Managing Comp Plans Through Life Events

Palette Team

When designing sales compensation plans, we often focus on our business objectives and think about how to incentivize sales teams to reach their full potential. As important as this is, comp plans must also account for practical considerations impacting salespeople. In order to properly administer comp plans, companies should have policies that standardize common life events such as role changes, team transfers, leave periods, and more. Our new guide, written by sales compensation expert Ben Chambers, explains how to account for these events in your comp policy and ensure that your plan administration is smooth, and your sales team experience is positive. Click the link to read the full guide, Managing Com Plans Through Life Events.

Subscribe to our updates

Latest news, best practices, and industry insights - stay up-to-date on everything you need to know about sales compensation!

Sign up for our newsletter, we promise not to spam you.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Why Palette?

Automate calculations

Automate sales commission payments. Create commission rules, define a payout schedule and access monthly statements for each sales rep.

Motivate and coach with real time dashboards

Motivate sales professionals with real-time visibility into commissions. Coach your team, align everybody with company goals and drive long term sales performance.

Compare, simulate and design commission plans

Roll out new commission plans with ease. Compare plans and simulate new rules with a single click.

No more errors

Palette keeps history logs and tracks every calculation detail, helping you to reduce sales commission errors.

Reconcile revenue with CRM data

With Palette you can reconcile invoices and payments with CRM data and pay commissions to your reps only when the money is in the bank.

Create challenges with one click

Incentivize your teams on short term goals. Create a challenge targeting any KPI you want to uplift, drive better results and boost your company’s culture.