8 Most Common Sales Commission Structures

8 Most Common Sales Commission Structures

What exactly is a Sales Commission Structure? Motivation is the core of sales performance. Without that inner drive, your salespeople may not be prompted to close deals. It is a win-win situation for you and your sellers when you do it right. Designing sales...
Impact of Revised IRDAI Guidelines on Commissions

Impact of Revised IRDAI Guidelines on Commissions

Insurance organizations need to comply with guidelines outlined by the Insurance Regulatory and Development Authority (IRDAI) concerning commissions paid on the sale of insurance products. Over the years, the amounts and methods of payment for commission/remuneration...
Key Signs Your Sales Commission Admin is Struggling

Key Signs Your Sales Commission Admin is Struggling

Organizations usually choose to incentivize sales performance as a percentage of revenue generated. This is one of the most prevalent sales commission structures. However, as organizations grow, selling model complexities increase, and there’s usually a need for...