Uncover everything you need to know about sales compensation preparation, planning, and execution in this ultimate guide to sales compensation planning.
Sales compensation planning is a multi-step process–from planning, to introducing and rolling out new plans, to monitoring, analyzing, and tweaking plans throughout the year. While it might be an ongoing planning process, incentive compensation doesn’t need to be a difficult or time-consuming one. With careful consideration and strategic design, you can inspire your teams and empower them to perform above and beyond the competition. In this guide, you will learn more about tactical plan design strategies, including:
- Preparing for sales compensation plan design
- Key players in plan design teams
- Unique considerations for different sales roles
- Best practices for compensation plan communication