The days when salespeople were the only ones reaping the rewards of commission programs are over. Credited with helping to motivate and reward employees, it’s now common for all individuals in an organization to be on variable compensation plans. When implemented properly, the profits that a commission program helps to bring in far outweigh the costs.
Commission tracking software alleviates the traditionally time-consuming and error prone process, allowing you to take advantage of these benefits:
- Incentives are quick and easy to calculate
- Commission plans can respond to market changes
- Quick bonus turnarounds mean that rewards are truly motivating