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There are many components to a successful compensation plan. In Part V, the final segment of this series, you will learn that there are a variety of ways to structure payment to your sales team. You will also learn that while salespeople are motivated by monetary rewards, it is important to recognize their efforts as well. As a business owner, it is imperative to craft the right compensation plan to achieve desired outcomes, while rewarding and recognizing your sales team.
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Check out Part I, Part II, Part III and Part IV of the Sales Compensation Plans series.
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