McLeod Software User Conference 2019
Elevate your business to the next level by attending the McLeod Software User Conference in the Mile High City! Prosperio Group will be there and you don’t want to miss Beth’s presentation on Monday, August 26th at 2:00 PM MDT. Details of her session are below, or you can learn more on their website.
Using Incentive Compensation to Drive Growth and Balance Risk and Reward
Location: Summit 9, Level 2
Incentive compensation (variable pay) is common for sales reps and drivers, but many do not realize that it can be effectively used for other roles as well. This session will provide a basic understanding of the different types of incentive plans (commissions, goal-based bonuses, bounties, etc.) and the different considerations when setting up or changing your incentive plan, including how to determine the appropriate pay mix and the different ways salary can be used in conjunction with incentive pay. One size does not fit all, and it’s important to understand the pitfalls when making changes to what is probably one of your biggest budgetary line items.