June 2001
Intermediate to advanced
416 pages
11h 28m
English
book
Compensating New Sales Roles: How to Design Rewards That Work in Today's Selling Environment
by Jerome A. Colletti, Mary S. Fiss
Content preview from Compensating New Sales Roles: How to Design Rewards That Work in Today's Selling EnvironmentBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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Chapter 2. WHY SALES COMPENSATION PLANS FAIL—AND HOW YOURS CAN SUCCEED
Sales compensation plans fail for numerous reasons. Some pay too much relative to sales and gross profit results. Others pay for the wrong mix of business; for example, you might be paying a disproportionately high percentage of incentive compensation for selling existing products to current customers. And a few plans actually pay too little; the amount of incentive compensation salespeople can earn for exceptional performance does not make it financially worthwhile to work hard, so they hold back sales for a future period.
Often the real reason a plan fails is not poor plan design. Rather, it fails because it no longer directs, motivates, or rewards salespeople for behaving ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.