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Found 921 results
Workspan Daily
09/26/2024
Comp Strategies for New Sales Hires: Balancing Motivation and Finances
Providing an overly generous policy can set a dangerous precedent of inflated payout expectations and can also lead to financial strain on the organization.
Author(s):
Zack Houghton
Workspan Daily
11/09/2023
Consider Remote Employees When Communicating Importance of Sick Leave
Henry said there are visual cues that may be more readily apparent in an in-office setting, such as an employee bracing a wrist injury, struggling to get up from their desk as a result of a back problem or showing symptoms of the flu, but when working remotely, an employee may work through their symptoms as a result of the diminished or non-existent feedback loop from coworkers or supervisors who in an in-office setting may encourage that employee to take leave.
Author(s):
Rebecca McKinsey
Workspan Magazine
07/27/2023
Spot and Repair Sales Compensation Design Flaws
Sales leadership faces a unique set of challenges today, including higher interest rates, talent scarcity and lagging digital transformation — all of which threaten to weigh down enterprise growth rates this year.
Author(s):
Steve Herz
Workspan Daily Plus+
10/01/2024
FAQs to Help You Navigate Employee Retirement Discussions
May an employer set a mandatory retirement age for employees?
Author(s):
Shari Lau
Workspan Daily
02/22/2024
Salary History Ban Coming to Federal Employers and Contractors
Setting the Tone This latest executive order is another indicator that the federal government is taking pay equity seriously, setting the tone for the rest of the nation when it comes to implementing similar pay equity laws, said Shardé Skahan, partner, labor and employment at Seyfarth Shaw LLP.
Author(s):
Tom Starner
Workspan Daily
02/09/2023
Make Sense of Economic Factors to Form Cogent 2023 Pay Decisions
Your approach to setting salary increase budgets should be taken with your organization’s financial and competitive situation in mind, rather than what you are reading in today’s headlines.
Author(s):
Lori Wisper
Workspan Magazine
08/08/2024
3 Sales Compensation Challenges that AI Can Help Tackle
We have seen that companies, especially in the tech industry, are early adopters to AI-based quota setting and leverage AI models to set quotas or, at the very least, use AI-based market potential measures.
Author(s):
Amey Deorukhkar, Kalyani Sunil Nivsarkar, Siddharth MH
Workspan Magazine
12/09/2021
Determining Compensation for a Distributed Workforce
Remote employees’ pay structure is determined by the office to which they are the closest.; ; ;Set pay rates based on the remote-work location of the worker, such as their home address.; ;Set pay rate based on the U.S. national level, adjusting upward for the remote-work location if in a more expensive geographic area.; ;Set all employee pay at the same level, irrespective of location.; Although you could structure your remote worker compensation as mentioned above, or perhaps a different way particular to your industry, be mindful that the approach you take is consistent and fair across all employees.After deciding your philosophy, let’s explore five best practices when determining how to pay remote workers.
Author(s):
Justin Hampton
Workspan Daily
10/26/2023
Shifting Business Priorities Mean Shifting Sales Compensation Plans
;Primary performance measure was set at 60% weight and recurring revenue performance measure was set at 40% to motivate sales salespeople mindshare to service, consumables and reagents sales.; The company provided intensive training and communication materials to educate and engage the sales force on the new plan.
Author(s):
Raj Sharan
Journal Article
07/04/2022
Incentives and Recognition: An Evidence Review
However, it’s important to note that the research on employee participation in goal setting is mixed, with other research finding that supervisor-set goals are more powerful than self-set goals (CIPD 2016).
Author(s):
Charles Cotton, Jonny Gifford, Jake Young
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