I have some doubts on the incentive plan for BDM. I as a BDM should achieve 4 * CTC times the business. Say CTC = 2,40,000. Monthly 20,000. should achieve business= 960000. Required to acquire business 30% more for closure = 960000+288000=1248000.
If he has acquired a business (non converted) of 600000 in first month irrespective of closure (50000 converted). The target only remains 648000 for rest 11 months to acquire business.. Please explain how this fits in your incentive plan as well as your 6L incentive scheme for BDM
From India, Mumbai
If he has acquired a business (non converted) of 600000 in first month irrespective of closure (50000 converted). The target only remains 648000 for rest 11 months to acquire business.. Please explain how this fits in your incentive plan as well as your 6L incentive scheme for BDM
From India, Mumbai
Hi Can anyone help in preparing an attractive incentive scheme for insurance renewal team for an automobile dealership? regards, U.Chidambaram Chennai
From India, Delhi
From India, Delhi
Hello Team,
Please guide me regarding evaluation for team. Its my first job as a Team Leader into a recruitment start up firm. I have to evaluate the performance of three recruiters weekly basis as well as have to plan a targets & incentives for them.
From India, Mumbai
Please guide me regarding evaluation for team. Its my first job as a Team Leader into a recruitment start up firm. I have to evaluate the performance of three recruiters weekly basis as well as have to plan a targets & incentives for them.
From India, Mumbai
Hello, Please share incentive plans for recruiters, TL role for recruitment consultancy.
From India, Gadag
From India, Gadag
Community Support and Knowledge-base on business, career and organisational prospects and issues - Register and Log In to CiteHR and post your query, download formats and be part of a fostered community of professionals.
Incentive Plan.xls
Incentive Plan policy-template s.doc