The Sales Compensation Show cover image

The Playbook for Sales Compensation Planning, Implementation, and Monitoring with Maria Oczko Canant, Head of Global Sales Planning at Workiva

The Sales Compensation Show

NOTE

Efficiency and Improvement in Sales Compensation Processes

Improvements and efficiency gains in sales compensation processes were observed through the implementation of better tools and processes. By revamping the entire process, including data cleaning, approvals, plan documentation, and speeding up response times, significant enhancements were achieved. Transitioning from manual to automated processes reduced errors and post-payroll adjustments from $1.4 million to just $2,000 in a year. Implementing changes also led to improved clarity, speed, and confidence for sellers in their attainment levels. Furthermore, transitioning support teams from quarterly to monthly payments resulted in a significant reduction in post-payroll adjustments, demonstrating tangible benefits that were appreciated by accounting and finance teams.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner