5 Tips for Designing Successful Sales Incentive Compensation Plans
Xactly
OCTOBER 18, 2018
Few leading indicators are more predictive of a company’s future sales performance than its incentive compensation plans. As former Reliance Electric CEO Chuck Ames once said according to General Electric CEO Jack Welch, “Show me a company’s various compensation plans, and I’ll show you how its employees behave.”. While multiple factors influence the effectiveness of your sales incentive compensation plans, 5 tips stand out: 1.
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