Summary
In addition to their [base salary], members of the [SaaS Name] sales team will receive commissions according to the tiers below. Commissions are added on the [last day of each month] and will be reflected in the following [pay period’s] earnings statement.
Category | Description | Value | Notes |
Base Salary | Monthly base salary | See earnings statement | Paid monthly (independent of sales) |
Commission Structure | Tier 1 (up to $40,000 in sales) | 10% of sales | $0 to $40K |
Tier 2 (up to $80,000 in sales) | 8% of sales | $40K to $80K | |
Tier 3 (up to $120,000 in sales) | 6% of sales | $80K to $120K | |
Tier 4 (up to $160,000 in sales) | 4% of sales | $120K to $160K | |
Tier 5 ($160,000+ in sales) | 2% of sales | $160K+ | |
Total Commissions | Total before deductions | ______ | Average commission rate |
Deductions | Total deductions | ______ | |
Net Commissions | Tiered calculaations | ______ | |
Total Comp | Base + commissions | ______ |
Year-End Bonus Structure
For Tier 2 to Tier 5 sales professionals, we also offer a generous year-end bonus. Please note that year-end bonuses are subject to change. For a general estimate, however, we have included the previous 3 years below.
Tier | 2022 Bonus | 2023 Bonus | 2024 Bonus |
Tier 2 ($40K to $80K) | $3,200 | $3,450 | $3,620 |
Tier 3 ($80K to $120K) | $4,650 | $4,700 | $4,980 |
Tier 4 ($120K to $160K) | $5,240 | $5,360 | $6,120 |
Tier 5 ($160K+) | $6,240 | $6,630 | $6,970 |
