Human Capital Management

Human Capital Management

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May 17, 2013

Xactly Objectives Offers Inspirational Power of Compensation to Employees



Xactly (News - Alert) recently introduced Xactly Objectives to offer the inspirational power of incentives to employees. Customers can now align the performance of any employee with organizational objectives in a simplified manner using Xactly Objectives. The latest offering also connects and allows employees to accomplish their performance with full potential.

Sales organizations offer changeable reimbursement to employees as per their performance. Variable compensation is used to align employee behavior with corporate goals and encourage enhanced performance. Xactly has advantageously utilized its enormous expertise and management in the incentive compensation market to develop Xactly Objectives.

In a statement, Christopher W. Cabrera, president and CEO, Xactly Corporation, said, “Pay-for-performance programs are a powerful driver of employee behavior, proven to increase employee performance by more than 22 percent. Yet variable compensation for employees is often measured arbitrarily and rewarded subjectively, stifling employee motivation and performance potential, while opening up the company to the risk of misaligning payment with the actual performance delivered. Xactly Objectives builds on our years of sales compensation expertise to unlock the power of incentives for any employee, helping organizations better engage their workforce in achieving company goals and maximizing the ROI of their variable compensation programs.”

The extremely crucial resources of an organization are its employees. Normally, employees are able to accomplish their goals when they are connected to precise inducements. Organizations are now offered an enterprise-strength cloud solution with Xactly Objectives. Xactly Objectives also assists managers in offering targeted bonuses, linked to short- and long-term corporate goals, thereby encouraging employees.

Mark Smith, founder and CEO, Ventana Research, said, “The necessity to incent people for performance continues to be a place for dramatic impact and improvement for businesses, just as variable compensation has done for sales teams. To improve productivity and performance, organizations should engage with employees to determine where objectives are achievable and methods for where bonuses and rewards can be granted. With Xactly Objectives it is much simpler for organizations to manage this process and apply incentives effectively to increase any employee’s motivation to perform at the peak levels desired - which can have a significant impact on overall business results.”




Edited by Rachel Ramsey
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