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    Model For Sales Commission Bonus Retention

    Uploaded by

    AgungBolaang
    This document outlines a rolling incentive plan for a sales representative over 12 months. It shows the minimum monthly sales quota of $5,000 and the actual net sales results which are recorded in yellow. The commission rates paid are between 5-9% depending on the amount of net new sales. There are also monthly quota bonuses of $500-$2,000 and a 1% client retention bonus paid. The total commission, bonuses and base salary plus benefits are shown for each month, with an average monthly payout of $6,650 and total annual payout of $119,606.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd

    Model For Sales Commission Bonus Retention

    Uploaded by

    AgungBolaang
    250 views3 pages
    This document outlines a rolling incentive plan for a sales representative over 12 months. It shows the minimum monthly sales quota of $5,000 and the actual net sales results which are recorded in yellow. The commission rates paid are between 5-9% depending on the amount of net new sales. There are also monthly quota bonuses of $500-$2,000 and a 1% client retention bonus paid. The total commission, bonuses and base salary plus benefits are shown for each month, with an average monthly payout of $6,650 and total annual payout of $119,606.

    Original Description:

    sales commission

    Original Title

    Model for Sales Commission Bonus Retention

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    © © All Rights Reserved

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    This document outlines a rolling incentive plan for a sales representative over 12 months. It shows the minimum monthly sales quota of $5,000 and the actual net sales results which are recorded in yellow. The commission rates paid are between 5-9% depending on the amount of net new sales. There are also monthly quota bonuses of $500-$2,000 and a 1% client retention bonus paid. The total commission, bonuses and base salary plus benefits are shown for each month, with an average monthly payout of $6,650 and total annual payout of $119,606.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    250 views3 pages

    Model For Sales Commission Bonus Retention

    Uploaded by

    AgungBolaang
    This document outlines a rolling incentive plan for a sales representative over 12 months. It shows the minimum monthly sales quota of $5,000 and the actual net sales results which are recorded in yellow. The commission rates paid are between 5-9% depending on the amount of net new sales. There are also monthly quota bonuses of $500-$2,000 and a 1% client retention bonus paid. The total commission, bonuses and base salary plus benefits are shown for each month, with an average monthly payout of $6,650 and total annual payout of $119,606.

    Copyright:

    © All Rights Reserved
    Download as XLSX, PDF, TXT or read online from Scribd
    Download as xlsx, pdf, or txt
    of 3

    Rolling Incentive/Commission Plan - All 12 Months

    Minimum Quotas Expected:

    5,000 Net New Business/Month

    Monthly Totals--Actual Net Rev Results Jan


    Jan Net $$ $
    Feb Net $$
    Mar Net $$
    Apr Net $$
    May Net $$
    Jun Net $$
    Jul Net $$
    Aug Net $$
    Sep Net $$
    Oct Net $$
    Nov Net $$
    Dec Net $$

    Feb
    Mar
    Apr
    M. Susan Stegall:
    5,000 $ Record
    5,000
    $
    5,000
    $
    actual net
    $ new sales
    7,000in yellow
    $
    7,000 $
    shaded areas $
    for 12,000 $
    each month.
    $

    5,000
    7,000
    12,000
    6,000

    Totals

    5,000 $

    30,000

    Commission Paid

    $
    Jan
    $

    Commission Rate--See yellow-coded


    scale below--enter the correct % each
    month.

    Feb
    350 $

    7%

    12,000

    Mar
    840 $

    7%

    24,000

    Apr
    2,160 $

    9%

    May
    $
    5,000
    $
    7,000
    $
    12,000
    $
    6,000
    $
    10,000

    May
    2,100 $

    7%

    40,000

    3,600

    9%

    Monthly Quota Bonus Paid-See green


    chart below - enter the correct amount
    based on sales production.

    500 $

    1,000

    2,000

    1,000

    2,000

    Client Retention Bonus Paid @ 1% of


    net (Use for Field Service Reps. And/or
    Sales Reps.)

    50 $

    120

    240

    300

    400

    850 $

    1,840

    4,160

    3,100

    5,600

    Grand Total Commission Plus Bonus


    Plus Base Salary
    Plus Benefits
    Total Pay plus Benefits
    New Net Sales for the Month:
    $0-749
    $750-4999
    $5000-9999
    $10,000 Plus

    Commission Rate Paid


    0%
    5%
    7%
    9%

    Quota Bonus Program-all 12 months


    100% ($4,000 - $5,999)
    150% ($6,000 - $7,999)
    200% ($8,000 - $9,999)
    250% ($10,000 plus)

    Jun
    $
    $
    $
    $
    $
    $

    5,000
    7,000
    12,000
    6,000
    10,000
    12,000

    Jul
    $
    $
    $
    $
    $
    $
    $

    5,000
    7,000
    12,000
    6,000
    10,000
    12,000
    4,000

    Aug
    $
    $
    $
    $
    $
    $
    $
    $

    5,000
    7,000
    12,000
    6,000
    10,000
    12,000
    4,000
    5,000

    Sep
    $
    $
    $
    $
    $
    $
    $
    $
    $

    5,000
    7,000
    12,000
    6,000
    10,000
    12,000
    4,000
    5,000
    6,000

    Oct
    $
    $
    $
    $
    $
    $
    $
    $
    $
    $

    5,000
    7,000
    12,000
    6,000
    10,000
    12,000
    4,000
    5,000
    6,000
    5,500

    Nov
    $
    $
    $
    $
    $
    $
    $
    $
    $
    $
    $

    5,000
    7,000
    12,000
    6,000
    10,000
    12,000
    4,000
    5,000
    6,000
    5,500
    4,300

    Dec
    $
    $
    $
    $
    $
    $
    $
    $
    $
    $
    $
    $

    5,000
    7,000
    12,000
    6,000
    10,000
    12,000
    4,000
    5,000
    6,000
    5,500
    4,300
    3,000

    52,000

    56,000

    61,000

    67,000

    72,500

    76,800

    79,800

    Jun
    $

    Jul
    4,680 $

    9%

    Aug
    2,800 $

    5%

    Sep
    4,270 $

    7%

    Oct
    4,690 $

    7%

    Nov
    6,525 $

    9%

    Dec
    3,840 $

    5%

    3,990

    5%

    2,000

    500

    500

    1,000

    500

    500 $

    520

    560

    610

    670

    725

    768

    798

    6,680

    3,300

    4,770

    5,690

    7,025

    4,340

    3,990

    $
    $
    $
    $

    Bonus
    500.00
    1,000.00
    1,500.00
    2,000.00

    Program-all 12 months
    $5,999)
    $7,999)
    $9,999)
    plus)

    Average Month
    $ 6,650
    Total
    $
    576,100

    39,845

    11,500

    5,761

    $
    $
    $
    $

    57,106
    50,000
    12,500
    119,606

    Commission, bonus & client retention


    Base Salary
    Benefits at 25%
    Total Payout per year

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