As the end of the year draws closer, many organizations dive into determining those year-end bonuses for their employees. Year-end bonuses are a common way to keep sales teams motivated no matter what season it is. If 2020 has taught us anything, it’s that...
In our Tales from the Sales Team series, we’ll cover actual concerns and questions from real salespeople about their paycheck and sales commission. “What’s a fair commission split?”– Seth, an insurance producer Having worked in property and casualty insurance for the...
Commissions often revolve around sales quotas. Reaching quota, exceeding quota, or falling short of quota all impact how a sales rep earns. That’s why it’s important to set your team up for success with sales quotas that make sense. Hierarchy overrides in...
Everyone wants a promotion, right? Well, that depends. For successful salespeople, a promotion may mean giving up lucrative commissions that increase their yearly income. That’s why organizations often implement hierarchy overrides for managers to earn commission...
A number of variables, conditions, rules, and calculations get packed into a single sales commission plan. While it’s always best to keep it as simple as possible, the structure of the plan, number of variables involved, key performance indicators requested...
In our Tales from the Sales Team series, we cover actual concerns and questions from real salespeople about their paycheck and sales commission. “What’s with this deduction from my commission check?”– Liz, an insurance agent Having worked hard to sell home insurance...
