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Creating a compensation or bonus plan that is "fair" and "balanced" is necessary to avoid unfair pay practices that could be deemed discriminatory. What is a common denominator that all sales personnel could be evaluated on whether or not they are new employees?
What are thoughts concerning a bonus structure that specifically addressed how much a salesperson generates in revenue each month?
Would this be a fair playing field for all staff? For example (and this is very simplistic):
Sales Generated By Month: Bonus Payout:
$0 - $1,000 $0.00 - expectation.$1,001 - $2,500 $200.00$2,501 - $5,000 $400.00$5,000 - $7,500 $650.00
How would the above type scenario level the playing field for all sales staff members? Would this type of plan be motivating to everyone..why or why not?
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Learning to master one's own mental capacity or emotional state of mind is the first step in understanding how to manage others.
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