Compensating the Sales Force, Third Edition: A Practical Guide to Designing Winning Sales Reward Programs
$35.00
Description
Book Synopsis: Leverage the full power of your sales force with a cutting-edge compensation program. Salespeople are motivated by many things—and how they’re paid tops the list. Sales compensation is one of the best tools for motivating any sales force and thus maximizing business revenue. Do you have strategically aligned sales compensation plans or are your pay plans holding back your sales force? Compensating the Sales Force has helped thousands of business leaders worldwide create sales compensation programs that drive sales performance, increase revenue, and trigger business growth. Now, this new edition brings you fully up to date with new approaches for a business landscape where product/solution objectives and customer needs are in constant in flux. Sales guru David Cichelli provides everything you need to build an incentive plan that delivers real financial results. He takes you step-by-step through the process of setting target pay, selecting the right performance measures, and establishing quotas. You’ll learn everything there is to know about:
- Why job content drives sales compensation design
- Methods for calculating formulas for payout purposes
- The roles of quota allocation, sales crediting, and account assignment
- Compensating a complex sales organization and global sales teams
- Administering, monitoring, and measuring the effectiveness of the program
An indispensable resource for anyone involved in sales compensation—from CEOs and sales managers to HR personnel to IT professionals—Compensating the Sales Force provides all the tools you need to design and implement a sales compensation plan that increases profits—and drives the sales team to exceed sales targets.
Details
Are you looking for a way to motivate and maximize the performance of your sales force? Look no further than Compensating the Sales Force, Third Edition: A Practical Guide to Designing Winning Sales Reward Programs. Salespeople are driven by various factors, and their compensation is at the top of the list. With this cutting-edge compensation program, you'll have the power to not only motivate your sales team but also significantly increase your business revenue. Don't let your pay plans hold you back – let this book help you create strategically aligned sales compensation programs that drive sales performance, boost revenue, and stimulate business growth.
In this fully updated edition, sales guru David Cichelli introduces you to new approaches for today's ever-evolving business landscape. With the constant changes in product/solution objectives and customer needs, it's crucial to adapt your incentives accordingly. Cichelli walks you through the process of setting target pay, selecting the right performance measures, and establishing quotas. You'll gain comprehensive knowledge on how job content drives sales compensation design, methods for calculating payout formulas, and the importance of quota allocation, sales crediting, and account assignment.
Compensating the Sales Force also covers the unique challenges of compensating a complex sales organization and global sales teams. It provides valuable insights into administering, monitoring, and measuring the effectiveness of your sales compensation program. Whether you're a CEO, sales manager, HR personnel, or IT professional, this book is an indispensable resource for designing and implementing a sales compensation plan that not only increases profits but also inspires your sales team to exceed their targets.
If you're ready to revolutionize your sales force and propel your business to new heights, don't wait any longer. Click here to get your copy of Compensating the Sales Force, Third Edition: A Practical Guide to Designing Winning Sales Reward Programs and start unlocking the full potential of your sales team today!
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