The Sales Compensation Experience  cover image

S1:E2 Attracting Sales Talent with Choice Based Incentive Plans

The Sales Compensation Experience

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Choice-based Incentive Plans and Sales Talent

This chapter discusses different strategies for attracting sales talent through choice-based incentive plans, such as adjusting the pay mix and manipulating the payout curve. It explores the concept of pay mix and its importance in sales compensation, as well as the idea of taking a conservative posture in sales forecasting. The chapter also touches on stacked ranking, quota attainment measures, and the behavioral economics concept of choice preference.

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