in the incentive compensation module, How can i se...
# ask-stanley-ai
g
in the incentive compensation module, How can i set up 3 tiers with dollar-based thresholds that pay a flat percentage of the total sales collected for a month. There are also select items that would pay an additional percentage.
c
AI generated answer (using internal Slack threads):
****** Disclaimer: This response was generated by an artificial intelligence assistant based on previous conversations from multiple Slack channels, and may contain inaccuracies or mistakes. ****** To set up 3 tiers with dollar-based thresholds that pay a flat percentage of the total sales collected for a month in the Incentive Compensation module, you would need to create three different commission plans, each with its own threshold and payout percentage. Here are the steps: 1. Navigate to the Incentive Compensation module. 2. Create a new commission plan. 3. Set the threshold for the first tier (for example, sales up to $10,000). 4. Set the payout percentage for this tier (for example, 5%). 5. Repeat steps 2-4 for the second and third tiers, adjusting the thresholds and payout percentages as needed. For select items that would pay an additional percentage, you would need to create custom fields and formulas. These custom fields would be triggered when certain items are used. For example, if you have an item that pays an additional 2% commission, you would create a custom field for this item and set the formula to calculate the additional 2% commission. You would then need to create a saved search to account for all these payments and calculate commissions. Please note that the Incentive Compensation module is not very flexible and may not fit well if your commission structure is complex. In such cases, you may need to write additional scripts or use a third-party add-on.
Slack thread 1: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.825352848
Slack thread 2: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.823186517
Slack thread 3: here (available only if the original thread was posted in the last 90 days)
Similarity score: 0.813884914
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g
Only one plan can be assigned to a given employee, how do I navigate tiers in a single Commission plan based on a dollar threshold as well as configure it to pay an additional percentage on select items?