Documente Academic
Documente Profesional
Documente Cultură
Ref: MPL/MKT/3244/2014-15
981
5.35 LACS
% ACH
ACHIEVEMENT
CURRENT INCENTIVE %
CURRENT INC. VALUE
ADDED INCENTIVE % on higher achievement
REVISED VALUE POTENTIAL
90%
4.82
1.50
7223
1.50
7223
95%
5.08
1.75
8894
1.75
8894
100%
5.35
2.00
10700
2.00
10700
105%
5.62
2.25
12639
2.50
14044
You need to relook on the above table again and again and understand how
you will be benefitted by increasing your percentage of achievement. To
facilitate your understanding and keeping a look on the table again, you will
understand on a monthly achievement of 100% and in this case a person of
PRPM of 5.35 lacs, the earning would be Rs.10700/- which is as per the
existing incentive policy. In case you venture it out to 105% the same
incentive earning jumps to Rs.14044/- and in case you go 110% achievement
your monthly incentive becomes Rs.17655/- you will look at the table once
again and see that for a months achievement from variability from 90% to
110% your incentive earning can fluctuate from Rs.7223/- to Rs.17655/- or in
other words your monthly incentive earning can fluctuate from 1.50% to 3%.
Also understand in this case on an increased sale of Rs.53500/-than his targets
the extra incentive percentage earned will be 13%. It is for you to decide what
you want to earn from your monthly achievements.
110%
5.89
2.25
13241
3.00
17655
Regards
Rajesh Kabu
President Sales and Marketing