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Creating an incentive compensation plan with our sales compensation calculator

Leave a Comment / CUSTOMER SERVICE, Sales Commission Management, Sales commission software, sales commissions, Sales Force Automation, sales goals, Sales Management, sales motivation, Sales Pipeline, Sales targets, sales team compensation, Sales team motivation / By LonelyViking

Incentive compensation is a form of pay structure which is based upon how the business and its individual employees perform. Essentially, employees receive a base salary with an extra reward (tallied up using a sales compensation calculator) for meeting specified targets. There are multiple performance metrics that can be used to determine which employees qualify …

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Work smarter and achieve more

Leave a Comment / Sales Commission Management, Sales commission software, sales commissions, Sales Force Automation, sales goals, Sales Management, Sales Pipeline, Sales targets, sales team compensation / By LonelyViking

The sales function is probably the most competitive function in any business. But, by using the right sales commission software, you can achieve so much more. Sales is the process that drives all other business disciplines – production, procurement, inventory, accounts, and many others too. They are all driven to some extent by the success …

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Sales commission software that goes far beyond sales compensation tracking

Leave a Comment / Sales Commission Management, Sales commission software, sales commissions, Sales Force Automation, sales goals, Sales Management, sales motivation, Sales Pipeline, Sales targets, sales team compensation, Sales team motivation / By LonelyViking

Yes, sales commission software is a great aid for calculating and tracking how much is owed to your staff. And if you choose the right program, you enable your salespeople to track their own progress in real-time. However, the software now available can do so much more than just track and provide live updates on …

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Sales commission software you can tailor to your business

Are you thinking about installing sales commission software? If so, the one thing you don’t want to have to do is to reinvent the wheel. You want a program that you can tailor to your exact needs. It will make life so much easier. Here are three things to look for: 1. Software that runs …

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Use compensation software to reward these three front-line staff

While sales teams are often the major focus for compensation software, they aren’t the only ones who could use this technology to increase motivation. There are many industries and jobs where compensation could be awarded for high performance. Here are three industries that can implement compensation software for ‘front-line staff’. 1. Retail Retail staff, or …

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The importance of transparency in the sales compensation management arena

People go to work for one primary reason. To earn money. For most, the wage or salary they receive is known in advance. It can be a regular, standard weekly or monthly payment. But sometimes it can be based on the number of jobs or tasks completed. Alternatively, some people get paid an hourly rate …

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4 industries that can benefit from sales commission software

Sales commission software is a great way to motivate and incentivise your sales team. But can it benefit your business? Let’s take a look at the top 4 industries that utilise this means of employee performance tracking: 1. Financial services Whether your team sells merchant payment services or helps others to better invest their money, …

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A guide to incentive compensation

What is incentive compensation? Incentive compensation is a form of flexible compensation, in which how much an employee earns varies depending on how many sales they make and how this benefits the company as a whole. Through incentive compensation, the goals of individual salespeople and the goals of the company are aligned, resulting in improved …

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Why commissions can drive your team to be more effective

Leave a Comment / Sales Commission Management, Sales commission software, sales commissions, Sales Force Automation, Sales Management, sales motivation, Sales targets, sales team compensation, Sales team motivation / By LonelyViking

The norm in business is for companies to pay their employees a basic wage. This is then built on with performance-related bonuses depending on how the employee has been performing. However, with the emergence of the gig economy, this is changing. Employees are taking jobs that pay by the task rather than hourly, which can …

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How Commissionly incentivises ambitious salespeople

Leave a Comment / Sales Commission Management, Sales commission software, sales commissions, Sales Force Automation, sales goals, Sales Management, sales motivation, sales team compensation, Sales team motivation / By LonelyViking

Sales commission software is an invaluable tool for both businesses and individuals. It helps business owners to calculate, with ease, how much they owe their sales personnel. But the right commission tracking software can do so much more. It can also be used to incentivise a sales team. There are many opportunities for salespeople who …

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Creating an incentive compensation plan with our sales compensation calculator

Work smarter and achieve more

Sales commission software that goes far beyond sales compensation tracking

Sales commission software you can tailor to your business

Use compensation software to reward these three front-line staff

The importance of transparency in the sales compensation management arena

4 industries that can benefit from sales commission software

A guide to incentive compensation

Why commissions can drive your team to be more effective

How Commissionly incentivises ambitious salespeople

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