I wouldn't pay someone bot a month upfront and a residual, but maybe I am greedy. The big thing I think you should watch out for that always scuttles sales people I have apus that way is their residual gets so high they no longer have to get new clients to earn a great living so they eventually stop selling and just work part time maintaining their base and lifestyle.
At least that is what has happened every time I have tried it. So I would either limit residual to some period of months and only extend it if they both upped their monthly and renewed for a longer term. None of that was what you asked and the better softwares will produce commission report for you. On Sun, Sep 20, 2020 at 9:38 AM Matt Hoppes < mattli...@rivervalleyinternet.net> wrote: > I’m planning to do 100% of the monthly rate upfront and then 5% ongoing. > > I figure the more they help the company grow they should be making more > too. > > A 350/month account - that’s only $18 to the sales person. Insignificant > to the company, but massive potential for them considering what they are > bringing in. > > On Sep 20, 2020, at 10:32 AM, Jesse DuPont <jesse.dup...@celeritycorp.net> > wrote: > > We do it as one time commission - usually 1x or sometimes 2x the monthly > for that sale. We give it to them again on a renewal. We usually have term > contracts so as to ensure the revenue stream over time since we're paying > the commission up front. We haven't done a recurring commission yet. > > > *Jesse DuPont* > > Owner / Network Architect > email: jesse.dup...@celeritycorp.net > Celerity Networks LLC / Celerity Broadband LLC > Like us! facebook.com/celeritynetworksllc > > Like us! facebook.com/celeritybroadband > > <celeritynetworks-GIF.gif> > > > On 9/20/20 8:19 AM, Matt Hoppes wrote: > > Does anyone have an excel sheet or other tracking method for a commissioned > sales person they’d want to share, or share how you do it? > > We are hiring our first outside sales person. She has a base salary, but then > gets bonuses based on closed sales, as well as recurring commission for > accounts that stay. > > Trying to figure out the best way to track this. > > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com > -- Lewis Bergman 325-439-0533 Cell
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