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Design of Sales Compensation - Virtual Classroom

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E-Learning access will be provisioned within 48-hours of client providing the learner name, e-mail, and contact information to WorldatWork. In the event that a product needs to be swapped for a different product the following applies. - S
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Design of Sales Compensation starts with a contemporary overview of the key principles of the sales compensation field. It continues with skill-building concepts related to the design and management of sales compensation programs. Formula creation, quota/territory design and modeling are among the topics covered in depth. This course is a comprehensive learning experience, equally appropriate for those new to sales compensation and those with some experience in administration or analysis and ready to be more involved with design, modeling, and planning decisions. This content-rich course provides learners with the knowledge and skillset needed for success in a sales compensation role. Learn how to influence the design of sales jobs for maximum effectiveness. Identify different sales compensation plan types and apply in the appropriate situation. Calculate different sales compensation formulas appropriate for product/market factors. Set quotas and/or re-balance territories to provide equitable earnings opportunities. Design new and manage existing and evaluate compensation plans. Provide expertise, support, and consultation to internal stakeholders accountable for sales results. Recommend plan revisions as well as new plans, to support the strategic plan.