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Best Sales Rep Salary: Average Sales Salary in 50 States

Lead Fuze

Salaries can stagnate and leave you needing a cost of living increase in addition to your commission (which you may have to negotiate ). Not to mention that it’s not likely that a great rep will be selling the same thing at the end of their career as when they started. North Carolina. North Dakota.

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8 Critical Questions to Ask Yourself as You Build a Sales Incentives Program for 2019

Sales Hacker

Bringing salespeople in for an interview before you’ve figured out exactly how you’ll compensate them for their work leaves you in a tongue-tied, unenviable position when eager candidates ask about things like quotas, sales incentives, what data you use to set goals, and how often your team exceeds those goals.

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

Salesforce

It’s nearing the end of Q4, and your team has met their sales quotas — maybe even exceeded them. It’s a projected salary based on a combination of base salary and commissions and is not guaranteed. Depending on the proportion of base salary to commissions, OTE can fluctuate quite a bit. Imagine this.

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

Salesforce

Your sales team is close to meeting their quota. Now is the time to reveal the ace up your sleeve — sales SPIFFs. While a SPIFF rewards individual salespeople for exceeding their personal sales quotas, a SPIV ( S ales P rogram I ncentive V oucher) incentivizes teamwork. Most sales professionals do not expect to hit their quotas.

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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?