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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
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 didStep by Step Solution
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