Rule of 78 provides proven strategies to develop fair and balanced compensation programs and plans for sales teams. The ability to create programs which incent the activity, actions and strategies that the company desires is fundamental to rapid sales expansion.
Many organizations struggle with the ability to develop compensation plans which reward the players and balance the risks appropriately. We have successfully created comp plans for sales teams in dozens of organizations.
Rule of 78’s Compensation Plans include:
- Hourly wage
- Annual salary
- Retirement savings
- Group health benefits
Having a well-thought-out compensation plan in place allows you to boost employee productivity and motivation, control costs, and ensures equity. Rule of 78 helps you determine key metrics in evaluating your staff’s performance, so you can better scale your compensation plans depending on the circumstances.
Create an effective compensation strategy.