How to Simplify a Sales Compensation Plan

Posted by Mike Martin on Fri, Jan 15, 2016

I’ve been thinking about simplicity a lot lately with my sales compensation projects. In every single design kickoff meeting that I had this past fall, “Make it simple” was one of the top objectives of the plan design. However, nearly every plan that I was involved in ended up being more complex than any of the team members had originally hoped.


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Why Hilcorp’s $100K Bonus Could Make for an Ineffective Sales Incentive Plan

Posted by Steve Marley on Mon, Dec 21, 2015

The other week I received a lottery card as a gift. I had to scratch off two sections and, if I had any matching numbers across sections, I would win the listed price. I could win anywhere from $2 to $10,000, and if I found a 5x multiplier, the maximum prize was $50,000. Not surprisingly, I didn’t win anything.


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Risk vs. Reward

Posted by Mike Martin on Tue, Oct 06, 2015

Payout ranges for a team of managers came up during a recent discussion of mine with a sales compensation director who oversees the compensation plans for about 5,000 sales reps. The idea of risk versus reward arose, as it always does. Most of the time, however, risk versus reward is focused on the top performers versus the bottom performers:


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