Sales Compensation Design: Aligning Incentives with Strategy
Course Code: LEAD-402
Format: In-Person / Virtual
Description: Incentives drive behavior. Grounded in Agency Theory (Principal-Agent Problem), this course guides leaders in designing comp plans. Learn to structure Commission vs. Bonus plans for "Hunter" vs. "Farmer" roles to align with company goals.
Learning Objectives:
Design compensation plans for distinct sales roles.
Align financial incentives with strategic organizational goals.
Mitigate the "Principal-Agent" problem in sales behavior.
Scholar-Practitioner Framework:
Theory: Agency Theory.
Application: The Comp Plan Workshop.
Curriculum: The Psychology of Money; Commission Structures; Spiffs and Accelerators.