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The Complete Guide To Sales Force Incentive Compensation: How To Design and Implement Plans That Work » (New Edition)

Book cover image of The Complete Guide To Sales Force Incentive Compensation: How To Design and Implement Plans That Work by Andris A. Zoltners

Authors: Andris A. Zoltners, Prabhakant Sinha
ISBN-13: 9780814473245, ISBN-10: 0814473245
Format: Hardcover
Publisher: AMACOM
Date Published: July 2006
Edition: New Edition

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Author Biography: Andris A. Zoltners

"Andris A. Zoltners is a Professor of Marketing at the Kellogg School of Management at Northwestern University. He is a founder and co-chairman of ZS Associates, a global business consulting firm. For over 30 years, he has served the business community as a professor, consultant, speaker, and author on marketing and sales force performance. He lives in Evanston, Illinois.

Prabhakant Sinha is a founder and co-chairman of ZS Associates, where he has consulted with more than 200 firms in North America, Europe, and Asia. He also teaches executive education courses on sales force effectiveness at Kellogg, the London Business School, and the Indian School of Business, and leads custom workshops for sales leadership teams. He lives in Evanston, Illinois.

Sally E. Lorimer is a consultant, specializing in sales and marketing, and business writer. She was previously a principal at ZS Associates, where she consulted with numerous companies on sales force design. She lives in Northville, Michigan.

All three are coauthors of Sales Force Design for Strategic Advantage, and Zoltners and Sinha are coauthors (with Greggor A. Zoltners) of The Complete Guide to Accelerating Sales Force Performance."

Book Synopsis

Every year corporations spend $200 billion compensating their sales forces, with widely varying results. By using The Complete Guide to Sales Force Incentive Compensation you can make sure every dollar you spends helps you create an empowered, effective sales force that drives your company's success. Packed with ready-to-use formulas, assessment tools and a wealth of insights from frontline sales managers and executives, this is your hands-on, easy-to-read "playbook" for making crucially important decisions.

Table of Contents

Ch. 1Sales force incentive compensation and the successful sales organization
Ch. 2Reviewing a current incentive compensation plan and setting objectives for a new plan
Ch. 3Plan design fundamentals
Ch. 4Plan design part 1 : determining the correct pay level
Ch. 5Plan design part 2 : finding the best salary-incentive mix
Ch. 6Plan design part 3 : selecting performance measures
Ch. 7Plan design part 4 : determining the right performance-payout relationship
Ch. 8Evaluating proposed sales incentive compensation plan alternatives and selecting a new plan
Ch. 9Setting effective goals and objectives
Ch. 10Increasing sales force motivation through sales contests, SPIFFs, and recognition programs
Ch. 11Making an effective transition with a major incentive compensation plan change
Ch. 12Incentive compensation plan administration

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