Sales Yearly Commission Assessment
Sales Yearly Commission Assessment
Date: [Date of Assessment]
Introduction
The purpose of this assessment is to evaluate the year-long accomplishments against the sales objectives pre-established by [YOUR COMPANY NAME] and to track how much commission has been earned. The assessment aims to recognize, reward, and document individual performances and identify areas for potential improvement.
Assessment Criteria
The assessment includes ten core items that are central in our commission’s payout system. Each item builds on performance metrics and goal accomplishments.
-
Total Yearly Sales
-
New Account Acquisition
-
Customer Retentions
-
Customer Satisfaction Ratings
-
Total Upsells
-
Sales Forecast Accuracy
-
Product Knowledge
-
Cross-Departmental Collaboration
-
Training and Professional Development Completion
-
Compliance with Company’s Regulations
Commission Detail Samples
Herein provided is a table that indicates how the commission payout system can be factored based on each criterion. Please note that the commission percentages are indicative and can vary based on the final approved agreement.
|
Assessment Criteria |
Weightage (%) |
|---|---|
|
Total Yearly Sales |
30 |
|
New Account Acquisition |
|
|
Customer Retention |
|
|
Customer Satisfaction Ratings |
|
|
Total Upsells |
|
|
Sales Forecast Accuracy |
|
|
Product Knowledge |
|
|
Cross-Departmental Collaboration |
|
|
Training and Professional Development Completion |
Conclusion
This assessment will ensure accuracy and fairness in the commission distribution while encouraging better performance. Consultants and Managers should use this as a guide for employee evaluation and for setting future commission targets.
Signature:
[Month Day, Year]
