Design a compensation plan for the company

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Reference no: EM133307426

Question: Design a compensation plan for the company. Follow the guidelines we discussed in the lecture.

Take into consideration the following:

The company you choose should have Inside Sales person, Sales representative, Territory Manager, Regional Manager.
For each decide how you will compensate him/her - base salary only, commission (what type), bonus, other incentive. Put in dollar values for each type of compensation. Commission is based on % of revenue.
TOTAL REVENUE PER MONTH FOR THE COMPANY = $500,000, 5% for inside sales, 20% for sales rep, 30% for territory manager, 45% for the regional manager. On target earnings.

Reference no: EM133307426

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