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Commission based on credit control?

  • 02-03-2005 5:00pm
    #1
    Closed Accounts Posts: 12,382 ✭✭✭✭


    I do a good bit of credit control in my job.

    My employer has offered me commission as an incentive to get more money in...

    Also, I have to think of the best way we can structure this commission.

    Can you think of/do you know of any way I can fairly award myself commission based on credit control?

    Does such a thing exist?

    Comments appreciated.

    Thank you.


Comments

  • Registered Users, Registered Users 2 Posts: 68,317 ✭✭✭✭seamus


    % based on the size of the debt you recoup? (Assuming that's what you do)


  • Registered Users, Registered Users 2 Posts: 20,099 ✭✭✭✭WhiteWashMan


    well, if its commission, then it has to be based on the amount of money that you collect.
    either as percentage of the overall revenue, or based on some sort of margin


  • Closed Accounts Posts: 12,382 ✭✭✭✭AARRRGH


    Thank you.

    Yes, we have a few hundrew thousand outstanding, with lots of different customers.

    It's hard to calculate what comes in because of me, and what comes in because the customer simply wants to pay.

    So I think it had to be based on % money in. But that alone seems too simplistic... or maybe I'm just trying to make it complicated.

    How would you calculate it?


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