Later this week, we’ll party with the nerds! Very special nerds. Insurance Nerd Day on July 18 celebrates the people who’ve covered us in the worst of times. We here at Core believe that all those in the insurance industry, especially the agents and brokers...
Author and sales leader Mark Roberge compares sales compensation plans to Batman in his book The Sales Acceleration Formula, alluding to their ability to equip sales teams for success. So when you’re developing your first sales commission plan or modifying your...
Stressing the end of the sales commission cycle? Maybe you’re tensing up as you think about all that time you’ll be spending staring at spreadsheets and collecting data. You’ve got piles of statements and records to convert, dozens of payees to email, and so many...
Determining how to pay your salespeople may be one of the most important decisions you make as an organization. A study last year by TINYpulse found that the promise of a 10% salary increase would make 43% of employees leave their current jobs. So it’s...
Between payment disputes, audits, and fair pay concerns, the way a sales organization manages commissions may expose them to costly legal challenges. That’s why it’s important to plan ahead, communicate commission plan details thoroughly, and be prepared to show the...
Dates, rates, splits, and plan alterations make a commission manager’s head spin. Commission calculations confuse even the smartest administrators when there’s even a fifth of a percentage point missing. But knowing which common commission issues to look out for can...
