Designing Sales Compensation Plans

Designing successful incentive compensation plans is a much an art as it is a science. You have to start with a base of data-driven insights and strategic design choices, utilizing benchmarking data and best practice thought leadership to ensure success from the get go. But for all the tactical and strategic planning that goes into setting yourself up for growth and progress, no plan will ever truly push the envelope from good to great until it layers on an understanding of the roles and systems present on the human end of the equation. Automation is the way forward when it comes to comp plan design, but automation doesn’t mean inhuman – the system as it stands still rises and falls on the back of the workforce that engages with it, and without those thoughtful design elements which consider realistically the different roles and scenarios present in the workplace, the system won’t ever achieve its total potential. Only with rock solid insights and strategic planning can you truly inspire performance with your compensation plans.

Spotlight

White Rhino, Inc.

White Rhino is a digital marketing agency specializing in building trust between customers and brands. Our B2Me research process uncovers psychological motivators that become the strategic driver for execution of high impact marketing programs for Healthcare and B2B brands.

OTHER WHITEPAPERS
news image

The Complete Guide To Referral Marketing

whitePaper | July 27, 2020

Trust for traditional marketing channels is lower than ever. But that doesn’t mean businesses should give up their marketing efforts entirely. It just means they need to be smart about using channels that work better. There’s one channel that works like no other: customer referral marketing. Customer referral marketing leverages a simple insight: While customers might not trust your marketing team, they do trust the recommendations of their friends and family members. So let’s talk about how you can get started with referral marketing.

Read More
news image

IMPROVING THE ROI FORENTERPRISE HPC AND AI WITHHPE END-TO-END CLUSTERS

whitePaper | June 21, 2022

As organizations in many industries struggle to overcome competitive and cost pressures, they are increasingly using high-performance computing (HPC) and artificial intelligence (AI) to drive greater innovation and productivity and deliver higher quality products and services faster at lower costs and risks. The use of HPC in business entities, Enterprise HPC, is growing, is becoming mission critical, and has the potential to deliver a high return on investment (ROI).

Read More
news image

5 Insights Shaping the Future of Martech

whitePaper | November 15, 2021

Technology currently accounts for the largest portion of marketing budgets, and 68% of CMOs expect their already significant technology spend to increase. But optimizing the way teams use that tech continues to be a challenge.

Read More
news image

Master the Art of To-Channel Communications

whitePaper | February 8, 2022

Email fatigue is common in today’s busy digital world. Partners can easily become overwhelmed as incoming emails pile up. Yours may be completely overlooked. How do you float to the top of their inbox? We share 5 important steps to improving communications with Channel Partners so they won’t feel bombarded. Learn how Partners prefer to receive communications, how to define your audience so you can more effectively address their needs and how to give Partner communications a make-over.

Read More
news image

The Definitive Guide to Building and Growing Profitable Sales Channels using Automation

whitePaper | November 1, 2022

For many industries that rely on indirect sales channels, managing their partners effectively is a frustrating challenge. Most of these organizations develop partner programs to structure policies and procedures that enable them to scale revenues through these partners more rapidly and cost effectively than building a direct sales operation. Technology solutions for PRM are rapidly solving the problems associated with scaling partner programs.

Read More
news image

Solutions Partner Program

whitePaper | August 1, 2022

Welcome to the HubSpot Solutions Partner Program, a diverse and expansive ecosystem of solutions partners and solutions providers helping millions of customers grow better with HubSpot.

Read More

Spotlight

White Rhino, Inc.

White Rhino is a digital marketing agency specializing in building trust between customers and brands. Our B2Me research process uncovers psychological motivators that become the strategic driver for execution of high impact marketing programs for Healthcare and B2B brands.

Events