Chapter 4 - BlueTarp Commissions Flashcards
1
Q
Who is charged with calculating and figuring commissions?
A
Sonya - based in Portland Maine.
2
Q
How many times do you get paid on a deal?
A
4 times (25% ea time at the given comm rate)
First = when contract is signed Second = when customer goes live Third = after 6 months Fourth = at 12 months
3
Q
How much commission is earned if your deal value is between $1-$20MM?
A
0.20 BPS or $2000 per million
4
Q
How much commission is earned if your deal value is between $20MM-$29.9MM?
A
0.30BPS or $3000 per million
5
Q
How much commission is earned if your deal value is between $30MM or more?
A
0.40 BPS or $4000 per million
6
Q
When do commissions reset?
A
January
7
Q
How often are commissions true’d up?
A
Every 6 months
