What Survey Questions Were Asked?
The following questions were part of the survey:
- Estimated percentage of payouts later identified as over payments
- Estimated number of hours spent per week on incentive program administration tasks
- Estimated percentage of representatives who understand incentive program terms and conditions
- Estimated percentage of representatives trusting the accuracy of incentive program payouts
- Estimated percentage of representatives using "shadow accounting" to verify payouts
- Estimated ability (1-10 scale) to make on-demand changes to the incentive program's parameters
- Estimated ability (1-10 scale) to offer adequate security / audit capabilities
- Estimated ability (1-10 scale) to offer a legally protected incentive program
- Estimated ability (1-10 scale) to handle disruptive events such as refunds or territory changes
- Estimated ability (1-10 scale) to align incentives with sales objectives
- Estimated ability (1-10 scale) to issue payouts on time
Key findings
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What Were the Parameters of the Survey?
Our 2022 survey used the following parameters: At least 100 respondents Maximum of 2 respondents per organization All organizations must be classified as SMBs Participants must answer questions in person, over the phone, via LinkedIn, or via email ...
What Were Additional Findings of the Survey?
The following are some of the findings we discovered: Percentage of payouts later identified as overpayments - 4.2% Hours spent every month on incentive program administration tasks - 22 hours Percentage of representatives who understand incentive ...
What Were Some Key Findings of the Survey?
The following are some of the key findings we discovered: Estimated percentage of payouts later identified as overpayments - 4.2% Estimated time spent every month on incentive program administration tasks - 22 hours Estimated percentage of ...
What Was the Distribution of Respondents?
The distribution of survey respondents by industry was: The distribution of survey respondents by role was: