Earnings on a tiered plan.
A worked example
Starting figures
- Sales
- $480,000
- Quota
- $400,000
- Base commission
- 4%
- Rate above quota
- 7%
- Base salary
- $62,000
What it returns
- Total earnings
- $83,600
- Commission
- $21,600
- Below quota
- $16,000
- Accelerated
- $5,600
- Attainment
- 120.0%
How to read the results
With the defaults above, total earnings works out at $83,600.