The benefits that a powerful commission management platform will provide compensation administrators are endless. The overly complex tasks involved in commission management leave many administrators grasping for anything that will alleviate their workload and reduce...
According to Precedence Research, the global medical device market was valued at $570 billion in 2022 and is expected to grow to $996 billion by 2032. With a rapidly growing and niche industry such as medical device sales, sales reps can have a much higher earning...
Commissions are the lifeblood of any sales team. They help motivate your team to perform their best, so ensuring that your commission calculations are accurate is crucial to maintaining that motivation. For simple commission plans, many organizations can use Excel...
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...
Variables in sales commissions differ as widely as the salespeople who work for any company. Anything from a salesperson’s location to the range of products they sell can impact how commissions are calculated. A wide array of variables may impact how your sales team...
