There are a lot of moving pieces associated with commission management such as complex calculations, working with multiple data sources, tracking sales quotas, and managing variable rates among reps or products. All of these factors can make commission management...
What do commission management and payroll have in common? Both are methods that ensure hardworking employees get paid and stay motivated. It’s two pieces of a very important compensation puzzle and both require similar resources, time, and work. However, far too many...
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...
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...
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...
