Key Trends, Metrics, and Best Practices Unveiled to Optimize Incentive Strategies and Drive Performance in Life Sciences
, /PRNewswire/ — Axtria Inc., a global cloud software and data analytics company for the life sciences industry, has unveiled two new comprehensive benchmarking studies: Global (Ex-US) Incentive Compensation (IC) Benchmarking Study and US Incentive Compensation Benchmarking Study. These studies provide critical insights into the evolving landscape of sales compensation trends, empowering life sciences organizations to design and implement effective incentive programs that drive growth and profitability.
“These studies underscore the importance of leveraging robust benchmarking insights to adapt to rapidly changing market dynamics,” said Asheesh Sharma, Head of Commercial Excellence at Axtria. “Whether optimizing pay structures, integrating MBOs, or redesigning IC plans for specialty areas, the insights from these studies are pivotal for organizations to achieve strategic sales goals while driving motivation and performance among their sales teams. At Axtria, we’ve helped transform over 100,000 sales reps into super reps, …