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Incentivizing Success: Recruitment Commission Models That Work
Manage episode 439149260 series 2283181
Designing a simple, enticing, and profitable commission scheme can be a real challenge.
Especially if you worked in only a few firms before setting up your own.
Commission schemes, when done right, incentivize teams to go above and beyond.
But when done wrong, they can demotivate your team or worse incentivize short-term gains at the expense of doing the right thing.
Leading to long-term problems.
I have seen this many times in the past, perhaps you have too.
So, the first episode of the new MARShow season is focused on all things Commission.
Our guest will be Carl Jones of Konquest ( / carl-jones-66093722 ) who will be exploring questions such as: -
💥Is there an ideal balance between base salary and commission?
💥What are the consequences of the different schemes?
💥Should you pay on GP, profit before tax or contribution?
💥What schemes work well in a Layered (non-360) model?
💥What’s the easiest way to run your scheme?
Perfect for you if you don’t have a scheme or feel yours isn’t working.
⭐ The MARShow is proud to be sponsored by Giant Finance ⭐
To learn more about Giant Finance options for contract, temp and perm placements contact Rich Berrisford at Rich.Berrisford@giantgroup.com
67 episoder
Manage episode 439149260 series 2283181
Designing a simple, enticing, and profitable commission scheme can be a real challenge.
Especially if you worked in only a few firms before setting up your own.
Commission schemes, when done right, incentivize teams to go above and beyond.
But when done wrong, they can demotivate your team or worse incentivize short-term gains at the expense of doing the right thing.
Leading to long-term problems.
I have seen this many times in the past, perhaps you have too.
So, the first episode of the new MARShow season is focused on all things Commission.
Our guest will be Carl Jones of Konquest ( / carl-jones-66093722 ) who will be exploring questions such as: -
💥Is there an ideal balance between base salary and commission?
💥What are the consequences of the different schemes?
💥Should you pay on GP, profit before tax or contribution?
💥What schemes work well in a Layered (non-360) model?
💥What’s the easiest way to run your scheme?
Perfect for you if you don’t have a scheme or feel yours isn’t working.
⭐ The MARShow is proud to be sponsored by Giant Finance ⭐
To learn more about Giant Finance options for contract, temp and perm placements contact Rich Berrisford at Rich.Berrisford@giantgroup.com
67 episoder
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