Remove Closing Remove Commission Remove Drivers/motivators Remove Hawaii
article thumbnail

How to Inspire Your Reps Like Never Before — Even After Cancelling the President’s Club Trip

Sales Hacker

And as the dust has begun to settle, that annual trip to Hawaii — or any President’s Club incentive trip — is out of the question. Now, sales leaders are scrambling to claw back invested expenses and strategize new alternatives to President’s Club to keep their reps motivated. A Better Option for Saving President’s Club.

article thumbnail

How Much Will Your Reps Make? Everything You Need to Know About On-Target Earnings (OTE)

Salesforce

Benefits of the OTE sales model How to calculate OTE Examples of different pay mix structures in OTE 4 examples of positions with OTE compensation OTE FAQs Provide sellers with real-time visibility into incentive pay Give sellers the power to see commission statements, progress against goals, and potential earnings.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

What is a SPIFF in Sales? Benefits, Types, and When to Use

Salesforce

Your sales team is close to meeting their quota. Your reps just need a push to stay motivated. SPIFFs, or S ales P erformance I ncentive F unds, are short-term sales incentives used to motivate salespeople to achieve goals or sales targets within a set timeframe. Imagine it’s the beginning of Q4.

article thumbnail

How to Use Clawback Clauses in Your Sales Compensation Strategy

Salesforce

Why should you include clawback clauses in your sales commission plans? For sales organizations, this type of clause or provision enables a business to reclaim commission or other performance-based compensation paid to a salesperson under specific circumstances. Why should you include clawback clauses in your sales commission plans?