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What motivates your team?
All of the above! But don't kid yourself into believing that money isn't at the top of the list for top performers. Organizations often fail to take a close look at how to motivate sales people with an effective compensation program. The right program can increase sales, reduce turnover, improve profitabiliy and much more. Yet, most companies don't take the time to understand the impact of their programs. Many companies are guilty of the same old common mistakes.
Sample Compensation Mistakes
- Trying to keep everyone happy - even poor performers.
- Negative reward on high productivity
- Being inflexible - you can't plan for every circumstance.
- Hoping for X while rewarding Y.
- Leaving top executives out of the reward process.
Sales for LifeTM and it partners help companies of all sizes avoid these types of compensation pitfalls by delivering a systematic compensation process.
- Planning & Modeling
- Implementation
- Performance Measurement
Find out how your compensation strategy is doing by ordering your FREE MINI DIAGNOSTIC.
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