Build a high performing Sales team with Incentive Structures (Attracting and Retaining High Quality)

Building a high performing business: compensation subscribe to our channel: UCVCfIOOpCzwUP5xtWS6MALA

Do you want to know how to attract the highest quality people to your business? One of the ways is through Incentive structures, which not only attract but also retain high quality people. In this video you will discover:

00:00 Introduction
00:20 What is an Incentive Structure
01:30 Where do Incentive Structures fit in compensation models
02:00 Promoting High performance ( specific area of business)
03:00 Sales commission attached to Sales
03:30 Profit Share is overall performance
04:00 Avoiding misalignment
07:00 Incentivize the right type of people
07:50 use a Fixed Term Agreement
08:30 Revisiting the agreement
09:15 Remove your Blinkers
10:30 Advice: Go Slow
11:30 Trust your Gut

⭐⭐⭐Our clients think we do a great job:

👉More Videos On Business Finance

👉Let's Connect

👉Follow Us On Socials

👉Free Course On Money and Tax Strategies
✅Optin

-- WHO WE ARE -- We are financial specialists dedicated to helping entrepreneurs build highly profitable businesses through our signature frameworks and fractional CFO services. Our goal is to empower clients by teaching them how to understand the financial aspects of their business, enabling them to make effective decisions that maximize profit and growth.

-- DISCLAIMER -- CleverProfits and related parties do NOT provide tax, legal, or accounting advice. This content has been prepared for information purposes ONLY, and is not intended to provide and should not be relied on for tax, legal, or accounting advice. Viewing this video does NOT create an accountant-client relationship with CleverProfits. You should consult your own tax, legal, and accounting advisors for professional advice.

[karanpatel]

Awesome energy! Very useful tips. Thanks for the video.

[shahabas_-vdoh]

Hi Brother, You have specified that we would give target for the area they are controlling. Can i ask you one thing, if it is a Grocery shop then how can we give them incentive based on sale when the profit on the sale will be only 1 or 2 percentage of sale?

[electrowashyelect]

What incentive is better for Field technical. and production technician

[Daviedrin]

Awsm
Keep going!!

Do you need a video editor bro?

I can do a sample video ;)