We don't have any sales people on commission. The bonus is worth every penny we put towards it because it pays dividends. Everyone is always talking about how good we're doin and how we can push to make the bonus bigger.
On Tuesday, December 2, 2014, Tushar Patel via Af <[email protected]> wrote: > That is lot of money. > > > Do you have sales people on commission (first month's revenue)? > > If so how do you handle that with the other bonus structure? > > > Tushar > > > On Dec 2, 2014, at 9:07 PM, Sean Heskett via Af <[email protected] > <javascript:_e(%7B%7D,'cvml','[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] > <javascript:_e(%7B%7D,'cvml','[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 >>>> >>> >>> >>
