Need Help with Inside Sales Rep Promotion Schedule

Hey savages -- Has anyone else seen or used a similar structure for inside sales rep promotion schedule?


The current framework that is being suggested is: an inside sales rep gets a base bump (fixed amount) and title level up every time they book $X dollar in revenue. The amount ($X) is small to start and then grows over time as the rep matures.


Example: After booking $200K, a rep is promoted from Level 1 to 2, and gets an increase in base salary. Each promotion band has a different booking target to get promoted. Let's say there's Associate, Junior, PC, Senior, Lead categories. Each category has 3-5 bands within them. So an example promotion schedule is Senior 1 > Senior 2 > Senior 3 > Lead 1.


Love feedback on pros and cons, things to watch out for.

๐Ÿ’ฐ Compensation
๐Ÿงข Sales Management
11
CuriousFox
WR Officer
3
๐ŸฆŠ
I was slightly overwhelmed reading that. Also that is something new to me so that may be why. ๐Ÿคทโ€โ™€๏ธ
amyhyoung
Politicker
1
Vp ops
It's new to me too! Trying to hear what the WR has to say about this
braintank
Politicker
2
Enterprise Account Executive
Sounds like some kind of RPG. Why all the complexity?
RaymundoFlex
Opinionated
7
AE
Close enough deals and you can be a level 69 elf warlock
Kinonez
Celebrated Contributor
2
War Room Enthusiast
A different take for sure, what perks would this have over the current model? Can you deep dive into it?ย 
amyhyoung
Politicker
1
Vp ops
Yeah I'm not too familiar or have much experience here hence hard for me to provide input back. The argument for this from the team has been this supposedly will drive more productivity and offer more incentive - if you're closing at a certain level, you can be promoted not just bc of # of years at a company. It's a clear path based on productivity. Caveats though, it doesn't necessarily help us find managers and lead distribution needs to be fair, etc etc
amyhyoung
Politicker
0
Vp ops
@braintankย see above^
CaneWolf
Politicker
1
Call me what you want, just sign the damn contract
NO. Just straight up promote properly. The pay bands are good though. Do that.
amyhyoung
Politicker
0
Vp ops
๐Ÿ‘
DrunkenArt
Politicker
1
Sales Representative
Kinda seems like multi level marketing tbh. Anyone can get lucky here and there with deal size, but promotion should be based on merit and the ability to actually be qualified for it.ย 
amyhyoung
Politicker
0
Vp ops
Thatโ€™s a fair point. I like the pay bands like what @CaneWolfย said but leave promotion out of thisย 
SADNESSLieutenant
Politicker
1
Officer of โ™ฅ๏ธ
Hi Amy, you do know this is an anonymous site for anonymous profiles right? It's that way for the savagery

Whats to say one rep isnt tied to a terrible AE who can't close shit? I had a terrible AE and he just was stoned all the time and didn't close anything so I had to hand him double the meetings than my peers to close the same amount.
CRAG112
Valued Contributor
0
Account Executive
Sounds like common bullshit companies offer when it comes to promotion and longevity.

4 or 5 steps just to get anywhere. All the while, your sales targets will become impossible without 70hrs + a week.

I've seen the same shit with SDR's. SDR1, SDR2, SDR3, SDR team lead.....maybe if the manager gets canned of course. Along with insane expectations as you go up.
8

Are you guys aiming for management positions (VP or Sales Manager) or focusing for on being the number 1 rep?

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