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Sales Compensation

Sales and incentive plans are vexingly difficult to design. Take the wrong path and you are sure to slide into a troubling sales pathology (e.g., cannibalizing sales channels, fighting over account ownership, land-lording customers, selling the wrong products and commission gamesmanship).  

Enter The QTI Group. We’ve designed our fair share of highly successful plans, and we know how to create sales plans that get results. 

Specifically, we offer you:

  • An understanding of incentive techniques—tempered with an appreciation for the practical aspects of incentive plan administration
  • An approach that emphasizes improving sales force performance through targeted incentives that align with sales strategy
  • Experienced consultants who work directly with you rather than selling the project and passing off the work to less experienced colleagues
  • Extensive experience with sales incentive design, modeling and communications
  • An expert who will challenge your sales force assumptions and facilitate a customer-centric discussion of how your sales force can add value

We will help uncover the underlying assumptions in your sales plans such as:

  • Landing new customers takes no more effort than taking an order from an existing customer
  • Margin on all products is the same
  • There are no minimum expectations for sales people 

The discussions we initiate often lead to job design changes, territory realignment, sales strategy and sales organization changes that have tremendous impact on sales performance.  

Our view of the incentive design process is all encompassing. We consider decisions such as segmenting markets, identifying buying preferences, intelligently deploying sales resources and identifying key target prospects. We’ll help you create goals that reward top performers like top performers. We’ll help you motivate your sales force to engage in strategic activities that build customer relationships with long-term value. 

We believe in thoroughly modeling new plan designs so that the best performers are paid very well without receiving unearned windfalls — while you understand how the plan will operate under many different scenarios. 

The QTI Group loves challenges. Let’s talk about your sales and incentive goals.  Whatever your need QTI's experts in Sales Force Compensation can help.

 

 

 

 

Bank compensation planning used to be easy but that has changed.  Here are some tips to help instill confidence again.

Wisconsin bioscience companies project a salary increase of 3% in 2012.  Learn more here. 

More organizations are anticipating difficulty recruiting over the next 12 months as compared to last year. See our Wisconsin Human Resources Planning Survey results to learn more.

Learn About Renewed Government Focus on Pay

Here are some of the current projects we are working on:

Updating base compensation structure for a professional services firm

Performing market pricing, FLSA study, and structure analysis for a foundation

Developing administrative career ladders for a utility

Updating base compensation – including market pricing, assisting with internal job classification, and adjusting structure – for a life insurance company

Assessing current staff and recommending 5 year strategic HR plan for a growing catalog retail business

Conducting FLSA study for a higher education organization

Working with a family business to design executive incentives

Conducting an engagement survey for a professional services firm

Creating HR, manager, and employee training materials describing new compensation program at a property/casualty insurer

Building base compensation program for a health insurance company

Working with board to conduct a multi-source feedback appraisal on the top executive at a non-profit

Assisting an evolving foundation in creating more robust job documentation

Completing an executive compensation study for a manufacturer

Developing career ladders for a professional services firm

Conducting an HR economic pulse survey in conjunction with a higher education organization in Milwaukee

Working with an insurance agency to gather job information, market price jobs, and create a compensation structure

Performing an executive compensation study for a managed care organization

Developing engineering career ladders for a utility

Conducting employee engagement survey for a business membership association

Conducting an HR needs survey of dental offices

Adjusting compensation program at a manufacturer to align to market and allow efficient use of compensation budget

Designing staff annual incentive program at a health care facility

Researching and assessing impact of recent legislation on loan officer incentives at a bank

 

 

 

 

 

 

QTI News

Wisconsin bioscience companies project a salary increases of 3% in 2012.  Learn more here .

Click here to read the inaugural edition of QTI Consulting's HR Strategic Directions.  This edition focuses on low-cost engagement initiatives.  Stay tuned for future editions focusing on topics like Sales compensation, Base pay strategies in a recovering economy, and Talent management & succession planning.