I think this is awesome Sean. On Tue, Dec 2, 2014 at 8:07 PM, Sean Heskett via Af <[email protected]> wrote:
> The math is similar to what you posted Jeremy, and we have 11 employees so > it can be a couple to a few hundred dollars in a month. > > We also made it fat on purpose because all those net new clients are a new > long term revenue stream for the company. > > It gives them ownership of company growth so everyone is focused on that > one goal...net new. I'm basically trading most of the first month's > revenue for focus on the company goal. > > It's been great all around for employee moral and company growth...win win > > -Sean > > On Tuesday, December 2, 2014, Jeremy via Af <[email protected]> wrote: > >> So if you have an ARPU of $40 then 40*55 = $2200 / month. Depending on >> how many employees you have that would be a pretty awesome bonus structure. >> >> On Tue, Dec 2, 2014 at 7:25 PM, Tushar Patel via Af <[email protected]> wrote: >> >>> Sean, >>> >>> Sound like great plan. We need to implement something like this. >>> >>> So with net of 55 per month, how much $$ will go in the pool per month? >>> So highest amount made in the year by one person? >>> >>> Tushar >>> >>> >>> On Dec 2, 2014, at 6:48 PM, Sean Heskett via Af <[email protected]> wrote: >>> >>> a couple years ago we stopped doing christmas bonuses and moved to a >>> year round monthly "net new" bonuses each month. we take the total active >>> subs last month and the total active subs this month and any amount over 20 >>> goes into the net new bonus pool. >>> >>> for instance if we have 75 net new in a month then 55 * monthly sub $ >>> average = net new $ bonus pool. the pool gets divided amongst everyone. >>> The formula is a bit more complicated than that but that's the general gist >>> of the "net new bonus". also the reason for the "20" off the top is that >>> we feel the company should be able to add 20 net new subs with out even >>> really trying (based on historical data from 15 years) >>> >>> this gets the whole team from sales to support to installers to network >>> techs focused on customer retention and company growth. also since the >>> monthly sub $ average is part of the formula it encourages everyone to >>> upsell. >>> >>> this november we doubled last november's net new :-) >>> >>> we expect this december to blow the doors off last year because in the >>> first 2 days of the month we took 23 orders. >>> >>> -sean >>> >>> >>> >>> >>> On Tue, Dec 2, 2014 at 12:48 PM, Josh Luthman via Af <[email protected]> >>> wrote: >>> >>>> When does everyone else usually hand this over? Are there any tax >>>> benefits or anything like that? >>>> >>>> Josh Luthman >>>> Office: 937-552-2340 >>>> Direct: 937-552-2343 >>>> 1100 Wayne St >>>> Suite 1337 >>>> Troy, OH 45373 >>>> >>> >>> >>
