Description
Carl Jones, founder and CEO of Konquest, the leading commission software for staffing and recruiting, discusses how agencies can transform their commission plans to drive performance. He shares insights from the Recruiter Commission Census, highlighting the rise of thresholds and layered schemes, and emphasizes the importance of aligning commission structures with business goals.
Parts Index (Timed Structure):
00:42 - 02:18: The pain point Konquest solves
03:30 - 06:20: Key insights from the Recruiter Commission Census
07:57 - 10:29: Addressing why 75% of agencies have commission issues
12:41 - 14:09: How Konquest influences future actions and discretionary effort.
18:10 - 20:10: Viewing commission as an incentive, not just a cost
21:56 - 23:38: The importance of product market fit and staying close to customers.
Key Highlights:
Commissions as a Strategic Lever: Commissions are not just a cost but a critical tool that impacts both profitability and revenue trajectory, deserving serious attention and regular review (at least annually).
Recruiter Commission Census Insights: The census reveals a substantial increase in the application and size of commission thresholds (now in the majority of agencies) and a significant rise in "layered schemes" (multiple commission components), which Carl advocates as best practice.
The "Why" Behind Commission Problems: 75% of agencies admit to commission issues due to a lack of scientific rigor, data, and confidence in decision-making, often leading to unreviewed, outdated structures.
Product Market Fit: Carl emphasizes the ongoing importance of product market fit for business growth, fundraising, and mental health, and the need to continually stay close to customers and problems.
Links to Books, Podcasts, Tools, Events:
Recruiter Commission Census: Available for free download on the Konquest website https://konquest.io/resources
Social Media and Website Links:
Carl Jones' LinkedIn: https://www.linkedin.com/in/carl-jones-66093722/
Konquest Website: https://konquest.io/ (resources section available with high-value assets)
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