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Structure Sales Compensation Plans That Can Fire Up Your Employees

HR Digest

Define Overall Business Objectives Define the company goals in terms of numbers as well as value additions and qualitative performance indicators that matter to the company. Examples of business objectives can include market expansion, revenue growth, cost reductions or optimization, product development, etc.

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Earn Customer Loyalty Without Losing Your Shirt

Harvard Business Review

The bank has a framework within which every employee understands the business objectives of earning customer loyalty, and where every business practice is designed to encourage both systematic and spontaneous attempts to wow customers. Why does this work? In short, strategic and financial success.

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Earn Customer Loyalty Without Losing Your Shirt

Harvard Business Review

The bank has a framework within which every employee understands the business objectives of earning customer loyalty, and where every business practice is designed to encourage both systematic and spontaneous attempts to wow customers. Why does this work? In short, strategic and financial success.

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Listen to Your Employees, Not Just Your Customers

Harvard Business Review

Many companies love customer feedback, but only a handful have devoted as much energy to employee feedback systems. “For every dollar spent on employee feedback, companies spend hundreds of dollars on customer feedback,” said Troy Stevenson, former vice president of customer loyalty at eBay, in a recent interview.

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