Four Keys to Effective Compensation Plans

businessman press compensation button from touch screen interface

Commission structures often fail. Often they are too complicated to be fully understood and implemented successfully.

One of your duties as a sales leader is to ensure your sales team is being compensated fairly for their success in a way that will encourage them to produce results and reward them accordingly.

I know, due to the competitive nature of the sales profession, it can be a tedious task to create a plan that eliminates all conflict. However, consider the four essential keys I outline in this article. You’ll find that if you implement them properly, you’ll be much more likely to create a plan that your entire salesforce can understand.

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