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  • sales bonuses – when are they paid?
  • geoffj
    Full Member

    A friend is thinking of taking a sales job, but having never done this kind of work before, they are unsure of what standard practice is re payment go bonuses. The proposal is this
    sales contract signed in January, work done and payment made in February, bonus to be paid in March pay packet.
    Does that sound reasonable?

    glasgowdan
    Free Member

    Yes

    Rockape63
    Free Member

    every job is different, but that sounds pretty normal

    tomhoward
    Full Member

    Yep.

    Some places (mine) have quarterly based target, so will pay you a % of OTE for the first 2 months then make any adjustments after the 3rd month.

    geoffj
    Full Member

    Thanks guys

    footflaps
    Full Member

    Sometime there is a clause that the Sales guy gets paid when the company get paid, so if the customer is x months late paying, the commission is deferred….

    geoffj
    Full Member

    Sometime there is a clause that the Sales guy gets paid when the company get paid, so if the customer is x months late paying, the commission is deferred….

    Yep – got that covered.

Viewing 7 posts - 1 through 7 (of 7 total)

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