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Design a Sales Comp Plan to Get You to $100M | Work-Bench, Movable Ink, MongoDB, and Concert Finance

SaaStr 11,093 5 years ago
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How to Design a Sales Comp Plan to Get You to $100M with Work-Bench, Movable Ink, MongoDB and Concert Finance. Jessica Lin | Co-Founder @ Workbench Michaela Lehr | Director, FP&A @ Movable Ink Meghan Gill | VP of Sales Ops @ MongoDB Sanj Sanampudi | Co-Founder & CEO @ Concert Finance This panel will speak tactically to various comp design options as a way for management to determine and promote ideal behavior in their front-line teams. This will include diving into the pros and cons of the various comp design models, including MBOs, detailed incentive structures and flat commission rate payouts, as well as the nuance between using comp design as a motivational factor but not as a substitute for good management. Depending on size and stage, variable compensation can be one of a company's highest expense items, and a thoughtful approach is key. Want to join the SaaStr community? We're the 🌎largest community for B2B software. Subscribe for weekly updates: https://bit.ly/2IlxeYl Twitter: https://twitter.com/saastr LinkedIn: https://www.linkedin.com/company/2724976 Quora Group: https://www.quora.com/q/cloud Facebook: https://www.facebook.com/SaaStr/ Instagram: https://www.instagram.com/saastr/ Our North American Event: https://bit.ly/2OXeAYh Our European Event: https://bit.ly/2OZTad8

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