Want to know about commission schedules...If I were to hire a ad rep who worked strictly on commissions what kind of % would he/she receive?
any input would be helpful
any input would be helpful
Anyone here in Advertising? quick question..
- Thread starter worm44
- Start date
Hey worm,
It depends on whether it residual base for reoccuring contract/agreement or Salary + (sales - quota).
If its residual on a reoccuring contract, say annually, then 2 good methods to keep employees is 50% (of profit) or 35% up front of annual (with a clause of deduction for unexpected lack of return) + 15 % monthly.
If it is salary with a quota draw. Decide what the return should be for a certain salary, then give a bonus residual for sales beyond that point for not less than 20%.
Hope that helps. I own a sales company so if you need any other specific advice, feel free to e-mail me.
It depends on whether it residual base for reoccuring contract/agreement or Salary + (sales - quota).
If its residual on a reoccuring contract, say annually, then 2 good methods to keep employees is 50% (of profit) or 35% up front of annual (with a clause of deduction for unexpected lack of return) + 15 % monthly.
If it is salary with a quota draw. Decide what the return should be for a certain salary, then give a bonus residual for sales beyond that point for not less than 20%.
Hope that helps. I own a sales company so if you need any other specific advice, feel free to e-mail me.
i dont think yoy can hire any good rep on strait comm. .unless you already have a well established potfolio of clients he can call on, in that case you pay him a salary and comm. him on new accounts, like 30% on first agreement and then less upon renewal.
i work in sales commodity items for building industry comission draw 20% net profit company truck . keeps me motavated to sale the more you sale the more you make
