Wages or Commissions? This 3-Step System Helps You Decide. When you offer salary and commission, you're motivating your sales team while minimizing the chances that they'll feel disgruntled and underpaid.
By Joe Worth •
This story appears in the July 2016 issue of Entrepreneur. Subscribe »
In my experience, the best plan includes a mix of both. When you offer salary and commission, you're motivating your sales team while minimizing the chances that they'll feel disgruntled and underpaid. But there's no one-mix-fits-all. To find the right system for your business, follow these steps:
Step 1: Look at how your industry works.
If most companies in your field follow one particular model, you may not have a choice. The best salespeople in the business will be used to that model; they'll expect it and likely won't work any other way.
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