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It involves a combination of intrinsic and extrinsic factors that fuel their passion and commitment to delivering outstanding results. Intrinsic Motivation Intrinsic motivation comes from within and is driven by personal desires, values, and a sense of accomplishment. Want To Close Sales Easier?
If your goal is indeed group-centric, it''s likely your goal will require a certain dose of teamwork. But as anyone who''s ever worked on a team knows, teamwork can just as often be a poison to progress as it is a support system. Reduced intrinsic motivation. A rise in unethical behavior. Distorted risk preferences.
While it's likely that no one will complain about these perks (they're awesome, after all), many companies are shifting their focus to prioritize intrinsic motivators such as peer-to-peer recognition and frequent feedback as a way to improve employee engagement. Is that really what company culture is all about? Why the emphasis on engagement?
Intrinsic benefits: If you have strong intrinsic benefits – a great brand, a strong culture, an outstanding training program, clear career progression – then you may be able to get away with paying lower OTE. Closed-Won Business: Many companies pay SDRs on closed-won business – often in the neighborhood of 1.0%
For example, instead of only congratulating Kim privately on closing that colossal deal that took months, highlight her achievement on the weekly team call. Host team dinners — If a rep closes a particularly complex or essential deal, treat them and anyone who assisted to a celebratory dinner. It’s natural for reps to want to compete.
For example, a sales development rep (SDR) may earn incentives for surpassing their booked meetings goal for the month, while an account executive may earn incentives for closing more sales than their monthly quota. Presales incentives: Most sales require multiple steps before a deal is closed.
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