Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you do question no.2 NOTE 2: Total Compensation assumptions include: Level 1=$50,000 (OTE) * On Target Earnings Level 2=$100,000 (OTE)* On Target Earnings Level

image text in transcribed

can you do question no.2

NOTE 2: Total Compensation assumptions include: Level 1=$50,000 (OTE) * On Target Earnings Level 2=$100,000 (OTE)* On Target Earnings Level 3=$150,000 (OTE) * On Target Earnings NOTE 3: For Budget Calculations, assume that on target earnings [OTE] sales plan is $100,000,000. Think of this as a bonus, you only get it if you hit the target. NOTE 4: Directors/ VP/ CRO's will be excluded for this phase of the compensation project. Question #1: [20 Marks]. Create a compensation plan recommendation (Hint: Core Elements could include: [base pay, commissions, bonuses,] \& Non-Coje Elements [Choice of plans; Incentive pay horizon] Questions # 2: [20 Marks] If Using commissions in the sales compensation plan- Identify if [Absolute, relative, straight-line, gross margin] and why you selected the one you did. NOTE 2: Total Compensation assumptions include: Level 1=$50,000 (OTE) * On Target Earnings Level 2=$100,000 (OTE)* On Target Earnings Level 3=$150,000 (OTE) * On Target Earnings NOTE 3: For Budget Calculations, assume that on target earnings [OTE] sales plan is $100,000,000. Think of this as a bonus, you only get it if you hit the target. NOTE 4: Directors/ VP/ CRO's will be excluded for this phase of the compensation project. Question #1: [20 Marks]. Create a compensation plan recommendation (Hint: Core Elements could include: [base pay, commissions, bonuses,] \& Non-Coje Elements [Choice of plans; Incentive pay horizon] Questions # 2: [20 Marks] If Using commissions in the sales compensation plan- Identify if [Absolute, relative, straight-line, gross margin] and why you selected the one you did

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Crimes

Authors: Maximilian Edelbacher, Peter Kratcoski, Michael Theil

1st Edition

0367866528, 978-0367866525

More Books

Students also viewed these Finance questions

Question

Determine miller indices of plane X z 2/3 90% a/3

Answered: 1 week ago