Paying for Sales Performance: New Research for Designing High Impact Sales Incentive Plans

نویسندگان

  • Mark Dancer
  • Marc Wallace
چکیده

Relative to other functions within today's organizations, sales leaders and their sales forces are uniquely focused on driving performance in every minute, hour, day, month and quarter of the business year. To do otherwise is to sacri ce sales and pro ts, and to diminish the satisfaction of customers, which can lead to the poor performance of the entire business and failure to deliver satisfactory returns for shareholders. As a result of this hyper-performance orientation, sales incentive plans receive a great deal of attention and are subject to constant review, helpful suggestions and nitpicking from within the sales organization and from the entire company.

برای دانلود رایگان متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Balancing Incentive Compensation Plans

P ho to b y C O LI N A N D E R S O N /T he I m ag e B an k M any executives of medical technology companies count on incentive compensation plans to align their sales representatives’ goals with the goals of the company, but this oftentimes isn’t the result. Some very common types of incentive plans, when coupled with poorly balanced sales territories, can actually hinder a medtech company’s ab...

متن کامل

Motivating salespeople: what really works.

No sales force consists entirely of stars; sales staffs are usually made up mainly of solid perfomers, with smaller groups of laggards and rainmakers. Though most compensation plans approach these three groups as if they were the same, research shows that each is motivated by something different. By accounting for those differences in their incentive programs, companies can coax better performa...

متن کامل

An Empirical Examination of Goals and Performance-to-Goal Following the Introduction of an Incentive Bonus Plan with Participative Goal Setting

Prior research documents performance improvements following the implementation of pay-forperformance (PFP) bonus plans. However, bonus plans typically pay for performance relative to a goal and the manager whose performance is to be evaluated often participates in setting goals. In these settings PFP affects managers’ incentive to influence goal levels in addition to affecting performance effor...

متن کامل

Designing An After-Sales Service Curriculum Model For The Automotive Industry In Iran

Purpose: After sales service includes a wide range of services and provides the basis for long and easy use of the product. The present study was conducted with the aim of designing after sales service curriculum pattern of automobile industry in Iran. Methodology: This was a mixed exploratory study (qualitative and quantitative). The research population in both qualitative and quantitative pa...

متن کامل

Incentive Policy Options for Product Remanufacturing: Subsidizing Donations or Resales?

Remanufactured products offer better environmental benefits, and governments encourage manufacturers to remanufacture through various subsidy policies. This practice has shown that, in addition to product sales, remanufactured product can also achieve its value through social donation. Based on the remanufactured product value realization approaches, governments provide two kinds of incentive p...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

عنوان ژورنال:

دوره   شماره 

صفحات  -

تاریخ انتشار 2012