and time commitments for paying back any incentives.

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CROs: Double Down on Seller Experience to Do More with Less

The Spiff Blog

So how can a CRO remedy this issue and create a recession-proof sales organization ? And, of course, providing training can help to keep team members motivated and engaged, which can lead to improved retention rates– which is particularly important in the face of a recession. 54% of sellers are actively looking for a new job.

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15+ Interview Questions for Consultants [+ Sample Responses]

Hubspot Sales

Then, I developed a strategy that involved [Describe Remedy Plan]. My task was to identify the root causes and develop a recommendation that would help improve employee engagement and retention. The client was facing several challenges related to [Main Issue], which was causing [Describe Symptoms]. Industry Questions for Consultants 7.

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A Guide to Promoting A Diverse & Inclusive Hiring Process

The Spiff Blog

This is equally true with hiring as it is with employee retention. The remedy is real, concrete action items at every stage of the hiring process. Spiff’s sales commission software enables finance and sales operations teams to self-manage complex incentive compensation plans and provides transparency for sales teams.

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A Day in the Life of an Effective Sales Compensation Manager

The Spiff Blog

A sales compensation manager– or similar roles such as incentive compensation manager or variable compensation manager– is responsible for the design, deployment, and continuous improvement of sales commission plans, along with the reporting and interdepartmental collaboration necessary to effectively manage sales compensation.

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Sales Operations and Company Growth: An Extensive Guide

Crunchbase

Performance and incentive program management. Often, sales ops oversee sales reps’ salaries, bonuses and other incentive programs that impact their current or future earnings. From lead generation to opportunity to close to retention, keep support for your organization’s sales team at the forefront of everything your team does.

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The Best Sales Managers Don’t Chase Revenue: 6 Steps to Get Goal-Setting Right

Sales Hacker

They use these resources to drive sales growth, improve lead generation, prolong customer retention rates, and hike after-sales business. Whether through inspiration, coaching, training, technology, or incentives, sales managers need to enable each member of the team to deliver high performance and achieve their individual targets.