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“10 Great Questions to Ask a VP Sales During an Interview.” ” – Compensation plans for sales leaders are tricky, and this post provides a clear framework thats been widely adopted. Its practical and relatable for SaaS founders struggling with scaling their sales teams. More Than a Good Rep.”
Don’t Overthink Compensation A good AE should pay for themselves within 3-4 months. Interview 30+ Candidates Yes, it’s a lot. If you’re selling to enterprise, hire someone who’s comfortable with long sales cycles and complex deals. Focus on whether they can deliver, not just on the cost.
It doesn’t matter how polished their resume is or how smooth they are in interviews. Invest in Sales Ops Early : Once you have 8-10 salespeople, you’ll need a Sales Ops/Enablement professional to manage training, onboarding, territories, and compensation plans, unless your VP Sales happens to be great at this. Micromanage Early On.
They often feature interviews or articles about key influencers. View this post on Instagram A post shared by Radoslav Bali (@radoslavbali) Set a budget and compensation plan Kicking off with an example, we worked with influencers on our Threads launch. These often highlight up-and-coming influencers.
Create Compelling Economic Incentives For sales talent, compensation is critical. When you bring in excellent operators early, it creates a snowball effect that attracts additional talent. in just four months and became a leader As Graham noted: “Success in sales is defined by how much money you’re making.
Thinking through all of these items will enable strong buy-in internally, which in turn provides more confidence as you create customer success job descriptions, then enter the interview and hiring process. 2: Start with a clear job title. Having worked with many companies, we know titles mean something different at every organization.
It’s a different world today, AI-fueled, often distributed and hybrid, and with inflation both in titles (CRO or VP Sales) and compensation expectations. All the questions still hold today, but I wanted to update them for 2025. Use this updated script for hiring that first VP of Sales. and make them successful first.
Following a structured recruitment process, will help you make an objective decision and avoid the feeling of being sold to during an interview. With a structured interviewing process like this, you can identify areas of potential concern and proactively work them into your onboarding and management strategy.
Learning #2: AI-Native Hiring is Non-Negotiable Windsurf : Graham Moreno requires “a key component of the sales interview now is: what are you doing with AI? The New Interview Standard: “I don’t care how good this person is—if they’re not in the tools and what I consider to be AI native, we can’t hire them.”
By having Sales Engineers (SEs) own both pre- and post-sale processes, and aligning their compensation and incentives accordingly, you address a long-standing challenge: the disconnect between a high-touch, high-value sales cycle and the subsequent handoff to implementation. Learn how to win in the margins.
What that CEO is compensated on, or what the CRO is metriced on. Net [00:48:00] retention is a CS sales number of service ses, so basically compensating around net retention. Conversations reveal the unshared details behind how they have grown companies, and the go-to-market strategies responsible for shaping that growth.
Podcast Full Interview: Video Watch the video on our YouTube channel. to get good feedback and you want people to be compensated for the effort that they’re going to put in. If you’re a founder, marketer, or product leader looking to grow your business while doing the right thing, this episode is a must-listen.
Sponsor Link: [link] The GTM Podcast The GTM Podcast is a weekly podcast featuring interviews with the top 1% GTM executives, VCs, and founders. Rick Kelley: So when I came to interview for the Yahoo role, and I’m gonna go back now a couple Sophie Buonassisi: Yeah. You gotta get better. How do I get there?
Discussed in this Episode: When to hire your first account executives Key traits to look for in early sales hires Structuring compensation for first sales reps Should you ‘hire the buyer’ to be your sales rep? 22:25 Designing a sales compensation plan. How do you think about the compensation structure? Total sense.
By communicating this clearly at sales kickoff or during interviews, you can set expectations properly with the team. The ultimate goal of any compensation plan is to ensure account executive success at each stage. Stage 4: Long Term Quota. Long term quotas are annual quotas.
As an example, Expensify includes a portion of their interview process where candidates solve a math problem on a whiteboard alongside their potential teammates. At a previous startup she worked for, management was constantly interviewing people from big companies to take leadership roles.
The reasons for this kind of nomadism can be complex—compensation, a growing remote-first workplace, morale, or a company’s reputation might contribute to their decision to leave. And finally, Notion conducts a “craft and value” interview, in which they determine if the applicant’s past work aligns with Notion’s values. . #2.
Let me share some learnings, and what I do now to force myself to be a better recruiter: Force yourself to interview 30 candidates for each VP position. You’ll have to, to get through 30 interviews. After each of those 30 interviews — email over a note on your feedback. Great things will happen if you do.
Your best bosses, VPs, mentors and others will give you “audibles” — quick bits of micro-advice during pitches, customer meetings, interviews, etc. You will interview 100s and then 1000s of folks over your career, and hire many very good, pretty good, OK and less-than-great folks. Listen to “Audibles” and Act on Them. Let them run.
We’re going to move into things like learning and development, L&D, building on great career pathing and getting that compensation right and I’ll give you a preview. Do they peel the onion back during the interview? Hey Dan, these are the quotas that we talked about during the interview process.
There was one thing prospective sales reps would say in an interview that always chilled my spine. And that was customer success managers who were really just farmers — compensated 100% or close to it for Upsells, not Retention. WebEx-type environments). They’d say this: “Those type of leads just Wasted My Time.”
If you’re new to sales (or don’t have an economics degree), decoding the sales compensation plan on offer can make your head spin. I have over a decade of sales compensation and strategy experience, including my new course, The Practical Guide to Sales Compensation. So you’re a sales professional interviewing for your next role.
We know it’s hard to apply and interview for a new job. When you interview for a design job, the process is usually mysterious: did you say the right things? When you interview for a design job, the process is usually mysterious: did you say the right things? On-site interviews. Show the right work? Hiring manager call.
” They will hire the same people from their network, structure the compensation plan identically, and apply the same sales processes and strategies. How would you structure the compensation plan to meet the needs of our business?
Test for it during interviews and onboarding. Look at how you structure compensation. You need to put a lot of thought into how you structure pricing, compensation, etc. So, make sure they’re fully mission-aligned and understand your end vision and what you’re trying to do. Competition for good sales leaders has increased.
When Garrett interviewed Alex, his challenge was to hire 30 reps within the first 30 days. Do many, many interview rounds. 2 – Get your compensation right. Alex’s first question was, how many recruiters do you plan to hire? . #1 1 – Have a recruiting strategy. Build a profile and pipeline.
10 Great Questions to Ask a VP Sales During an Interview. Let me give you a partial interview script that may help a bit. VP of Sales Compensation Plan. And then add some gravy in outbound and other expansion on top of that. That’s the magic in a great SaaS VP Sales. Ready to hire your first VP Sales? But haven’t done it before?
To this end, their hiring journey—from sourcing to interviewing to offering—should be as seamless as possible. On top of all this, build a compensation structure to drive desired behavior. Optimize the hiring process to keep up with growth. The hiring process is typically a candidate’s first experience with the company.
Compensation Design Structure effective comp plans : Balance base salary, commission, and accelerators to drive desired behaviors. Team Development Hire analytically : Use structured interviews to identify candidates with preparation, adaptability, domain experience, intelligence, and passion.
This requires effort from your entire organization, and Handshake VP, Employer Partnerships Jessica Peluso outlines some changes that you can make to your brand, and your application, interview, and offer process that will help find the talent you are trying to attract and hire. Below is the transcript of Jessica’s session.
To align the funnel and reduce waste and friction, Divvy would compensate each group, from marketing to customer support, one stage below where they were actually responsible in the funnel. Sales were compensated based on new logos and what they’d do during the first 90 days of implementation.
That means that you’ll have to: screen around 500-1000 CVs interview around 100 people do 2nd and 3rd interviews with around 20-50 people do a few dozen reference calls negotiate compensation and an employment contract with 10 people The numbers can obviously vary greatly, but you get the idea.
You don’t take their word for it in an interview setting. On interviewing, you want the candidates to be themselves. A lot of people try and do these high pressure interviews where you ask questions and try and throw people off and see how they react. A few interview questions that I really like.
Often, they’re incentivized by their companies to become managers to gain greater impact, influence, and compensation. As we began to redefine our own levels here at Intercom, I met with principal designers from various companies and read interviews with individual contributor design leaders on Staff.design.
By implementing CSQOs into your compensation plan, you empower your CS team to drive expansion, while maintaining their focus on customer success and retention. When designing compensation plans for CSMs, it’s important to include pipeline metrics alongside traditional retention and expansion goals.
Still, they don’t always nail down the details when it comes to the things that might entice a prospective salesperson — like a well-rounded sales compensation plan , for example. Think about the compensation structure of various sales roles. While it can be daunting to create such a plan, be kind to your future self.
Conducting interviews. What Interviewing 600+ Sales Reps Taught Me About Team Building. Loom’s Peter Prowitt shares the biggest mistakes to avoid if you’re interviewing for a sales position. 14 SaaS Leaders Share Their Favorite Interview Questions. 20 of the Best Interview Questions for Sales Hires. Compensation.
Follow up to this section with Ten Interview Questions to Hire the best Customer Success Manager (CSM). In recent years, CS professional compensation structures have tended to rely on revenue-generating activities, which will continue in 2022. Compensation system. Customer Success Manager Salary Trends 2022. 75,000-$250,000.
SaaS providers should also be compensated fairly for the value they deliver, and in most cases that value increases as the product continually improves and the customers’ usage increases. Live Interview With Kurt Smith on Pricing Strategies to Combat Stagflation. But fairness cuts both ways. RSVP and learn more.
Set expectations starting at the interview process on company values, pace, and vision. Also, reward employees for good work recognition, thoughtful thanks, and compensation. Employee Engagement: Show your employees that you are invested in their career goals and help them build a plan (that they own) to achieve those goals.
The draws include better base salaries, competitive variable compensation, better perks, or remote work opportunities at other organizations. Related: 26 Sales Interview Questions (and How to Answer Them Like a Boss!). Reassess your compensation offer. Compensation plays a major role in incentivizing sales reps.
It became a part of our interview questions. What questions do you ask in the interview? It’s a team that’s only focused on a values type interview process. Every single candidate coming through Gusto does what we call a watermelon interview. I got it wrong many times myself. How do you get them to join?
More here: 10 Great Questions to Ask a VP Sales During an Interview. #6. ” and their response is, “No one, but I’m going to hire a recruiter,” that candidate is not VP material yet. Any VP role is 50% recruiting and waiting a quarter or two is just too long. It never works out.
This sales rep talks about money, commissions, bonuses, comp plans, incentives, and their numbers start to drop when they feel like something may affect their compensation negatively. When interviewing extrinsics, they may ask about compensation early and negotiate heavily to ensure the compensation matches their expensive lifestyle.
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