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.
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