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The salesforce is a strategic lever of the sales organization for improving sales growth, market share and profitability. Various attributes of salesforce such as its size and structure are key components of salesforce compensation design. This research focuses on this direction and provides...
Persistent link: https://www.econbiz.de/10012966990
Salesforce compensation cost is the major cost of sales organizations and is influenced by sales organizations' internal as well as external environments. Salesforce control system as an antecedent of compensation can significantly influence salesforce behavior and has significant effects on...
Persistent link: https://www.econbiz.de/10012971199
explains agency theory and highlights the underlying logic of short-term behavior of salespeople when compensated with …
Persistent link: https://www.econbiz.de/10012971200
Sales organizations need to closely scrutinize the role of their sales force and its overall compensation costs. If organizations adapt to the changing internal and external environment, they are likely to be more successful and profitable. The sales force compensation plan should be compatible...
Persistent link: https://www.econbiz.de/10012973131
Typically sales organizations measure only past sales performance and hence rely on historical metric. Sales people who brought in the most sales were considered ‘stars'. However, such direct measure was neither an accurate gauge of a sales person's present worth nor a good indicator of his or...
Persistent link: https://www.econbiz.de/10012946313
Utilising the Sales Force Configuration Approach, this study evaluates how sales organisations can respond to market opportunities while balancing costs and profitability. The article discusses factors such as selling activities, role of the sales force, and sales force size and its impact on...
Persistent link: https://www.econbiz.de/10013021076
Salesforce are strategic assets to the sales organization, but their returns may not remain stable over time due to changes in business conditions. Salesforce investments are similar to investments in other types of real assets and thus carry uncertainties. The study identifies the uncertainties...
Persistent link: https://www.econbiz.de/10012921424
In current era of intense competition, management of salesforce compensation is becoming increasingly complex and challenging task for HR (Human resources) managers as sales people are demanding more and more reward. This paper has described an example of how game theory can be applied to...
Persistent link: https://www.econbiz.de/10013115034
when salespeople behave honestly …
Persistent link: https://www.econbiz.de/10013118375
A well designed pay structure can be used as a powerful tool for encouraging employees to achieve goals set by the management. Monetary rewards include base pay compensation (or fixed pay) and incentive compensation (or variable pay). Each element of the compensation decision encourages and...
Persistent link: https://www.econbiz.de/10013064876