Sales Credits. Where a sales credit has to be given to a client (because of a dispute over the amount of the job or quality of the final result not meeting client expectation), the credit amount will be adjusted to the “allowable sales” of the team member either in the same month or future months sales. Allocation of jobs: Surface Restoration Technicians cannot pick and choose the jobs or quotes they are allocated. The nature of contracting is taking the good with the bad. Head Office will endeavour to allocate jobs fairly to Technicians with location taken into consideration.
Sales Credits. Sales Commission is paid to the Sales Engineer based on their involvement with the sale of the following products: xiiSoftware Product 1 Software Product 2 Software Product 3 Sales Engineer earns commissions only when an invoice to the customer is completely paid.xiii Sales Revenue minus Tax and Shipping charges are credited to the Sales Engineer and compared to the Quota. Calculation: Sales credits are accumulated and compared against the annual quota. Based on the percentage of quota achievement a different sales commission percent is applied against the current sales revenue and commission amt is calculated. Commission Tiers Quota Achievement Commission Rate 0% to 79.99% 1% 80% to 99.99% 2% 100% to 149.99% 3% 150% and above 4% Example: Assuming Sales Engineer has a goal of $100,000 and in the first month completes the following sales- Invoice1 $60,000 Invoice2 $30,000 Commissions will be calculated as follows: Invoice 1 $60,000 at 1% = $600 (Is in the first tier) Invoice 2 $30,000 = $400 (Crosses two tiers) $20,000 at 1% = $200 (this portion is in the first tier) $10,000 at 2% = $200 (this portion is in the second tier) Total Commission: ($1,000) xivMaintenance and Support Commission Quota: Sales Engineer does not have a quota for this Commission. Sales Credits: Sales Commission is paid to the Sales Engineer based on the Maintenance and Support Contract invoiced: Maintenance & Support Contracts Sales Engineer earns commissions only when an invoice to the customer is completely paid.xv Calculation: Sales credits are accumulated and paid at a standard 2.5% of Revenue. Example: Assuming the following services in the first month – Invoice1 $8,000 Commissions will be calculated as following: Invoice 1 $8,000 $8,000 X 2.5% = $200 (Commission) President’s Club On achievement of 125% of the annual quota for the main sales commission incentive, Sales Engineer will join the President’s club. President’s club members will be invited to the annual sales meeting trip held in the first quarter of the next year.
Sales Credits. Sales Commission is paid to the Sales Rep based on the sale of the following products: xiiProduct 1 Product 2 Product 3 Sales Rep earns commissions only when an invoice to the customer is completely paid.xiii Sales Revenue minus Tax and Shipping charges are credited to the Sales Rep and compared to the Quota. Calculation: Sales credits are accumulated and compared against the annual quota. Based on the percentage of quota achievement a different sales commission percent is applied against the current sales revenue and commission amt is calculated. Commission Tiers Quota Achievement Commission Rate 0% to 79.99% 3% 80% to 99.99% 5% 100% to 149.99% 7% 150% and above 10% Example: Assuming Sales Rep has a goal of $100,000 and in the first month completes the following sales- Invoice1 $60,000 Invoice2 $30,000 Commissions will be calculated as following: Invoice 1 $60,000 at 3% = $1,800 (Is in the first tier) Invoice 2 $30,000 (Crosses two tiers) $20,000 at 3% = $600 (this portion is in the first tier) $10,000 at 5% = $500 (this portion is in the second tier) Total Commission: ($2900) xivService Gross Profit Commission Quota: Sales Rep does not have a quota for this Commission. Sales Credits: Sales Commission is paid to the Sales Rep based on the sale of the following services: Service 1
Sales Credits. Sales Commission is paid to the Sales Rep based on MRM of the following merchant services products: PaymentXL MobilePay GiftCardz Sales Rep earns commissions on sales where they had a direct responsibility for the sale. Sales Revenue minus Tax and Shipping charges are credited to the Sales Rep. Sales credit is allocated on the booking of a contract. An advance commission on 3-month MRM is calculated and provided at the same time. After three months the actual MRM is assessed, and commission is earned against that. The advanced commission is adjusted against the earned commission at the same rate. Calculation: Sales credits related commissions are calculated at the following rates: First 3 months of MRM. Example: Assuming Sales Rep completes the following sales- Contract MRM Duration Contract1 $200 1 month Advance = $600 $250 1 month $100 1 month True-up adjustment = -$50
Sales Credits. Sales Commission is paid to the Sales Rep based on long term contracts: Sales Rep earns commissions on sales where they had a direct responsibility for the sale. Sales Rep earns commissions only when an invoice to the customer is completely paid. Calculation: Sales commissions are paid as a percent of MRM Commission rate = 2% Example: Assuming the following monthly MRM – Invoice 1 $1000 Invoice 2 $1000 Invoice 3 $2000 Commissions will be calculated as following: $4000 $4000 X 2% = $80 (Commission) President’s Club On achievement of 125% of the annual quota for the main sales commission incentive, Sales Rep will join the President’s club. President’s club members will be invited to the annual sales meeting trip held in the first quarter of the next year.
Sales Credits
