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How does your compensation plan stack up?

by Eliot Burdett | Published on - July 8, 2009

One of the most challenging areas in a company’s incentive plans are sales compensation plans. We often get asked to provide input on comp plan strategy and it is actually part of Peak’s recruiting services. I ran across this article on article on compensation from our good friend Colleen Francis at Engage Selling (www.engageselling.com). She

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Quarter End Motivation – Leave No Stone Unturned

by Eliot Burdett | Published on - June 29, 2009

Hours to the end of the second Q of 09. As tough as any other, but there are glimmers that a turnaround in the economy may be coming soon. As usual all the cliche’s about not quitting apply. Our final message this quarter includes a quote from Zig Ziglar: “We miss 100 percent of the

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How to Structure Sales Compensation Plans, Bonuses

by Eliot Burdett | Published on - June 29, 2009

We often receive questions about the merits of various comp plan elements and alternatives. Recently received a question about the frequency of bonuses. The right mix of incentives and structure depends on what you are trying to achieve. While commissions are typically tied to closed sales, while bonuses are often linked to other sales events