Sales Compensation Incentive Programs Workflow Template

OpsDog Sales Compensation Incentive Programs Workflow - Preview Image

Overview: Sales Compensation Incentive Programs Workflow Template

This workflow template illustrates the correction, testing and implementation of changes to the employee compensation structure within HR compensation systems. Purchase and download this template in PDF, Visio and PowerPoint formats, and customize it to fit your organization, or use it to better understand the Sales Compensation Incentive Programs process.

Download a Free Sample of this Workflow Template


Process Details and FAQ: Sales Compensation Incentive Programs

What are Sales Compensation Incentive Programs?

The Sales Compensation Incentive Programs process handles the correction, testing and implementation of changes to the employee compensation structure within HR compensation systems. This process includes compensation generation and analysis, compensation corrections (where needed), testing (involves data gathering and compensation system development), report production and data validation. A competitive and motivating sales compensation plan includes four components (salary, commission, bonus and sales incentives) and, if done properly, should be straightforward and easily understood.


Which KPIs, or metrics, are typically used to measure this process?

The following metrics are typically involved in the Sales Compensation Incentive Programs process:


  • 1.Average Compensation per Employee
  • 2.Wages and Salaries as a Percentage of Total Compensation Expense
  • 3.Commission Rate: Sales Representatives

Which employees and/or departments are involved in this process?

The following parties are typically involved in the Sales Compensation Incentives Programs process:


  • Technology Support Specialist
  • HR Manager
  • Business Units (i.e., individual lines of business)

What is the purpose of these workflow templates?

Broken business processes pervade companies, large and small. Manual workarounds, downtime, errors and other waste is thought of as "the cost of doing business." Use our workflow templates as a starting point to document your own processes. Customize them to fit your business and add "call outs" for improvement opportunities.


How are these workflow templates created?

These workflow templates are the product of over 20 years of hands-on management consulting experience, as well as research performed by the OpsDog team. All of our workflows are mapped using the BPMN 2.0 specification.


How do I download a workflow template?

Simply click the "add to cart" button and follow the process to purchase and download this workflow template. You can use any major credit card, or a PayPal account, to pay. After you have completed the purchase, you will receive a link to immediately download the document in PDF, Visio and PowerPoint formats. If you aren't a registered OpsDog user yet, create a free account! New users get $20 off of their first purchase.


Questions?Call: 844-650-2888Email: info@opsdog.com
  • Workflow Template

    $15

    Sales Compensation Incentive Programs

    - Instantly download files
    - Includes PDF, VSD, PPT file formats
    - Customize PowerPoint, Visio versions
    - Workflows mapped in BPMN 2.0

    Questions?

    Call: 844-650-2888

    Email: info@opsdog.com

Related Products

Looking for a custom solution?

OpsDog’s remote analytical team can provide custom, high quality data, reports and analysis for your organization with low cost and risk. Custom solutions include:

Questions?Call: 844-650-2888Email: info@opsdog.com

Let's find a solution that works for you. Fill out the form below and an OpsDog team member will contact you shortly to learn more about your needs...

Need help?
Call: 844-650-2888
Email: info@opsdog.com
TOTAL:
Tax will be calculated in the purchase step.
Continue to Payment
Please login to continue your purchase
Need help?
Call: 844-650-2888
Email: info@opsdog.com
Need help?
Call: 844-650-2888
Email: info@opsdog.com
Back to Top