Leadership
The 3 most popular compensation plan templates from Q1
We created a library of compensation plan templates for you to use in order to simplify sales compensation design. With 20 adjustable templates, Compensation Hub is free to explore, modify,...
Leadership
When should you set your sales commission payment terms for?
Should you pay commissions once the deal closes or wait until the invoice is paid? According to our 2023 Sales Compensation Trends survey, 64% of companies pay out commissions upon...
Leadership
How QuotaPath plays an integral role to operations
You’ve heard from us about how sales compensation software can help you save time, align your teams, and provide transparency. But did you know that tools like QuotaPath can also...
Product and Tools
Your 3-step path to simplifying commissions
In an effort to simplify sales compensation, we launched Compensation Hub, a free library of 20 widely adopted and customizable comp plan templates. Users can modify plans for their business...
Leadership
How I hired my first salesperson — A Startup Story
HigherPeople had a banner first year. The talent development startup sprinted past its annual targets in 2022, many thanks to the referrals and word of mouth from CEO and Co-Founder...
Leadership
Who owns compensation planning in 2023?
The question of who owns compensation planning has grown increasingly puzzling amid organizational restructuring. Should Finance, Sales, RevOps, HR, or a mix of all four own it? Turns out, this will...
Sales
Should you compensate sales mentors?
Most sales organizations provide internal mentorship programs that involve a senior rep supporting new rep development. In theory, it’s a great idea. The mentee learns the ropes from a proven...
Uncategorized
For you to download: AE compensation policy template
Every sales team either just wrapped up rolling out a new sales compensation plan or is about to. That means meetings — and lots of them — to ensure every...
Leadership
How employees (and employers) should approach startup equity compensation
This blog explores the intricacies of offering startup equity compensation to employees. Startups offer equity as a way to attract and retain talented employees and to raise capital from investors. ...
Leadership
Calculating commissions in Excel? Start here.
If you’re not ready yet to automate your sales commission reporting and payouts, no worries! You’re not the only one calculating commissions in Excel. Despite rapidly rising numbers in business...
Leadership
Multi-year deals are your most important play in 2023
For early-stage companies, companies looking to ice out the competition, and those in search of predictable revenue models, sales comp plans that promote multi-year deals can be your biggest asset....
Leadership
Should I have a commission floor in my sales compensation plan?
Commissions floors, or “cliffs” require an individual to meet a certain performance threshold before gaining commission payout eligibility as defined by the sales compensation plan. Usually, a certain amount of...