Sales Compensation & Sales Incentive Plans (SIPs) - Managing Remuneration for the Sales Force
Advanced techniques and best practice in Compensation and Reward Management to motivate and reward your sales force through SIPs (Sales Incentive Plans)
Sign up for our Sales Compensation & Sales Incentive Plans (SIPS)
Discover practical steps for designing and implementing SIPs
Why Attend?
A fundamental component of reward management and HR is designing your compensation for Sales employees to really drive performance to achieve your Sales targets. Rather than make changes, HR and reward professionals try to fit the ever-changing needs of their Sales employees into a system that may not have been reviewed for many years. This course will touch on all areas of “Sales Compensation”, including basic salary structures and SIPs (Sales Incentive Plans).
Benefits Of Attending
- Increase your business performance and employee effectiveness through implementing advanced compensation and reward systems
- Discover practical steps for designing and implementing SIPs (Sales Incentive Plans)
- Develop solutions for your own compensation and reward issues and challenges for your sales force based upon practical case studies and course discussions
Competencies
This course is designed as an “intermediate and advanced” course in compensation, and delegates should have either already attended the elementary foundation course on "Managing Compensation and Salary Structures”, or they should already have practical knowledge and working experience of working with the main “fundamentals” of managing compensation including knowledge about Pay Strategy, Grade Structures, Market Pay Levels and Benchmarking, Designing Payscales and Salary Structures, Calculating Compa-Ratios, and simple payscale Formulae (such as the single-step approach of 80%-120% for min-max pay ranges).
Run this course in-house
Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement.
Bespoke training designed for your organisation only, combining traditional classroom setting, blended and online learning models
schedule Date | maps_home_work Delivery Type | person Trainer | language Language | ||
---|---|---|---|---|---|
14 Nov 2024 1 days 09:30 14:30 Asia/Dubai | location_on Live Digital Online | English download_for_offlineDownload Brochure | $1,250.00 |
14 Nov 2024
1 days, 09:30 14:30 Asia/Dubai
location_onLive Digital
Online
Language: English
download_for_offlineDownload Brochure$1,250.00
Is this course for you?
Who Should Attend
This course is designed for everyone who requires an in-depth knowledge of working wit hand managing salary structures and compensation and reward issues for the sales force. This includes both HR generalists and C&B specialists, and all professionals who work in HR at all career levels and all specialists who work in Compensation and Benefits, at both a “intermediate” and “advanced” level, as well as Sales Managers who need to know about “SIPs” and “Compensation for Sales”.
Course Requirements
Delegates must meet two criteria to be eligible for an Informa Certificate of Completion for a course:
- Satisfactory attendance – delegates must attend all sessions of the course. Delegates who miss more than 2 hours of the course sessions will not be eligible to sit the course assessment
- Successful completion of the course assessment
Course Methodology
This course uses a combination of workshop sessions, knowledge share and group discussions to provide an interactive approach to knowledge transfer. Delegates will be provided with actionable, impactful tools and frameworks that will allow them to navigate transformation from strategy to execution.
Learn More About This Training Course
Delivered by Robert
Robert is in the highly prestigious and influential list by People-Hum of “The Top 100 Global Thought Leaders To Inspire You in 2021” and he awarded the “Global HR Leadership Award” in 2017 by the World HR Congress to recognize his iconic contribution to the global C&B community over the past decade
Certified by CPD UK
The CPD Certification Service is an independent accreditation centre working across all sectors, disciplines and further learning applications and supports policies of institutional and professional organisations globally.
Run this course in-house
Informa Connect Academy’s customised training solutions have helped organisations deliver tailored learning in different languages to suit every requirement