2018

SALES TEAMS

Ahead of InnovateWork Toronto on April 16, The Sales Resource Group’s President, David Johnston, was published in Tech blog, WorkingTech.co David Johnston’s latest article is called Connecting Payment with Performance and considers why communicating the link between pay and performance is so vital to creating an environment where salespeople are focused and motivated to achieve. Read the extract… Why Your Sales Compensation Plan MUST Connect Payment With Performance Have you

sales comp plan for 2018

InnovateWork Toronto Panellist David Johnston Offers His Take on People Analytics Ahead of Big HR Summit The Sales Resource Group’s President, David Johnston, was published this week in Toronto-based HR publication, The HR Gazette. David Johnston’s latest article is called People Analytics – Why We Need to Invest in More Than Just Data! and considers why so many incentive programs have failed to meet expectations, what are the root causes of lack of commitment

SALES TEAMS

Few factors are more vital than maintaining a competitive sales compensation when it comes to recruiting, hiring, and retaining the best salespeople. Here are our tips to help you make better decisions about base salary, commission, bonuses, and other vital factors which will influence how your sales team members act. Transparency First and foremost, we suggest that whenever possible, be upfront and transparent with your sales team members. Make sure

social selling

Sales Compensation Strategies for Getting More From Middling Sales Pros Most business leaders are focused on rewarding and retaining top performers (aka the ‘breadwinners) with the assumption that by making the top lucrative enough, it will increase everyone else’s performance as they try to get there (which is a false presumption). Sales leadership and sales operations spend hours in meetings discussing how to design a sales incentive plan focused on

Increase revenue

A recent report from the Alexander Group’s Sales Compensation practice found that sales departments increased sales volume 5% in 2017. This was equal to the projected growth of 5% estimated at the end of December 2016 for 2017 performance. Meanwhile, sales leaders expect sales revenue to grow 6% this year. 2% was the median increase in incentive payments to sales personnel in 2017, matching the planned 2% increase anticipated at

Sales Motivation: KPIs and Keeping Your Promises

In the latest episode of the CPSA Recruitment and Talent podcast, SRG President, Dave Johnston talks with host Kevin W. Grossman about the importance of sales rewards and recognition in the enterprise.  The show considers what truly motivates salespeople today in the enterprise including what metrics should be considered when setting up salary levels, comp plans and bonuses and Dave’s tips to ensure sales success. Check out the free bonus

Commissions

Your sales team is vital to your company’s bottom line. The way your salespeople are recognised and compensated can have a huge impact of the revenue your organization can achieve. No sales comp plan is perfect but finding the correct balance between controlling the downsides while still reaping the positive effects will distinguish your from your competitors. In this SRG article,  we’ll discuss one of the most-used sales comp plan

Increase revenue

Every business wants to find that fuel that will accelerate the sales engine. Often, they turn to sales commission as the solution. Done correctly, commissions can be that foot on the gas that your organization needs; however, commission-based sales also create new challenges for organizations, and making changes to existing commission structures can cause dissatisfaction in the team. Find out how to structure commission to ensure that your implementation is

social selling

One of the brands with which SRG collaborates is the Canadian Professional Sales Association. In addition to our team being members of the sales association, SRG President David Johnston has been a guest presenter, author, interviewee and even a podcast host with the CPSA! It’s been a fantastic journey so far and it’s important to get such opportunities to reach wider audiences of Sales professionals and business leaders in order

SALES TEAMS

We all know that incentives work. We use them all the time – to teach and motivate children, to train our pets, and to encourage salespeople. While no one questions whether incentives work, we do often question which incentives work, or how they should be given out. In a business, and specifically on a sales team, compensation structure can be a complex issue. Businesses must balance the need to incentivize