Sales Commission Variance Assessment

Sales Commission Variance Assessment

Date: [Date of Assessment]

Sales Performance Evaluation

This section evaluates the salesperson's ability to meet and exceed sales quotas, utilizing customer service skills, product knowledge, and other sales strategies. It includes a detailed table for better understanding.

Criteria

Rating (1-5)

Meeting Sales Quota

4

Customer Service Skills

Product Knowledge

Sales Strategies

Rating Scale:

1 = Poor | 2 = Below Average | 3 = Average | 4 = Above Average | 5 = Excellent

Qualitative Analysis of Sales Strategy

This section dives into the salesperson's strategy and approach, including their understanding of client needs, closing skills, and ability to overcome objections. The individual's intention and persistence in pursuing leads will also be assessed.

  • Did the employee demonstrate a clear understanding of client needs? (Y/N)                              

  • Did the employee display effective closing skills? (Y/N)                              

  • How well did the employee handle objections? (Y/N)                              

  • Does the salesperson exhibit persistence in following up leads? (Y/N)                              

  • How intentional is the salesperson in seeking out new leads? (Y/N)                              

Overall Sales Commission Variance

This last section provides an overview of the salesperson's overall commission variance – the difference between actual commission revenues and forecasted commissions. It indicates the ability of the salesperson to meet or exceed expectations.

For assistance, the variance can be calculated using the formula: Variance = (Actual Commission - Forecasted Commission) / Forecasted Commission x 100%.

Signature

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