Name
Whose Plan Is It, Anyway? Putting the Voice of the Salesperson into Sales Comp Design
Date
Tuesday, August 20, 2024
Time
9:00 AM - 9:45 AM
Track
Sales Compensation
Session Format
Presentation
Target Attendee Experience Level
Advanced: Applied Theory and Strategy
Description

Engaging salespeople in the design of comp plans can improve effectiveness. Yet almost one in five firms (18%) do not consider it important to gather such input from salespeople, and 38% rely on managers’ opinions as a proxy for sales. In this compelling session, you’ll get relevant benchmark data from 59 large business-to-business sales organizations on current practices. Then learn why it’s critical to expand the voice of the salesperson—and get advice on how to do so smartly.

Key Takeaways

  • Understand the benefits of soliciting salespeople’s input into the design of their sales compensation plan.
  • Adopt best practice approaches for incorporating the voice of the salesperson.
  • Quantify the business impact of incorporating sales’ input into sales-compensation program decisions.