Creating Effective Revenue Compensation Plans and Setting Revenue Targets: Two Ends of a Lever
Designing compensation plans and setting revenue targets often feels like a daunting, black-box task for many business leaders, which is why we frequently get consulted on it. From our experience, this process can seem overwhelming, especially when leaders aim to craft the perfect plan that motivates their teams and drives results. But here’s the truth—there’s no such thing as a “perfect” compensation plan. The goal should be to create a fair, balanced system that motivates the right behaviors while aligning the entire revenue team with the company’s growth objectives. When done right, the compensation plan and revenue targets become two…