Thought Leadership
From beginner to architect: Learn the essentials and build your first variable pay plan. Are you considering implementing a variable pay plan at your company? It’s an excellent tool for boosting revenues and performance, but it’s not something you can immediately put in place. You need to know the basics first. This guide helps you understand…
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Employees and employers often focus their attention primarily on variable pay, but it’s vital to consider the entire compensation plan. These tips help you craft a balanced compensation strategy. As with all aspects of business, success with each employee’s compensation plan comes from balancing each of the leading compensation package features: insurance, time off, base…
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Don’t settle for one-size-fits-all commission calculation software. Celebrate your uniqueness with Commission Plan by EthoTech. In 1884, a 19-year-old named Wilson Bentley took the first successful, close-up picture of a snowflake. Growing up in an area of Vermont that received a whopping 120 inches of annual snowfall, Bentley was naturally fascinated by snowflakes. After he…
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Boost Your Employees’ Financial Success by Sharing These Tips to Manage Commission Pay The Federal Reserve Board estimates that 28% of working Americans have a household income that changes from month to month. 10% of adults with variable income have experienced financial hardship as a result. It’s time to address this. As a business leader, you took quite a…
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As Microsoft prepares for the eventual sunset of Microsoft Dynamics GP, EthoTech remains steadfast in its dedication to supporting our customers. We understand that many businesses, like yours, have built a solid foundation on Dynamics GP, integrating essential solutions like EthoTech’s Commission Plan to streamline and optimize your operations. At EthoTech, we’re not just a…
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Learn 4 Ways to Simplify Commission Structures and Unlock Sales Potential Commissions are the lifeblood that keeps your salesforce motivated and driven. But what happens when your commission structure becomes so complex that it confuses more than it inspires? If your sales team struggles to understand how their commissions are calculated, they might feel demotivated,…
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Science-Backed Tips Help You Set Up a Commission Structure to Maximize Your Business Gains Variable pay can provide the middle ground between higher pay expectations and company performance expectations. That might explain why 84% of organizations now rely on variable pay to motivate their employees. But does it work? As with most things, the answer is:…
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Put Down the Baseball Bat. We’re Sharing the Top Ways You Can View and Share GP Data Anytime and Anywhere. Microsoft Dynamics GP is great for collecting data, and it delivers an incredible productivity boost for its users. We genuinely love GP, and we know it so well that we also know its glaring limitations for commissions reporting.…
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Want to Boost Employee Morale? Variable Compensation Could Be the Answer. Assuming a safe working environment with reasonable job security, employee happiness or morale usually comes from each employee’s personal calculation of salary + benefits + job satisfaction + variable compensation. And, as it turns out, variable comp can become a surprisingly hefty factor in this equation. Weighing the Full…
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Can Variable Comp Boost Employee Productivity? Find Out. Take a moment to consider labor costs across your organization. We’ve all heard the aphorism that “employees are your greatest asset,” but we all know that employees are also your greatest cost. The upshot of this is that employee productivity gains can directly result in profit gains for you. …
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