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Sales Target
Sales Target for employees
Sales target is a feature available in the Essential & HRM module
What is a Sales target?
Sales target helps businesses to give target-based incentives/commissions to their employees or staff.
Using this business can define a different range of slab-based incentives.
For example:
- For sales from $0 to $1000, the commission percentage is 5%
- from $1001 to $5000, commission percentage is 7%
- from $5001 to $10,000, commission percentage is 9%
- from $10,000 to $10000000, commission percentage is 12%
This helps businesses boost sales because employees or salespeople work hard to achieve a much higher commission percentage.
Adding sales target
- Go to HRM -> Sales Target, click on ‘set sales target.’
- In the popup, define the commission slab or target
- Here is a screenshot of the above example:
Calculating & Paying commissions to employees
To pay commissions to employees for sales targets, you need to process the payroll.
In payroll processing, there will be a separate column for sales target commission. Check the screenshot below: