October 23, 2017  
 
  Entrepreneurs  
 

Sales Compensation

 

 
Gaebler.com is a daily online magazine covering small business news. We help entrepreneurs transform ideas and innovations into greatness.

Sales compensation requires that you balance base with sales commission in the right way. Find out how to structure a sales comp plan that works!

Sales Compensation

  • Compensating Sales People - Compensating sales reps is tricky. What's the right mix of base salary and commissions? Here are a few things to consider when designing comp plans for sales reps.
  • What To Do If Your Sales Team Is Overcompensated - Your sales compensation plan made sense long ago, but now your sales reps are making more than you are. So what do you do when your sales team is overcompensated?
  • Straight Salary for Sales Compensation - While most sales reps prefer commission incentives, there are a number of scenarios in which a straight salary for sales compensation scheme makes more sense for your business.
  • Straight Commission for Sales Compensation - Commission-only sales compensation plans are designed to attract the best sales reps and maximize performance. We discuss the pros and cons of straight commission for sales compensation plans.
  • Sales Contests - Thinking about running a sales contest? If you muck it up, you could have a sales force mutiny on your hands. Here are our tips for running effective sales contests.
  • Things to Consider When Compensating Sales People - Before you roll out a sales compensation plan, you'll want to make sure you've thought through these important sales compensation plan considerations.

 

 

 

Additional Resources for Entrepreneurs

Search Engine Marketing

Social Marketing Optimization

Business Forms

Business in the Jungle - Business in Fiction - Negotiating

Radio Ad Costs

Newspaper Advertising Rates

City-Specific Resources for Entrepreneurs

Small Business Insurance

Global Entrepreneurship

China & Entrepreneurs