During an era dubbed The Great Resignation, designing effective compensation plans for your sales team is more important than ever. Not only can an appropriate compensation plan win over new talent for your organization, but it can also help to retain quality sales employees, which helps maintain a … [Read more...] about What Compensation Plan Will Motivate a Sales Team in a Growing Market Like EdTech?
Change is not only occurring at a rapid pace, but at an unprecedented scale in EdTech. If leaders in EdTech learned anything from this past year, it's that change seems to be the only constant, with changes affecting classroom procedures, administration tasks, and even which applications were being … [Read more...] about 5 Conditions For Running A Great Leadership Team
While many industries struggled to stay afloat during the COVID-19 pandemic, the EdTech market saw steep growth. As education moved from the classroom into the home, students, educators, and parents alike turned to new Education Technologies to receive necessary support during this new … [Read more...] about Acceleration Continues: The EdTech Market in 2021
Perhaps you work for a small to mid-sized organization, and you are trying to figure out the best flow of communication within your organization. How can your company be the most successful it can be? The first step to your success is setting up an organizational chart; however, it's important to … [Read more...] about Seven Optimal Organizational Chart Structures for Your Business
Say your organization is hiring for multiple positions, but you are having trouble finding the right candidates for the job. Your company has struggled with this more than once, limiting your ability to hit your business plan targets. More specifically, the lack of qualified candidates has led to … [Read more...] about Top 10 Ways to Attract and Retain Top Talent
Hiring the top EdTech talent you need in today’s tough talent market is not easy, and it doesn’t happen by accident. Working with a search firm experienced in your industry provides an advantage in time, expense, and hiring success. You can protect your company’s reputation when you have the right … [Read more...] about Five Questions to Ask EdTech Search Firms Before You Engage
Experts predicted that the pandemic of 2020 would be a catalyst for EdTech industry growth. In fact, Education companies that drove effective distance learning or safe returns to academic spaces experienced significant demand. Market research leader HolonIQ has estimated that venture capital … [Read more...] about Ten Insights to Influence Your EdTech Strategy in 2021
EdTech is expanding and evolving, with no signs of slowing. The global EdTech market is expected to grow to $285.2 billion by 2027, and the rate of change is increasingly more apparent in new products, services, and even target markets. Against this backdrop, it is not surprising that the number … [Read more...] about Will You Recognize the Need for Expanded Roles in Your EdTech Company?
A frequent consequence of any economic downturn is that organizations are forced to reorganize or lay off staff to remain competitive. EdTech companies are not immune to this phenomenon; many instituted staff reductions in early 2020, even though demand for EdTech products and services increased as … [Read more...] about How Do You Approach Re-Hiring After Recently Restructuring?
Before engaging in any search, The Renaissance Network (TRN) begins by researching relevant compensation levels, quotas and performance metrics. Initial hiring research plays an important role in reducing the risk of mis-hiring or pivoting a search. In Q2 2020, TRN set out to find the … [Read more...] about The EdTech Sales Compensation and Industry Status Report 2020