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

Hubspot Sales

It’s typically a formal process that allows employees to take their careers to increasingly higher levels of salary and responsibility. Career ladders help retain staff by providing an incentive to keep moving forward -- if they see a clear reward (i.e., The result of this was frustration because Parse.ly

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5 Ways to Write a Better Change of Commission Letter

The Spiff Blog

After all, salary and pay are deeply personal. What is it that you expect your sales reps to do or be responsible for in exchange for their salary? After compensation changes are announced, leadership must work together to assess the team’s reaction and remedy any causes for confusion. Expectations and duties. Final Thoughts.

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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. Sales compensation and commission planning are much more complex than simply paying your sales reps a “good” salary. That’s where you, as a sales leader, come into the picture.

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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. The assignment of territories to individual sales representatives is a significant function often relegated to the sales ops managers.