How the right compensation plan can supercharge profits by motivating sales
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Look at what you get when you are paying a 20% commission on gross profit: you pocket $4,000 for every $5,000 of gross profit your salesman generates. Sure, a great salesperson will make a killing with this type of pay plan, but you're going to make an even greater killing. You want your salesperson earning $200,000 because that means he's contributing $800,000 to your OH&P. Imagine having four such salesmen in your firm. How well-off would you be?
This type of pay plan will draw top salespeople to your company. Where else in the construction industry, or any industry, are they going to have a chance to make that kind of money?
Contact Ron Roberts, The Contractor's Business Coach, at Ron@FilthyRichContractor.com; P.O. Box 14825, Lenexa, KS 66285-0825; phone 913-961-1790; or visit http://www.FilthyRichContractor.com.
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