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CSO Insights White Paper: Optimizing Incentive Compensation – Aligning What You Say With How You Pay

White Paper Published By: Anaplan
Anaplan
Published:  Apr 06, 2016
Type:  White Paper
Length:  8 pages

Don’t lose selling time due to an inaccurate compensation structure.

CSO Insights’ ICPM study* found that 69 percent of organizations use three or more metrics to build their sales compensation plans, but modeling and planning this sales strategy can quickly become too complex as a spreadsheet-driven exercise. It is crucial to get these incentive compensation structures right, because sales reps receive up to 60 percent of their income from incentive comp.

In this white paper, we discuss the disconnect between sales behavior and incentive compensation structure and provide recommended steps towards optimizing your compensation plan.

 

*CSO Insights 7th Annual Incentive Compensation and Performance Management (ICPM) study



Tags : 
sales performance management, compensation management, incentive compensation, sales planning, incentive comp, commission structure, sales performance, xactly, callidus, cso, cso insights, incentive based compensation, excel, spreadsheet planning, spreadsheet, spm, commission, compensation, global compensation, sales engagement

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