Leadership
Leadership
How to design an account manager commission plan
Your account managers are your 2023 company MVPs. The responsibility of customer retention, renewals, upsells, and expansions fall mostly on their shoulders. And, during a market downturn, retention, renewals, and...
Leadership
How to set up sales commissions in your organization
Whether you’re a startup looking to hire your first official salesperson or a seasoned commission-based business reconsidering your current commission structure, how to set up sales commissions aligned with your...
Leadership
Download a SDR compensation policy template
We’ve shared downloadable AE compensation policy templates as well as a generic sales commission agreement. Next up: we have an SDR compensation policy template. Download the SDR comp policy template...
Leadership
Is sales commission a period cost?
This is a guest blog from our friends at Sage that answers if sales commission is a period cost. Is sales commission a period cost and, if so, what kind...
Leadership, Sales
Why Sales? How to answer this classic interview question
No two sales interviews are exactly alike. In some, the focus may be on your experience and education. Other interviewers may be more concerned with seeing if your personality will...
Leadership
How to successfully grow your RevOps practice
Revenue operations, commonly known as RevOps, is more important in today’s market than ever before. As buyers have shifted buying behaviors to conduct their own research and trial a product...
Leadership
Sales manager compensation plans
In a previous blog, our Chief of Staff Graham Collins shared 5 sales compensation plan examples. This article included a sales manager compensation plan sample featuring a single commission rate...
Leadership
Paid Parental leave: How to adjust your sales comp plans for expecting parents
This blog on paid parental leave explores how to adjust sales compensation plans and keep pipelines warm to better accommodate new parents in sales. The lowest salaries at a company...
Leadership
Sales compensation in 2024: Commission rates by industry & more
This blog, written by Cody Short, details commission rates by industry, setting commission structures, and more. All companies need a high-performing sales team. Sales helps a company increase its profitability...
Leadership
How to assess your comp plan’s success
We’re in a challenging market with two bank failures and a US recession forecasted by 58% of surveyed economists. As a result, businesses are changing their key business metrics over...
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...