A study conducted by Zippia showed that year-end bonuses are the most common type of bonus used by companies with 100 employees or less. The same study also found that approximately 33% of companies in the United States provide year-end bonuses to staff – a...
For organizations that use a variable compensation plan, it’s common for there to be some form of a clawback provision incorporated into their sales rep’s compensation contracts. These provisions are instituted for a number of reasons, but primarily because a clawback...
Auditing sales reports and commission payouts can be a daunting task, especially for businesses with large sales teams or complex compensation structures. Manual auditing is error-prone, time-consuming, and becomes even more difficult as businesses scale. The launch...
Variable pay is becoming a common component of many organizations’ compensation plans. In fact, a study by Salary.com showed that nearly 77% of US businesses utilize variable pay in their compensation plans. This is because many businesses are finding that variable...
Since the release of ChatGPT, the adoption of AI-generative technology has become ubiquitous among software companies and a complete game-changer for users. However, amidst the excitement surrounding the rapid launch of AI-generative software, many people have also...
